You are viewing a single comment's thread from:

RE: Leased some more STEEM Power....What's the best strategy??

in #steemit6 years ago

This is probably not profitable. Break-even at best.

On my own account I make about 20% APY on vote selling to minnowbooster. It's a little difficult to calculate because you will be making a curation reward plus the SBD payments from MB.

Given market conditions, you are probably paying more than that for your lease.

Now if your speculation is correct that STEEM and SBD goes back up in USD values, then you will probably make more than you are paying in interest.

You can make an arbitrage profit if you are creating a lot of content and self-voting, running a bot, or being in a voting ring though.

Sort:  

You are probably right, guess I'll have to figure out another strategy...I was also hoping to get more in return in regards to curation rewards...but that still isn't much..
Thanks for your reply!

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.033
BTC 64160.97
ETH 3145.28
USDT 1.00
SBD 3.86