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RE: Help!!! How to convert STEEM POWER to SBD without losing my shirt?!?
You are missing that SBD are worth more per coin currently then Steem.
SBD = $3.90
Steem = $3.47
Now those prices are averages among different exchanges, but close enough for this.
4.9 Steem = $17
4.5 SBD = $17.55
I won't say don't power down, but just make sure you are doing it for the right reasons. Grow your account and keep doing so. Long term you will be much better off IMO.
ok, thanks @thedarkhorse - for some reason I had the idea that 1 SBD roughly equals 1 US$ - that changes the picture when SBD isn't roughly pegged to the USD.
I learned something new today - thanks again @thedarkhorse, much appreciated!
SBD is "pegged to $1" if it goes to low you can convert to Steem based on a $1 value. It isn't pegged the other direction though.