Full disclosure I hold both Steem and Steem Dollars.
The goal of most alt coin holders is to gain more BTC . That is unlikely to happen with Steem or SBD until BTC has corrected course. I wouldnt be surprised to see Steem hit 1.25 or lower while BTC continues to slide.
If you are timing the market to buy Steem at a discount - we still have quite a bit of pressure to move downward - I wouldnt buy for anything less than 1.50 or more likely 1.25.
If your in the Steem and looking to make a move - you might want to get your position to cash and wait for the inevitable downturn - before the market goes bull again.
For those of you on the sidelines waiting to buy in - keep your eye on BTC before you buy - at this point I am going to lower my target to $1.50. I should hit the 1.75 region again and there is enough evidence to suggest a further drop.