You are probably voting too often! Here is why! [Pro Tips]

in #steemit7 years ago (edited)

I see people who are great Steemians but still lack their ability to control their Voting Power. One of the most important things to learn here is that you get back about 0.83% of your Voting Power each hour and each Vote you cast (at 100%) costs you 2% of your Voting Power.

How does Voting Power effect me?

Your voting power is the second most important thing to keep track of after your Steem Power! When you cast a vote it costs you 2% of your Voting Power. Every time you vote you have to wait almost 3 hours before your Voting Power for that single vote recharges!

A single vote at 100% Voting Power is worth 2x a single vote at 50% Voting Power, all things equal. I see people with over 1,000 SP and their Voting Power is less than 10%! They effectively have the same influence to earn here as someone with just 100 SP and 100% Voting Power!

Why should I wait to vote if my Voting Power is under 80%?

When your Voting Power drops below 80% you will require over a 24 hour period to have it fully recharge. No one wants to be sitting idle for over a day not able to up vote! The general rule of thumb is keep your power over 80% before logging out for the day so you return with near 100% the next day! Remember it is the quality and power of your votes that matter FAR more than how many you make!

How can I check and track my Voting Power?

The easiest way to keep on top is simply use steemd! Simplye replace my handle with yours: https://steemd.com/@bigdeej

I am under 80% Voting Power! What should I do?

Just relax, and stop voting until you are back at 90%! I know it will seem hard but once you develop a discipline you will view your votes as investments. Each vote has to be worth as much as possible and be placed into the best post/comment in order to earn the max return possible! Just be patient, even if you are under 10% it will only take 9 days to fully recharge!

Thanks for reading if you enjoyed please resteem, up vote (when you are over 82% Voting Power), follow me and comment below! Happy steeming fellow steemians!

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Thank you for this nice, short, easy to understand post. Resteemed, upvoted and followed.

Glad it could help! You are managing your Voting Power well! Over 90%! Keep it up fellow Steemian and Steem on!

Thank you! I try. I got down to 40% when I first got here since I like everything I see, but now I hold back my liking finger :) It took me over a week to recover when I found out about this.

Yeah I make a list for my bot now to vote for me it manages my Voting Power and I just act as the "human aspect" curating real content for it to up vote! Make sure you start powering up as much as possible, now is a great time to buy Steem Power as it is nice and cheap!

i wish I could, but I have no extra money. Thanks for the tips. Very helpful!

Make all your rewards 100% to Powering Up!

I'm planning to send that money to my landlord maybe. I'm in Thailand and tiny amounts matter here. I have multiple streams of income, but this one is better than most right now :)

Godd, usefull, wise advice. I'm sure many newbies dont really realise how important all this is.
Upvoted, even i should not ( because i am @ <80%)
Steem it up !

You are looking about 86% Voting Power right now so you are managing yourself well! Thanks for the up vote you are a heavy hitter 28k SP! Very nice! Feel free to follow me back I would love to keep in contact here! I'm sure you know but in case you don't, you can track your stats here: https://steemd.com/@onealfa

Yes, sure i know. i am checking that STEEMD numerous times a day. Daily.

It becomes like a real live stock ticker doesn't it lol!

Another great post. Stuff that new people need to know about. Need to gather your post like this and make a How To for steemit!

Yeah in about a month we can start work on that! I'll recruit you on board phase 2 ;)

I'm guilty as charged on this one 🙊I'll be back to big up this post in a day or so, promise 😉

Glad to help! Rather get an up vote on day 6 at 100% Voting Power than 59.31% you currently are at! Keep track here: https://steemd.com/@steemmeupscotty

I hear you bro...I'll be back💪

It is SOO hard not to up vote now but in another 24 hours i'll be at 100% Voting Power and be hitting good posts/comments hard! Steem on!

Thanks.
Didn't know why i ran out of being able to vote in the last hour so I just gave up and thought it would be available in 24 hours.
Didn't know I just had to wait an hour until I was able to vote again on posts.

