Same here as I also don't bother and don't want to bother myself thinking about the Steem price while I'm posting. I am more focused on the (better) performance of my article inside Steemit community and no matter what the amount displayed under it would be calculated in some fiat currency. So, I would say we are on the same page about that one. 🙂
Regarding the interesting or right time to buy Steem and increase our SP - or not, I think the present moment might be the right time to invest.
But there is another aspect, I believe shouldn't be neglected and at least it would be wise to research it before making some final decision.
In other words, and from my point of view when it comes to buying Steem by converting some other crypto coin into Steem, I don't think (or at least I don't see) some significant change in between cryptocurrencies itself.
In an example, for last six months, the price of Steem in comparison to BTW was fluctuating approximately between 20,000 up to 40,000 (BTC) Satoshi for 1 STEEM, even at the times when in comparison to USD Steem had higher and more significant upward jumps.
Therefore, I think it's important to take into consideration, as first, from which currency you would buy Steem. Here is also important to know (what differs from one Exchange to another) in which currency pairs Steem is available to you. In total, Steem is available only in 8 different pairs (STEEM/BTC, STEEM/ETH, STEEM/TRY, STEEM/BNB, STEEM/KRW, STEEM/BITUSD, STEEM/BITCNY and STEEM/USD), but not all those pairs are available on all 8 exchanges. Some support only one of them the other 2, 3 or at most 4 pair combinations, but none of them all eight pairs.
So, when you determine what Steem currency pair your exchange supports, you should also check how many transactions are needed (if any) to convert your starting coin into Steem, as it might involve additional transaction costs (which fees also vary from exchange to exchange). For instance, if your starting coin is e.g. NEO, DOGE, Litecoin or any other not listed in above pairs you will first need to convert your starting coin into some coin which is in combination with Steem supported on your exchange. Only after that, you would be able to buy Steem. In such case, there would be two transactions involved which costs should be calculated.
However, before jumping to some conclusion we should think of all of that what takes a lot of research and calculation, to be able to make a really right decision. Many people neglect that part.
Never the less, the way how I see it (and it's not some financial or investment advice) the only true profitability I can see just for buying Steem from USD, and only if we are already holding USD. In that case, and even if have to convert those USDs in some other crypto coin to be able to buy Steem this might be profitable in the longer run. But if we hold any other crypto coin (and without previously done above described detailed analyze), it seems to me, it wouldn't be such a big difference if we buy Steem now or in 3 months when its price would very likely be higher (in USD), as the difference between currencies itself wouldn't be that significant.
That's how I see it!
Thank you very much for such a detailed response. It really shows your commitment to this platform too. I use coinspot - the aussie exchange. I've got Byteballs and BTG. Can you believe my luck. Bought both of them at very high rates in January. All the profits I made from Ripple and other coins were moved to these two ultimately. I've pretty much lost most of it now in the current meltdown. However, I'm not too unhappy because I've discovered Steemit along this journey and I'm super pleased to meet people like you. This is something money can't buy and I think it's worthwhile investing one's time here.
This is my response to @jerrybanfield's anxiety.
https://steemit.com/steemit/@sidsun/jerry-don-t-worry-money-and-votes-can-t-govern-us
I saw your post on the Aussie steemit facebook group. Im glad you posted there.
Anyway, long story shot...Coinspot is an expensive exchange, but very easy to buy coins and you can trade between almost all coins listed there. You can even cash out. Are you based here? Don't want to tell you something you already know...hahah..Thank you once again. I'm following u now...