SBD & STEEM hold strong while other alts fall
BTC fell around 5% in the space of minutes today and the alts fell harder with average losses of around 10%
But this is not the story for STEEM & SBD which are both currently on their way up.
SBD had been holding at around $1 for the last month but is now surging thanks to Korea's Upbit exchange.
A massive 82% of the volume is coming from the SBD/KRW pair.
Anyone remember the last time this happened?
Week after week it kept going up... and every week I would kick myself for selling my SBD the week before!
So, this time I am hodling that SBD all the way, to see where we go with this.
Love the Koreans!
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Sam is the creator of:
@steemshop where you can buy or sell anything you like using your steemit wallet
@steemmasters which provides FREE TUTORIALS, personal training & resteeming services. Website HERE
Contact me directly on steem.chat if you want to know more about this
@steemholidays which encourages resort owners to offer holiday packages in Steem or SBD
@steemtv which aims to provide the best in decentralised films, exclusive to Steemit & DTube
The dailyquotes tag initiative designed to encourage steemians to share their most life changing quotes with the community on a daily basis.
The Aspiring Steemit Whales & Dolphins group on Facebook which seeks to help newcomers make the transition from Facebook to Steemit, providing them with detailed notes and personal assistance with their posts... resteeming them when he can.
@teamsteem @timcliff @jesta @good-karma @someguy123 @blocktrades @pfunk @klye @krnel @blueorgy @ausbitbank @thecryptodrive @ura-soul @pharesim
Optimistic prediction: BTC and most alts will crash, except for Steem which will become a "crypto stronghold" for investors and raise to >10$ !
It seems to me like Steem is the only coin with a community that is not only in it for quick speculative gains, thus users will keep buying.
Nothing wrong with a bit of optimism :)
Wouldn't have it any other way!
SBD is up, but steem dropped 4 cents since last night.. pretty much to its lowest point in 18 months. A great time to buy and most likely it will recover soon.
Watching STEEM on Bittrex it felt deceptively like a little pump, listing it at 5% increase at the time of writing. Looking on coinmarketcap it is down 4%.
Like you say, it's a good time to buy!
These coins are so volatile that I have had to take a long term view. It is possible to really profit in the short term by knowing the moves in advance, but it gets tiring keeping up with it all!