As much as I love Steemit the platform, I feel the STEEM token isn't really the best for long term returns. Just my personal opinion, but with such a large supply, I don't see it in 1-2 years, even assuming Steemit the platform continues to do well, producing consistent returns. That said, it can be nice for medium term holding and trading, like buying the dips and selling at the next big wave, etc.

The reason I hold a bit of STEEM, is just to use here, and I would guess most of us are doing the same? If you're holding STEEM (or more likely Steem Power) to maximize your impact here, then it's a completely different ball game :)