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RE: Steemit Passive Accounts and Generating a Return on Investment

in #steemit6 years ago (edited)

Bang on with the 5 passive Orca curation accounts. These have been around for a long time. I suspect Steemit are linked in some way, but don't hold me to that as I'm only guessing.

These accounts vote too big for 10% yearly ROI and should probably halve the vote weight and double the content reached.

I run a curation account too (trailing another), it doesn't front run bots, or vote for me, but does do reasonably well in finding decent content and earnings.

I say go for it with a % of your SP, and then support the people and content you enjoy and don't worry about returns.

Cheers!


EDIT: This post just released showing the power of passive voting

https://steemit.com/steemit/@jacksartori/what-is-steemauto-and-why-you-should-support-it

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There may be more than 5, interesting hypothesis you have on who controls them. They are hardly going to pipe up and break the silence though!

I got a vote from @redes, that was appreciated. I notice @chops.support wasn't even on the last curation chart after doing well in the first one. I may have to tweak the timing a little.

I would have given the other post a vote, except... well you can probably guess why I haven't. Everyone makes their choices.

It could be your timing, but more likely what @shanibeer says below. Check out @holger80, he's got a far more technical approach which will give you more details on best vote, etc.

I waited to vote on that post at 10 mins, didn't refresh the page, and when i voted it update with... yeah. :/

@chops.support won't show in the curation leagues when there are changes in delegations; I'm always messing about with delegations so I don't appear in it very much either these days. But the formula is quite simple and you can get an idea how @chops.support is doing against the listed accounts.

Correct :)

Need to sit tight for 2 weeks with delegations to have a chance of appearing. Or you can head to @holger80's curation post that he puts out each week.

This is exactly why I have long-term faith in Steemit. It was set up to allow all this to be possible. I think it's genius.

I'm glad to hear it, keep the faith :D

I think the conversation we were having (although it was after two cherry vodkas and some sleeps ago now) was about thinkIng about accounts as growing investments, rather than (immediate) income producers. Even when the price is low, or even regardless of price, the proportion of steem earned (through curation, posting, delegating, selling) against the proportion of steem held far outran return on investment in other options (various accounts, ISAS etc). I was always interested in @slobberchops comments about ROI on, for example, a @treeplanter vote, rather than the actual amount of the vote. My pension plan is dropping in value at the moment, about 8% so far (and it will go up again ... eventually. It's just a problem if you need the money now) but there's no option to increase the number of units I hold, except by putting more money in. With steem, you perpetually have the opportunity to earn, one way or another, more units or tokens.

This is exactly what I've been saying, actually in several comments (including the one I just posted). It's sad to see so many people tearing their hair out when the Steem price drops - yes, it can be a bit worrying, as Steemit is such a new platform - but few people have the long-term investment vision, it seems. I think we need to have more faith in Steemit being here for the long term.

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