I am going to show your post to my friend!
he keeps calculating steem to usd, while I keep saying; don't check how much dollar your steem is worth just focus on gettin more steem, because if you keep relating it to usd/euro you will get discouraged from steem after a big drop and you might stop alltogether after a while.
steem has had multiple free falls, but every time steem fell down it allways got back up, so the 40 cents per steem now will not be 40 cents when you decide to invest it elsewhere in a few years.