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RE: My Week 1 SBD Conversion Results: 18.615 SBD | 7.446% ROI

in #steem8 years ago

Interesting. It seems VESTS are returning around 4.5% per week in Steem Power also, which is another potential way to look at this equation. If you're in it for the long haul, selling on the market and powering up might make the most sense. As for this being a good return on investment, isn't that just a matter of when you sell on the market? If the price had gone the other way over those 7 days, you could have lost money too, right?

I worked on a post tonight which I'm excited to share tomorrow. I wrote a script to analyze the monies flowing around Steemit. I'll be sure to run it by you @bacchist :) :) :)

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@lukestokes Exciting, I love data extrapolations. Bookmarked with activity monitor your profile to read it the second it posts :)

If it had gone the other way, I would have lost money, but it would have had to go down rather sharply. The way the market has been undervaluing SBD, there is a 10-20% cushion.

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