From last one month I had not been converting my SBD because the conversion rate had gone down more then 40% to what it used to be. I was hopeful that there would be a surge again and I would wait for the right time. A month back the conversion was almost 1 SBD = 12 to 13 Steem, and then it went down to 1 SBD = 8 to 9 Steem. I was waiting for it somewhere to get at 1 SBD = 10 to 11 Steem. And finally yesterday there were brief moments when SBD surged up and it gave a 1 SBD = 10 Steem value. I was lucky to check the price at the same time and without missing any time I converted.
on 1 SBD it may look 1 steem, not much of difference but when you have accumulated SBD it makes a good difference. I had 66 SBD, so at 8.5 conversion ration I was getting 560 and with 10 I got 660, that is a 100 Steem difference and a big value. If I would had been impatient then I would have lost by 100 Steem.
I know the SBD conversion rate can get better in future and may give more returns but then this was my set target so I converted and powered up 100% Last month I needed some cash so I had powered down 2k SP when the price was moving up. I thought I would remove at .50$ but then the price crashed before I could remove, so I powered up that 2K again. Because it does not look like the market is going to rise so soon in the near future.
Feeling happy looking at my SP grow.
My next target is achieving 60K SP and I am working hard for it.
Thank you for visiting my blog. 👼🏻👼🏻💖💖🌹🌺🌸
Congratulations my dear and respected friend
Power up is absolutely brilliant
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@ nainaztengra You'll surely achieve your target........
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