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RE: Thinking of Steem as an Investment! #7
I think investing in Steem is a great idea right now! I have about 2.4k SP delegated to me right now, which is worth around 14-15k USD. My votes are worth about 1 USD each, which due to the weird peg of SBD is worth around 4 USD each.
If I self vote 10 times a day, I earn about 40 dollars, which is around 0.27%. If you compound that daily for a year, that's 156% return per year, assuming the price of Steem doesn't go up! This is why I think Steem is a great investment!
If i wasn't 100% all in on COSS, I'd definitely be spending more on Steem!!
How didn't get your Steem power delegated to you?
Im definately looking to get started in steem
Great strategy...!!
yeah i think thats a good way! also very good that you are not 100% invested in steem.
To go all in is in my opinion not a strategy, it is hope.
Im only since a few days on steemit, but im going to reinvest my earning in steem power too. But i also think about the idea to pay me out just a little bit, to reinvest that money into other cryptocurrencies. The goal behind that is to build up a good diversified crypto-portfolio, just out the earnings on steem.
What do you guys thing about that?
and thank you @jerrybanfield for your great input!
Keep going, you doing a great job!!
Greetings your @futurethinking :)
@futurethinking thank you very much for your upvote and comment. I am glad the post is useful for you.
I appreciate you also making your first witness vote for me at https://steemit.com/~witnesses because your witness vote helps indefinitely to fund projects growing Steem via @budgets!
@jerrybanfield ofc i voted for you! I also follow you on Youtube and steem! You doing such a great job. I see how much work you put in those posts and videos and thats what i want to appreciate!!
Yes nearly every post of you is usefull! :D
Greetings your @futurethinking
Hi
I used to follow you in YouTube and I succeed to sign up and I need just for you to promote my account as I start working hardly as advised. I realize that you are really great and I need your experience so I can also act better. Thanks and see you.