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RE: Would you like to become a millionaire within 7 years with only $100,--?
Great post @lucky.digger; though I was looking for this info on upvote on official Steemit page but was not able to find out.
No doubt compounding is magic if you keep adding interest to the principle without withdrawing any.
Though where did you find the 2% every 5day information? Just curious to know.
Also Is it necessary to have balance in SteemPower or is it the overall balance?
Thanks in advance. Cheers!!!
Following you now. I will be exposing more of my research and taking this concept home for the next 6 and 1/2 years, you will be able to follow all I am doing, including many other of my investment concepts that bring HUGE results through the compounding concept and non-traditional thinking. I will be posting my latest xls files for documentation.
Now to your question: The 2% were actually a value that I had researched through evaluation of many posts and awards observations. Now, please notice that I have achieved far more than that by not doing much. But if you are doing as good as only giving yourself 10 upvotes a day on your own comments such as "thanks" you should be making more than 1% per 5 days. Yes, you need to get your balance in Steem Power. Hope that answers your question?
Got you. Thanks for clarifying my doubts. I am following your posts from now. This one was really informative and equally motivational.
I will do my analysis on this too and will share my research and understanding to help others. Thanks for being prompt and sharing the file. Cheers mate!!!
FYI https://steemit.com/teamaustralia/@lucky.digger/million-dollar-challenge-1-xls-file