should I be investing in steem or sbd ?
I am not sure I understand the difference yet, so maybe one of you could enlighten me, should be converting to steem power (which I think is STEEM on the currency markets) or should I be keeping it in SBD?
It appears to my noob eyes that STEEM are more volatile so if I want to play the investment game there is more risk but possibily more reward? Compared to a slow steam SBD?
https://coinmarketcap.com/currencies/steem/
https://coinmarketcap.com/currencies/steem-dollars/
So yeah, help, explain, links? Give me the knowledge to help myself here please!
Use both to your advantage. Currently, the value of Steem is rising, so perhaps purchasing Steem is the better idea.
Your account on Steem is a business. Steem Power is your invested share. It cannot be instantly withdrawn.
Steem is the liquid assets that you have. Like oil or gold, it fluctuates so when to buy/sell is important to note.
SBD is you guaranteed dollar value.
Thanks I did a lot of reading about it yesterday, currently looking to earn and hold, see what happens with this bull market. So that said I will slowly try to power up as I am not interested in cashing out soon.
SBD is pegged to the US dollar, so it should always stay around $1.00 (no idea how though). Steem can basically go wherever!
well that makes a lot more sense. thanks for the info!
No problem :D
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Interesting post. Same thoughts here. The coin market will be turbulent for the upcoming year(s) but I really believe in it. I was researching a way to do better investment analysis on the current cryptos. This is quite an interesting website I found: https://www.coincheckup.com The site is my go to place for crypto investment analaysis and indepth coin research.