How to Upvote, Make Money and Avoid Costly Mistakes - Quick and Easy Help for Noobs
When I first joined Steemit I did not understand how the upvoting system really works.
First I will show the ones of you who never have casted a vote how to do it and afterwards I will explain how to make money from voting.
How to upvote a post shown in the list of posts (such as in trending, new, popular, etc) :
How to upvote inside a post - here it is indicated that I have already voted:
All posts you have voted for will indicate it with the blue voting button.
If your post gets upvoted where do you see the total current earnings and the steemians who have voted for you?
In the following I will guide you on how to make Steem Power (=money) through upvoting.
When you joined you received a welcome amount from Steemit. Currently this is 3 Steem Power.
This will give you a certain amount of weight for your vote. This weight decides how much of the curation awards you will finally receive.
The first rule is the more steem power you have the more of the curation reward you will get.
And the second rule is, the early bird catches the fly.
If you are too late to the party you will return with empty hands.
If you want to immediately see if you caught a fly then there is a very good tool to find out almost immediately.
This is also the best way to learn.
Go to steemstats.com
In the Recent Activity Tab all posts that you have voted for or people that you are following are displayed.
Scroll to the post you have just voted for.
It will show you how big the curation award currently is (10) and next to it you will see (11) what percentage of share you will get. Usually just after your vote your SP value will show 0. You will start to see SP once the curation award is so high that your percentage of it reaches the threshold of 0.001 SP. After 24 hours the final award will be paid out.
Only then will you find out about your final success.
You are also allowed to upvote your own post. The impact of your vote also depends on your Steem Power. The total earnings will go up, but you will not get a reward from the curation cake.
75% of the total earnings of the post are paid to the author. 50% of it in Steem Power (SP) which you cannot withdraw immediately but in 104 weekly instalments and 50% of Steem Dollars (SBD), which you can immediately transfer.
You might wonder if you should just click on every post and the next day you have reached your residual income goal?
No their is a limit of votes you can make per day. This is measured in voting power.
Here is my voting power:
Your voting power is shown on the left side next to the recent activity tab.
You can do quite a number of votes before your voting power diminishes. My 24 votes in 24 hours just reduced my Voting Power by 3.2%.
In my next post I will talk about how to make money with comments for Noobs.
If you like what I do feel free to try out your new upvoting skills :-).
Even some more money and half of it in Steem Dollars can be made through commenting. See my new post:
https://steemit.com/steem-help/@steempowerwhale/how-to-comment-on-posts-and-make-money-immediately-quick-and-easy-help-for-noobs
If you want to dig deeper into upvoting there is an excellent post by @liberosist
My mission is to upvote your lifetime dreams:
https://steemit.com/introduceyourself/@steempowerwhale/i-am-steempowerwhale-and-i-am-here-to-upvote-your-lifetime-dreams
Like your contribution, upvote.