I am not sure I would expect it to go down quite as low as $1. If you think about it, the last time it was a $1 was in the 2nd quarter of last year and if you look at all the coins, none of them have gone down that much. Steem had a big rally end of last year and generally when a coin sees such rally it doesn't just happen once. I think now is a great time to buy (Obviously this is just my personal opinion and not financial / investment advice).