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RE: Take the "Steem Dollar" Challenge! I Dare You! Ha!
Better sell your SBD on exchange and get 3x amount of dollars for them (at current prices). By doing the way you described above, you will get 1 dollar worth of Steem after 3.5 days. This is clearly not a good choice right now.
That was the challenge. The following day was Challenge 2. Also, many disagree that SBD are burned on conversion. Anyway, trading can be very delicate. The best resolution in my opinion is to buy STEEM with $SBD and then trade the STEEM for whatever crypto you want. I just bout 473 Steem for $69 SBD. The Steem is trading now at $1.85 US. You do the math. I'm not advising. I'm not a professional financial advisor. Just relating to you an anomaly I uncovered re $SBD.