I'm starting to wish I'd gone a little heavier into EOS when it was around $0.50 to 0.60. I've got some but I hold a good bit more STEEM than I do EOS. Seems like a lot of people are starting to question the viability of Steemit especially since the price has suffered so badly.

Bitshares and EOS were struggling up until very recently and they just kind of spiked out of nowhere. I'm thinking the same probably will happen with STEEM at some point but it's going to take some changes to the way the steem ecosystem works and is set up.

@stellabelle posted a similar question as you did today and it really made me think that there are going to have to be some changes for Steemit and STEEM to succeed in the long term. I still have faith it will go back up in value. It's still way above where it has been relative to the dollar and the chart of STEEM vs dollar looks a lot less scary than STEEM vs BTC. Kinda hard to decide which one to put more emphasis on.

Since I spend dollars on pretty much everything and I don't use cryptos for much except for investing right now I can say I put more weight into the STEEM value in dollars, which makes me sleep a little easier at night having my own money invested here.

You do pose a valid question and I'm sorry I don't have a better answer. Seems a lot of folks here are doing a lot of STEEM soul searching lately. It is a bit concerning...