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RE: Why I Sold 174 Steem to Buy 232 Steem Dollars
I guess there are 2 sides to this. If the cycle continues it's good for you flipping the interchangeable currencies within Steemit, however it would be nice to see it stabilize and grow at a slow and steady rate ;-)
PS: I did trade my SBD for STEEM back when you posted about them being close to even - thank you for that head's up post.
There are two sides indeed and I did say that it is a risky bargain that I am have decided to undergo. November is a month of confusion and market may crash again leading to the new bitcoin fork issue. If not earlier, then November may be the month the plan materializes. While SBD is pegged to remain close to $1, Steem may go even lower in the $0.80's like it did in July. I hope to make it work.
Most welcome and so happy that you have 30-40 % money right now than you otherwise might have had by keeping SBD.
Yep - I do appreciate your posts on trading.
I have been following along with the price of STEEM since your post - seems to be settling nicely again for your return trade. That's great.