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RE: A guide to investing STEEM - points to consider
Many truths but also a bit negative, a good and functioning product can also have an impact on the price especially in the long run, even if it's mainly speculation. Fundamentals matter in the long run. Compared to many other altcoins I think that Steem has a real use-case (social media on a blockchain) and even a DApp ecosystem. So it is possible to see another bull run, but as you said it is surely a high risk investment.
When/if there's an altcoin bull run, there's no reason to believe STEEM won't see its fair share of pumps. My point here is more that when/if it happens, don't make the mistake of thinking it's permanent, and take your profits while they last.
That's very true, exciting to see what happens in the future :)