That is quite the comprehensive and nicely laid out guide (nicer than mine). Good job.
About the 30 minute rule of curation: There is no point in waiting to upvote your own posts (let the default setting do the vote for you automatically) because the 30 minute rule diverts curation earnings to the author (which is YOU). In effect, what you lose for curation goes right back to you as author reward. NO LOSS!
The 30 minute rule takes 100% of the curation reward at the exact second the post is made and then there is a linear rate that by the time 30 minutes is up, takes NIL off the curation reward. If you vote at exactly 15 minutes after the post was made, you would lose 50% of the curation reward to the author.
Because the curation reward also takes into consideration the number and vote power of curators, it is often worth losing a few % points and voting after 20 minutes rather than waiting the full half hour. Everything is a calculated gamble.
Hope that helps.
Well explained and yet I am still confused. :D
Confused about the whole thing or a specific potion? I'm willing to try again to help you understand it.
So you are basically saying that it doesn't matter and the author should just use the auto-upvote function?
How about curating other posts? Do you still get something after day or so?
Correct, as the author, you get it all anyway. Use the auto-vote.
Curating other posts after a day or so would likely not get much IF there were lots of votes in front of you. However, if there were few votes and you then resteemed the article and it got lots of votes AFTER yours, you would do quite well. Of course if the article continues to get few votes (and small votes) then the award pool will also be small and your share even smaller.
Thank you, very interesting. So far curating didn't work for my at all from the financial aspect, likely because of my low Steem Power. I think I made like 0.02 Steem last week. But that is ok, my other gains were great and I am happy to keep on curating to help the community grow.
Unfortunately, as a minnow, curating is not very beneficial unless you manage to beat the bots and whales at a game they know far more about than you do; and obviously more than I do, because my curation rewards are tiny as well. However, I don't curate to make money, but rather to support content I appreciate.
I find I'm actually bringing in a lot more from responding to posts. It's usually not a lot, but its not that difficult to reply to a good number of posts in one day. It can be surprising what a few 35 cent rewards can add up to in a single day.
True, I do the same. Right now I am grinding through posts. I love posting, I am really good at it. But this grinding thing is much cooler. ;)
This comment has received a 0.04 % upvote from @booster thanks to: @flauwy.
This comment has received a 0.04 % upvote from @booster thanks to: @flauwy.
This comment has received a 0.04 % upvote from @booster thanks to: @flauwy.