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RE: STEEM: Income Versus Building Wealth?????

in #steem7 years ago

I can't even imagine powering down at the moment... I definitely power up every single bit of Steem and SBD I can scrap together... definitely in for the long haul... and it looks like Steem could very well overtake the price of SBD... so I'll be super excited to 100% power up my posts if that happens!

I've wanted to ask you for a while, and I guess now is as good a time as any....

I 100% upvote all my commenters, because I want to encourage people to stay for a chat... but I've noticed most other people don't reward their commenters but instead 100% upvote other people's posts in support.

I'm constantly at a low VP (between 17% and 40%) so I can't do both... do you have an opinion on the most successful strategy to win friends on Steem?

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Yeah, I think you need to cut down below 100% for most upvotes. With your personality type I don't see you not turning back to upvoting a lot of stuff. Cut waaay back until that vp recovers, then raise the percent until you find stability.

I know... you're right... and I do vote a lot of stuff at 15%... but I still just get excited and think too many times throughout the day "This is definitely worth 100%". I definitely need to rein that in.

Thanks for the advice, you are totally on the ball.

I'm constantly at a low VP (between 17% and 40%)

That’s a problem right there. Walk away for a few days, and then keep it at least above 80% from now on. Above 90% is even better.

You're right, of course.
I'm actually going to be away for 10 days in early Feb at the Grand Canyon, where I imagine wifi is non-existent. I actually can't wait to get my VP back to 100%... it's not been higher than 60% since I started. I went too hard too early and never quite recovered.

You have over 500 SP now so you can change your vote %. Once I found out about voting power I was at about 30% and my vote was worth$0.00. It was a painful 72 with no upvoting. I did go a but comment crazy and apologised for not upvoting posts due to low VP. Many people understood and those who didn't wanted to know more about VP. So by not voting I helped them understand how it worked better too. If you did get back too 100% then your full vote would be worth $0.24 so even at a reduced % of let's say 25% woulkd give an upvote of $0.06 and increase your 24 hour votes from 10 to 40 without reducing your VP too much. Well worth holding off for a few days. Best of luck.

Thanks Aussie!
Yes, I'm often voting at 15% to try and build my VP back up... I was so happy to get to 500SP and I will never ever do anything to go below it (although I think with Busy.org you get the slider straight away, tip for rookies). The problem is that I still get too excited and still do 100% votes because I just want people to be rewarded for their efforts.

I had to start laughing the second I saw the upvote come through from ginabot. Honestly stop upvoting for the next frew days to recover it, it will be well worth it as right now you really are wasting all that awesome Steem power you created. Think of what a 0.24 vote would do for people verse a 0.01 vote. How much more excited they would be.

Although i like the idea of Busy and the VP slider bar pre 500sp when you have less than 500sp moving the power chang ed very little. So even when posting thru busy I leave it at 100% and just control my votes.

I know... I laughed when I voted you.

Okay, alright... I'll stop upvoting and just put effort into amazinggreat comments instead. It's hard, I appreciate everyone's kindness and effort and it's hard to not reward that to the best of my ability.. .but yes, obviously $0.24 is way more helpful.

It is soooooo hard. But will be well worth it in the long run! Best of luck!

I upvote my commenters but not at 100%....that will drain things very quickly....

I use different percentages based upon what is posted. Plus I also space out when I upvote the comment section...there are time I wait overnight and do the upvoting in the morning after my VP recharged.

I try to value my VP as precious....and constantly monitor where it is at.

If I am running low, like 87%-88%, I pull back from voting.

Actually I have noticed you do that... we'll have a great conversation and then much much later I'll see a upvote come through from you and have to figure out what it's for.

I monitor my VP as well... it's just tricky when you feel like you're in an 'account building' phase... but mostly, I just really enjoy everyone's work on this platform.

Yes I'm in that "account building stage" AND i love so much content!! it's hard to choose. i'm a social butterfly so going out and making smaller % votes is hard as i wish i could give more! but i love to spread my vote around. Until i have a ton of SP, that's just the way it is :D Happy to have the slider. I'm in the 70s% right now. I should probably pull back based on what you guys are saying, but maybe I'm addicted to steemit LOL :p

Hahahaha, I hear you loud and clear!
I always figure the 100% means so much more than the monetary value... but I'm probably wrong about that. If people would just stop being awesome...

haha damnit stop being so awesome ;P ! lol! i agree, 100% is more than the $$. when i see a hundo on my steemnow.com... i'm like, that person really likes me! hahaha

See... you get it... but if we keep along this addiction we'll never break above 20%..... sigh. I wish people could lend me their VP.

How do I make smaller %votes