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I converted some to steem direct through the wallet. Look, you get around 6.5 (that's what I was getting few hours ago) steem for every SBD. And steem is close to 2$. You get over 10$ for one SBD, I couldn't pass on this. :-)

That's hard to say, the current events unfold exactly the opposite of how Steems growth was intended.

Which makes it extra hard to predict what a good strategy will be for the near future.

I understand that SBD way above Steem price is not good long term for the Steemit. Or so I was told. But I'm too green to understand enough on this subject. So what I did, may not be the best. Although, short term i'm happy with it ;-)