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RE: Do Not Sell Your Steem Dollars

in #steem7 years ago (edited)

It's a sensible decision but the timing is not right due to price dynamics at the moment. Someone else asked the same so here's what I said.

No no for me at the moment. The best time to buy Steem was when 1 SBD was buying almost 1 Steem some days ago. I misses it by $0.03 and my order is still pending. Right now, for every Steem you need to pay 1.58 SBD which is quite a high price. I would buy when my SBD can buy MORE Steem. I hope you understand.

On exchanges too, there's difference of 0.00020 BTC in price of Steem and SBD right now (1 Steem = 1.66 SBD) so it's a no no for me.

Steem is taking a hit right now due to blood on the market. If both level, I'll sell SBD to buy Steem.

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This sounds perfect, thanks.

You're welcome.

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