Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19 mark so until I see either of those hit I really don't see a point in recommending a buy to anyone who hasn't already been buying it all the way down until this point. At least anyone looking to actually make money within the typical frame of next week or next month, or next quarter, or even next year.
Monero went from $6.50 to a quarter in first year when yearly mining emission was 100%. So at the bottom in one year emission doubled. Before that was even higher. Now yearly mining emission is 3.4% and that would take 30 years to double, but since it keep decrease will take more then a century.