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RE: Investing long-term with Steem: Time as an overlooked parameter

in #steem • 8 years ago (edited)

Thanks for the post! I have 5000STEEM on exchange. If I power them up then how much SP I'll get. And which curation rewards I can get with those SP?

8 years ago in #steem by
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     8 years ago  

    Remember that if you power up, it's a long-term investment (you can turn it to STEEM at a rate of ~1% per week). 5000 STEEM = 5000 STEEM POWER.

    Curation rewards will depend but I think you can expect at least 10SP per week. My ~1500SP give me from 3 to 10SP per week in curation rewards - but it is dependent on what I curate, obviously

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     8 years ago  

    Thanks for the reply!
    If I'll decide to power down in two months or year, then I'll get only 5000STEEM back immediately, right?

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       8 years ago  

      No, you get 1/104th of 5000 per week.

      Say you have 1000 SP right now and you power down. You'll get ~9.6SP per week for 104 weeks (that's 2 years).

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       8 years ago  

      Oh! But if I'll decide to power down in 2years after I powered up then I can get all powered down STEEMs immediately?

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         8 years ago  

        Powerdown will always give you 1/104th, no matter when you click the button.

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           8 years ago  

          hm.. then I don't see a benefits to powering up, because I can get meaningful profits in ~4years(!). For example, in two years I'll start powering down all the PSs I'll have at that moment (~20000) and in 2years I'll get them all powered down in STEEM.

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