Curation strategy: "Covering the board"

in #curation10 years ago (edited)

Last week, due to lack of time, I kind of shifted my curation strategy. Not having much time to read, I still had to cast my votes for something. So I generally tried to upvote posts that had less than 1$ - preferably near 0.00$ (and after 10-20-30 minutes have passed - the later the better).

I voted for posts which based on what I saw on my feed (author, content type, title) seemed to have a potential to go upwards.

This type of strategy seemed to have worked because at some point I've peaked at 4.5 SP in curation rewards in a day, when I wouldn't gain half as much.

Note that my upvote is worth 0.01 to 0.02, so 40 votes per day x 0.02 = 80 cents max of upvote value (typically less than that - around 50-60 cents).

Now, 3 to 4.5 SP in curation rewards can be like 3-5 times higher compared to the 80 cents of my upvotes. And I wasn't even using all of my upvotes in this way: I used some for comments and posts that had already large payouts.

Now, that is kind of scary because if I was a whale I think this would work even better: I would spend just 1-2 of my large votes, by splitting them in 100 to 200 votes of 1% power and upvoting, say, 100-200 posts, following the same rationale of picking undervalued posts as I used above (posts near 0.00 which seem to have some potential due to title/author/type of content).

In this way I would be following a "cover the whole board" strategy where a lot of my picks would be winners - since I've picked almost anything upvote-worthy. Other whales would HAVE to vote for something and the vast majority of them obviously won't be voting for total garbage. So, they'll HAVE to hit some of my upvoted links. And my <1$ worth of my upvote is not going to dissuade them from adding their vote on my vote - because it's not going to shave that much of their curation reward - but it should still be very profitable for me, even if I discount all the "misses".

So if I am a whale and have covered all the good-looking-posts (pretty easy in our current phase due to the lack of content that there is), insta-voted anything undervalued of high-rep, etc etc, then when other whales vote on the content, I should get a good multiple of my vote's worth.

And even if the content I upvoted is not the best quality, there's not much to worry about: It's just a few cents worth of upvotes. The reputation implications are probably higher.

Now, these 1-2 votes which will be avoiding any already voted content with any value >1$ (preferably not >0.1$), instead of getting me 25% of the upvote value of a full power vote after the 30m mark, would probably fetch me more than 100% of its upvote value, if my experience with 0.02$ votes (>300-500%) is anything to go by. This should be a pretty good return.

With the 5 votes recharging change, things might change quite a bit, so we'll have to wait and see how something like that will work in the new incentives environment.

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I've only got 50 steempower. I wonder if this strategy would work for me?

Interesting idea. We shall see how it pans out, keep us posted.

Every day that I didn't have much time and implemented a gamble-type vote on high-upvote-possibility people, I got pretty good results. IIRC the day when I peaked at 4.5SP, I also had 2 of your posts which I upvoted while they were very low on value - yet they were there for quite a while. They gave me something like 0.7SP each.

Now I want to see the dynamics after the 5-votes-only change... it might kill the strategy for minnows. Whales though could still do it - but then their miss ratio will also increase because other whales will have fewer votes to spread around.

Well, I think what's likely to happen is more lower powered votes from the bigger accounts. They say it may bring a larger swath of $300-$500 posts, which is great with me, although I'd love the larger ones! LOL

although I'd love the larger ones! LOL

...don't we all :D

"Now, that is kind of scary because if I was a whale I think this would work even better"

To me you are a whale lol.... Good article though. Very explanatory.

Look at it this way: Our vote value is separated by 0.02$. Yet our common distance with a big whale is like ...150$.

Certainly, my perspective is just a little different on some things. I'm looking into writing an article about it in the future.... Would be hard to express in a single comment + I'm an amature and I would need to do some more research before I start spewing my own opinions.

Thanks for sharing your strategy on upvoting. I am focused on posting and commenting and I upvote the posts that I think add value to the community or the person has an objective, a dream or sometimes to boost my Steem Power because I have a mission.

@steempowerwhale 🐳
🌞 upvoting your lifetime dreams!

Yep, upvoting what has value definitely makes sense for the well being of the platform. However, curation profits are tiny for minnows, yet they have to put the same time as a whale curator.

Obviously this doesn't work for the minnow curator and in this way it allows minnows to try unorthodox approaches even involving some type of ...calculated gambling.

I guess we could say that in an environment with casino-like incentives, gambling is also indirectly incentivized.

Upvoted and following.

congrats on doing so well!

Thanks - although 4-5 SPs is nothing :D But, I try to look at it from the perspective of percentages to measure success... Kind of like what the upvotes were worth and what they got me for their value.

That is really valuable info. While my vote is aproximately 10 times smaller then yours, if your logic is sound, then the returns for me might be much greater.

Eh, I don't get it. Why?

Okay, maybe I misunderstood the math or logic behind what you've written? But I'll try the strategy, and see for myself. About 5 days till the voting changes, so I'll have some time to do it.

I think the 5 vote at 100% will be great for your strategy. Your weight will be maximized on fewer votes, which you are already doing with less time.

Overall, everyone will benefit more. We just have to pick and choose the better posts that merit upvotes, rather than spread them out in hopes of getting more curation rewards. Quality matters..

Peace

Could be... I guess we'll find out after the changes.

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