I already have similar experience before. I predicted $20 LTC to my wife (@theia7) in 2013 when it was below $2. I was addicted crypto-trading and I lost most of my 2000 LTC (mostly mined and bought) when it hit $48 (i.e. I was a noob trader). I had only 160 LTC left at $48, even did not sell.

Later, I made 2000 LTC again and but LTC hit $1.1 from peak of $48, I lost them again in aggressive trading. I did not lose them in day-trading like before but 20X margin trading in OKcoin. We all know what happened to LTC three years later: $378 per LTC.

If history is any lesson, then Steem has bright future. I feel more bullish about Steem that I felt about LTC back in 2013 and 2015. Market is too irrational in cryptocurrency, it swings two ways in big ways. Nobody thought Steem would reach $8.5 or SBD $20. Yes, it reached. Nobody thought about Steem will crashed down to 20 cents twice, now it has.

Similarly, in the next altcoin bull run, nobody is thinking that Steem can overcome ATH since it is sounds irrational NOW. But that's how the market works. Emotions and irrationality are bigger in both ways.

However, here is a therapy what will happen even Steem reaches mere 1 cent ever!