It is time to check back one of my most prominent delegation for investment. I have been delegating to @cnstm for sometime now. I know for sure after #hf21 most vote services take a big hit due to profitability being reduced. Last week I gone through
@wherein delegation check since it's one of my biggest delegation. Frankly, small stake holders like myself, one would think I don't give a damn if it's tiny difference in terms of return of investment. What I can assure you is, I never like to deal with money losing business. So, here we go. Run the check on
@cnstm delegation.
Let's take a look at daily upvote. I know for a fact that current low price of #steem value is actually a good thing for people like me, who is dying to get cheap steem. Which means, whatever $ value we saw from the payout is going to divide by current steem price. So, the upvote value we are seeing should be quantify in crypto value instead of fiat value. Remember this, invest peanuts, get monkeys. Period! Let's stop the ranting and start calculating. I'm equally excited and worried now, since I will not be able to know if my investment justified.
$0.036 = 10% goes to SPS, after that 50% goes to curator. So what do we get?
($0.036 * 90%)/2 = $0.0162
And, after conversion, the post payout is supposed to be 0.103steem 😎
That is not all, @cnstm also payback on daily curation reward share with fellow contributor.
0.103steem on daily authored post
0.044steem on profit sharing
Total per day payout is supposed to be 0.147steem
In 365 days, it is giving me back 53.655steem
Considering my investment is 200sp, that is 26% ROI. Wait, did I said 26%? Aren't we supposed to receive 50% of reward? Why would I still delegate? I might as well collect the SP and start to do my own self upvote job? Create 10 posts a day and upvote myself.
This is the portion when we discuss what can my 200sp do by myself
According to @steemworld, my simulated 200sp can upvote up to $0.0017! So, if I collect them back, my vote value should increase by 0.0017 when I have 95% voting power. I am not going to 100%, that just does not make sense. But let's give it the best case scenario, if we waited the account to recover 100% and immediately cast a full 100% vote for 0.0018. One day 10 times, assuming no miss. What will we get for 10 self upvotes?
$0.0018 x 10 = $0.018
0.018-10% = $0.0162
Per day we are getting exactly the same 0.103steem
365 days, we will be getting 37.595steem, at the same time because we do 10 posts a day and performed 10 self upvote, we have no more power left to upvote for other people. We get some annoying face, or probably some flag, and 18.8% return of investment.
You don't have to be me, and you don't have to believe in me. I am merely making an assessment on my investment, and I find it no harm to my crypto accumulation programme. I love what I'm doing and I plan to live this way. @cnstm can have my delegation as long as my own leading does not make a loss.