After some research, I finally understand what is voting for.
A vote in Steemit help others to earn some Steem Dollars (SBD). Unfortunately, due to unclear understand of the formula of voting as beginner, I voted nearly anyone who voted me as the beginning to show my support to them. This actually is a misfortune as my vote is nearly worth $0 due to the voting power decrease over time.
Each time we upvote either a post, comment or reply; our voting power will be decreasing 2%. Eventually, it will go down to 0% if this continue.
As you can see in the screenshot below, my voting power is less than 28%. Which means if I continue voting foolishly, I can't help others to earn too. Therefore in the meantime, I will restrain myself to continuous vote even though is fun and supportive to others.
[Source Image: Steemd.com]
Until my voting power is recovered, I have to apologize to my supportive voters in regards to this situation since I am not able to vote at the moment. It required 24hours to regenerate 20% of the voting power. I have to wait for a few days in order to vote again. When my voting power is near to 100%, I will be start voting again and hopefully the rewards to vote is much more valuable to others.
Until then, stay tuned for more updates!
Hahaha... all newbies learn this the hard way, unfortunately... :)
Never mind, once you learn, you'll know for good!
All the best for your steeming... Cheers!
Yeah, I learned the hard way. Thank you for dropping by. Appreciate it.
here.Congratulations, you were selected for a random upvote! Follow @resteemy and upvote this post to increase your chance of being upvoted again! Read more about @resteemy
I'm new and was catching on to this and your post clarified things for me it was very helpful I followed you so I can point others here
@protopshelf Thank you for visiting. I will share more when I have the times and bandwidth. Most of the time, my #steemit bandwidth is near to be deplete due to overwhelming respond. Sorry if I may not able to reply.
Very valuable lesson. Thank you! (I just upvoted this lol)
@nazirullsafry Thank you for visiting . I am still in learning stage.
Same here :) Lets grow together
Thanks but what does one need to do to increase his voting value @legendchew
SP (Steem Power) we have. While SP is influenced by the Steem cryptocurrency market price.@prinzo: The voting value is based on how much
The easiest way to check the value is using the upvote calculator:
https://steemnow.com/upvotecalc.html
Thanks a lot for the info... I really do appreciate it
Even though the post is two years old it's still helpful. Thanks for the info.