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RE: Geez, the devaluation of this is worse than of a 3rd world country...
Over 70% depreciation in a month... under a constant falling slope even when other markets like BTC or ETH were raising.
Over 70% depreciation in a month... under a constant falling slope even when other markets like BTC or ETH were raising.
I do understand your view.
STEEM is, after all, an inflationary currency.
However, i also see the crypto market shooting up starting here in a couple of weeks. Lots of signs. And this rise is going to be fast.
So, right now is not the best time to get out.
Unless you are actually seeing a death in the ... all your friends have stopped posting kind of way, than STEEM is just going gradually go lower and lower, but on a back drop of all the cryptos going up.
And i feel we are looking at the front of the third wave up for SBD.
So, hold on a month is my recommendation.
-10% in a day... Sweet.