It's important to consider what SBD is supposed to do - in a perfect world, SBD should stay at $1 almost all the time. It's designed to be a "stable peg" - so if a business wants to sell T-shirts and Steem is fluctuating, they can charge SBD instead to get the right price.
After Hard Fork 19, it appears that the Steem ecosystem is course correcting itself to bring SBD down to "proper" levels. Of course none of us who are holding SBD want to see it go down, but it is good in some ways for Steem as a whole.
I can't say if it will go back up or not - but personally, I would be more inclined to invest in Steem - transferring my current SBDs into just normal Steem - if my goal was to invest and watch my money grow.
Oh, that's a great suggestion and I really appreciate you for it. As I was more indulged into SBDs, I never thought of converting them into STEEM or steem power. Well, I've not actually watched the fluctuations of STEEM, but is it profitable to convert SBD into STEEM right now?