Good Article to remind us that we should hold onto good companies during bear markets!

in steem •  6 years ago  (edited)

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@angelfish wrote a good article today about Amazon and Apple. Both dropped over 90% during s Bear Market, but people who invested 1000$ USD during the drop would have investment worth over 20 million today.
It’s a short good read. You will find it here:
https://steemit.com/cryptocurrency/@angelfish/when-apple-looked-like-bitcoin-why-you-should-hodl-must-see-charts-from-history

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Wow!
I do see Steem hitting 1,000 someday but that someday could be 5 years or 50 years or never. lol

I have a curation question. I have read in a post by Dan Larrimer, one of Steemit cofounders that curation rewards can be increased both by timing and by increasing the amount you contribute to the rewards. I think this reference to “how much you contribute to the posts rewards” can mean two things:
1st the strength of your upvote in terms of Steempower and percentage of voting power used.
2nd the amount you contribute via BidBots. I think it may be mathematically possible to make your curation rewards greater by magnifying your contribution to the total rewards.
What do you think?
Thank you,
@shortsegments

If your vote is worth more you get more curation and at 30 minutes or later you get more curation. at 15 minutes I think you get half of your curation.
I think is you use bots at 0 minutes you can keep more of the curation rewards for yourself.

Thanks I understand the strategy of vote weight and time. I wonder if anyone used bots to vote on the posts others to increase their curation reward? But since the bot gets the curation reward I don’t think the increased post profit will exceed the bot cost.

I have the same train of thought. I think this is the late bloomers to crypto chance to get in at bottom prices before another crypto rise. I don't think we have hit bottom yet but even at today's prices everything is on sale.

I have a curation question. I have read in a post by Dan Larrimer, one of Steemit cofounders that curation rewards can be increased both by timing and by increasing the amount you contribute to the rewards. I think this reference to “how much you contribute to the posts rewards” can mean two things:
The strength of your upvote in terms of Steempower and percentage of voting power used. I have wondered if there was a way to use Bid-Bots to reward others and make money. But the Bid-Bot gets the curation rewards so it does pay to use them to upvote others peoples posts, as far as I can tell.

You want your vote to get in before the majority of the others. For the first 15 minutes the author gets allot of the curation rewards that otherwise would go to voters. The general rule for upping your curation rewards seems to be to get your vote in somewhere between the 15 minute mark and 30 minute mark. If you use a bot to vote on a post then its the bot that gets the curation rewards not the person who paid for the bot. The higher value of your vote on a post the more curation rewards you will get from that post based on the previously stated points and possibly others that I am unaware of.

It would be awesome if the person using the bot got the curation rewards. However I think that would make this place even more bot friendly then it already is.

Is it profitable hold on???

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You got a 35.96% upvote from @seakraken courtesy of @shortsegments! Release the Kraken!

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This post has received a 2.24 % upvote from @drotto thanks to: @shortsegments.

you received an up vote from danlupi with voting power of 100.00%. Estimated dollar amount of $1.24

I have read in a post by Dan Larrimer, one of Steemit cofounders that curation rewards can be increased both by timing and by increasing the amount you contribute to the rewards. I think this reference to “how much you contribute to the posts rewards” can mean two things:
1st the strength of your upvote in terms of Steempower and percentage of voting power used.
2nd the amount you contribute via BidBots. I think it may be mathematically possible to make your curation rewards greater by magnifying your contribution to the total rewards.
What do you think?
Thank you,
@shortsegments

yup that's true HODL is the key of crypto :)

hi , I followed you to be around :)

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