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RE: Steem/steemit experiment part 1.

in #steemit6 years ago

I've learned something new a few weeks ago, where I was convinced (after the HF troubles) that I read over and over to not vote within 15 mins after posting, you can really grow curation rewards even with accounts as little as 50 to 100 sp in them. Where those accounts barely had 0.02 curation weekly before, they now have 0.1 to 0.2 per account. These are accounts I play Steemmonsters with, and I thought I'd might as well try to get some SP by curation.

Of course this is nothing compared to people with a higher stake, like yours 4000, I don't even come close with my own account here, but my account is around 750 SP (not sure at the moment because of delegation to another account of mine) and I have around 1.3 SP weekly curation earnings. And I don't go to much trouble to get that.

Imagine what it would be if I had 6x this amount of SP... Then it would still be a nice way of extra earnings.

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It is the difference between me curating manually, before the 15 minute threshold, slightly after the same, and delegating to smartsteem that intrigued me most, it seems to be a huge gap, leaning towards delegating rather than manual curation.

And with regards to the 15 minute idea, I have read conflicting versions, some say the earlier you vote (before 15 minutes) the more you stand to earn, others say the exact opposite, so I have no idea which version is true. Maybe abh12345 can advise?

I can tell you at least how it works, and you can decide on your own strategy with that info.
Curation rewards on an upvote at 0 minutes are 0%, and at 15 minutes are 25%. That's the max, and they go up proportionately in between (12.5% at 7.5 minutes).

There are some good posts by @miniaturetiger out there about the nitty gritty of curation. My simplistic advice is to never upvote before 7 minutes, because you'll just lose too much to the algorithm. After that, and up to 15 minutes, it's a guess about when the big votes will come in. You're trying to precede the big votes by just a little (though after 15, it doesn't matter by how much you precede them).

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Thanks for the info, much appreciated.

My pleasure!

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Yeah, I'd like to hear @abh1245's vision too :) he probably knows best. I know that when someone told me a few weeks ago to vote early (following my vote with these accounts) even the 0 cent votes are earning more curation now.. It will never be 20 SP a week (at least not with these amounts of SP lol) but I've seen it grow.. so every bit helps..

It does indeed. :-)

I noticed right after the HF this time that my curation had doubled without me even changing a bit, and I thought that I was doing it right .. but now I noticed it can be better to vote early, but it also depends on how many automatic votes a person gets.. it will take some time to research, and I only made a few small changes in the auto vote timing.. Too much work to do the rest now lol..

So many variables involved like external market prices of steem - SBD that I doubt we will ever come to a concrete fixed idea on this one. :-)

True, maybe Asher will bump in here to give a few tips though:) I will keep an eye out for his comment haha. I'm happy with the growth of my curation, and it's fine for now.. maybe I can get a bit more out of it if I would spend time on researching the accounts I vote, but that's not on my priority list any time soon haha .. Have a good Sunday!