Tutorial: You can WIN a Lot of Money with your Votes! (Curation)

in steemit •  7 years ago  (edited)

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In steemit you can win in two ways: doing post or curation (giving votes). Curation in Steemit allows you to earn a fraction of 25% of the earn of the article.

Here I am going to give you a strategy to earn a lot of money with your votes. But first let's see some basic concepts:

The money collected by an article is distributed as follows: 75% for the author and 25% for the voters (curators)

Voting money depends on three factors: Voting Power, Time of Publication and Steem Power

1- The Voting Power: you can see it in the page https://steemd.com/@(your username).

For example: the page where the Voting Power of @mitiendabuena is https://steemd.com/@mitiendabuena

Each time you give votes the Voting Power decreases and when you are not voting it is recovered (approximately 10% every 6 hours). When you have high Voting Power, your votes generate more money to the article. It is advisable that you keep it above 75%.

VOTING POWER.png

2- The Publication Time: when publishing an article the money of your vote is distributed in the following way:

0 to 3 minutes: 100% of the curation passes to the author, 0% to the voter

3 to 6 minutes: 90% of the healing passes to the author, 10% to the voter

the distribution percentage is linear until it reaches 30 minutes

27 to 30 minutes: 10% of the healing passes to the author and 90% to the voter.

After 30 minutes, the voting money complete passes to the curators who gave their vote as of this time.

3- Steem Power: more Steem Power more money by your vote. If you get to have 100.00 Steem Power, your vote can give up to $ 6 to the post. I have seen people who charge for their vote because they have a lot of Steem Power.

The strategy to win more with the voting is the following:

1.- Elevate your Voting Power up to 100% so that your vote generates more money for each post.

2.- You can give your vote to the best articles that are worth supporting. But you can also vote for popular articles for the sole purpose of investing in curation. If you decide to do this last, I recommend you vote for articles that meet these characteristics:

  • They have more than 30 minutes of published.

  • They have 4 times more dollars than voters. The fewer voters the higher the commission for each one.

Examples:
An article with $ 100 and 20 voters, hands out $ 1.25 for each ($ 100 x 25%) / (25).

3.- When you make an article, put the default reward at 50% / 50%, because this makes the article gain half for steem power and half for SBD. And check the box "Vote Publication", because that way you can be the first voter in the first minute and all the money of your vote goes to your article.

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4.- I recommend that you vote every morning and every night every day (3 or 4 well-chosen votes on each occasion), you can use the "eSteem" cellular application to make it easier. In this way, after 7 days you will begin receive dividends every morning and every night.

I hope these tips will help you.

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TnQ for shAiring

Have you tried smartsteem yet? It let's you sell your vote automatically and rewards you by paying out SBD. On their site you can click the blue calculate to see what your voting would earn you in rewards.