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RE: Re-investing SBD into Steem Power? Consider skipping the Internal Market for the Exchanges.

in #steem-help8 years ago (edited)

You are right. However, like I mentioned, 3 hours ago the gap was huge! Even if I go for the Asks prices which means this whole go-around can be completed in a few months, I would have stood to gain 20% accounting for fees and headache. That's a significant amount. At this moment, it's true, it doesn't make much sense.

But that's the thing - keep an eye out. If you see STEEM crashing on the exchanges, it's a good time to buy up STEEM that way, as the Internal Market often takes hours and days to catch up.

Vice versa is also true - if STEEM soars, the Internal Market could be the better option. I remember when STEEM went past $4, the Internal Market was still trading at $3. That's an enormous differential.

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yeah. and as always.

www.steemprices.com is a good aggregator. I use it daily.