CALCULATON OF PROFIT AND LOSS ON STEEMIT ........
It is my first calculation whether my investment on blog is profitable or not . I have picked one of my blog as example which payout done recently .
In pics we have seen a blue coloured circle , the value $ 125 .10 is showing in US dollar and the US dollar calculate on the basis of steem dollar and steem current market price , suppose you earned = 40 sbd + 30 steem+ 20 stem power , the value of these coin will be measured on current market price interms of US dollar.
In this blog Smoky Smoky The naga Kitchen I have invested 82.35 sbd on bot for upvote, In return I have received after the Curator rewards as below (25% goes to Curator)
As seen above pics the number of coins received on this blog # steem=15.446 , steem power= 30.289, sbd=23.030
#Remember 1 steem power equal to 1 steem coin so total steem i have earned= 15.446+30.289=45.735
AS MY ALL INVESTMENT MADE ON THIS BLOG THROGH SBD SO FOR EASY CALCULATION I HAVE CONVERTED STEEM INTO SBD ON THE BASIS OF CURRENT MARKET PRICE .
After conversation Sum of SBD earned =52.502+ 23.03 =75.532 ( converted sbd+ rewarded sbd)
Now profit & loss calculate as = Earning - Investment
= 82.35-75.532
= . --6.88 . (loss)
CONCLUSION-
1/ if you see for short period of time it is very loss if you invest on bot interms of amount of coin invested and amount of coin you have earned and we need to wait 13 weeks to convert our steem power fully into steem .
2/ If you see for long period of time when your steem power growing day by day it will help you to earn more curator rewards as well as max ROI of bot . Investment on bot is beneficial when you have high amount of steem power . I have had lost due to low steem power that time in my wallet . So you can also follow the same procedure to calculate your investment before/ after curation rewards . WE CAN SAY ATLAST STEEMIT IS STILL PROFITABLE FOR LONG TIME if you have GOOD CONTENT, GOOD UPVOTER , GOOD FOLLOWERS AND HARD WORK .
Please reply your view or any correction needed here . The post is not for financial advise ,its just my experiment shared here , i think we come here same purpose so it may help some one in somewhere ...
Your posting TSK
ভাল লাগিল অসমৰ কাৰোবাক চাই।
Thanx for your blog.
Interesting ,
Congratulations, your post received 58.82% up vote form @spydo courtesy of @bnbtravels123! I hope, my gratitude will help you getting more visibility.
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For having some context for "I have had lost due to low steem power that time in my wallet" for what is "low steem power"
What was your steem power at the time?
Cheers
i think it is loss only , no matter of steem power , if you see sumit ji wallet he will also bear loss only interms of investment
The value of the steempower is bigger. So if u power it down than u have income. Plus if u have enought steempower than u can upvote yourself from that. So in long term it should make income. But of course it will depend also on the currency
BOING! You got a 65.18% upvote from @boinger courtesy of @bnbtravels123!
Yss bro you right but for long term it's also loss . Indirectly we loosing our steem. So what our steem power increasing no benefit of it. It dosent cover loss. If it cover that loss so what mean to work in steemit if our money will not grow. If any one want steem power why using bot for sp . Just power up your steem . Don't do loss.
It will be loss after investing money in steemit because some amount of earnings transfer to the curation reward..but the only thing will grow is you reputation
thank you
@bnbtravels123 Thanks for this blog. Interesting & indepth analysis.