There's a silver lining to SBD dropping right now my friend, and maybe the red on the streets is making us forget. It's still worth 1USD of STEEM.
I decided to take a little risk, killed an alt bag that has been moving sideways for a while now and buy some SBDS. I'm left with two choices.
To hold it and wait for it to return to peg, a very simple move with a limited upside.
convert against the STEEM blockchain and get some nice profits. Granted this is riskier.
The downside is that STEEM could drop lower, and the haircut rule could apply, and thus I would have technically lost some money in the conversion. But, I'm not too worried since I intend to keep on being active and make my tokens work anyways.
Not financial advice, but hey... Not a bad move.
MenO
