Listen everyone, Steem is at $1.00 right now and it doesn't matter; don't be afraid. It may have even dropped below it today (I haven't been watching the exchanges today). Imho, this is the time to buy and, if it gets lower, it is an even better time to buy. Unless this drops below 25 cents before correcting, I think it is a great time to accumulate more. If you buy today and increase your steem power, you will, in turn, be able to accumulate more steem once it rises again, and if it becomes $5.00ish again, you will have quintupled your investment.
Steemit has shown that it isn't going anywhere soon, thanks to the massively loyal and engaged following, along with companies that are forming as complements to Steemit (DTube, steemvoter.com, gainingsteem.com, steemd.com, steemwhales.com, etc.). Steem is the most utilized blockchain technology for a reason; people love it and they want to engage in a social media platform that will actually reward them, rather than taking home all the rewards themselves. Steemit is a great place and even the minnow can earn some Steem for making meaningful contributions to the site.
An often harped upon point is that we are still in the 'beta' stage of the site, but that is because it is a VERY important point. We are at the ground floor of a social media platform that may be the beginning of a new age of social media. Imagine being at the beginning of YouTube and Facebook and understanding that you are a part of something huge. I believe and so do many others that Steemit.com is the next generation of social media and we are all excited to be reaping the rewards of adopting it early. So, it doesn't matter if it drops below $1.00; that just says to me that we are fortunately going to get some more Steem at a discount and that investment is going to grow. Keep buying steem, keep steeming, and keep helping to make the cryptocurrency community and the Steemit community a welcoming, beautiful place! :)
AS ALWAYS, WISHES OF WEALTH AND HEALTH FOR ALL! :)