Did it for yours! ;D

You don't have to wait. Your votes just matter less and less until you let your Voting Power recharge. It recharges at a trickle of 0.83% per hour so you get back about 20% a day. Everytime you vote it costs you 2% of that Voting Power which makes your votes matter less and less. you currently are at 23% Voting Power and 5.4 SP which means your votes are worth the same as someone with nearly 1 SP at 100% Voting Power. Track here: https://steemd.com/@medevlo
Also make sure to read my article regarding powering up here as your account is very low on SP: https://steemit.com/introduceyourself/@bigdeej/why-are-you-powering-down-when-you-should-be-powering-up
and also this one: https://steemit.com/introduceyourself/@bigdeej/why-purchasing-steem-power-and-steem-dollars-matters-beginners-guide

from where i can check my voting power percentage???

You are looking good on Voting Power nearly 100%! You can keep track of it here: https://steemd.com/@rajag234
Be sure to follow me back and take a look at these articles to get you started!
https://steemit.com/introduceyourself/@bigdeej/why-are-you-powering-down-when-you-should-be-powering-up
and also this one: https://steemit.com/introduceyourself/@bigdeej/why-purchasing-steem-power-and-steem-dollars-matters-beginners-guide

thanks n followed

Learn and Earn together mate! ;)

This is great for newbies like me. Thanks for sharing

Glad to be of some help! Be sure to follow me as we grow the community I will be sure to keep you all up to date on the best tips and tricks! Learn to Earn!

Thanks for this insightful post. I have a question though, my upvotes from about 3 days ago worth $0. It used to be $0.01, what happenned to me?

Did you Power Down recently, I see you only have 17 SP but your Voting Power is near 100%? I would buy some Steem Power and Power Up while it is still cheap to do so! You can track your vitals here: https://steemd.com/@bigriches

This truly deserves my vote lol. Good info, im still learning here and have to devote some time still to do a good intro story.

Glad it can help! Be sure to limit your voting as you are at 42.62% right now! Keep track of your voting power here: https://steemd.com/@captainquack22
Be sure to follow me back and take a look at these articles to get you started!
https://steemit.com/introduceyourself/@bigdeej/why-are-you-powering-down-when-you-should-be-powering-up
and also this one: https://steemit.com/introduceyourself/@bigdeej/why-purchasing-steem-power-and-steem-dollars-matters-beginners-guide

thanks man, ive been surfing but holding back on the votes, ill look into your suggestions, and you definitely have my follow my good fellow

Once you have enough SP, then ypur upvotes get a slider. I prefer to vote lower-power and more often so that I spread it around more and encourage the other Steemians.

Yes It is around 500 SP right now then you can vote with less than the 100% of the 2% of your total outstanding voting power! Thanks for sharing! Followed you back!

Great explanation. I still upvoted you anyway!

I think this is probably the biggest danger in crypto right now!

https://steemit.com/cryptocurrency/@cryptocoinclub/blockfolio-addiction-help-group

Thanks I will take a look, I am not up voting until tomorrow as my Steem Power was really low and I learned first hand how important it is to keep it high!

Does leaving replies have any effect and does it matter if you vote on a post or on a reply? Will follow you!

Leaving posts and comments effects your bandwidth a tiny bit but does not effect your voting power! Leaving good comments is a great way to earn curation rewards and gain new followers!

Thank you. I am still learning how this system works. I wrote my introduction blog yesterday. Check it out if you have the time and let me know what you think! I gave you a like even tho you said I shouldn't with my voting power ;)
https://steemit.com/introduceyourself/@steamitbeta/introduction-to-me

Well, I don't agree for now. I always vote as much as I like. I ain't a judge. So I don't want to choose 10 best entries to vote for out of 100 I encounter. And even if I choose, I won't like to go back to the chosen one to upvote. It just sounds stupid to me. When I come across a post worthy of my upvote, it will sure get that. But if I come across yet another and much better suitor for my vote, it should get one too.

