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RE: It's time to SELL SBD instead of powering up

in #steem7 years ago (edited)

Just as SBD shot up and the ability to buy 6 Steem with just 1 SBD became a reality, I gave away 17.468 SBD to the winner of my weekly contest. How I wished that I could use that to buy Steem for myself! Unfortunately, my sponsor pulled out on me just earlier and I was struggling all week to pay what was promised. I had zero SBD to sell and I was earning just 1 or less SBD per day, so each time I collected 1 SBD, I sold 1 SBD at a declining rate. The first day I got 6 Steem, then 5 steem, then 4 steem and so on until now where it is 1.2 Steem to 1 SBD. As pandorasbox said, I should be taking SBD right out of the system and stashing it as something else until another good buying opportunity comes along.