Isn't it more important to watch the total market cap rather than the price of STEEM itself? The amount of steem will inflate 100% per year but 90% of it goes to holders of SP. This means the price of STEEM tokens will constantly be tanking, but your total holdings will only be diluted 10% per year as long as you have all your funds in SP. However what matters is that the total market cap of STEEM grows by at least 10% a year to break even if you are investing.
RE: Don't be afraid of low Steem Prices . Look at the Chart! Upgrade Steempower makes sense when Steemprice is dropping.