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RE: Life of a STEEM-WHALE

in #steem-whale6 years ago
  • How did you accumulate your whale stake?

I bought the majority of my stake with Bitcoins at around BTC 0.00007000 on Bittrex after missing out on the big pump and dump the first time. I also accumulated by blogging like there was no tomorrow and put out as much good content I could on a daily basis. It became a fulltime job at times.

  • Do you actually live on the passive income your stake is generating, e.g. by delegating to bots? Or do you have other sources of income?

I do have other sources of income, but if we isolate it to just STEEM, according to: https://booster-api.herokuapp.com/delegations?bidbot=booster I make 180 STEEM and 37 SBD per day delegating 650,000 SteemPower to @Booster. That should be about 65700 STEEM + 13505 SBD per year with todays quotation. In addition to that, I also make 9% SteemPower on my SteemPower in staking, which is an additional 58,000 SteemPower in a year.

Accumulative, selling in portions when the price is high, buy back, or not, when the price is low - making sure to stay in a healthy balance between Rental Units + Cash in the bank, cash in the safe, Cash at hand, Insurances + Crypto either staking, lending out or in other ways make coins on the coins I already have, and get out of RISK as soon as that is possible without losing any stake over it. (Think little factories)

I dare to stay Powered up, because I do not believe STEEM is going to fail, I think it will grow and become a mega-success, so I am sold on that :)

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Thanks a lot for sharing... this is really very useful information to better understand the economics of steem.
Do you think you could have the same return not delegating to bots? Like just giving manual curation and own blogging?

Do you think you could have the same return not delegating to bots?

not a chance.