So, my BTC has just been sitting there... neither losing nor gaining value. Some people might find that acceptable. But not me. I think there is a significant risk in holding BTC. It could go to zero in short order. I don't feel like I want to assume that risk without a return...
When evaluating all the other possible holdings that promise some kind of return, none match the value proposition that Steem Dollars represents.
With Steem Dollars, I get 10% interest right off the bat. That's phenomenal compared to any traditional low-risk investments such as money market accounts or certificates of deposit.
There's also conversion cycling, which I've outlined in previous posts:
https://steemit.com/steem/@bacchist/testing-the-steem-dollar-peg
https://steemit.com/sbd/@bacchist/sampling-sbd-conversion-returns
https://steemit.com/steem/@bacchist/my-week-1-sbd-conversion-results-18-615-sbd-or-7-446-roi
https://steemit.com/sbd/@bacchist/i-stopped-converting-sbd-for-now
To make a long story short... I've determined that now is the time to go all in on SBD. And perhaps the last great opportunity to do so. Recent and proposed changes promise to strengthen the SBD to USD peg, and add value to the SBD as a store of value.
The 85c that I was able to purchase this SBD at is something that I think will be less available in the future.... So I'm hitting it pretty hard by my own standards.
We'll see what happens... I'll let you all know.