A Final Note on SBD Conversions-STEEM last 24 Hours updates

in #steem7 years ago (edited)

Yesterday i read a post in Steemit and very well advised by @ats-david  in his post saying that

 If you are not aware, it is not ideal to be converting your SBDs to STEEM. You will receive much less STEEM using the conversion function in your wallet than you would selling the SBDs through the exchange and purchasing STEEM. This will also put downward pressure on SBD prices and upward pressure on STEEM prices. If you wish to convert SBDS to STEEM, consider using the internal or external exchanges. It would be beneficial for yourself and both currency prices. 

I totally agree with his arguments and nice tips as it is infact most beneficial and necessary for both currencies and individuals.

Now visit the below chart as STEEM is is still in trending and it will gain again top 10 ,From last 24 hours Bitcoin price is is also in decline so must consider Bitcoin price factor which directly impact on all other crypto currencies too.

Photo source: poloniex.com

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                          coinmarketcap.com

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Yep - read that ats-david post as well and it's a good tidbit of info. The hard pullback in BTC this afternoon certainly eased some pressure on steem as it bounced up a bit.

yes no doubt very good tips by @ats-david

Very interesting, thanks for posting - Voted and following!

welcome dear friend

I hope it go 25$

we hope it will continue the trend

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