It‘s been a couple of days since I joined the steemit platform and as a minnow with limited steem power and resources curation rewards have been hard to come by. With those with larger account opting to delegate or automate their voting power, minnows are left to come up with strategies which they can use to get at least get some share of what curation rewards that are left available. While you may not earn much initially using the following five strategies, they will ensure that you’re upvote doesn’t always go to waste.
Be the first to vote on the post you have chosen. While you get 25% of all the curation rewards if you are the only curator after 30 minutes of a post coming out, by that time it is more than likely that someone with a larger account than yours has voted before you. It is better to upvote from the 20 to 30 min mark of the post coming out and earn a smaller percentage of the of reward if the post is likely to attract future upvotes after the 30 min mark.
If you are voting purely to earn curation reward, take note of the author’s reputation and past payouts history. With your limited voting strength it may be wiser to vote for an author just beginning to make some earnings than an already established one who may have a larger following where you are less likely to earn any curation rewards due to possible larger curators with more steem power than you.
Conserve your voting power by voting a maximum of 10-12 times per day at 100% voting strength and then letting it build back to 100% power before repeating the process. Monitor your voting power at steemd.com/@yourusername and try to maintain voting power of 80% and above. Initially as a minnow you are disadvantaged by the lack of voting weight due to lower steem power so to maintain any chance of earning even a bit of the curation rewards you seek, vote at full strength but less often.
While there are some tags that payout higher than others, the competition for posts under those tags if very high and as a minnow your power to earn curation reward is limited. It is better to initially concentrate on less popular tags that may have a lower payout but will have better prospect of getting you some curation rewards before taking on the popular tags after you gain some steem power.
Due to the constant stream of post from around the world at varying hour's of the day and days of the week, the strategy here is to find the best moments of the day to curate new posts depending on your time zone. This may depending on the authors of the posts, if they do so manually rather than automate the process when their posts come out, there may be a time of the day when you will be able to curate content which suit your particular strengths thus your location becomes a key factor.
Finally, while the above strategies are but just general observations, they are by no means the only consideration to take into account when you curate content because even as a minnow and with the exercise of curation being subjective, the posts should deserve you’re upvote if you find that they add value and not merely for the rewards they may bring you. Take time to leave a comment on posts you have upvote as this is a way to increase your audience for your own future posts.
Image sourced from Pixbay.com
good info! thank you for the tips. following you back!!
@madpotters Glad the tips are helpful to you.
Good points.
I do disagree with your point about when to vote (voting power wise) - My observations (which I wrote down last month) have been:
100%, I have about 5 votes to bestow before they are worth nothing.
But... I don't have to wait until I'm back at full strength. I have yet to work out the magic number there, but if I wait a couple hours, I can vote at:
90% for 3-4 votes...
80% for 1-2 votes...
It's not worth voting if you're less than 80% really - you might get 1 vote in, but it's better to wait until you're at least 80% then.
I do think that voting power refreshes faster according to how much steem power you have - as I'm certain I can vote sooner now (61 SP) than when I had half of my current power.
Just some thoughts.
@viking-ventures Thanks for your input.
The strategy based on current voting power will definitely evolve as one acquire's more steem as this will also impact how fast the recovery will be and you will also eventually be able to vary how much voting % to give each upvote.
The assigned steem power of only (15 SP) for new accounts does however limit an effective curation strategy initially.
It sure does.
My main point is that the voting power to number of votes able to be awarded isn't constant.
Best bet is to write down (using steemd) your starting voting power and then the number of votes you are able to give your penny to... Try different numbers and see how it changes - see how much time you need to elapse before you can give more votes.
Good observations @tony19r , I guess you have many more discoveries to make on steemit. This could serve as a guide for other lost minnows.
@antigenx
Thanks @antigenx , I try as much as possible to understand the working of something before committing so me effort to it.
Welcome to steemit @tony19r :) These are some pretty intelligent observations for being here such a short time!
I know you are a part of the awesome community of @asapers, as am I, but I also belong to a group here called @newbieresteemday, and I'm coming back here with that "hat" on to upvote and resteem your post. If you click on the link in that message, you will find more information about @newbieresteemday, but basically we are here to welcome, support and mentor you; we also offer a wonderful group of people for you to get to know:) Here is a link to join our Discord group as well; it is an awesome place to meet others, ask questions, or simply chat to grow your community here!
Feel free to ask if you have any questions!
Thanks for your kind sentiment @lynncoyle1 together with the upvote and resteem .
I have indeed found some great people at @asapers who have shared their journeys together with providing some encouragement and I am glad to add you to that list and hope for more future interactions on @newbiersteemday Discord group.
That's awesome! The more people you have in your community, the better I think :) Looking forward to connecting someone on Discord then !
Hi @tony19r, welcome to steemit :)
Congratulations you have been resteemed as part of #newbieresteemday's top posts for the day! ...
We invite you to use our tag to connect with more of our members. To learn more: Come Join Us!!! (Newbie Resteem Initiative)
Thank you @newbieresteemday I'am honored and humbled by your encouragement.
Feel free to join my curation league @tony19r. There are plenty of small accounts playing for the chance to win some STEEM each week :D
@abh12345 How does one qualify and make a submission to this league?
If you could put a reply on this post below, I will add you in when I open the laptop. Cheers!
https://steemit.com/engagement/@abh12345/the-curation-and-engagement-leagues-bounties-available-sponsored-by-carlgnash-and-paulag
@abh12345 Thanks, will leave a reply so count me in.