you'd be be wise to convert it to Bitcoin if you want to save it
Or convert to SBD.
The fact is there are reasons to invest in Steem. For instance one major (shit posting) account in particular invested tens of thousands of dollars when the price was low.
It then created a huge volume of (shit) posts and self voted all of them. That account is now a millionaire...
I don't think Steem is dying per se, simply because of the fact stated above. There will always be people who swoop in to take advantages of low prices which will eventually push them back up.
For instance I saw the price go down to $0.10 in late 2016/early 2017 (can't remember exactly when) and as it was crashing I cashed out all my Steem thinking that it was dying.
That was such a massive mistake, not only did I sell at the lowest possible. But the amount I would have been able to buy would have made me very rich indeed.
My guess is that it will slide to around the $0.50 mark, then loads of whales and would-be whales will start buying and powering up. Then we'll see a price rise.
I think this yo-yoing will continue for some time to come...
Of course this is just a speculative guess and I could be wrong, and you right! :-)