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@intrepidsurfer
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Chin up mate, there will be a turn around in the crypto space soon enough.

I hear you about hesitating acquiring more Steem. Steem is obliviously a utility token/coin that one needs to operate on the blockchain. It is like we are building more infrastructure (roads, communications, power plants etc), but who are we building them for? For the people who are not participating in our ecosystem, you know the ones who don't know about us and will magically appear ;) There is massive over supply for the current usage pool.

I am writing a far more detailed post about this subject. We just need to look at our recent habits. You are hesitating to buy more Steem, cause you are struggling to see the value of doing so. With my Steem I am buying into other tribes and EMFOUR (pure utility there and isn't fogged up confused like Steem/Steemit). Tribes, the ones that succeed are installing sinks at a far quicker rater than Steemit. Splinterlands is deflationary etc etc. Steemit have to distinguish themselves from Steem. Ask anyone who knew about Steem and they say blogging site. One they expect to earn from, but usually don't (badly set expectations from Steemit) There is the confusion right there and they don't what it has become today: a mess in this regards, but one that can be cleaned up quite quickly.