100% power up or 50-50 ???
If you have asked this question thousand times and still don't know the answer exactly, let me explain it in the simplest way:
let's do a math. imagine we have posted something and we have $100 payout pending. now, before you go out and get something nice for yourself with that money, let's see:
how much money is it really, if you have set your blog post rewards on:
- power up 100%
- 50% SBD / 50% SP
and if you have just wondered where you have answered such question, here is it:
all the way down to preferences:
here are the two pills! red or blue?
back to our math peoblem.
how much is 100$ pending payout, if we have asked for 100% power up?
75% × 100 = 75 STEEM as SP in your wallet
which will be 75 × 0.63 = $47.25
according to price of STEEM, right now.
how much is 100$ pending payout, if we have asked for 50% SBD / 50% SP?
75% × 100 ÷ 2 = 37.5 SBD & 37.5 SP
37.5 SBD = 0.93 × 37.5 = $34.875
37.5 SP = 0.63 × 37.5 = $23.625
total payout = 23.625 + 34.875 = $58.5
So, if you set on 100% SP, you will lose money!
but what if the price of STEEM and SBD changes?
Imagine the holy STEEM goes up to $2 level (sighhhhh and fingers crossed! wel it was 6 when I started blogging here!)
now let's do the math again:
how much is 100$ pending payout, if we have asked for 100% power up?
75% × 100 = 75 STEEM as SP
75 × 2 = $150
how much is 100$ pending payout, if we have asked for 50% SBD / 50% SP?
75% × 100 ÷ 2 = 37.5 SBD & 37.5 SP
37.5 SBD = 1 × 37.5 = $37.5
37.5 SP = 2 × 37.5 = $75
total payout = 37.5 + 75 = $112.5
so this time you will lose if you have set the preference on 50-50
STEEM or SBD
The qustion is which one is gretaer.
if STEEM > SBD then it will be better if you set your earnings on 100% power up
but if it's the other way, go for 50-50
now get back to work and earn some real money and become a dolphine before prices moon!
P.S. in both cases, there would be a curation reward if you have voted your own post, which I didn't calculate it.
hi @honarparvar
Interesting choice of topic buddy.
Just like you pointed out: it's important to realize what is corelation between current price of STEEM or SBD.
There was a time when steem has been way more valuable than SBD and now it's opposite. In both scenarios result of payout will be different.
Cheers
Piotr
thanks for reading
I’m more of a 50/50 guy since I like to get SBD and then wait for prices to drop and convert into STEEM to get a larger stake
Posted using Partiko iOS
that works time to time 👍
Great advice, thanks.
I might be wrong but I think there's an error.
you said:
What I think it's happening is that to receive the SP the steemit calculates how many SP could you buy with 37.5 SBD.
Which results:
The atual price is 0.63 SP gives you 1 SBD
37.5 SBD ÷ 0.63 SP = 59.524 SP
37.5 SBD you could get 59.524 SP
So, the payout will be 37.5 SBD and 59.524 SP
Because of that I think there's no difference in which payout you select. Just if you want to cash out it fast, or if you want to invest in your SP.
Please, correct me if I'm wrong.
hi
if you divide 34.875 by 0.63, it will result 57.2 which is roughly what you said in SP
did you get the point?
No :s sorry
But my doubt is that there's really a considerable difference in the price since the SP amount is higher.
The conversion maybe will result in the same amount as the post payout but in different currencies.
I read very contradictory posts here.
Posted using Partiko Android
Danke, für diesen Beitrag, sehr hilfreich und wirklich leicht erklärt
thank you for reading 🙇♂️
good time to remind !!
i hope next time we are talking about the other way! 😏🤞
I personally prefer 50/50, as SBD is bound to US$
so no matter, what Steem-shares are worth - I got my Dollars 😁😎
exactly 👍
50/50 all the way! Good tip 😋
for instance 😏
This post has receive a 25.00% upvote.
The calculations you did, I don't agree with that.
Your post-payout is almost 100$ so see your rewards first.
They are not like 50% SBD = 50%SP. 50% SP is greater than 50% SBD.
So if a post-payout is 100$
25% goes to curation.
75/2 = 37.5$
now for SBD assume SBD = 1$ then you will receive 37.5 SBD.
for Steem assume price is 1steem = 0.7$
then the SP you get is 37.5/0.7 = 53.57 SP.
Results. 100$ post-payout at SBD = 1 $ , and 1steem = 0.7 is 37.5 SBD and 53.57 SP.
Regards,
Dayyan Khan
You got a 32.94% upvote from @upmewhale courtesy of @honarparvar!
Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!