You are viewing a single comment's thread from:
RE: Best Use of 11,000 Steem Power?
Best curators could manage to earn about 1% of theyr total SP as curation rewards weekly, that's about 50% per year.
Average curators ( like me ) are doing about 0.5% , it looks like your earnings on curation could be improved .
Ya I feel like curating is probably the best thing to focus on. I'm sure my curation has been really weak too, although slightly better recently.
At first I thought of curation as like a bonus "oh if you happen to curate a good post you make a tiny bit for nothing, neat" .. but recently it's dawned on me that it's just an aspect of your Steem Power investment, that you're actually giving up value to not curate effectively (just like you'd be giving up value to not earn the same interest as everybody else).
I doubt I'll put a ton of effort into curating optimally (I probably would if I were a whale), but I'm going to make a better effort to at least use my votes and stay active with it.
Recently I had a talk with someone saying that he could make good results spending only 20 minutes a day on curation
https://steemit.com/steemit/@alexgr/curation-income-might-be-more-lucrative-than-originally-thought-for-small-investors#@alexgr/re-svamiva-re-alexgr-re-svamiva-re-alexgr-re-svamiva-re-alexgr-curation-income-might-be-more-lucrative-than-originally-thought-for-small-investors-20161003t101105642z
Ok thank you. Ya I need to work on that. Do you know .. if I promote someone else's post and it makes money, do I get some of that for being a promotor? For the sake of argument..what if I don't even upvote..but just promote..do I get anything?
If you just promote you don't get anything .
If you upvote first and promote later you could theoretically get more curation reward making better exposure for this post, but it's very unlikely that you'll get enough to cover your expenses for promotion.
Reblogging is free so it makes sense .
Ok thank you!