I think in the long run it is a really good investment and STEEM has a lot of potential, but under current conditions it's difficult to invest in it over BTC and ETH considering the huge gains they are enjoying.
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Well, one positive outlook about this could be that many buyers will see the recent spikes in those tokens and decide to look for something cheaper. And anyone taking profits might look for another good trade, which STEEM has proven to be lately.