This is an excellent post @lukestokes!
We had the idea that we were gonna HODL things out this bear market, but when bitcoin looked like it was going to go below$6,500 - $6,000 we sold into True USD. So in only a matter of weeks we can almost buy back twice as much if this keeps up which is highly enticing. We have a lot of love for and STEEM but we are powering down to buy back even more because the price is practically in free-fall despite the bit of resistance it has gotten. In the end it’s kind of a beautiful thing that with a bit of sleight of hand you can end up with more than what you had. When prices are volatile like this it is best to think in # of coins and at this point, every weekly powerdown is ending up with an opportune time to buy back in and end up with more coins. After all the smoke settles and we buy back into BTC, part of me wants to scatter all our BTC into 0.001 paper wallets all over the house so that it’s just on HODL forever
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Interesting strategy! Maybe a fat stack of paper wallets with too little of value to mess with right now in a fireproof safe....Hahhah Problem is you would get chewed up in fees if you tried 0.001 BTC. Maybe Nano Paper wallets each worth 1 Nano right now. I would say EOS or STEEM but it sort of cost to create accounts.
Once again sorry about the NuBits thing. It busted my ass too and at the time it seemed like a better option than Tether because it appeared that would break the peg at some point which it did but not too terrible. BitUSD is an issue because you have to keep buying BitShares as collateral if the price goes down and SBD has had a hard time keeping the peg. Hopefully TrueUSD can hold up.