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RE: Tutorial STEEM DOLLARS to STEEM - Now is the time
hi @s3rg3 thanks for the post, but since I am a newie I am trying to understand why would you exchange your SBD to Steem if the SBD crypto value is higher by 401% compare with the Steem as I write.
From a BTC crypto value point of view, 1 SBD = 0.00048494 btc vs 1 Steem = 0.00012067 btc
Isn't it better to transfer your SBD to an exchange and then exchange them for BTC since BTC will continue being the King in terms of Value ?
I guess it depends on what is the "use" of the STEEM a steemer wants for.
Or maybe I am wrong, what do you think?
Well one reason for this could be that it'll set you down only 1 SBD for 7.25 STEEM at the moment. I think that is a pretty nice deal. You can use this to see what it means when selling 1 SBD for Steem: http://steemdollar.com/ Also because of being on Steemit you profit when putting Steem into Steem Power. Makes sense?
Thanks, I rather make my Steem Power without having to transfer my Steem to it for now. And maybe would be a good idea to check margins because at the moment I think you will get more of Steem if you convert your SBD to BTC and then use those BTC to exchange them for Steem if your goal is to have more Steem; specially because BTC will increase value with the two upcoming forks. But again, I am new on crypto, although I enjoy numbers. Thanks for replying man, we all learn something new everyday!