Does seem like we're heading pretty conclusively down. A lot of the technical "experts" seem to think we still have to reach a place where the prices aren't just collapsing, but trading volume also goes super high... suggesting everybody is cashing out. But, as you say, it's not easy to time a bottom.
Bright Blessings!
1 year from now all this will be a hazy memory. I'd be quite surprised if the bear didn't end sometime next year, or as early as late this year (who can really tell?)
But what about 5 years from now? 10 years? It all hinges on whether or not the coin is developed, and how it's developed, and whether it's used, and how much. STEEM remains one of the most-used cryptos, which in my view sets it apart from the seemingly endless sea of crapcoins on Coinmarketcap.
Crypto investing is an unequal opportunity: because you stand to lose, but if you choose your coin wisely what you stand to gain GREATLY exceeds that.