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RE: Managing Expectations when trading SBD for STEEM
thanks @shawnfishbit for the kind words. Sorry to hear you also bought a chunk just before the break down. I'm glad, however, that you found some solace in what I wrote. Happens to all of us at some point or another, and if it hasn't happened yet, you probably really haven't been trading for all that long!
BTW, I also added an extra tidbit you may find interesting as well (just above the "FINALLY..." segment), regarding the current valuations of FaceBook and SNAP.
just wanted to add this link for everyone who see this post, as @knircky wrote an excellent article that goes much deeper than my short bit towards the end of this post. He compares the valuations of STEEMIT, Facebook, twitter, etc versus active monthly users:
And remember, STEEM / SP holders collectively own the platform in this case. If STEEMIT can achieve just a small fraction of these valuations... well, here's the link for you all to evaluate for yourselves:
Link: The value of Steem and its users: 1 Steem user = 10 Facebook users!