Thanks as always for the thought provoking post @cryptographic! For anyone thinking about swapping out their positions, I'd suggest folks to think about the timeline of their own investment and the related opportunity cost.

For what it's worth, I'd say bitcoin has a "higher floor" given the low supply, its increased use case, and its entry to the "traditional" markets. Does that mean it won't experience huge swings? Probably (likely) not, but I think it you're on a shorter timeframe or investing money that you may need in the near future, there's some risk in swapping out.

If you're willing to play the long game (as you should be!), the costs of swapping now (including transaction costs) can be easily outweighed by the long-term potential payoffs - depending on your investment thesis. This may mean riding out some BTS or STEEM volatility - driven by a lack of understanding in these products by folks - but in exchange for greater return. Remember in finance, a higher beta or volatility is usually associated with a higher return stock!

So certainly worth considering but as with many things in life, the answer depends (on you)! Of course, feel free to argue with me on which you think is more volatile too!