Continuing to Play the $1.00 SBD Peg
Hey guys,
Remember when SBD traded back down to the $1 USD peg and we spoke about taking advantage of the range and trading it to the upside for some easy money?
Take a look at the way price has continued to respect the peg, fluctuating within a 10c range surrounding the peg level:
SBD/USD 4 Hourly
Well take a look at the way price has continued to react throughout our range:
SBD/USD 4 Hourly
Have you been taking advantage of the SBD price action?
Peace ✌🏻.
@forexbrokr | Steemit Blog
Forex and Crypto Market Musings.
Twitter: @forexbrokr
Instagram: @forexbrokr
In anticipation that SBD have settled around the $1 mark, and that it is going to stay there....I'm regularly exchanging my SBD for STEEM..at these prices, STEEM is a bargain...
What do you think about this strategy?? No need to keep the SBD, anticipating it will respect the peg in the future..
If you believe in STEEM, and we all do since we’re giving our time to post, then this is a great strategy for your author rewards. I do the same whenever I come across them.
But at these prices, we aren’t getting SBD for posting. Just STEEM and SP. So if you want to play the peg, you’re going to have to just buy and sell on an exchange.
Posted using Partiko iOS
Well, I'm selling my votes through Minnowbooster, thus getting paid in SBD, a pretty good deal at this time🙂
i feel as soon as i buy sbd it will crash haha so ill stay away for everyones sake
Haha superstations are dumb. You’re not special enough to make the market crash, don’t worry 😇.
Posted using Partiko iOS
haha i guess your right on both of those points :P
No. that takes a lot of work and energy to watch and buy and sell just at the right time - too much going on for doing that...
😄 Day 4
Haha, so you mean that trading takes work and isn’t actually an easy get rich quick scheme? Get out of here! 😂
Posted using Partiko iOS
not just said - it drives you crazy LOL
the steem platform was down all day - so, I am finding your comments 😄 Day 5
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STOPTo support your work, I also upvoted your post!