So this post is to catalog my hopes and concerns about investing more, and to invite advise on whether I should.

First what happened my last investment, I, like many, first heard about Steemit when it shot up in price. When it passed around $1 I started learning about it and posting a bit, what excited me then and still now was the ease of use for a person that was not coming from a blockchain world. This was something that I could show and recommend to anyone, it's growth potential was as high as reddit in my expectation. Unfortunately due to the meteoric rise of STEEM by the time I pulled the trigger STEEM was $3-4, I felt the risk of buying in at the top of a bubble was offset that Steemit had more daily users that r/bitcoin, a blockchain application being used by the masses. I went in eyes open this $1,000 would be worth $10,000's or 0, so I rolled the dice.

So while that first investment was a bad one, doesn't mean I should never invest again, going to make a pro's and con's list, and would love some feed back.

Pro's

Steemit has continued to improve the site and the user interface, making it a better site than 6 months ago

It continues to be used by, and be accessible by, non blockchain people. This is a big one for me, your blockchain can be as useful as you want but if my mother can't use it it will never be a world beater.

The STEEM price seems to of stablised, may be an indicator of a good time to buy even without the mentioned fundamentals.

I enjoy posting on Steemit and I want to have more power

I think more bubbles are likely, up to $6 down to $0.80 up to $10 down to $1.70 etc as long as each of these bubble bring more users this is a sustainable growth model

As i am posting this on Steemit your guys opinion is bias so this should be an easy request, give me a few more pro's here please.

Con's

It's still a risky investment, hopefully goes without saying but will put it here anyway.

Secondary interaction (comments) are lacking, there is a worrying lack of follow up discussion on posts. Comments so rarely get upvoted.

Wealth distribution, while there will always be haves and have nots the current case of 10% of users owing 99% of the value of the network is not healthy.

Traffic to Steemit as measusered by Alexa is not looking too good, in saying that considering the fall in value, not looking that bad, maybe this one should be in pro, hmm not sure.

bots, have a look at the posts in hot, most posts have twice the votes as the views they have.

A more difficult request this time, add a few con's to my list and let's discuss them.

Conclusion

I am currently moving some eth and btc to polo and preparing to buy ~ $1,000, you got about a day to talk me into buying more or less. As before I am fully prepared to lose it all.