Why leasing STEEMPOWER is profitable despite a possibly negative ROI… V2
This is a repost for all those new accounts.
I can tell you from my personal experience that leasing STEEMPOWER is the best thing you can do when you are new here...
I myself am very new here as today is only day 124 that this account exists... And I have been leasing STEEMPOWER from day 12 on, continuously growing and also growing the amount of STEEMPOWER leased.
Some people have done the math and I don't argue with them, because I cannot prove them wrong.
They say Steem leasing has a negative ROI, which I don't agree with from my personal experience. I've experienced faster growth, more upvotes and so on and so forth. It has never failed me. And I will continue to lease more and more SP as long as minnowbooster or a similar service exists...
If you have more STEEMPOWER you have so many advantages that just outweigh the supposedly negative ROI (don't just look at the math behind it).
From leasing STEEMPOWER you will get:
- more rewards through curation (pls check out a post on how to do it right, because most people do it wrong)
- more visibility in the hot tab
- more people following you if you upvote their content/comments with big upvotes
- thankful and recurring followers who constantly upvote your content (this one point alone makes it profitable)
- more followers due to higher upvoted content
- more power to upvote good content, that you like
- more power to give back to your most valueable contributors and friends
- you can push your own rep with bigger selfupvotes of your posts
- you can flag scammers better with a higher amount of SP
If you are just a curator with no own content I agree that it might not be profitable, but if you are a blogger with a solid following it will catapult you to new levels. It is reaping what you sowed. I love it and I will continue to lease more STEEMPOWER every month.
My account might grow a bit slower doing this, but in the long run it will pay out tenfold. I am in it for the long run. I see STEEM at 6 $ in 2018 easily. So I don't have my focus on making as much STEEM as possible in the shortest time possible.
I would rather have now just a few coins and later huge amounts of coins when STEEM is more valuable than it is now.
And with the price of STEEM increasing, the voting power of your contributors rises also. It's a classic WIN-WIN situation.
.png)
If you think this to be useful information:
Tell me what you think...
Have a nice day :-)
I think you're right, although I dont lease SP myself...
I rather buy some cheap Steem, any thoughts on how long we have to wait for the 0.0001400 BTC?
thanks!
An update on steem will follow soon... Can't exactly say when.
Very good information in this post, im gonna talk with you on steemit.chat about it if you have some spare time
Thanks for sharing
Yes we will soon ;-)
Let me know when i can talk with you there
usually when I made a new post, but today is not a good time
ok reply me when you get online, thanks
Nice, I was thinking about leasing SP.
Leasing SP is a great way to grow. I am digging into it too.
I never really though about these other benefits of leasing steam. I will have to check it out and maybe I will lease some myself.
Thanks for sharing!
can you do another chart analysis of STEEM?
Done ;-)
Thanks for explaining this so well.
I'm quite new to Steemit in general, and knew it had to be more to leasing SP than it looks like.
I came to Steemit because I needed a place to publish the things I write, instead of coming here because it's possible to make money.
I want to write a lot of great, helpful content going forward, so it would make a lot of sense for me to lease SP. If you create great, popular content. And you have upvoted it yourself when posting, you will get more curation rewards and rank better in the charts - right?
Because I tend to promote my articles because I want more people to read them anyways. So this would be a more effective ay of doing that. Brilliant.
img credz: pixabay.com
Nice, you got a 8.0% @minnowbooster upgoat, thanks to @ew-and-patterns
Want a boost? Minnowbooster's got your back!
img credz: pixabay.com
Nice, you got a 69.0% @manishmike10 upgoat, thanks to @reggaemuffin
Want a boost? Minnowbooster's got your back!
The @OriginalWorks bot has determined this post by @ew-and-patterns to be original material and upvoted it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
For more information, Click Here!
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!
img credz: pixabay.com
Nice, you got a 73.0% @welcomebot upgoat, thanks to @reggaemuffin
Want a boost? Minnowbooster's got your back!