So IMHO, in case you want to maintain a high VP, you should entertain the post on "First come, first served" basis and then don't vote until you get back your desired VP. And if you have got a sliding scale, you can always rate the content and choose appropriate vote weight. That way you can vote more.

Apart from this, I observe that curation rewards are but a tiny part of my wallet. Most rewards I accrue are author reward. And I want it to be like that. Whatever curation reward I generate is a bonus. I won't like to spend more energy on judging posts than on writing. In my view, curation should be more natural and effortless. And excessive voting don't harm me in any which way. Even with less VP, I'll earn as much curation rewards if not more ...if I spend my every vote well. So why should I always strive for 100% voting power?

Please also check what @timcliff has to say on this:

https://steemit.com/minnowsupportproject/@timcliff/minnow-voting-it-is-still-ok-to-vote-40-times-a-day

Thanks for posting this. You are correct. I replied to one of the author's comments in your thread.

Voting more just reduces your influence for votes that actually matter. You will earn more doing 10 up votes a day at over 80% Voting Power than 40 posts a day and always below 70% as you currently are: https://steemd.com/@xyzashu

Sorry, but the info in your post is not correct. When you vote with 100% strength, you use 50% of your remaining voting power. If you are at 50% voting power and you cast a 100% strength vote, it only takes away 1% of your total voting power.

I think @timcliff had a typo here. When he said 50% of remaining VP, he meant 2%. of remaining VP. But @bigdeej's reply is a bit incomprehensible. Declining voting strength per vote is NOT at all bad. If it is, then explain me why you yourself are using less than 10% vote strength when your voting power is over 80%?

My vote power is usually at around 60-80%, but it fully recharged over the weekend because I didn't have time to review content. A full 100% upvote from me adds over $6, and I prefer to spread it out over more posts. I save 50% and 100% upvotes for things I really like.

Right when your Voting Power is at 100% or near as mine currently is your votes carry MORE value, so everyone saying they just want to vote down to 10% VP when you could just space out those votes and make the author more and yourself more aren't understanding how this platform works.

The idea is to consume all your voting power which is replenished back in a given time. It doesn't matter how much vote-weight you use or how many times you vote. Following points should be taken care of:

  1. VP is continuously being replenished irrespective of your voting activity roughly at the rate of 0.8333333% of your current VP. So we should vote considering our activity & inactivity level.
  2. More your VP, the faster (& higher in absolute terms) is the rate of replenishment. So if you want to make out the maximum advantage of it, your best bet is to keep your VP at 100% and make one 100% upvote every 2.4 hours precisely 😉
  3. You are human and not a machine. So don't act at machine precision. Be human and act human. Take into account your inactivity stretch and roughly calculate how much it would be able to replenish at most during that time to make it to 100% again. Always stay below that level so that you don't ever reach 100%. Once you reach your 100% VP, you are not being replenished or given any extra VP. So it's a total waste of your replenishing quota if you are at 100%VP even for a moment.
  4. Consider how much curation reward you earn in general. Mostly it's a very tiny percentage of your author rewards and you can let it go. So don't overthink of curation and just behave as a human unless you are a bot whose aim is to earn through curation only.
  5. Most people get less than 15% curation rewards of their total earned rewards. So if you are earning 500 dollars a month than share of curation is less than 75 dollars. And by all these calculations and discipline of abiding your voting according to it, 75 won't become 100. It may just make a difference of a couple of dollars at best.

What I want to convey is that this whole discussion around VP is not really of any considerable value. Just continue to make a good judgement keeping broadly everything else in mind. You can check your own curation rewards are less than 1% of your author rewards so far despite your maintaining over 80% VP. Whereas I don't care about my VP but yet my curation reward percentage is comparable to yours at 1.79%. Even @timcliff's curation reward percentage is about 10% of his total rewards. So guess how much is at stake?

Yes that is why voting too often is bad! Thanks for replying!

What do you mean by votes that actually matter? All my votes do actually matter. And math adds up the same whether you vote once at 100 VP or 100 times at 1 VP. I really didn't get your logic.

