WOW!
I cant believe what I just did! The internet is a wonderful thing.
I read an article from called :
URGENT UPDATE: DON'T USE VOTE BOTS AS OF RIGHT NOW!
I am SO GLAD I read it - in the article, he exposes the fact right now each SBD is worth $10 and advises us to exchange it for sweet sweet bitcoin to get a 10x profit from it.
Say what?!!
It's true though - I checked out Bittrex and sure enough - they were trading at $10.52 each. I immediately looked up an article about how to transfer your Steem Dollars to Bittrext and found THIS very informative step-by-step article by :
How to send Steem Dollars from Steemit to Bittrex exchange
I had already got signed up on Bittrex before but was not verified yet so it did not allow me to transfer anything. After I took the steps of sending in my ID as well as a photo of myself, I was approved.
Within minutes I was following the detailed instructions provided by and very shortly, I had 6 SBD in my account worth $62.20. I then converted that to Bitcoin and by the time the transaction competed, I was $62.45 richer in Bitcoin!
I don't know how long it will last at this price, but I am going to keep transfering my Steem to Bitcoin. This was just a test - next time I will send the SBD back to Steemit to build up more Steem power.
Thank you to for the great advice and to
for the simple lesson on how to transfer my newfound riches.
Please be sure to check out my others articles on real estate, investing , and cryptocurrency ( and some other random dog stuff)