I joined steemit a little over two years ago. Saw when prices where about $0.30 like we are seeing now today and then the run up to about $8 per steem and SBD being a stupid high amount like $13 lol
Since then SBD has been updated and show much better hold the $1 price point but it still struggles and have about a $0.10 up or down on it so considering it a stable coin seems far fetched to me.
Through those times I worked on building my community by doing giveaways and giving back in upvotes. But it seems like most people have either left or no one really curates at all around here.
For the most part it seems to be passed back and forth between the top 50 people here on steemit which honestly sucks.
However I learned my lesson and now that communities are out I was determined to be a whale in each that is interesting to me.
Here are my current stakes and why I invested the way I did and what I plan for the future.
Community Breakdown
Please note that numbers are subject to change from this posting and more importantly the vote value.
Miners Owned: 71 LEOMM - Rich list placement -16th
Current Tokens: 7467.61
Vote Value: 6.63 LEO
Rich List Placing: 33rd
Future goals:
Accumulate 25,000 SteemLeo and begin to do a 80/20 split keeping 80% and selling 20%
Miners Owned: 13 NEOXAGM - Rich list placement - 1st
Current Tokens: 48,083
Vote Value: 298.75 NEOXAG
Rich List Placing: 6th
Future goals:
Accumulate 100,000 NEOXAG and begin to do a 80/20 split keeping 80% and selling 20%
Miners Owned: N/A
Current Tokens: 32,159
Vote Value: 63.96
Rich List Placing: 81st
Future goals:
Accumulate 250,000 SPT and begin to do a 80/20 split keeping 80% and selling 20%
Put towards DEC Token
Miners Owned: 55 PALMM - Rich list placement - 1st
Current Tokens: 6,046.81
Vote Value: 1.456
Rich List Placing: 37th
- There are number of others however they are currently not my primary ones as they are either to new or simply not something I am interested in (the point of communities). Those include GoodGame, Weed, Battle, SCT
SIDE NOTE
The only issue I am running into is I hardly use my voting power across all networks since it only counts for curation if someone posts under all tags. I feel like soon we need a way to mage and be able to view voting bars across all platforms.
I am in most of these as well! I have seen others around the community create accounts from these front ends to follow their own upvotes to go after curation.
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thats exactly what im doin, trying to be a collector of passive income, im 17 years old and the emotion of getting little payments daily from different sources its so exciting
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You are way ahead of many then my friend. Keep at it!
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A cool objectif. ;)
Do you know how to get the aridrop of Neoxian?
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Had to have been a citizen in the discord channel or higher when it took place
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Tribe communities wouldn't work without the awesome steemians who involve themselves in the process by supporting through content creation, curation and (optionally) even picking up miners. It's awesome that Steem is filled with some of the coolest people on the planet, and that's why this place is going to the moon.
may not be a Steem whale.. but that's overrated now ;) tribal whales are way cooler
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I found my niche with @reggaesteem but i'm not sure it has broad appeal. I like your plan to build and then do an 80/20 . I'm still very much learning the technical side of things even though I've been steeming here for 2 years. I don't like how my steem voting power gets lower when I vote in a tribe. I may have to make new accounts and delegate my tokens to them so I don't lose so much mana when voting.
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Good strategy advice, what do you do with the 20% you sell? Turn into fiat?
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I honestly think I will use it to buy more steem and power it up for the time being
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Oh, wow, so still a firm believer in Steem ;)
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Lol not much confidence but playing the long game to stock up a lot just in case smt comes out and it goes well
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I am glad that you wanna support all listed communites with your vote. It's sad, but true that you can't vote with slider for each tag so you have more loses of your invesment. I hope so that it wil be changed in the future, becuase nobody want make many other accounts just for throw a vote for specific tag.
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Good to know about your treasures and future strategies. All the best to you!
FYI, most of my posts have 3 of those 4 tags ...in case you like to curate 😉.
As of now, I'll recommend you my following post:
https://steemit.com/steem/@xyzashu/split-your-scot-tokens-to-different-steem-accounts-for-better-curation-rewards
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Wow, that's a great start @bitcoinflood, very impressive. It would be a great addition to single out perhaps a community or communities you are voting with so that we can avoid tag abuse and not have to create a new account for each of these.
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How did you find out the number on the rich list!
Besides that you are doing great! Way better than I am doing!
cheers,
Peter
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So steem engine has a block explorer database you can access the link is https://steem-engine.rocks/tokens/LEO/richlist?page=1&sort_field=stake&sort_order=desc
Just change LEO with the token name you want to look up. I sort mine at the moment based on staked amount.
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Thanks! Now I can see how I am doing :)
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@bitcoinflood, Awesome, Steemengine, Scotbot and Communities now giving opportunity to planktons also, to become a Community Whale 🐳. Good wishes from my side and stay blessed.
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You are a Giant Fish my man!
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That's what I am calling a good investor. Getting involved in every new tribe that pops up is a good thing. Not every tribe is gonna be the next big thing, but the ones I see on your list have great potential.
A side note:
It is probably the only "stable" coin that you can also make profits of it. It always returns to its peg and the way I see it now...7 - 8% in the next few days when it return to 1$ is a good deal. I am buying sbd's from time to time and then trade it...
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Yup this is true but it for sure still is not stable lol
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Sounds like a great strategy. I hope a voting slider of the different tokens can be implemented so you can adjust how much you vote on things.
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I used to talk a lot about how we should change SBD to peg it better to USD, but now I don't think that's the case. SBD is one of the best coins to give an accurate representation of whether the market at large is overbought or oversold.
Instead, what we should do is implement another coin with smart-contracts to mimic MakerDAO. If we begin to lock up Steem to collateralize a coin pegged to USD it will hold the peg much better. It will also take Steem off the open market and allow users to margin trade the new stable coin just like you can with DAI.
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Congratulations @bitcoinflood! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
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Vote for @Steemitboard as a witness to get one more award and increased upvotes!
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Hi, @bitcoinflood!
You just got a 13.91% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
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Amen, sir. I’ve been around a bit less than you...I had the privledge of bombing my money into $6 Steem 🥴....but happy to still be around long enough to see communities and smts arrive. Proof positive ... is likely never have found this post if I didn’t have a stack of LEO sitting at full voting power ... and I’m pretty much -always- looking for analysis on steems price as this sorta content is NONEXISTANT outside the platform. Kudos to improvements connecting strangers, like you know, how Steemit is supposed to work.
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