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What You Do If Steem Dollars Are Trading For Under $1 by brianphobos

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· @brianphobos ·
$10.05
What You Do If Steem Dollars Are Trading For Under $1
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<center><p><img src="https://steemitimages.com/DQmPaF9Sa7cDF5Duko9zu2wnzsJQGMLMHCj8yvakgiN5VNU/steem-dollars.png" width="800" height="451"/></p></center>
<p>Steem Dollars have fluctuated quite a bit over the last few months. &nbsp;&nbsp;Those of us who have been around longer have seen Steem Dollars under $1 and have seen the STEEM economy adjust to that situation by offering interest for holding STEEM Dollars. &nbsp;&nbsp;Check out this pool meeting for some better insight on what to do and what will likely happen to keep STEEM Dollars closer to $1 US Dollar. &nbsp;&nbsp;Knowing the relationship here can help you earn more money by knowing the most profitable course of action in each situation. &nbsp;&nbsp;Steemit is a strategy game! &nbsp;</p>
<center><iframe width="560" height="315" src="https://www.youtube.com/embed/w8zR_bRs7K4" frameborder="0" allowfullscreen></iframe></center>
<center><h1><a href="https://www.coinbase.com/join/529e26dcd2421b03c4000252">Earn $10 Of Free Bitcoin From Brian Phobos! &nbsp;</a></h1>
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</center>
<p>Thank you for reading my post and please consider following me <a href="https://steemit.com/@brianphobos">@brianphobos</a></p>
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👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 10 others
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vote details (74)
@ace108 ·
I don't know. I just feel like buying more steem with SBD after the recent drop
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@acromott ·
Very informitive! 
I did not know this.

So basically if Steem dollars drops to .50 and you transfer money to Steem in your wallet, you double your money ?
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@bigoldbitties ·
@brianphobos, isn't it a wonderful time to buy more steem today?
<center>https://media.giphy.com/media/7K3p2z8Hh9QOI/giphy.gif</center>
👍  
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vote details (1)
@brianphobos ·
It really depends.   Crypto can drop like a guillotine.   I really depends on what your play is on here.    
👍  ,
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vote details (2)
@cainplant ·
buy and HODL for life!
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@brianphobos ·
Well don't die before you get to enjoy any earnings!  
👍  , ,
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vote details (3)
@kylek717 ·
Just have to make sure you sell on your death bed and enjoy the satisfaction
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@clemdane ·
Time to buy more
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@brianphobos ·
$0.02
You might be getting STEEM and Steem Dollars mixed up.   
👍  ,
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vote details (2)
@clemdane ·
Yep, you are right. Will go back and rewatch.
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@clemdane ·
Good advice as ever, Brian. I am wondering if when my BTC purchase clears on Friday whether BTC will be more down than Steem. It seems that when BTC is somewhat down, smaller coins tend to be down farther. I am hoping this is the case because  if Steem falls relative to BTC I'll be able to get more Steem than I planned. 

I am a bit wondering about why the whole crypto market seems to be continuing downwards this week, whether it has to do with the upcoming Bitcoin soft fork or just a periodic downturn. If this were the stock market I could go read dozens of analyses and opinions (most of which would likely be pure speculation) explaining what is affecting the markets this week/month. With cryptos it's all a bit mysterious. 

By the way, what do you make of PlexCoin?

Interesting that you were buying real estate in Arizona in the 2010/2011 housing downturn. I bought my two Scottsdale rental condos in 2011 and 2012. My Mom still lives out there and I went out and stayed with her for a while when I took a break from New York. I was sitting on some cash from a previous job and ended up buying 2 properties for cash. Those two have done quite well for me as rentals and have appreciated nicely, though as you say, were not enough to make me a millionaire. However, and I hate to do "coulda woulda shoulda," I wish now that I had stayed at my job and taken out loans because I could have bought around 6 more units if I had financed these purchases. Each of these places is now worth around $150k so I would have had around $1.2 million in units by now, each one cash flowing nicely. Coulda woulda shoulda. 
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@dineroconopcion ·
$0.05
Well said Brian! :)
👍  
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@brianphobos ·
$0.03
Thank you for attending the pool meeting!  
👍  , ,
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vote details (3)
@goldenarms ·
I believe in this platform, I'm new but I'm having fun. Thx for the post
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@brianphobos ·
That is great!  Thanks for attending the pool meeting!  
👍  ,
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vote details (2)
@happymoneyman ·
Ok, I'm starting to get it. My econ major is coming in handy. Thank you for raining truth on us.
👍  
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vote details (1)
@karensuestudios ·
hahah first off, love that you are talking to us in your pool. I saw the whale in the background... subliminal messaging... I see what you did there :P 

Thanks for the info. I'm still new to Steemit, and I didn't know that they did have interest rates on Steem dollars in the past. Keep up talks like this, love being educating and learning what to do with the money I receive on this platform.
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@lionhearts ·
i find your post informative as I am still new to steemit and want to learn more about it especially about investing in steem. I am sure you will continue to post with more information about steem
👍  
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vote details (1)
@brianphobos ·
It is certainly confusing when you first get on here.   Hopefully this clears some things up.   
👍  , ,
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vote details (3)
@mericanhomestead ·
$0.06
Wait WHAT??  STEEM IS UNDER A DOLLAR??

![panic2.gif](https://steemitimages.com/DQmdrjj5VKQGQnXBjR6nX23f3MuZjTBnZqs4UFYqF5YTHtb/panic2.gif)
👍  ,
properties (23)
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vote details (2)
@esteemed1 ·
Ha Ha Ha !!!
Yep.. Sitting back & playing the waiting game..
properties (22)
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@mycitybynight ·
I'm new to platform but feel it will definitely blow up over the course of the next year.  It's definitely a currency I'm going to invest in and hold onto it while it grows.
properties (22)
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@nasrullahilyas ·
Top markotop @brianphobos
👍  
properties (23)
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vote details (1)
@randowhale ·
This post received a 4.8% upvote from @randowhale thanks to @brianphobos!  For more information, [click here](https://steemit.com/steemit/@randowhale/introducing-randowhale-will-you-get-the-100-vote-give-it-a-shot)!
👍  
properties (23)
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vote details (1)
@rulesforrebels ·
$0.02
With prices as low as they are I decided to buy a little tonight.  Steem Dollars are currently at 0.96 and Steem is $1.02. I bought 300 Steem Dollars. Did I make the right call or should I have bought Steem?
👍  
properties (23)
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vote details (1)
@sandstorm ·
$0.02
Dropping gold nuggets on us like it's Christmas time! You gonna do 100% power-up posts here for a little bit, or just stick with 50-50 for now?
👍  
properties (23)
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vote details (1)
@sweetflower ·
Ah, it's a very bad news for newbiews like me we are getting less amount for good work.let'ts hope this will up soon.
👍  
properties (23)
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vote details (1)
@esteemed1 ·
After Aug.1st..LOL
properties (22)
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@znaffe ·
Today you can get both SBD and Steem on sale, what a great day!
Just back up the truck and load up, steem is just refueling the rocket to the moon.
properties (22)
authorznaffe
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