How To Upvote and When To Stop - SIMPLE and EASY Explanation

tradewonk (71)in #steemit • 7 years ago (edited)

Still for many people Upvoting and Voting Power is still not understood by everyone, especially the new users. In this post I will try to explain it so everyone understand it. Upvoting is a big part of the "game" and it's fun and we like to see our upvotes make a difference. The more powerful your Upvotes the more curation rewards you get. I will use an analogy to explain how it works.

I will use a boxer as an example

Vote Influence

As a beginner you start out weak. Your punches don't hit as hard as a professional boxer and you don't always know when and where to punch, but you have that in mind that if you train more you will become stronger. Training will make you stronger. To work with your punches and make them hit harder you need STEEM POWER. The more STEEM POWER the harder you will hit.

The more STEEM POWER you get, the more influence your upvotes will have and the bigger your curation rewards will be.

MORE STEEMPOWER = BIGGER INFLUENCE & MORE CURATION REWARDS

Voting Power

like any other boxer, you can't just keep hitting forever. The first few punches are the strongest ones. They connect with most of your power.

The Voting Power decreases with each upvote and when you start with 100% then the upvote will decrease your voting power by 2% per vote.

After throwing punches left and right you will start draining yourself and you will become less effective with each punch. As you know, no one can keep punching and expect to have the same power behind every punch.
As your Voting Power goes down, so does your voting influence. The less Voting Power, the weaker your upvotes.

When a boxer's energy gets drained, he has to eventually stop fighting and recharge. No boxer fights everyday. They need to take a rest and after a while they will be able to hit at 100% of his power again.

Your Voting Power recharges at a rate of around 20% per day. If you deplete your Voting Power it can take quite some time to recharge to be at 100% again.

Boxers will drain themselves too much if they fight for too long and then it will take longer time to recover. They have to fully recover before the next fight, otherwise they will not be hitting at 100& of their true potential

Here is how to see your Voting Power:

https://Steemd.com/@yournamehere - Your voting power and stats will be shown on the left.
Skærmbillede 2017-11-04 kl. 14.44.53.png

Don't forget to upvote, resteem and follow me for more content.

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7 years ago in #steemit by tradewonk (71)

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alanjan (51) 7 years ago

This was a great analogy you used. I was confused about that voting power. I am glad someone clarified for me.

Now if we lease SP(Steem Power) for lets say a week or four weeks. Won't it be hard to get a return on your lease if you have to wait for recharge of your voting power at a rate of 20% a day?

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nocmnt (50) 7 years ago

If you cast 12 100% votes a day, your return (not considering compounding or the depreciation built into steem you can earn about a 30% return per 4 weeks. which to me sounds like a fantastic way to use the money that otherwise will be sitting in my savings account collecting dust while i use social media which is what i am best at anyway.

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nocmnt (50) 7 years ago

one more thing:
upvote at -1% the posts you do not care for or think should not be on here, and that overtime will add to how fast your voting recharges as that is an average of votes per day/ total SP power

good luck friend

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goel.tarun (52) 7 years ago

This is such a wonderful analogy. Rather than piling complex words, you've used simple analogy to explain how voting works here. Now, as I can see st Steemd, I can still pull some punches before I call it a day :D

Resteeming it. Many thanks for writing this wonderful piece.

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tradewonk (71) 7 years ago

Thx buddy, appreciate it! Upvoted

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cryptogee (75) 7 years ago

Really nice analogy and good info... though sometimes I just can't help it, if I'm on here, I just keep voting! The only way for me to stop is to walk away from Steemit for a few days, usually the weekends (ahem, he says on a Saturday)

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tradewonk (71) 7 years ago

Exactly, maybe i should that do that as well. Every weekend = No upvoted :-)

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ethandsmith (62) 7 years ago

This is an excellent post! I'll keep this in mind as a way to explain voting power to new members! Thanks for sharing. The boxing analogy is a fantastic illustration.

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tradewonk (71) 7 years ago

Thanks buddy!

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kazmii (49) 7 years ago

Thanks for the info!

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tradewonk (71) 7 years ago

My pleasure!

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papaudeme (57) 7 years ago

Really Enlightening post. Thank you

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1 vote

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tradewonk (71) 7 years ago

Thank you very much!

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stmitbackpacker (58) 7 years ago

thanks for publish

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2 votes

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tradewonk (71) 7 years ago

My pleasure!

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booster007 (66) 7 years ago

Your post was resteem by Whale ResteemService @booster007

Keep it up!
All the best!

First Follow for 3 hours | Send a minimum transaction 0.100 steem/SBD with post URL in memo | Your post gets resteemed | A post can only be resteemed once!

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