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RE: Why You Should Not Trade on Exchanges - Buy/Sell Tips by Charlie Shrem
"How much am I willing to give up to try to help protect the price of Steem?" is a good question :)
... but this is more at the end a post for whales ;) ...I do not think fishes and dolphins have enough power to put in danger the price and for sure many need the extra bit-cents that you loose exchanging your SBD in Blocktrade right now.
Of course. I was offering the comments as I would see it through a whale's eyes. IMO, it's simply unwise to set aside potential gains. There is a point where it may be wise though, depending on how much they're dumping and what the market is doing at the moment. If I were a whale, I'd have to ask myself that question every time I sold. And I'd be very reluctant to sell through a service that was tapping me for more than 1%.