There is a lot of power in a compounding interest rate. Currently the weekly rate of return on STEEM Power is 4.30%. Let's say you start out with 125 STEEM Power units. If the weekly rate of return remains the same, in one year the STEEM Power compounds to 1,116 STEEM Power units, two years 9,965 STEEM Power units, three years 88,974, and five years 7,093,004 STEEM Power units. Now, how much that equates to depends on the price of STEEM in five years. Even if STEEM is $0.01 USD, in five years that would be $70,930.04.
The rewards of being an early adopter. Now, everyone in the SteemIt community needs to work to make SteemIt and STEEM a success, risk versus reward. Without a bit of risk there is no reward. Taking a risk makes the reward that much sweeter.
At the same time, I do not recommend anyone go all in on STEEM Power. Each person needs to evaluate their own risk to reward tolerance.
There is a lot of power in a compounding interest rate. Currently the weekly rate of return on STEEM Power is 4.30%. Let's say you start out with 125 STEEM Power units. If the weekly rate of return remains the same, in one year the STEEM Power compounds to 1,116 STEEM Power units, two years 9,965 STEEM Power units, three years 88,974, and five years 7,093,004 STEEM Power units. Now, how much that equates to depends on the price of STEEM in five years. Even if STEEM is $0.01 USD, in five years that would be $70,930.04.
The rewards of being an early adopter. Now, everyone in the SteemIt community needs to work to make SteemIt and STEEM a success, risk versus reward. Without a bit of risk there is no reward. Taking a risk makes the reward that much sweeter.
At the same time, I do not recommend anyone go all in on STEEM Power. Each person needs to evaluate their own risk to reward tolerance.
Steem on,
Mike