RE: How turn 250$ into 10000 steem power complete guide
I think the suggestion has some mathematical flaw. I think you can calculate the returns. Say u have 250 sbd and to make it 10000 sp it has to be 40 folds rite. Say an upvote gives u 40 percent returns you mustn't forget ur author's reward hss to be shared for curation reward...so u wont get full payout. U may end up getting 15% profit from ur investment. When u throw into SP and u do a power down....the power down is the entire sp divided by 104 weeks of installment. So say ur 250 sbd is now 280 sp. Divided by 104 installments u get like 2 plus sbd hardly even 3 sbd. Then u go buy an upvote again? How long is this process going to take? Why not just go for good contents. Chances are more likely that u will hit 10000 sp sooner than buying upvotes.
Its mathematically possible to calculate. And maths shows us what this suggestion is not workable.
no bro if you have 260 steem power you power down you get it back on 12 installments not 104 installments
Say u are right. Hence u will get 22 sbd each installment. Then u use it to upvote again? So u can only do it once a week and u get like 30 sbd in return. 25% goes to curation reward. U take home 23? How many times do u need to repeat this process and how long to reach 10000 sp?
i am doing this this process is slow but 100 percent success rate