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RE: Investing long-term with Steem: Time as an overlooked parameter by mihserf

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· @mihserf ·
Thanks for the reply!
If I'll decide to power down in two months or year, then I'll get only 5000STEEM back immediately, right?
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@alexgr ·
No, you get 1/104th of 5000 per week.

Say you have 1000 SP right now and you power down. You'll get ~9.6SP per week for 104 weeks (that's 2 years).
👍  
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vote details (1)
@alexgr ·
Powerdown will always give you 1/104th, no matter when you click the button.
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@mihserf ·
Oh! But if I'll decide to power down in 2years after I powered up then I can get all powered down STEEMs immediately?
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@mihserf ·
hm.. then I don't see a benefits to powering up, because I can get meaningful profits in ~4years(!). For example, in two years I'll start powering down all the PSs I'll have at that moment (~20000) and in 2years I'll get them all powered down in STEEM.
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@alexgr · (edited)
Check the latest article of jl777: https://steemit.com/steemit/@jl777/how-to-have-your-cake-and-eat-it-to-or-how-you-can-have-your-sp-increase-even-while-you-are-powering-down
👍  
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vote details (1)