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RE: Thoughts on a week with voting power.

in #steemit6 years ago

Understanding the system is worthwhile if you have the money to invest, either externally or from post rewards.

One thing I think is important to understand that a lot of people struggle with is the fact that the post payout isn't particularly meaningful. That can be very frustrating for people who are producing good content and not seeing large numbers. But the large numbers tend to be more correlated with who has money to throw around than who is making good content or even who is profitable.

One of my plans with this project is to make a post in a week or two analyzing where the rewards from these boosted posts are coming from.

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Hmmm ok.. invest how? Using bots or delegating with a group? My account is worth 350 or so and I can put some more into it. I’m just not sure how.

If you have liquid SBD, the basic Minnowbooster bot is great. @earthnation-bot is tiny but even more profitable and you're still eligible for it. If you prefer longer-term rewards with less work @steembasicincome is great if you expect to post every week for a long time.

If you have voting power, there are a lot of options for delegation and vote-selling and I haven't done good research on all of them. If that's something you're interested in you may have to do the research yourself.

Thanks for the help. I appreciate it!