Trade Log 12/6/17: SBD.. +$202.17

chinito(73)
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I used google's converter tool here.. (just type usd btc into search bar)

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Despite bitcoin's continued rise, SBD managed to also rise. (with some help from a few whales I suspect).

I bought sbd on wed 11/29

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and sold here

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notes:

SBD actually spiked up 55%


m_20171206-bq2l-71kb.jpg

and look at those aftershocks (i mean the smaller spikes), this tells me there are some big bulls supporting sbd.

This trade, I only went for a 20% profit, next time I'll try for 30%. SBD is unique in that steemit uses it to pay its posters and curators.. so they cannot let it fall to far below $1.. it can RISE as much as it wants. The price now seems to be living above $2, but not too long ago was at 80 cents. So sbd's price is almost guaranteed to be somewhere north of $1. I'll let it settle down a bit for a few days and then hopefully buy it again around $2 again.

Thanks for reading,

Ben