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RE: 1 000 Steem Power delegation investment in Minnow Booster : Rewards Day 1

in #steemit7 years ago

Hello happydaddyfr,

Nice family day today so I couldn't answear to your posts earlier.

Considering investing in steem : It highly depends on the kind of investor you are.

  • Are you a highly talented blogger who can expect to be famous fast enough? Then don't buy steem, expect to be paid by the community directly (very low probability)
  • Are you a making 10 posts a day? Then having a high steem power to upvote your posts might be interesting. Be careful because self upvoting is controversial. I'm not saying it is bad at all, it is that there is polemics about it.
  • Are you making 1 post a day? Don't go too high on steem power, you should better use SBD and steem to buy upvotes from bots. Everybody accepts that. It is the exact same thing as self upvote but hidden. Hypocrisy...
  • Are you good at curating post, can you expect a nice return on it? Go high on steem power!
  • Are you expecting steem price to go to the moon? Transfer all your savings to steem! (joking!)

Depending on your profile, you should choose the best way to diversify your investments. The best advice I can give to you is to go slowly on investing on steem to find out waht works the best for you.

I didn't get paid for the last 2 days from minnowbooster, got paid today around 0.4 SBD. The reward is kind of fluctuating... I'm thinking about stopping this investment.

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Ahah same here ! We took a "weekend off" (without internet at all !)

Thanks for this great analysis !

I'm more like 60% writing / 30% comments / 10% upvote (I would like to spend more time on comments but want to invest my time on content at the end of the day).

But the point that fit to me is the one buying upvotes from bots and I'm really not confident it would fit to my values.

Ok, I will stick to your conclusion, especially when you see how many invest you have to do without having a permanent 0,25%.