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RE: Friend Just Asked Me: "What Kind of ROI is Possible if I Put 100K into STEEM?"
He could delegate (lease) it out to other users. I think I'm getting around 25% per year in STEEM terms.
He could delegate (lease) it out to other users. I think I'm getting around 25% per year in STEEM terms.
ah delegation! that's another great idea I had totally forgot about.
Wow - 25% per year in steem terms sounds decent - maybe a bit dependent on the initial size of delegation... in terms of whether could create more with content.
thanks for sharing this @robert-call
Yes, It's better for Investors like me, than content creators. Good Content Creators with a lot of STEEM Power can do really well. Delegations range anywhere between 150 - 400 STEEM per 10,000 of STEEM Power leased. Pretty lucrative with the high price of SBD.
Interesting. How does SBD play into things with Delegation?
Post rewards are paid in 50/50 STEEM Power and SBD. With SBD @ $10 every post you see is worth significantly more that what is show on steemit.com. So it's highly profitable to lease Steem Power to upvote your own content or support other initiatives.
ah - got it :)