Consider using SBD instead of STEEM because it's more stable. It's supposed to be worth 1$ and can in most cases, except the extreme ones like ones we are seeing nowadays. SBD can be converted to Steem at a price of 1$ through a blockchain conversion independently of its price on the crypto markets. So, while it was .80c or less outside, we were exchanging it through the blockchain for STEEM at a price of roughly 1$.

Thus, making around 5-10% profit per conversion until the haircut rule kicked in and annihilated our profits.

So in most cases, while the whole crypto market isn't being shit on, SBD is going to be worth at around 1$. It could go up, like it did before to 15$, but it won't go down much, or at least not as much as other cryptos. Except Tether and some other stablecoins.