No, that is backwards. When SBD is over $1 you want SBD because it is worth more and you get the same amount despite it being worth more (the price of SBD has no influence on how much you receive). When SBD is under $1 you don't want it, take the 100% SP instead (keeping in mind that you won't have access to the rewards in the latter case until you power down).
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Like I should be 100% now... Thanks!