Hi guys, I've added new feature to @tipU voting service that some investors may find very useful :)
Every investor / SP delegator can now set part of his daily profit to be reinvested.
Quick example: your daily profit is 0.2 SBD and you have set your auto-reinvest ratio at 50%. You will receive 0.1 SBD as direct payment and the second half will be used to buy STEEM and POWER UP. With current STEEM prices, your investment will be increased by 0.096 STEEM (worth of 0.1 SBD).
Auto reinvesting automatically increases your investment each day and allows @tipU go generate more profit for your account :)
How To Set Your Auto Reinvest Ratio
Just send 0.001 SBD to @tipU with memo: reinvest XX where XX is the any number between 0 and 100. For example:
- reinvest 100 - @tipU will use your whole daily profit for reinvesting (100%)
- reinvest 5 - @tipU will use 5% your daily profit for reinvesting
- reinvest 0 - auto-reinvest feature disabled (you will receive whole payout)
Here come the 'passive income' people again.
?:)
What's wrong with this?
It makes steem sound a bit like a quick rich scheme.
Naah, I know what you're referring to but "passive income" is used also outside those groups ;)
Well if one invests a few 1000 usd, its a nice get rich kinda quick scheme :)
With Steemit, you get out what you put in!
Well Steemit is also an economy in itself so you can't remove economics from it.
@tipU upvote this post with 7 sbd
Shameless selfvoting :(
Hahaha 😂
Hi @tipu! You have received 7.0 SBD @tipU upvote
from @cardboard !
@tipU! upvotes with 200% profit and pays 100% profit + 50% curation rewards to investors :)
That is great really@tipu
Thank you @tipu !
Now i delegate 100sp hope to delegate more.
Cool, thank you :)
awesome as always. have just reinvested 100%! best of luck @tipu.
Nice feature @tipu and thanks @cardboard for his hard work and dedication! 💪🏻
Wahouh super fonctionnality ! I will use it !
This post has received a 7.33 % upvote from @booster thanks to: @tipu.
:)
How much will 10 SBD invested will generate daily? Without SP delegated?
Math time!
With current STEEM prices, 10 SBD = 9.9 STEEM POWER
9.9 STEEM POWER can make 10 upvotes of 0.0019 SBD -> 0.019 SBD daily
Because @tipU upvotes with 2 x of the payment, the profit is 50% of the upvote value
0.019 x 50% = 0.008 SBD daily
With current STEEM price increase, this should go up to 0.01 SBD daily + curation rewards (around 1-2 liquid STEEM currently but this depends on how good the day was:)
Thanks for doing the math I really appreciate it.
How does one UNDO reinvesting? Just send another memo with zero and the payouts will come back?
Yep, just set reinvest to 0. Also, you will receive payouts even if you set reinvest to 99%. Setting it to 100% will stop the payouts (but you will still receive messages:)
Daily compounding is a VERY POWERFUL investment tool. Thank you for thinking of this and adding this feature. Going for a 100.
Hi @tipu
I'm just a little confused. Let's say I invest 1 SP. 90% is set to reinvest, 10% is my daily payout.
What is happening to my the 90%? Is TipU buying SP on a daily for itself (SP goes to @tipu) and delegating the SP back to me?
If I pull out my entire investment (and the compound interest), does TipU power-down the SP it's accumulated and give me back SBD?
Thanks!
Did you get an answer to this ?
No.
No answer @blog-beginner.
No answer from @tipu. A little fishy. Autoreinvest and cryptocurrency is a sketchy concept. Just ask anyone who invested in Davorcoin.
I agree ,this issue must made clear .how can I get back the reinvested SP?
@blog-beginner @cheva
OK, figured it out. The keyword to get back the reinvested SP is "refund" and not "withdraw" or "payout".
P.S. @tipu is a bot. You're not going to get help answers from that account. @cardboard is the developer.
I'd Like To See A Answer MySelf
reinvest 100
Please send 0.001 SBD to @tipu with this command :)