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RE: Are you a Steem 1 percenter? Do you know who is?
I am in the same boat . However I will wait and hold. I will not take anything out so I don't think there is anything wrong with that . when the ratio hits 1-1 then power up and with all the saved SBD hopefully will be a nice power up
I used to be a waiter, but then I was kind of schooled/educated by a bigger steemian, he did not care about the ratio, he got SBD, he powered it up. I do the same now, and view it as the, (I guess) old school method of dollar cost averaging. The more SP, the more curation reward, the more vote power, the more potential earnings. But then again, I do not know very much at all about cryptocurrencies, and how they really work.
The only way to grow and have an impact here is to power up or have money to buy in . As ones SP grows so does the earning potential and help others to make this a great platform .
I have only been involved in this for a couple months so I spend a lot of time catching up on knowledge . I missed the boat years ago when I could not get any help in investing with the little I had . That little would have changed my life . lesson learned .
Like taraskp said, there are a few times that SBD bought a lot of steem, and thee are times like now when it does not. And like everitt told me, if you want to make money on steem, you need to have SP to vote, the more the better. Right now you SBD might only buy you say 2 steem, in a month it might still only buy you two steem, or it might buy you 5 steem, not even god knows how much it will buy then. But during that month that 2 steem is working for you, not sitting idle earning nothing, growing nothing. If you are going to hold it, I don't know how often they pay interest in the saving account part but maybe look into that, Of course if you need funds right away, I think it takes 3 days to with draw from your savings account.
I'll wait for another month and hope that maybe we'll see a better exchange rate before that.
(Sorry for an incredible amount of typos and grammatical errors in my original comment. Forgot to edit them before posting)
I am sitting here hoping too .
I can see you have never seen any of my post ROFL your good !