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RE: How My Most Painful Investing Mistake Could Make You A Steemillionaire
Thanks @alexgr. I have been doing some curating, hanging around the new feed at the 20-30 minute mark. But I need to have another good read of the white paper to better understand how to maximise voting power. Any insights you could offer would be appreciated.
I don't know if the white paper covers changes in the code that were done a few weeks ago to prevent automatic bot upvoting. I think right now, it's something like proper curation rewards are given between 15 and 30 mins - and supposing more votes come afterwards.
The recipe of success is to vote before others do, but not too early (most or all of the curation reward goes to the author) or too late (most or all of the curation reward goes to the author). And the time to do so is, from what I remember after the last changes, after the 15m mark and prior to the 30m mark. And of course the good payout is contingent on big rewards accumulating after your upvote. If say you spotted an article and you were the fifth vote at 15 minutes and then came another 300 votes and 20k USD, then you get a good slice (I don't know the precise algorithm). If you were the tenth vote at 18 minutes you'd get far less, etc, etc.
Super-helpful @alexgr. Thanks!