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RE: Don't Forget to Switch Back to SBD Payouts.
Are you saying that when sbd is higher than $1 we should convert it to steem?
Are you saying that when sbd is higher than $1 we should convert it to steem?
Also you should only make this trade if you think we are in a bull market. Steem is more volatile than SBD, so if you think the market is going to crash SBD will normally lose less value.
Thanks. !BEER
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BEER.Hey @edicted, here is a little bit of
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Traded for STEEM, not converted into it. Absolutely not converted. In the conversion process, the SBD is burned and 1 USD worth of STEEM is created. That is a very stupid thing to do when SBD spikes.
!BEER
Cheers!
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BEER.Hey @markkujantunen, here is a little bit of
BEERfrom @cflclosers for you. Enjoy it!Learn how to earn FREE BEER each day by staking.
Luckily they took the convert feature out of the Steemit wallet because many people made this exact mistake. You're supposed to trade your SBD into Steem using the market. No SBD is destroyed in this process.