Recently you have probably noticed the price of steem dropping. If you're looking at your estimated account value, you might have noticed it's going down. (e.g. A month ago my estimated account value was $2300, now it's $1150).
However, if you are new to Steem, you probably don't know that prior to the recent drop, the value of steem went up by 20 times in the space of about two weeks.
Graph showing value of Steem in US dollars for the last 3 months:
Source: https://www.worldcoinindex.com/coin/steem
So that means that, in comparison to a month and a half ago, the value of steem has still went up by many times.
Is it a good time to convert steem dollar to steem power?
Depends on what happens in the future. If the value of steem goes back up to its highest point or even higher, now would be the perfect time to convert.
But who knows what will happen? Unfortunately nobody does. Steem could go down further. You need to make your own decision on whether you want to take the risk.
Just something I thought I'd share my opinion on :)