I appreciate the well written and thorough post. I personally am still learning about SP, SBD, etc. though from what I've gathered, the more SP you have the more your votes are worth. Which is why I've been putting some crypto I've been earning throughout the day into SP at this point in time. The SBD I have been accumulating also throughout the day will go to contests like this, or donating some here and there to various users.
I'm curious though, I've seen some basic posts with just images make more than some high quality blog posts I've read, is this a normal trend or just bad luck?
As for the bots, I've researched on them a few times, so I have a decent understanding of them so far. I do see how the price falls and rises can impact your % return so it is something to be cautious about and I'll take note of it as I didn't actually account for that. Though at the same time, my goal with this contest was reach, so the return doesn't matter to me at the moment.
yes SP is directly related to vote value but its not the only factor. one thing to note is how frequently you upvote. With every upvote you lose voting power and as your voting power decrease so does your upvote value. With your SP your 100% upvote should give $0.05 at current steem rate but since your voting power is down to 38% your upvote is $0.02 you need to make sure you dont upvote more than 10 times a day if you want to give full upvote value, or you can decide to give less than 100% and keep an eye on voting power. it charges back in time so its not a big issue. you can use this tool to monitor it https://www.steemnow.com/@bit.curious
you can connect with me on discord as well to discuss some of these things i have decent understanding of steem system.
I appreciate the information and link.
That makes more sense now, I was wondering why it fluctuated from $0.02 to $0.01, I didn't know you basically are metered and that determines the amount of the vote. I will have to be more vigilant with my upvotes, as I was just upvoting everyone who posted on this blog so they at least got something for their time.
Thanks again!
no worries if you want to ask about anything else post on my comments or look me up on discord if you use that. you can still upvote all the people who commented on your blog you just have to spread it across the span of 7 days since they will not be getting rewards for their comments until 7 days.
each upvote takes about 2.4 hours of voting strength so you can do one full 100% upvote every 2.4 hours or you can do 5 upvotes of 20% every 2.4 hours. you still give about 2 cents with 20% voting power and you can increase or decrease based on the value of their comments.
I currently don't use discord but plan to get around to it in the near future. I'll take note that everything takes 7 days to "mature" and rewards are credited.
So basically once I'm at 100% I can upvote for 100% every 2.4 hours, that's not so bad. I'll just have to keep my idle hands at bay and not upvote most every comment on my posts, rather spread them out across the 7 days.
you have 157 followers in your first week, you will be doing great here. i will be increasing my steem power soon as well i just want to test out steem recovery system a bit more before i put more in.
i upvote based on my availability. if i am going to bed i would upvote 3-4 100% at a time since i wont be able to upvote while i sleep. last week i had to go on vacation for 3 days so i upvoted till i reached 72 hrs recharge time.
That's actually a pretty good strategy, I'll keep that in mind.
I appreciate all the information!
@onlymoney