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RE: Why I Don't Care About Cryptocurrencies Prices and Value

in #dlive7 years ago

I guess I can kind of agree with this... I personaly plan to use any SBD I make on steemit to improve the community with giveaway or contests, or to improve my page investing it into steem to power up, trading it for USD to buy materials for a project i'm doing, or something along those line. Let's say I'm using my SBD to buy some wood for a project or a camera. I'm going to have to trade it for USD, and I rather Trade when It's at a high point rather then a low point. like earlier today it was almost at $4 USD then dropped to $1.7. If I was saving to buy something the $4 point would have been a good time to trade that way I didn't need as much SBD. I don't watch the values very closely but every now and again it doesn't hurt to check. I'm not some guy who is here to make stupid amounts of money, but if the value of SBD is high at a point when I need something I'm going to use that to my advantage to help make content for my page. They only time I would want to use my SBD to live off of is if I lost my job and was doing this full time while in between jobs. The way the markets are set up almost no one accepts Bitcoin even. So I guess in conclusion it's not necessary to check values, but it doesn't hurt to check from time to time to save you cryto in the long run