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RE: NEVER EVER USE THE "CONVERT TO STEEM" BUTTON! ALWAYS ALWAYS GO ON THE INTERNAL MARKET
Dear @justinmora, I'm very new to Steemit, just registered 2 weeks ago. I was thinking about exchanging SBD to BTC when BTC prices are low, but could you please tell me what is the difference between buying Steem or Steem Dollar when BTC goes up? Why is buying Steem better than buying Steem Dollar?
Thank you very much for your reply in advance :)
Let's go by parts in function of my current knowledge: You buy Steem to Power Up, so you can get more steem and SBD.
If you buy BTC with SBD when BTC prices are down, then you can latter get more Steem when prices of BTC are up. The more steem you power up, the more potential to improve your cash flow of Steem and SBD you will have.
Thank you so much for your explanation :) That's very kind of you!