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RE: STEEM - A new fail to break the resistance line at 1$
Hello @dynamicrypto, thank you very much for the witness upvote. Since I'm working on STEEM, I always use the SBD for my spendings and the STEEM as my savings. So I try to never use the STEEM and make it grow. WHat I'm currently doing, now that we don't have anymore SBD, is exchanging the liquid STEEM that we receive in SBD.
There is 3 reasons :
- As explain, I don't want spend STEEM but only SBD
- If we have a pump on one of them, I think it will be first on the SBD as we have only 15,7M coins in circulation.
- If the STEEM continues to drop, I expect that the SBD will continue to stay around 1$
Regarding the HF20, we wll receive again some SBD but again we should stay at least around 1$ of value for each coin or as witness, we will start to put an interest rate on it to increase its value.
So to resume all that, the SBD is for me a coin with a limited risk to go under 1$ and a possibility to have a new big UP when the market will start a new UP trend.
Interesting, I was wondering about that savings %.
@cryptopassion I know my curator @zappos is the best thing since toast and all but no delegators means no business until then... we just lost a 10th member in @steemexperience, it is not mine but a friend @richardcrill and we would be honored if you wanted to come join us there where we enjoy curating each others good content and being into crypto and witnesses we cannot wait for you to join. If you want a discord link I can get a SE one for ya or talk on the blockchain... Thank You