No Reason To Expect A Huge & Quick ROI For Delegating STEEM POWER To BidBot Or Communities: Let's Speak About It !

Hi, Steemians, greetings to you all! I hope you are fine as I am also fine.

The reality of being successful is investing wisely using your effort and cognitive skills

Let's talk about the Delegation of STEEM POWER to BidBots and Communities! Where lies our focal point in STEEM? I believe it lies on investing greatly to get quick and huge sum of ROI at the end.

Steemit Blockchain is a close-knit community, where by it members support and help each other. But, "the depth of a pool to the observer is always being deceived through refraction, in this case, the observer always see the shallow part than the deeper side."

Who takes the lion share of the ROI when a STEEM POWER is Delegated, is it the Delegatee or the Delegator?

The announcement of the whole issue of Delegating of STEEM POWER to BidBots or Communities to get huge and quick sum of ROI seems to have refracted, since the Delegator overlook the reality of this Delegation issue.

For instance, I have delegated #100SP which offers me a returns of 0.032 STEEM everyday, which means that for me to get 1 STEEM, I need to Delegate #3,200SP , to also double this ROI to 2 STEEM a day, I must Delegate #6,400SP. This is actually difficult for Steemians with low STEEM POWER to have huge and quick returns. Of course it will tend to benefit those with enough STEEM POWER.

The resultant effects of this Delegation of STEEM POWER is diminishing of the size of "Resource Credit(R.C) and Voting Power (V.P)." And these are the two key areas that sustain one in STEEM and to be able to do much in STEEM, something like upvoting for higher rewards.

How many times do Communities that we Delegate STEEM POWER for them upvote our posts? What they keep telling us is Steemians are many and they can afford to upvote our posts once every week or once every 3 days. At times, they evwn forget to upvote at all.

I am not in any position psyching Steemians minds or ideas not to Delegate STEEM POWER to BidBot or Communities, neither do I oppose the Delegation system. But I am looking at the clinical approach of how delegations is treated as far as the Delegators are concerned. I am also advising the Delegators not to rush and expect fast and huge sum of ROI as soon as they Delegate STEEM POWER to the Delegatees.

Especially during this time that the STEEM PRICES are still low, patience is the key. We are to also work hard and try to produce good content posts which can attract higher upvotes and rewards. I believe if things shall be well with all Steemian after the #HF21 and with the #NewSteem in place! Thank you very much for your time, and welcome to my blog.

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frankcapital (64) · 5 years ago

Great 3Speak video @oppongk

Glad to see you speak your mind about STEEM and BidBots and our COMMUNITY.

Collect as much STEEM as possible while the price is low.

By next year 2020 WE ALL in the cryptospace will be able to THRIVE!

Enjoy those NC Resources.

See you around my friend!
😎✌

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oppongk (75) · 5 years ago

Thank you Buddy for seeing this situation too, I am glad that you agree, hoping to see much with the #HF21 and #NewSteem and with the BidBots and Communities helping our Steemians a lot.

I delegated 33.3 SP

Looks like you are doing good!

Keep up the GOOD WORK!
😎👍

I have seen it in my wallet! I thank you for this single honour done me,,,, I want to chat with you on discord so that I can properly thank you.

No need for that @oppongk

STEEM/Steemit is ALL we need!

Gifting you a new planet.

Take care of baby Ghana!