https://steemitimages.com/DQmWxFFpGSRcyRLN5txeQJWjVeZ4qkRJebVwwMqK9WVynZS/roulette-634412_640.jpg
Lately we have seen the SBD price goes up to more than 1 USD. And community senior members like @clayop, @abit and probably others have highlighted this issue. I sold my 60 SBDs a while ago and bought some Ether (not a bad investment so far). The margin between SBD and USD seems to be increasing lately. According to changelly.com, 1 SBD equals 1.416 USDT. I am not sure if USDT can still be trusted or be substitute for USD but you get the idea.
https://steemitimages.com/DQmSa7aNDPajARYpccv7Pg7AnynMR3dxuS1iMoDpfTSihnM/image.png
Recently I have saved some SBDs and now I am thinking again… (it’s fun, isn’t it?). But at the moment, all altcoins seem to be doing VERY WELL!! So it means they are also quite expensive now… What should I do? [cashing out fiat isn’t an option for me as I love crypto!]. So I think… Maybe I can join some ICO atm, since they are not yet on the market, seems to mean that they are relatively cheaper. So I checked out Smith&Crown’s ICO list…
https://steemitimages.com/DQmTP8T2J58kyc62H4CrvEJD8A3VZC8yZX92JWLq1QHU4zR/image.png
I decide to buy some more PeerPlays as their ICO isn’t finished yet (I bought some before due to this. lol). So I kind of know them so how. It is no big money so I go with it (this time I pay with SBD, the whole 24 of it!! and the site shows that it is worth $36 … sweet!! ).
https://steemitimages.com/DQmbWgFwYEX4BQimGEaUeuWTktEMrjiBzJBDT99rt4zA65W/image.png
https://steemitimages.com/DQmVrVaPbXLeSKtGvmVWrbKYJK3dVjc4zrLbcCFkfEX5JKK/image.png
Viola! So now I have 6.4 more PeerPlays tokens with me!! Yes!
https://steemitimages.com/DQmXZBoEeZgbkJTNpbvhkXnGYsbPcyqCXUSesPYWQA9rm2Y/image.png
Oh, you are welcome to copy my Redemption key .. A message is encrypted inside! LOL…
Conclusion & Warning
1. The crypto world is so much fun - all on your finger tips. You can switch your asset instantly.
2. I decide to utilize this overpriced opportunity and meanwhile diversify my stakes a little bit. But Steem is always the top choice of my crypto-assets.
3. WARNING: this is just a fun experience sharing. Doesn’t mean that I am right.
photo credit: the first one from pixabay and others from respective websites.
This page is synchronized from the post: ‘How I deal with over-priced SBDs … Warning… this may not be a good example!’