To my fellow Steemians...
I'm a 1 month old Steemian, and i'm loving this community
I wasted no time to go ahead with my first post, and after 5 minutes...
$0.01 | ^ 2 |
I was blown out of my mind by how smart Steem "as a coin" is being based on the idea of Steemit
And for me personally i'm not a blogger
I intend to purchase Steem coins worth approximately $1000
Power them goodies up -----> 50,000 SP
Rent them with Minnowbooster --------> http://www.minnowbooster.net/market
With the current options on the market:
If i rent them to user "arturomdg" He pays me 100 Steem in 4 weeks!!
So i earn on my Steem Power more Steem and hold them
Stack them and hold them for 3 years.
One of 2 things will happen:
Governments across the world crack down on cryptos, Bitcoin crumbles, Alternatives follow. I lose 1 grand and my hundreds of steem coins collected are worth potatoes
The world embraces the rise of cryptocurrency and more and more people adopt it as a method of payment/investment. Steem being an amazing platform will only bring more and more users to the community. Steem price will be at least around $100.
My $1000 will become $100,000
My earnings from renting Steem Power are approximately
1200 steem coins/First year "Assuming the price was still $1 for the first year"
That would leave me with more coins than my initial investment after only the first year
How is that even possible??
Assuming that the price of Steem increases after the first year and they no longer offer 100 steem/ 4 weeks rent.
Lets say it will drop to half in the second year and i'm only able to collect 600 Steem/Second year
And half of that for the third year and i'm only able to collect 300 Steem/Third year
1200 + 600 + 300 = 2100 Steem coins
Worth $210,000 after 3 years if the price of Steem goes up to $100
Total of $310,000 after an investment of $1000 in 3 years.
Thank you for reading
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