Steemit Relative Earnings Report [July 2018]
|
7 July 2018 |
7 August 2018 |
7 July= 5599.963 STEEM + 0.924 STEEM (1.017 SBD / 1.100) = 5600.887 STEEM
7 August = 5665.636 STEEM + 91.221 STEEM ( 100.343 / 1.100) = 5756.857 STEEM
5756.857 STEEM / 5600.887 STEEM = +2.78%
2.78% -0.75% Inflation = +2.03% Account Growth (+155.97 STEEM)
My account growth increased by +29.29% compared to the last month which only had a +1.57% account growth. There are a couple reasons for this. First of all, I got picked up by @fulltimegeek (Thanks!) and the fulltimebots army (see this post). This really makes a huge difference to me in what I am able to give back. Having a drive to grow myself on this platform while also wanting the platform to grow often brings about a lot of conflict. A more selfish scammy approach often is rewarded on steemit for bigger accounts since there is limited amount of actual whale support. This certainly gives me more room and a lot bigger drive to continue the quest to support more people on Steemit and help them grow!
I have not yet done a single down and plan to continue keeping everyting I earn in SP Powered Up. I am using all Liquid Steem and SBD to reinvest more into the platform and as a way to continue to increase my own post earnings. I created my own model for an upvote group here on Steemit (@upvoteshares) which launced last month and has been giving me daily upvotes for a while now. To me it's a great way to reinvest some of my Steem while at the same time providing myself and others with upvotes that have a fair model and are scalable and sustainable over time regardless what happens. Looking purely at the numbers from most existing upvote groups (qurator / make-a -whale/ steembasicincome) members are actually supporting them instead of the other way around. The Upvote Shares model works in a way where shareholders that are in it for the longer run are the bigger winners instead of the account that gives out the upvotes. For More info on my project and how to get involved, follow @upvoteshares and check out the Terms & Conditions
Another re-investment that has really worked out so far is the 100SBD I used to participate in the @stimp-bank project from @stimp1024. He is test running this for a couple months to see if he can make it profitable and giving a big 3% weekly return. So far, it helped me to grow with 10.542 STEEM and this definitely made a difference this month. I'll be looking to add some to my loan and don't have any issue trusting @stimp1024 who has been doing a lot of great things to help steemit and our SBC community to grow. Thanks!
With the price of Steem at a very low level, it is getting really hard to upvote comments since they need at least and 8%+ upvote from me to cross the dust threshold. I will likely be forced to upvote less comments in August. The EPL Contest will start again so part of my earnings will go towards funding part of the prize pool. 10 upvote Shares have already been reserved and funded by an extra Bittrex Deposit I did to the @upvoteshares account. More that last year I intend to use the Contest as a way to raise some awareness around proper Steemit behavior and help people who want to actually grow on Steemit. More on that tomorrow...
| Month | SP | Total Earnings | Growth | Followers |
|---|---|---|---|---|
| July 2018 | 5576 SP | +155.970 STEEM | +2.03% | 1600 |
| June 2018 | 5499 SP | +131.432 STEEM | +1.57% | 1535 |
| May 2018 | 5418 SP | +188.571 STEEM | +2.69% | 1447 |
| April 2018 | 5315 SP | +180.723 STEEM | +2.69% | 1202 |
Thanks to @stimp1024 | @maarnio | @sbcbot for the Contest earnings that I received last month and also everyone who supported me !
As I do mine every 28th of each month, I will just copy-paste what I wrote from here: Seventh Month on Steem
It's quite impressive at first glance but I received 100STEEM from dimimp months ago to which I just powered up last month hence a tremendous increase in my natural SP.
As for next month's report, I believe it would be far lower than this as I have been experimenting not using bidbots to boost my post this month and solely rely on platform votes from esteem, steempress and dlive. The daily guaranteed votes I am also getting from communities I used to love have been pretty disappointing because of the current dip in Steem price. Which I personally think would make your @upvoteshares initiative become a big hit in the days to come.
I also just lost my 1250 delegation hours ago which would tremendously impact my daily guaranteed votes from qurator and make-a-whale which needs to be voted on a daily basis. I did get around 100 Steem from it so it's still a win for me, but will periodically vest all of it up before the month end. I hope this will not cause an issue on your @upvoteshares initiative as I only had a 6 effective SP(need 40SP per share right?) atm lol but will go back to around 200 or 300SP before the month end.
Well congrats again on your growth @costanza and also thanks for the constant support you have given me. I'll be sure to pay it all off once I get significant upvote worth once again :)
No issue at all for the @upvoteshares initiative it is around 40SP for each share that is open (those who are locked after getting or winning them don't count)
Great month you had, it will be hard to top that any time soon. Best way is to look at it in % the growth is really insane that way. good luck this month !
Slow month for me, a couple of weeks vacation,... I'm slowing down my growth on purpose this month, all the liquid sbd that my posts earn will go to fund @sbcbot.
My increase was around 85SP. Currently at 489. So 5 more to go for minnow status!
We will also get you there sooner than you think!
Thanks Peter!
My focus now is on growing the SBC and our presence on scorum. I'm in no rush to grow my personal account here. If steem is here in 2 years, I'll be here slowly powering up :-)
Your next target: dolphin! Cheers
Hold your horses! There is big difference between minnow and dolphin. You can’t get to dolphin stage without investing fiat money! And that’s not the plan how tempting it is!
Next step would be 750. The goal is too have this before new year 🤓
Taking a break from the 1 post a day routine really shows at the end of the month.
Thanks for taking care of the bot!
If you can keep growing 2% each month that would be just amazing!
Yes the Steem price is a little below par but under the hood, as we both know, that does’t matter.
Let me thank you for your continuing support to my account. So for me it is also important that your account grows! The bigger your account, the bigger the support you can give to other. The stronger the others are the more they can support you! It is a vicious circle!
Cheers,
Peter
Thanks peter, I could do better if I was a lot more socially active commenting like you do.
Maybe I'll try that out for a week, it's just the time that goes into this platform really adds up already.