You are viewing a single comment's thread from:

RE: Do NOT Power Up Your STEEM to SP!!! Minnow Tip for the STEEM Blockchain

in #busy6 years ago

@scrooger stopped the lifetime registration quite a while ago.

I lease too and advise many small delegations instead of big huge ones. In my case, I have about 7 of them now - all for 100 sp, so if there is a cancellation, it's not a big deal and I can just go in for a new one.

It's not about "rate of return" for these minnows. The RC tragedy means they run out of sp and can do NOTHING for days until it charges back up.

OR they can only do two or three things at a time.
1 post drains their rc
1 comment drains their rc
1 vote drains their rc
1 edit of a post or a comment costs the same as the original post

If they do the above 4 things with 30 sp they are dead. If they only have 15 sp, it's worse.

This post was only about the issues stated. The other post I linked tells about contests and about 50 other tips and strategies to earn STEEM in the first place so they can do any of this.

I will edit this post to make that point clearer in the section about sbi, so thank you very much.

It's fine about the price being low or whatever, @arunava. I get what you are saying and agree it's great for some people. But these little people cannot function here at all without help. The problems you face at 20K delegation are much different than for the baby accounts.

On my new @fitinfunfood blog I got a delegation of 100 sp for 90 days from @blocktrades. I have been hovering around 20% RC and with a bunch of replies today, I went below 10%. So I just got another 40 sp delegation (for 3 STEEM) so I can continue. That brought me back to close to 40% RC so I will still have to watch it. This is with almost 150 SP now.

Sort:  

Ok so I didn't know about the Lifetime Registrations been paused that's my Bad and I also agree on the fact that this whole RC thing has several people still confused as to how this works.

What I am trying to say is that the main thing is Balancing and not get frustrated. You can't just be born and want to start running right. Similarly, when you create an account here you get Zero SP which really sucks as you can only either Post or Comment once at this point of time. But if this was one Year ago I would have completely agreed with you but now we have several dapps which gives out Upvotes for your work. eSteem gives out Upvotes once a day for anyone who posts via their App, Busy also does the same there are many more that does that but the one that I would say is the most useful for Minnows to acquire an Upvote is Musing. You can get close to a Dollar worth of Upvotes if you give a deserving answer to the questions asked on Musing. If you have 100% Powered up that is around 3 SP in your pocket right there per day. This now pushes you above and now you can Post or comment thrice a day that means you can Post once on either Busy/esteem/Dlike and try to get a free Upvote and at the same Time Comment an answer on Musing to get another 3 SP in the Bucket. It's all about Compounding.

As for Delegations there is a lot going on. Blocktrades does give out delegations but they do charge a premium rate over Minnowbooster and at the end of it all if a Minnow doesn't make some sort of profit at the end of the Week then 80% of the Time he/she will think about leaving the Platform. I know this cause I have seen this happen. As most of us come here for the Money so profits does matter.

I do agree that we both have points that are pretty true but I am talking about long term perspective. The Minnows need to work hard now so that they can reap later. I joined Steemit around a Year and Half ago and now I am sitting on 5K SP and I did not buy a single STEEM. Yes I did receive a tiny Delegation from Steemit but only for a couple months and at that point of Time there weren't many options like now.

There are many people here on Steemit helping Minnows hell if it's a problem of RC's I am willing to delegate some SP to Minnows for a week. But they got to do the work and preserve their SP as believe me when the next Bull Run comes there will be a shortage of SP.

I see the points you are making, but I still do not agree baby fish should power up 100% when new. I actually take money out of here weekly to live on, so I have a much different perspective than someone hoping the place will pop in few years maybe.

I post only with dapps and only because they give me upvotes. Busy, esteem, dtube and ulogs all give me good votes at least 75% of the time.

I had no idea musing was so lucrative, so I will look into it. The musing posts I have noticed recently have been sub-par with almost no reward, so I must look further to see what you are talking about. I can spout off on many niche topics, so it might be a place for me to post and then possibly recommend to others.

I normally lease from @minnowbooster for 24 weeks and have the long game on that with many leases staggered at all times. If someone is looking for a profit by leasing for a week, I agree they are in the wrong place.

If you are interested in delegating to baby accounts, check with @thedarkhorse. He's got a program going on to help little people, but nothing for one week, I am sure.

I comment 100 times a day between three accounts. Commenting 3X a day would not work for me, or most people. You need to be able to post, comment in various places, and reply as needed. Even 50 sp does not let that happen now.

The idea of delegation in the beginning is not to make a profit. It is to be able to survive.

I hope you might be able to visit @scrooger once a week on Mondays and slam him with a good vote since you have such good power now. He's still voting for you, and you might find minnows there commenting and worthy of help. And that way you can know if any further changes come to that program in a timely manner, since he gives info in that weekly post.

I don't know if oleg helped you in the beginning of your time here, but if so, I'm sure he would be grateful for any vote as well.