Should we take advantage of the rise of the Steem Dollar?

in #steemit7 years ago

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I think you have all seen the rise of the Steem, as well as that of Steem Dollars.
For the first, the variation is quite normal, but for the second this is very irregular.
Indeed, the Steem Dollars should be normally stable, but since the website is growing in popularity
it was predictable to have a price explosion too.

But now, I think for a novice in cryptocurrency is tempting to trade and enjoy the rise,
but you can lose very big in this kind of situation. Indeed, when the Steem Dollars will update
its liquidity to maintain the price to 1 dollar, those who have invested during the rise will have
lost up to almost half of their assets. I think you would not like this problem ...

There are two ways to limit future damage:

If we invested in the Steem Dollar before the price increase, 
it would be wiser to wait for the price to be regulated.
If you have invested during the hike or you have a lot of income on this cryptocurrency, 
you can use the traditional method of a CEO with his company. That is to reinvest in Steem Power.
We can also trust another cryptocurrency.
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