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RE: Vlog 331: Will the current outstanding SBD debt become a problem for STEEM if the price of STEEM goes lower?
I'm excited to see the prices so low. On one hand it's getting me thinking about a major investment into the blockchain and capture a bigger position....
On the other hand....How low will it go?
I believe in STEEM and the entire community, so it's a calculated risk for sure...And things like the SBD / STEEM hedge is a plus (on paper) for investors...But like you said, it's a bet. What do we put our money on :)
Technology is cool...But people are what matters. And that's why I think STEEM wins over any other project out there....But then again I'm biased lol
On the other hand....How low will it go?
Just buy step by step. 20% for example and buy 20% when it drops etc.