Was My Faulty Steem Conversion A Blessing In Disguise?

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Screenshot of Steemit Wallet 2.jpg

Two weeks ago I decided that all my steem was no longer useful to me and I wanted to buy Leo with it. I believe Leo was .29 at the time.

I wasn't sure how to do it but found swap app on someone's recommendation. I was kind of emotional about it because I've had steem forever but haven't been active since the civil war.

But I felt it was time to get rid of baggage and move forward with the braintrust behind LeoFinance. I was going to convert all my hive as well and support hive from a layer above.

Well, not quite sure what happened but 5,600 steem was refunded from the transaction and I didn't even know until today. I thought I was 100% out of steem and was even kind of bumbed as I saw the price go from $.15 to $20 since I sold.

I bought leo in chunks with my hive which I thought included 8300 converted steem so I don't really know how much of my holdings made it to leo but my intention was put all my steem/hive into Leo.

When Leo started to get to expensive I stopped converting. I figure there will be a pull back or I would continue after the snapshot.

My desire to convert my hive to Leo is still resolute but I was shocked to find out about my remaining steem. So I wonder what I should do with it. I am not diversified at all. I have a beggars amount of btc and the rest is steem/hive/leo.

I'm thrilled with my find and even if it had converted properly to hive for my Leo buys, I don't think I would have spent it all on Leo as the price went up. There simply wasn't enough liquid leo available when I was buy it. So, I don't feel like I missed out on more leo at that price.

So I'm wondering what to do with that steem during this market. I could buy most of 1 eth or do something else. Not sure hive makes sense for me. If there is nice correction in btc I could go there. But, I'm looking for some non-financial advise and wodering if this flubbed transaction and new realization that I still have 5600 steem is a blessing in disguise.

Posted Using LeoFinance Beta



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4 comments
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I've been using DLease to get a decent return on most of the Steem I have left. It earning while I'm waiting to decide what else to do with it.

Posted Using LeoFinance Beta

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that's a good idea. I just want to be away from steem lol. But the price will probably go up during this bull run. If I keep it, I want it liquid for sure. I would be surprised if steemit had a future.

Posted Using LeoFinance Beta

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I want it liquid for sure

It won't be liquid if you use Dlease. You have to delegate it so it has to be SP.

I would be surprised if steemit had a future.

Me too but the crypto world is an unpredictable place. Even if it did take off the community is gone and that was what kept me there in the past.

Posted Using LeoFinance Beta

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