Definitely a great strategy! Imho, anything under $5 for Steem is a BLOWOUT sale. With SMTs on their way, with the growing number of DApps built on the Steem Blockchain, and all of the improvements that the dev teams surrounding the blockchain are making, this should be a top-10 coin. It will be and I don't think it will take any longer than December of this year, so you should load up while you can! I used to be arrogant, trying to day trade, but most really don't understand just how much luck is involved a lot of the time. Buy and hold is a great strategy and an even better one with Steem Power, since you're incentivized to convert and vest your Steem, because you get a stronger vote, you're safer from hackers (because of the incremental release of funds), and you're making the community stronger by having steem power, thus making the price have greater potential. steem on everyone! If you can have 10,000 Steem, I'm confident you'll be a millionaire one day, so aim for that number! :)