Hi! I am still new and learning about Steem and SBD. I read in the post that you are "throwing money away" when it's at a premium and noticed that your article is from 9 months ago and that the prices have changed. Your post shows .30 and my screen says 1.14 today. Does that mean its even more advantageous to do it now through the market, or the other way around?
Also I want to make a bigger purchase with USD. Do you have any suggestions for me?
Thank you!!!
If you're trying to purchase with FIAT, your best bet is to be patient and wait for a bit of a sell-off in STEEM, shop around the various exchanges, and see where you can find the best "bang for your buck". You really don't need to worry about SBD at that point.
SBD is usually acquired on 50/50 post payouts. And when you receive SBD, you definitely don't want to use the "conversion" feature while it's trading for over $1 USD. However, I don't think it's really that much of an issue anymore anyway, as STEEMIT has actually removed that feature from the platform (at least for the time being).