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RE: Vlog 209: Bittrex will open up account signups soon and will add USD trading!

in #life7 years ago

Hi, and thank you for your nice words! As for your question. Long-term I believe STEEM to be way more valuable than SBD. So, long-term I would personally always invest in STEEM and not SBD.

Short-term is much harder to tell. We have seen some crazy pumps in the SBD out of nowhere and this can happen again or not. This is impossible to tell.

If you are unsure what to do, I would recommend selling SBD gradually for STEEM (or other crypto or fiat). Just a fixed amount per day.

This way you will establish a nice sell average. You won't have maximum profits or gains but it takes the guessing part out of the game. I hope this helps.

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@exyle! thank you so much for your reply! i really appreciate that! :) I see that in general you are a fan of doing things gradually, without all this stress and tension linked to more extreme strategy! :) yes, i'm investing a lot in Steem, all my income actually.:) I have never cashed out, but i will have to at the end of February (we all have bills to pay;)), so i was wandering if i should leave some SBD or not power up all steem. But i know that it is so hard to tell, as the market changes drastically all the time... Thank you anyway! :)