I wonder if it would make more sense to just convert SBD into STEEM and power up immediately. The price of STEEM tends to follow the price of SBD and powering up helps you earn rewards on the platform. Earning rewards may become more difficult as the number of users increases.
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You are right. Only thing is that then you can not use your steem if you want to withdraw it immediately otherwise powering up is the best thing.
That way you are supporting the platform and other users and in return community supports you.