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RE: Why you "lose" money on some of your Steemit posts

in #steemit7 years ago (edited)

Price fluctuations do come into play, but another thing to remember is that there is a fixed rewards pool. Lets say hypothetically your post does really well and gets up to $345, and then doesn't have much voting action for the next 5 days until payout. As other posts that are also pending payout receive votes, the effect is that your post's relative share of the rewards pool shrinks.

My advice to newcomers- don't count your chickens before they hatch! You don't really have the reward until the payout has completed 7 days after you initially post an article, and many factors are at play which could cause the value to fluctuate until the payout occurs.

Just be grateful we have this amazing opportunity to generate and reward each other with wealth for our contributions. :)

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Exactly, or it could go the other way where suddenly you have a bunch more votes and things could hit $400 ;) who knows, that's the exciting part of it all. The safe bet though is to always assume you'll get 50% (as sometimes you could lose up to 25% just due to curating fees) and then get excited about every percentage on top of that

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