Morning @Exyle. I haven't cheked the price yet today and I will be travelling all day so won't be buying right now.
I bought 5000 SBD and using that to slowly buy STEEM everyday under $2.
Please would you explain why you bought SBD rather than Steem directly? Is that for the reasons you said in your recent post?
so, you're not saying you bought 5000 SBD to exchange to Steem but you had already bought 5000 SBD and you have now decided buy Steem with that to steadily power that up?
Why don't you just power up the SBD on the internal market?
If you cover this in the video don't worry about answering. I can't play it right now. I often have problems with DLive. Just let me know and I'll try and listen later. Thanks! 😁
I don't cover this. The reason I bought SBD to change to STEEM is that I can do it gradually over time (my style). If STEEM goes lower I get a better deal. If STEEM goes much much lower I can convert SBD to STEEM with a function in the blockchain. If STEEM goes above $2 I can wait and see.
Great. Thanks @exyle.
So is your SBD sitting in your Steemit wallet? And, if so, are you powering up there or do you get a better deal buying Steem with your SBD elsewhere?
With other crypto I usually use blocktrades for convenience. (but bittrex gives a slightly better deal). SBD I just trade on the internal market for steem.
So when you trade SBD for Steem @exyle on the internal market, do you not mind that you get a lot less than 1 Steem for it?