Optimise your voting system by reading this article carefully!
11 days ago I voted at 100% (with a total of around 5,500 Steem Power behind my vote) for an article written by @jockey entitled:
Horse Racing - Corruption & Cruelty : An Insider's Perspective
I placed my vote 30 minutes after he published the article, at which point the pay-out was around $2
As you can see the article payed out a total of $27.48, which was split between author & curators.
So what did I make from my vote?
My 100% vote would have been worth around $0.80 at that time.
With this in mind, I scanned through my list of curation rewards to find the answer.
As you can see my reward was 1.861 Steem Power, which today equates to $2.80
So my actual earning from that vote was around $2.
Which is pretty good right? Though we must bear in mind that the value of Steem has risen a little since I placed that vote.
So, based on this information I can see that if I voted at 100% for 10 articles per day which were all in a similar situation to the one written by @jockey I would looking at $140 a week in curation rewards!
Check Steemit's explanation of how the voting percentage works:
What this says to me is that 10 well placed votes (per day) at 100% are much more effective than 100 votes (per day) for popular articles at a lower percentage.
This is Tactical Curation!
It is clear to me now that a vote at 100% for an article written by someone without too many regular upvoters is a much more effective vote than for someone who has many regular upvoters.
@jockey has 292 followers and received a total of 47 upvotes for this article, most of which came after I had placed my vote and resteemed him to my own group of 1400 followers.
Those of you who follow me will already know that I trained @jockey in the art of Steemit (because I knew that his life experience, interests and writing ability made him PERFECT for this platform) and have been supporting him 100% during his first month on the platform, so I am in a very good position now to benefit from his ongoing success.
Can you see how our willingness to help others comes back to us in spades?
I can!
And I love Steemit for that.
In Conclusion
When choosing the best people to vote for, keep in mind the following questions:
Are they receiving a low number of upvotes?
Are they receiving decent pay-out rewards?
Are the majority of these votes being placed after the 30min point?
If the answer to these questions are all yes, you have found the right person to vote for. Get your vote in at the 30min mark when your curation rewards are at 100%
Here is Steemit's explanation of the vote timing algorithm
Once you have placed your 100% vote at 30mins, then resteem the article to your own network, encouraging your network to do the same, spreading it to as many people as possible. If you're really keen you could even do some post promotion for them on steemit.chat and Discord!
The Curation Guild
You may be able to propose your selected article to the Curation Guild in Streemian if it fits the following guidelines
If the Curation Guild select your proposed article they will send you a reward of 10 Steem
and you will also receive your vote curation reward on top of this.
Making this situation a rather enjoyable one :)
Hope you learned something here.
Keep following for more!
You don't have sit and wait for the 30 min to expire. You have 7 days to to upvote a post. Waiting 6 days will give the the best chance to see if it's a good investment. Nice post samstonehillm
You are right. However you only make curation rewards with the people who vote AFTER you. So if you wait 6 days you are unlikely to catch much steem. This is why 30mins is the optimum time.
Ok that makes sense.
I wander if this works the same when voting on comments?
nice post @samstonehill! I'm sure I'm probably not really maximizing my curation rewards, but that's also because I tend to spread "a lot of love" among comments as well. But it's all good, as I feel that helps me (and others) even more in the long-run.
I had heard of @curie, but only really learned about the project a few days back when @lindahas, who I've been trying to give a bit of a boost due to the great heart-felt articles she's been writing (especially as a newbie steemian). Turns out she was recently submitted to @curie by @deserttree and won a full vote (her post is currently poised to payout over $150)!
As you can imagine, she was pretty ecstatic about it! Write great posts and content, and sooner or later, you will be recognized and appreciated on STEEMIT! :)
I know what you mean about spreading the love amongst comments. It feels right to do it when appropriate. Even though you know it is unlikely you will receive any reward for doing so.
And yes, the Guild are amazing! They've been around since I started. And I used them a bunch to boost me many times before my rep went above 52. I owe them big time.
Am working on the creation of a Guild of my own now. Designed to curate the work of those who are being guided by my Bali Steemit School, all of whom will fit perfectly into the optimum reward category. Perhaps you might be interested in joining this guild? I am looking for a total of 12 people willing to gives upvotes at the value of $1 to our selected posts before resteeming them.
Everyone involved will benefit and as the power of our guild grows we will be able to look beyond those who have been trained by my Bali Steemit school!
unfortunately Sam my votes aren't quite worth that much yet (though they were worth nearly $2 each for a while after HF19), that was kind of cool! :)
Also, I don't tend to be a big resteemer, not directly at least because of the feed clutter. I generally prefer to "resteem" post links in my comments and posts (when relevant, of course). Sort of like my version of a resteem with added "color". Granted, I've resteemed a bit more though since I released "Hide ReSteems", but of course it's not something most people are using, well, not yet at least!
Are you also planning to post summaries as well, sort of like @happyphoenix does? I've found his posts great at catching and upvoting posts that I may have otherwise missed earlier on. Of course, that doesn't work to "maximize" curation rewards, but for me it's all good nonetheless. :)
so many projects going on it's hard to keep up (-:
You gotta keep your ear to the ground around here :)
That is an excellent breakdown thanks @samstonehill! I've upvoted you at 10mins because you deserve the reward 😊
hahaha! Good man. I appreciate that very much :)
good information, even if I have more than 10 votes to give each day - my choice, of course. :)
Thanks for the comment. I should probably have added that I don't actually stick to my own system! I am driven by my love & respect for certain people and also members of my Facebook group. There is no incentive for financial gain with them. I simply enjoy giving :)
But those who wish to look at this as a business venture, will naturally take a different route.
