My next goal is 150k STEEMPOWER and I'm working towards that goal pretty hard.
It's an 22% increase from where I am today.
Next to my blogging efforts (80 STEEM) I currently buy around 40 STEEM a day extra.
It still will take me 220-240 days to reach my goal if I can keep this up.
If I don't buy the STEEM it would take me 330-340 days.
Now this morning I was thinking what if I could reverse it.
So instead of working towards 150k I could buy the 27k STEEM ($37,800) that I need to reach my goal and then sell whatever I earn in STEEM back to fiat till I earned it back.
As it turns out it roughly takes the same amounts of days give or take with my current tactic (earning + selling).
But the scenarios come with different con's and pro's I talk about in my vlog.
Another calculation I did was how long it would take if I would put all my STEEM in a bidbot.
With a return of 60 STEEM per day (Smartsteem calculator) it would take 450 days to reach my target.
That's only a little over a 100 days more but without doing anything at all.
I'm not considering it but I do understand a little better why investors who are not content creators or curators would put their STEEM there.
At 17%-18% ROI on Steempower a year it's it's not a bad investment at all.
I talk about it more in my vlog.
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