Someone admitted a few days ago that they saw my voting power at more than 90%. They apparently checked and saw, then wondered why. In reality, I had not been online, so my voting power had accumulated and remained unattended.
As expected, I rarely leave my VP unattended because I believe it wastes potential curation rewards, and 75% is where I usually just let it recover. This has been my habit for a long time, and it is not hard to figure out if you look at my curation habits over the course of several months or years.
The price of Hive is beginning to change; I understand that it is still nothing spectacular, but the fact that it is changing means that your vote is starting to carry more weight.
Why is this advantageous?
It means you can easily cast as many votes as you want, and they will have a significant impact. I believe that around 5k HP is when you might notice a significant difference in your vote weight, and it gets even better when we see 1$, 2$, or even 3$.
Now, I recognize that I am guilty of voting for the same types of people; I believe this is because I rarely step outside of my comfort zone to seek out new people to curate or curate my content. It's probably because I curate what I read (not always) and I know it's bad, I definitely should do better.
Another reason is that my voting power is insufficient for the accounts I curate, so I try to maintain consistency and make sure I always do it.
Although this year, I have begun voting for 5 to 10 new accounts in addition to the ones I have previously curated, and I believe that if the Hive probe reaches $3 again, I will add even more accounts.
So, how do I do this?
I believe I can accomplish this by actually lowering my vote percentage per post. For example, I give some accounts 30% on a daily basis at 17 to 20 cents (Hive price). At 28 cents, I am still giving these accounts 30 to 31% because the difference is not significant yet.
At 0.5$, it starts to make a difference. It means I can actually half the 30% to around 15% and still be able to give the author more in $$$ reward than I was giving them in the past. So I can actually spend 100% of my vote weight on 8 accounts at 50 cents Hive, whereas I was only giving 100% to four people at 20 cents Hive. Now, at $1, it means 16 people can get it; at $2, it could be 32 people, etc.
In reality, this means I can add more people without reducing my voting power below the 75% I would normally aim for on a daily basis, which is incredible.
Would I actually do this?
I am not sure. In 2021, I sure did added a lot of people, although I had way less VP, but I think I maintained the core of people I previously curated. In reality, I believe I will continue to curate the people I was with and will not add many new people, possibly no more than ten.
Why?
It is simple; I am lazy. I don't think I'll go out to seek people. The majority of the people who appear are likely older accounts that have abandoned the chain as a result of the bear market, and I will most likely be uninterested anyway due to personal reasons.
What Does This Mean for the Older Accounts I Curate?
It means more punch behind the voting weight I used to curate them with. At a $2 hive, for example, I can easily give 50% of the vote, which is easily worth $2.50.
I did not do an exact estimation, just a rough calculation. It could be more or less, but the difference would not be significant (Keep in mind that this is not financial advice, but rather my analysis based on previous market patterns). The benefits of consistency are likely to be the main factor.
When people enjoy the benefits of consistency, I believe they deserve them. When someone perseveres through the bear market and begins to reap the benefits of receiving $200 in upvotes on their post, I believe they deserve it.
I believe nothing will change for me.
While my illnesses are in remission, by God's grace, I believe I will enjoy curation when prices reach a certain point and nothing changes. I use Hive.vote for automation, but I usually prefer to do it myself. I adjusted my votes on Hive.vote a few days ago and will continue to do so as Hive's price rises.
I believe that some users become complacent when they receive a large number of auto votes. Personally, I observe certain behaviors and then decide whether to remove, reduce, or increase the percentage of auto votes. In reality, I have very little Hive power, but that is something.
Interested in some more of my works
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