SBD Profile

SBD
 Crypto
  

USD 1.88  0.09  5.03%   

Market Performance
14 of 100
Odds Of Distress
Over 57
SBD is trading at 1.88 as of the 26th of November 2022, a 5.03 percent increase since the beginning of the trading day. SBD has over 57 % chance of experiencing financial distress in the next 2 years of operation, but had a somewhat good returns during the last 90 days. Cryptocurrency ratings for SBD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2022 and ending today, the 26th of November 2022. Click here to learn more.
SBD is peer-to-peer digital currency powered by the Blockchain technology. More on SBD
SBD is a market place for peer-to-peer digital currency indicated as Cryptocurrency. SBD has been active in the last 3 months, and it is today expressing a bullish sentiment. Cryptocurrencies such as SBD are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as SBD are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

SBD Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. SBD's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding SBD or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
SBD is way too risky over 90 days horizon
SBD may become a speculative penny crypto
SBD appears to be risky and price may revert if volatility continues
SBD is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. Steem Backed Dollars or simply Steem Dollars are stable value pegged assets issued in the Steem.it platform. SBD are pegged to the value of the USD and can be redeemed on the Steem.it platform for about one dollar worth of Steem. When Content creators receive rewards on the Steem.it platform they are made available in 50% Steem Power, which can be redeemed continuously over a period of 104 weeks, and 50% SBD which can be fully redeemed for Steem in a 5 day period. SBD can also be transfered on the Steem Platform and can be exchanged outside of the Platform.
SymbolSBD
RatingE-
Technology Adoption RatingE-
Market Performance RatingE+
NameSBD
Proof TypeDPoS
Sponsoredfalse
Built OnSTEEM
Is Tradingtrue
Asset Launch Date2016-07-04
Full NameSteem Dollars (SBD)
Asset Website Urlhttps://steem.com/
Block Number69.25 Million
Platform Typetoken
Coin NameSteem Dollars
Total Coins Mined11.74 Million
SBD (SBD) is traded on CRYPTO Exchanges. SBD is peer-to-peer digital currency powered by the Blockchain technology.

SBD's Exchanges and Markets

Poloniex HitBTC

SBD Target Price Odds Analysis

What are SBD's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SBD jumping above the current price in 90 days from now is about 71.2%. The SBD probability density function shows the probability of SBD crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the crypto coin has a beta coefficient of 20.6528. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SBD will likely underperform. In addition to that, the company has an alpha of 45.5227, implying that it can generate a 45.52 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 1.88HorizonTargetOdds Above 1.88
28.73%90 days
 1.88 
71.20%
Based on a normal probability distribution, the odds of SBD to move above the current price in 90 days from now is about 71.2 (This SBD probability density function shows the probability of SBD Crypto Coin to fall within a particular range of prices over 90 days) .

SBD Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SBD market risk premium is the additional return an investor will receive from holding SBD long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SBD. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SBD's alpha and beta are two of the key measurements used to evaluate SBD's performance over the market, the standard measures of volatility play an important role as well.

SBD Technical Analysis

When it comes to investing in cryptocurrency, such as SBD, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of SBD, which is currently traded at 1.88, shows everything you need to know about SBD market value. You don't have to consider the fundamental factors that affect a crypto asset, such as SBD, to determine its price movements. However, the SBD's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so SBD's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project SBD's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Cosine Of SBD Price Series is a trigonometric function that describes price patterns.
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SBD Against Markets

Picking the right benchmark for SBD crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SBD crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SBD is critical whether you are bullish or bearish towards SBD at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in SBD without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in SBD

You need to understand the risk of getting into digital currencies such as SBD before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in SBD in four ways:

Buy SBD through an exchange

Get yourself a crypto wallet before embarking on your SBD journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase SBD. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of SBD through an exchange

You don't have to buy a full token when starting out since SBD is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade SBD through a broker

If you don't want to store your SBD Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in SBD through an exchange-traded fund (ETF)

You can also invest in SBD through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having SBD in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Additionally, take a look at World Market Map. Note that the SBD information on this page should be used as a complementary analysis to other SBD's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Other Tools for SBD Crypto Coin

When running SBD price analysis, check to measure SBD's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy SBD is operating at the current time. Most of SBD's value examination focuses on studying past and present price actions to predict the probability of SBD's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move SBD's coin price. Additionally, you may evaluate how adding SBD to your portfolios can decrease your overall portfolio volatility.
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