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RE: Attention SBD Converters: Please Read - Important Information about SBD -> STEEM Conversions

in #sbd8 years ago

there was time when SBD was trading on 1,7 USD few days ago, now its not that far from usual 1 USD +/- 10%.
sure feeds need updating but there was better times to sell SBD for crazy profits ;)

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Indeed. Holding and hoping for another spike might not be a horrible idea either :) The main thing though is converting to STEEM via the wallet conversion is not a good idea at this time, because it will give you less than you would get from trading.

Oh nooo! I wish I had read this in time, I'm going to lose an arm on this conversion now:

:P

Also you shouldn't convert when the coinmarketcap price of SBD is over $1. That's a good time to sell instead.

SBD a few days ago it wasn't 1,7 USD, it was almost 7 USD! I'm not going to lie, but I sold 50 SBD for 250 USD! 5 times more!