First of all: Steem is currently worth under a dollar.
So you have a cheap buy in. Just weeks ago you had to pay 1.5 times as much for the same amount of steem!
The second reason is, that you can earn kind of an interest. Yeah I know, steemit doesn't pay interest at the moment.
But with higher steempower comes higher value of your vote. Some will say now: I won't upvote my own blog!
No problem, delegating your steempower can bring you an similar income. So you don't need to upvote yourself!
Here one example:
If you buy steem power for 100$, your vote will have 0.01$ more value. You can vote 10 times a day with 100% without losing votingpower. So you can upvote yourself with 0.10$ a day.
If you leave out the 0.70$ you earn in the first week and think of a stable exchange rate, you come to this calculation:
100$*1.001^358=143.02$
100$ investment and 43.02$ earnings in one year.
This would equal an interest of 43.02% per year!
Every fluctuation has an impact on this number! If steem gains value, you will have additional earnings, if it loses value the earnings will shrink.
If you delegate your steempower it will be different. But for example minnowbooster offers roughly the income of upvoting yourself.
The third reason is, that you will get more attention due to your steempower.
They will hope for refollows, upvotes on their comments and blogs and high curation rewards.
So independent from your own votes, you will earn more with your posts without doing something else different.
But remember: Never invest money you can't afford to lose!
Happy steeming!
Wish I had the money right now, STEEM under a dollar is a steal.
Yeah it is
Good analysis.
Thank you
The only problem is that I can't use changelly anymore as STEEM is not listed there anymore :/ This was my go-to place to buy STEEM. I hope it's temporary. Anyone know anything about this?
I don't know..
I am searching for a way to buy it too..
Wanted to use cex but I found too much scam experience in the internet :/
Hello @resorus
I agree with you on investing in STEEM now and your last statement got me which is very true.
@learnandteach01
Resteemed to over 5500 followers and 100% upvoted. Thank you for using my service!
Send 0.100 Steem or 0.100 Steem Dollar and the URL in the memo to use the bot.
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@resteem.bot
I'm following you, you follow me too.Please. And I voted for you, comment, you do me too.Thank you
Spammers everywhere. Dude, do something that will bring people to your blog. Do not beg everywhere. It does not look good to anybody. If you create some value, people will automatically come to you. I think more value will help this community grow fast. More people will join us.
@reported has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.
To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memo