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RE: Are you patient enough?

in #sbd • 7 years ago

I have been very patient but I did convert my sbd during the pump because I want to power up as much as I can. I love SBD but I do see that most witnesses want it pegged to $1 for whatever reason so I just feel like having too much SBD around in my wallet might be risky. I had a few hundred and did nothing as it lost its value. I'd like to think I'm a little wiser now but I little more risk averse. Plus we get sbd payouts from selling votes to smartsteem so I know I always have those coming lol

7 years ago in #sbd by
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     7 years ago 

    I do see that most witnesses want it pegged to $1 for whatever reason so I just feel like having too much SBD around in my wallet might be risky

    There are enough Witnesses - including me - who don't want that. In the end - the market decides how high the price should be. And a peg like the current one before the big push - can always be broken; as we've seen.

    Plus we get sbd payouts from selling votes to smartsteem so I know I always have those coming lol

    Yes, that's smart ;)

    In the end, everyone is at different points and has different amounts of SBD

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     7 years ago 

    I'm glad to know there are a number of witnesses who think like you do.

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       7 years ago 

      The classic law of supply and demand.

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         7 years ago 

        I do see that most witnesses want it pegged to $1

        Why do you think so though? Is ti something we the minnows should be worried about?