As much as I love Steemit the platform, I feel the STEEM token isn't really the best for long term returns.
Let time convince you of the contrary. STEEM is one of very few coins with intrinsic value, because of the underlying ecosystem. Today 60,000 daily users depend on this ecosystem. Facebook has 1.4 million daily users with a net worth of 408B$... divided by 23.3, STEEM should have a net worth of 17B$ right now, but is only 1B$ even though it pays its users for posting, which FB does not do.
Exactly! Don't forget as the value of STEEM increases so do the rewards and returns on your posts. On top of that the ability to delegate and reward pools like @shadowbot can earn you a lot just as passive income.
STEEM has a massive future. Suppose it goes only as high as $20 but you make 1000 STEEM from the steemit platform in a year - thats a $20000 return + your original investment and however much that has increased in value should you decide to power down (which you probably should not!)
I haven't seen any crypto yet that is close to being as fundamentally useful as STEEM.
Totally agree youareyourowngod, plus how many more enter from Facebook more will require more coins Steem