As you say, it's our choice :)
I burned through 60% worth of voting power in 20 minutes :(
Hard to hold back from voting on something I like even when I know I'm out of power
yeah, we gotta ease off the gas
haha! Know that feeling. Take the weekend off! It's the only way :)
I still have a long way to go before I'm curating properly. I have this habit of upvoting posts that I read and find value in regardless of whether it already has a load of votes. My VP has been below 40% for the longest time and is mostly always on the 20-30 range ._.
Mine went down to 0% before I realised what was going on! We live and learn :)
I also love to vote 'on the fly' as it were. And for comments too.
Tactical curation is not for everyone. But for sure there is money to be made if the game is played intelligently :)
Wow! I didn't know it can even deplete as I did read it usually recalibrates itself at 25%. I'll probably give tactical curation a go once my SP is actually a little higher because as it is, it barely really registers. Thanks for the post :)
I have a few more tips for you, but they are probably mentioned in the comments already, but great set of tips here thank you.
Great to meet another of the early adopters here! Looking at your account I see that you fit my tactical voting demographic perfectly! And I've just added you to my autovoter ;)
I am curious to hear what your extra tips are?
Thank you, really kind of you. If you have steemit chat I can mention them to you there or anywhere you would like.
That would be great. What is your username on steemit.chat?
Wow sam really help full your a steem guru ! hot baby ! oohh lala
Thanks dude. I've worked very hard over the last year to gain this knowledge. I really believe in this platform now and the more people we can get using it, the more likely it is to keep rising in value.
Am just working on the advert for my Steemit talk at Hubud next Tues. The organisers want to do a live stream of it on YouTube. So the talk can be watched live-time through an article on Steemit which will have the YouTube link.
I'm not sure anyone has ever done that before???
That's one of the cool things about Steemit. It's not too hard to break new ground as it's all still so new!
I was found by a curation guild yesterday and wasn't expecting it at all.. Didn't even know what it was until I found this post and didn't know who to thank. My post exploded from 0.09$ to 150$ in a minutes time. Funny that I wasn't even going to post anything yesterday and decided to do so an hour and a half before I had to go to work.. almost got late for work hehe.
Very informative post. Steemit is a great platform because of posts like this. Thanks for the help
pleasure :)
Thanks so much for this wonderful articulated write up. I have learn a lot from it
Thanks once again.
There is a lot to take in at first. It's good that you learned this earlier rather than later :)
awesome Sam, really helpful to find people to automatically vote for...
What is so great about this, is that it incentivises the support of newcomers :)
oh, i misunderstood, i thought 15 min. was the sweet spot (some people say 20, not sure why), but you're saying 30 minutes... but then after 30 minutes it goes down steeply? I just started playing this game, so yeah, i've just been dividing the dollar amount by the upvotes, so not voting for $100 with 100 votes, but $50 with just 10, etc. Right? peace
There is much to learn I am still picking up new tricks every day. And finding myself quite confused at times!
But am happy to have done some research now on this particular subject. I can see that many of the people who were once making a ton of Steem are no longer making so much. Due to the reality that the curation system incentivises the support of newcomers.
intriguing, thank you
I'm waiting for a whale so i can tactically curate this post... haha (-:
haha! :)
By the way, what is the best website to track curation totals? ty
On Steemit.
I mean estimates for upcoming rewards, like from upvoting recent posts. I didn't know if there was a site like steemviz or steem.supply that tracked that. Or maybe that's asking too much !! (-:
I track my votes and rewards through https://www.steemnow.com
Though you can't know what your reward is till the 7 day pay-out moment.
And I don't know of any sites which track the growing reward over the week.
yeah, thank you ... I shouldn't ask for too much! peace
Try https://steemnow.com/
I think the only thing I don't like about it is that it doesn't show a curation total for the entire week. It just shows the latest rewards.
hmm, thanks... i'm not sure if this quite fits the bill, but i'll keep investigating it, have a good one !
I tried. I think I know what you're looking for. However, I haven't seen a tool that does that yet. Most of the time I have to manually check my curation awards which is rather time consuming.
Ah, I see you have already given the correct response to this. Thanks :)
I see, thanks for the heads up !
So is it best to upvote your own post? That little box is always checked when I post, but I've wondered about it...
Good question! I would say yes, but I've not done any research on this.
HolySmoke! ... this post has been uPvoted at 100% Power... Following...
thanks ;)
@samstonehill - This is quite an insight into the curation process indeed. Tactical is absolutely correct. I had not really applied my mind to curation though I regularly upvoted good blogs from other minnows Thanks for this excellent tutorial. Upvoted
Thanks for your comment. This is a very business minded approach to curation and not necessarily one that I recommend or even take myself! I love voting for friends, family & comments. Regardless of pay-out :)
But facts are facts and I am happy to observe and record what I learn here...
it means, if I will place my upvote for @jockey 's articles at 29th minute, I should gain a valuable reward too?
Yes. At 30mins or after, 100% of curation rewards are for you. So at the 29min it would be more like 99% to you 1% to author. Voting that little bit earlier means you are more likely to ride the wave of other peoples' votes. Your curation rewards come from those who vote after you.
This post has been ranked within the top 25 most undervalued posts in the first half of Jul 25. We estimate that this post is undervalued by $21.35 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jul 25 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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Nice Post
thanks :)
Great read. I'm glad to have came across this article on my first day! Thanks a lot.
Great post...i really enjoy reading..thank you for the information,guidance...really apreciated...