Well right now your voting power is at 60% and your SP is 45. A vote for you is going to cost you 2% bringing your voting power down to 58% and that vote will be worth 60% what it would be worth had you waited till your voting power was 100%. So you are almost voting with half the power you could be by over voting.

Doesn't explain to me how I am making a loss over that! Yes, I do know that everyone's VP replenishes back at the rate of about 0.83% per hour. So at 80% VP it will be about 0.67% addition in an hour whereas at 60% VP it will be about 0.50% addition per hour. Are you willing to point me towards this?
But I really don't care for that as overall impact to my curation reward is very negligible. And I'd like to be on the side of over spending than just letting my VP redundant due to under-spending on some day.

To each his own. But simple math shows you are throwing your votes away when you can manage them over a 7 day period for posts/comments you like to maximize the power they influence. Vote down to 10% Voting Power by all means you will need 100x more just to matter at that point..

Well let me share my story. I ain't a very heavy Steemit user. I mean I ain't online 24 hours continuously upvoting. There are days when I can spend more time here than some other days when I can't spend a moment for Steemit. For example, the days when I used to maintain my VP over 90%, when I used to sleep and do other choirs, I'd normally return to the platform after a gap of about 12 hours. So if I left my account with about 95% VP, I'll really wasting more than 5% of replenishment as my VP can not go over 100%. And this is only for a small gap of half a day. What if I ain't using steemit for couple of days? I'd be making much more losses. So over spending my VP makes better sense to me than under spending. I can't be so consistent with my voting frequency compared to the replenishment rate. So you rightly said that to each his own. And for me, "overspending" (the way you will call it) suits me more.

Thanks for all your advice anyway!

Good article, thanks.

Really helpful post for newbies like me

Glad to help! resteem and follow me back! Learn to Earn ;)

Already Done :)

Very helpful tips, thanks!

Thanks for reading! Followed you back!

this is very useful to know thanks for the post, im at 98% so upvoted & followed :)

Thanks! Glad it helped out! Followed you back!

This Is Definetly A Great Lesson About Voting Power, Resteemed Bro :)

Thank you very much for info and sorry for not upvoting. It's under 80% now, I will upvote as soon as it's recharged :)

Smart move! Very glad to help! Thanks for reading I followed you back!

Thank you, pretty useful post..
followed & upvoted..

Hello @bigdeej. Welcome to Steemit. I am David. I wish you have a happy journey here.

Stop posting on my stuff bot!

This post received a 2.6% upvote from @randowhale thanks to @bigdeej! For more information, click here!

I am excited to read your future posts. Good luck and welcome! Please consider checking out minnowsupportproject.com and @minnowsupport. It is a great community of individuals that will help you get started and can answer all of your questions.

useful post thanks

Thanks for reading! Be sure to follow and resteem to help others and Learn to Earn together ;)

Thanks for the useful pro-tips!

interesting

I'm no Steem expert by any means, but surely spreading fear about voting is detrimental to the Steemit ecosystem?

If people are reluctant to vote, authors won't be rewarded for contributions. It's already hard enough to gain any traction on this platform without people feeling like voting is "spending".

Perhaps I'm naive, but if Steemit is a game of chasing algorithmic quirks and nuances, I don't want to play it. It's the algorithm's responsibility to encourage participation not our responsibility to learn to game the system.

This will be a rare case where I will choose NOT to research further -- I'll just vote and contribute as I please and hope the Steemit algorithms are able to reward people fairly.

You are controlling your votes well (90% voting power https://steemd.com/@popcornlobotomy) however especially new members vote down below 50% and never let it recover. I am not spreading fear I am spreading reality. Most of the people under 100 SP and under 35 rank are up voting things with less than 50% power just to vote. They would be better off making a list of posts/comments they want to upvote and only up vote when over 80% power. Thanks for reading and sharing! I encourage you to rethink about the math of how voting power works.

I'm actually not controlling my voting at all, I just don't spend that much time on Steemit at present. Would love to be here more.

I do understand what you're saying about maximising voting power, but it's not practical for me. I just read articles I come across and upvote them if I like them, follow the user if I like their style.

