As an advertising campaign leasing sounds like a good idea but I think it is really hard to be profitable and make more than the 90 steem (as in your example) you have to pay back.
It then becomes a question if the x amount of steem you will lose by leasing will be worth it. I'm curious if anyone has done the math and figure out if you make a profit or a loss on average when you lease SP.
How is the baby doing? Cheers!
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If your motive is to make an instant profit it probably won’t work for you. It is only profitable if you only vote for yourself.
I didn't say anything about instant profit. I was talking if you can make more than 90 steem by using your delegation (including self upvotes)
Let’s say you decide to pay 90 steem (you can offer less - it’s your choice). You vote for yourself 10 times a day for 7 days. (It’s your choice to vote more, or less often). That’s about $35 in total, of which half is in SBD. If both steem and sbd are worth $1 you will definitely make a loss. $90 - $35 = $55 loss. On the other hand, if sbd are worth $5 each, you will make a profit: $90 - $105 = $20 profit. At the present price of around $2.50 you would not make a profit.
SBD to steem ratio is more like 75/25 these days, so it seems it's very dependent on SBD price :)
Correct. The higher the sbd price, the more you can make from a vote.
Would this be a problem? I also thought of leasing SP and upvoting 10 of my posts and comments daily.
Would you recommend this? Would a minnow get flagged for this?
I do not recommend voting your own comments unless you particularly need to promote one of them to push it to the top.
Alright then. I was told Icould possibly get flagged for doing so. Wanted to get a second opinion. Thanks for responding
There are some whales who flag people who vote ALL of their own comments. Voting one or two should do no harm.