How Many Upvote Should I Do a Day? - Voting Power

in #basictraining7 years ago (edited)

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Hello guys today we are going to talk about how voting and voting power works and what is the difference between someone who generates 1 cent and someone who generates $20,000 with one click. A fresh new account that you just created without any Steem power, your upvotes will only be worth one or two cents.

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I have 455.735 Steem voting power invested in my account which I cannot access for 13 weeks. I should generate 17 cents. How do I know that? First of all, when I click on Upvote I see that I'm generating 17 cents on 100% upvote.

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If you want to know for sure you can go to https://www.steemnow.com/ and put in your name where the username is. Here you can see your voting power and the worth of your upvote. As you can see my upvote is only 5 cent at 30% upvote. If it was 100% it would be 17 cents. Every upvote I do burns 2% of my voting power. If your voting power goes down to zero, your upvote will worth zero.



Every day your account regenerates your voting power by 20%. In 24 hours, you are regenerating 20% of your voting power. In order to keep an equilibrium, never go below 80%. That also means you can do 10 upvotes with 100% every day without worrying that you will run out of voting power. Of course, you can do more than that but then your voting power will go down and when it goes down the amount of your upvoting also goes down. My voting power goes down to 30% so I can only generate 5 cents at the moment.


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Let's compare to the strongest account on Steemit. The Steemit account which is called Steemit.


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So I change the name to Steemit and here you can see they have 100% voting power but they haven't upvote anything yet. If they would upvote something, one upvote with 100% would create $20,000 with just one upvote. 😱 And can do 10 times each day. They have 65 million SP(Steem power) as you can see here.

So to wrap it up, only do 10 upvotes a day with 100% upvote a day. I just want to say thank you to everyone for the positive comments I've been getting. You guys are awesome!


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Awesome, that helps clear things up about voting power a lot for me! Thanks!

Your welcome @mk3jetta glad I made it clear :)

wohooowow - Dude - whats going on with your account?!
Since my last visit and resteem of your drawing dollar note your on fire like hell!

RESPEKT!

My votepower is low and i use my small votes for my commentators on my LV 50 Party Post :) But i will send you my voteassistent Otto :)

Steem on!

@peppermint24 Thanks for dropping by. It has been a while. I see that you're not doing too bad yourself. Keep going!

Yeah - i found it - out of our first days here on steemit.
Your reputationlevel was 30 - 29 days ago :)
https://steemit.com/deutsch/@peppermint24/wow-von-ihm-wuerde-ich-mich-sogar-taetowieren-lassen-3d-art-perfekt

I see that you're not doing too bad yourself. Keep going!

Thanks - i try my best.
I think 2018 will be a great year here.

Steem on!

There is no chance to get out of your way! ;D
@peppermint24

Thanks @vaansteam - one of the few posts that I can actually understand the voting mechanism! A question, though: you mention you invested in your steem power - what's the reason (other than altruism) for adding to the amount that others receive from your upvotes?

There many reasons why you should invest in Steem power. You can support people for their post, you can promote, your service you can reward and you can earn curation reward. @willcottrell

Thanks - so your curation rewards are higher if you have more steem Power?

I know that's insane! I wonder how much money do you need to invest to get to that level?

With the price of Steem right now, you would need 13 million Steem

you are really amazing .............. great information .

Oh my gosh! This is the first time for me to win something in Steemit!

I always love reading your posts as they are very easy to comprehend and everytime I do, I already feel like I've won something since I always have a takeaway from your posts.

And then you give me this? Feels more like I've won the lottery! Hehe
Screenshot_20180120-222515.png

I would have upvoted you using the platform you suggested but it's still under maintenance. I'll just do it next time and upvote you here for now.😅

All the best!!👊🤗

You're too sweet! Congrats again on winning! Thank you for always reading my posts and commenting. You're the best!. Hope you enjoying your day :) @superstarxtala

😄😄
Hope you enjoy yours too.☺

One other thing you could mention and I remember when I started I was wondering is, when that slider appear, that you can choose how much (%) of an upovote you want to give to specific post. And it is 500 (or around there) Steem Power.

Because of this, my first bigger goal is to get to 500 Steem Power. I'm about half way through, and you are very close ;-) (edit) Actually, if you convert your SBD to Steem Power, you are there! Congrats ;-)

Thanks for pointing that out. Yes, you'll need 500 to get the bar. It will eventually come. Good to luck on your goal. Have a nice day! :) @veleje

There is a way to use the slider before you get to 500 steempower!!
I can give you the link to the post, but its only in german ;)

https://steemit.com/deutsch/@obvious/keine-bandbreite-mehr-zu-viel-upgevotet-ein-workaround-fuer-mehr-aktionsfreiheit

Maybe you can translate it! There are also pics...
Good luck!
greetings, @happy.food.life

Thank you.
I'm aware, there are some chrome extensions that does this also among other things, maybe this is the same thing, but you need to use, enter into someones else program, your key and for that reason I decided I will just wait until I get to 500, I'm a little over half already :-)

As far as I know, you don´t have to enter in someones else program. But what do I know! ;D

May you reach the 500 soon!
Mo*

Ahh cool, so it is not the same thing, will check it out then. Yesterday I was bellow 90% so I upvote you today. Better late then never ;-)

Oh, thanx!!
Hope it will help you!!
:D

Thanks for the info. Definitely appreciated.

Thanks for the post, you shed the light on our darkness.

Glad I was able to help. Let me know if you ever have any question @doublea85

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