If the algorithm is unfair with my normal behaviour, I'll take it on the chin.

A very nice tip for newcomers like me. Highly appreciated. Thanks

Glad it could help! Thanks for reading I followed you back!

Thank you for this explanation. I learned a lot from it. It seems every day I learn something new about how SteemIt works.

Giving you an upvote, worth 76% before I wait for it to recharge. :D

Thanks! Glad it could help! Be sure to follow along as phase 2 rolls out later this week! Building some tools that will take the guess work out of some of this for you!

I try to stay over 90% I notice you earn a lot more voting more in a day than all at once and staying well charged! Followed you back!

Thanks for the knowledge very helpful! upvoted & resteemed!

Thanks for reading, glad it was of some use! I followed you back! Be sure to keep up with phase 2 as we roll out some useful tools to help you on Steemit!

Very helpful post and tips especially to members like me who are newbies on Steemit.

There is an effective mathematics to control misuse of voting feature as well as to ensure genuine quality voting.
So I must study that mathematics properly and have to take proper care on voting
Thanks for the post.

Very interested to see your input on this subject! Thanks for reading, I followed you back!

Yes but you still will run your power down below 80% if you vote 100 times at 2% or 200 times at 1%. Thanks for reading! I think we are both agree you can use the slider my point wasn't the number of votes you place per day it was the amount of voting power you use per day. Your current voting power is 55.36% mine is at 95.80 so my votes are worth all things being equal nearly 2x yours at time of writing this.

Worth of your vote depends from SP. Guy with 150,000SP and Vote power 30% will give $10 vote, and I'm pretty sure it's bigger than your vote with 95%

And a guy with 650,000 at 100% is worth more than $100 ;) what is your point? Throw away free money just to vote more often under 50% power?

I'm here for sharing with others - my votes, my thoughts, but for keeping my Vote power.

Why do you keep your vote power if you don't share it with others?

thanks for the info. Shit....Ive been way too generous with the like button.

You are doing good right now 94.57% VP! keep track of it here! https://steemd.com/@jayhub

what is VP and how does this whole steeming up thing work? I've been uprooting a ton of stuff

VP is short hand for Voting Power, SP is short for Steem Power. Hope that helps! Take a look through my previous posts regarding steem that should be a good starting point for you! Steem On!

Great Post! I was wondering why some posts are $0.01 and others are $0.00. New here and did not know that my votes were based on a percentage chart. I thought I was giving away my earned steem to great content creators. THANK YOU! Makes much more sense now! :)

Thanks for reading glad it helped! Make sure you power up now while it is cheap as that is the #1 way to gain more here! Happy steemin!

Thank you, very didactic! I'll follow to upvote you other day, today I'm under 80% :-D

This is good to know, I've been upvoting anything I like (though I am picky) without a second thought..

thank you great article for everyone, its appreciated

Great information, did not know about the steemd.com/@ to check your voting power, still scratching my head as to whats going on but enjoying it all the same

Thanks. Very useful. Deffo a Resteem :)

See, it's these little tips for us newcomers that are SO appreciated.
thank you for sharing!

Insightful! Learnt a lot.Thanks

Thanks for the tip, I am new to Steemit so this helpful

Nice post. I struggle keeping they habit. I just want to up vote lol. The other challenge is voting when a post is new verses when it's at six days. Been trying to figure out which is best.

nice post. Now i understand how much should i vote and how much to store

Thanks for this post bigdeej. I've a LOT to learn. Making some mistakes as a newbie so all the help I can get is a godsend!

@bigdeej Thank you for this amazing post! It sets things straight on how Steemit works, especially with the voting power.

You've just saved me from wasting something valuable. Just started in Steem and this article is my very first read. At least, my first upvote will not go to waste by giving it to this post. Thanks.

Very useful guide, thanks for share.

Great post. I just looked and I'm at 98%. As a newbie, a silly question. Should I keep up-voting posts until I hit 80%, then recharge or is it better to stay in the upper 90s?

NIce article. Very informative.
Thank you

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