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RE: Growing my account with leased STEEM Power

in #steempower5 years ago

I think what you should be looking at is this, in 4 weeks time did my SP grow above 35 SP. If it didn't then you are in a loss but if it did far more than that then you are in profit. I Lease SP a lot and it has helped me grow my account, grow followers that exchange upvotes with me and other added benefits that come with it. I think with a lot of people their experience with leasing wasn't profitable so they won't see any good in it. let me share some of my strategies:

  • I try to post daily.
  • I belong to a lot of communities for which I receive upvotes from for my post - @upvotebuilders (I run this by the way), SBI, Qurator, jjm and other Dapps.
  • I comment a lot and upvote the post for which I comment on that in return give me upvotes too.
  • I use a lot of Dapps and alternative Steem platforms (Actifit, Partiko, Busy, Steemcoinpan, AAA), I earn extras in points, tokens and extra upvotes, I can also exchange those tokens/points for upvotes or sell the token at Steem-Engine for more Steem.
  • I autoupvote a lot of post by regular members that have good returns for my upvote and it pays well via curation.
  • I use the services of Dustsweepers so that I don't loose any curation because of dust value
  • I power down part of my SP in a way that what I earn for the week is more than the value of the power down SP received. This ensures that I always have ther resources to extend my leased SP and that my account keeps growing week in week out.
  • I try to make my VP stay above 80% always, that way I my upvotes are always in the optimum range 80% to 100%.

Those some of the things I do and more am trying to remember to help me stay leasing and growing my SP.

I also do some delegation as the also bring in their own rewards. Cheers.

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Thanks! That's a lot of advise to help me make the most out of my SP lease. I'll be sure to try a lot of them over the next few days. I already do some of them even before the SP lease, but it will be interesting to see how different my experience will be, now that I have a higher SP.

I'm not sure I want to powerdown, though. I'll have to find a different way to fund my next SP lease, if I decide to continue once the month is up.

As to whether or not my SP lease is a success, I'll be comparing my SP growth as the main indicator of ROI. I'll probably compare a few other things, but you're right. At the end of the day, it's all about my owned SP.