Thanks for the heads up about SteemQ. This is the first I've heard of that project; will have to go read up on it now.

When dealing with cryptocurrencies, taking the long view is definitely the way to go unless you are a savvy trader and can spend hours everyday analyzing charts. Which I'm definitely not. When deciding whether to invest in Steem Power or Bitcoin, one has to answer this question: do you think it would be easier for Bitcoin to double in value, or Steem? That's a no-brainer for me, I can see Steem going to 40 cents a lot faster than Bitcoin going to $1500.

It's hard to say if Steem price has found a floor or not... there are more positive signs now than negative signs, I will give it that. And the upcoming hard fork is great news for the long term value of the currency, although it's hard to predict the effect in the short term. For now I think a cost averaging strategy, employing small buys every week or so, remains the best way to build up a good position for yourself and ensure that your average price is somewhere close to the eventual bottom. You already want to be well positioned by the time Steem value has risen back up to 50 cents or a dollar.