Hi Steemians,
You may be surprised if you don't know about SBD price spike yet. It is trading between $6 and $7 on exchanges. @bradydutton and @kingscrown have shared useful posts on some of the opportunities of making profit. Do check them out. I'll share my strategy too.
Everybody knows that SBD is pegged to $1 and has to come back to that value. Nobody knows when.
Or may be only some Steemians know that and the external investors and traders are oblivious to this fact. That explains high increase in SBD's value. But we know that it will come back.
The Opportunity!
While SBD is worth about 6-7 USD, Steem is still under 2 USD. We all know that Steemit has a currency market where Steem and SBD can be traded. Look at the Steemit market right now.
1 Steem is worth less than 0.32 SBD.
And with 50 Steem Dollars, you can buy 157+ Steems
That's a massive massive opportunity. I have exhausted all my Steem Dollars at 0.45-1.10 price range already and converted everything to Steem. I'm zero on SBD.
But if you have 1 SBD, get 3+ Steem right now. If you have 100, get 314+ Steem and power up. If you have always wanted to have greater vote value and influence, this is the best chance. Power up. Increase the value of your vote.
You can also convert some of the Steem you buy now back to SBD at profit when SBD comes back to $1 and Steem is higher than SBD in value. You'll make more SBD this way.
If you need a complete guide, I have it covered for you. Buying Steem on Steemit Currency Market is super simple and highly profitable right now.
All I request is to resteem this post so that more people can benefit from their SBD balance. Please resteem.
