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RE: Can You Profit From The Current Dip? (Step by Step Tutorial)
There is a reason I have 500+ SBD right now ;) . Thinking along the same lines.
So SBD pumps up much faster because there is so little liquid SBD out there only 15 million give or take. Don't care if the ideal price is supposed to be $1, it just doesn't hold the peg once a few larger buyers decide it's time to pump it.
Wow, nice amount of SBD's, I am on 150, saving them for months lol but I think it will be worth it.
Besides that, the current post payouts are in Steem Power, SBD & liquid Steem, which means that there will be much less SBD's produced now, so it will take less effort to pump the SBD price, I think 10$ per SBD is a ridiculous goal, we may hit 20$!
My rule of investing is when everyone is in full panic mode then you know it's time to buy. If you look at the best investors out there this is how they do things. Find something you believe in, then wait for it to tank in price and buy it.
$20 would be great, but not sure I'd wait for that one. $15 seems like something that can be duplicated. Might take a big of time for people cashing out their SBD. Right now I want to add more, but need to sort out a few expenses first. Bills suck...lol.
Yeah, Buffett advice, be greedy when other are fearful lol. It's true, I believe in Steem I think it's one of the best cryptocurrency out there, very underrated in my opinion, but I don't mind the duration of something that has potential to be the greatest.
Same goes with me, fiat bills are so boring and distraction from our growth, but hey, we know the concept, there will be plenty of highs and dips, it's still to early in the crypto world :)