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RE: Upex Upvote Delegation Service

in #steemlast year

Thanks for the tip off @jondoe. I will monitor it, but as yet I don't have the spare Steem power to delegate to Upex compared to the return I get each day from my carefully selected curation trail (I follow the Koreans!!). As with any delegation service, you have to have money to make money though (or in Steem's case Steem Power to make Steem Power). I find Steem a real slog as a British Astrologer with an interest in Crypto. What I specialise in is a "niche subject" and it is very hard to get up significant up votes, as majortiy of the whales on Steemit are Korean or from the Sub Continent, and they don't have any interest in what I write about, plus they help each other out within their own community. What we need on Steemit as well as services like Upex is ultimately more diversity of users on a global scale, so that the cream can rise to the top, and we can all win. As it stands at the moment, with the Koreans voting for the Koreans, and the Bangladesh community voting for the Bangla community etc etc. That means that those on the margins will continue to struggle along until we do eventually get this platform humming, and that means making it accessable on the one device we all have with us all of the time - on our cell phones. The quicker someone can create a mobile phone app that is safe, secure, unhackable and easy to use, the better. Then Steemit will fly....

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I can't argue with really any of that. Well said!

Are you able to make a better return than getting 20x your vote value by your current method?

At the moment yes - I'll watch Upex and see how much Steem Power it rises to compared to how much I think I can delegate and I'll watch what it is paying out to everyone. Ultimately if it will pay me back more than I earn in a day by voting for the Koreans, I'll join but not yet....

Just to give you an idea of my strategy, I get back three to four times more in curation returns than I would get from one up-vote from Upex at current Steem Power levels. If Upex gets to about 1.25 million Steem Power I will look to shift over as it will be financially viable for me. I follow about 20 of the highest earning members on Steemit - 75% Koreans - I vote on their posts before Upvu votes and the i keep the curation list constantly under review. It works and I get much more back than my own written posts do, unless I get a Booming vote come along....

Upex will ship you back liquid steem if it cannot cover your entire upvote value, so you don't have to wait until there is enough sp there to cover you for the upvote. That or you could always delegate less than your full amount. ;)

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