Not to be negative; but, STEEM on so many levels is defunct. Many of the exchanges which support this asset are non-functioning, in maintenance mode for weeks. That's not anything one can build an investment portfolio with.
People with wealth don't invest in things that aren't showing any potential for thriving.
I have to admit it was a bit befuddling to hear one of the main, ahem, promoters of STEEM, tout the future of BTC in a recent post; while succinctly, though briefly, explain why Steemit is 'failing' (my interpretive word). I won't name names; but, I will say, it speaks volumes to what those behind the scenes must be 'thinking'. Btw, I think that post was deleted.
Peace.