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RE: As Steem falls, we're printing more of it.
At the moment I'm more interested in holding SBD than Steem, certainly. I'm not as convinced that there's a rally coming soon, though.
At the moment I'm more interested in holding SBD than Steem, certainly. I'm not as convinced that there's a rally coming soon, though.
My rule is that when everyone is excited that is when I need to be worried about a crash coming, as everyone gets really down on something it's time to start buying. I called 80c as the bottom for steem 6 weeks ago and restated it a few times to different people and we are in that range. From here I feel back to $1.20-1.30 will happen quickly which is a 50% return and SBD will follow. The real jump will happen when it pushes past there as there just won't be enough SBD to go around.