Stop using the convert to Steem function!!!

in #steem8 years ago (edited)

Just stop it! It's the second time I make this kind of post, but people just don't understand. You're not making anyone a favor using the convert to Steem function, no actually you're hurting yourself, Steem and all the users. Here's why:

NOTE: This post only applies if SBD price is higher than 1$.


Using Convert to Steem will give you 1$ worth of Steem and not the 14$ you would get when selling. And it will reduce the SBD supply, thus driving the SBD price even higher.

What you actually need to do is sell your SBD. You can use the internal Steem market for this, But it is better if you use external exchanges for example Bittrex. Thus you will increase the demand for Steem and so exposing Steem to the world.


I hope this article has helped you, if you have any questions feel free to ask them.


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I used to make the mistake of making my posts 100% steem power rewards. Big mistake. It's much better to get that SBD and capitalize on the high price of SBD. I used to also convert my LTC into Steem to put in my Steem Power. It's much better to convert into SBD. SBD is just so much better. :D

Yeah 100% power up using is making you lose much money it's as important as the problem I described here.

SBD is pretty cool, I agree.

@okean123
To be honest I am still a bit unsure what is best to maximise profits, also to promote @steem at the same time.

I do believe in this platform and realise the value and it's place in pour world. I love @steem and what it is doing to help ordinary people get heard and earn an income directly proportionate to their content worth.

stay blessed.

Thank you. You can just ask anyone here if you have any questions, you know the community, we will help you.

thanks, have an awesome day.

Saya sangat suka steem sbd saya naik terus, saya harab anak sukai saya dan ikuti saya, karena saya sangat mengharab kan nilai vote dari anda 100%, terimakasih.

I haven't done a lot of steem conversions but am glad to know this info.

Just remember this when you have a high SBD price.

People sometimes don't understand what they are doing, if someone famous will tell them do it they will, this is the problem.

Yes it is really hard to reach a big amount of people if you aren't famous.