I understand that this will take a lot of my time and I will have to reduce the amount of posting. But this will not affect the fulfillment of my obligations as a minnow-team moderator WOX🐟. I will do them in full.
Thank you for doing an excellent job in WOX, and thank you for continuing with the minnow team👍
Perhaps there are weaknesses in my tactics or it is generally wrong. Let those who know more and have more experience correct me. Hope the WOX admin @xpilar understands me correctly.
I understand you very well, finding new ways to increase SP
Using a stock exchange can bring good profits, but there are many things to learn in order to benefit from it. There are some who make good profits on stock exchanges, but they have advanced robots and they spend many hours a day to keep the parameters right in the robot. Such robots are very expensive and have a high rental fee per month. Other robots that are affordable or free are not worth using.
But as I understand you, you intend to do this manually and it takes a lot of time.
Those who make a profit on the stock exchanges every day do not wait to sell when it is high and then buy back when it is low.
they sell and buy between high and low, with a small profit per coin
This means that you do not have to save your sales against usd or other coins over time, but place a new purchase once you have sold
Some time ago I set myself a small game goal - to reach the Kittle (Killer Whale) level on the Steemit platform. At the same time, I was counting on fees from my posts and the use of the #bidvote bot. The bot works great, but for each bot ... there is a different bot. In the daytime, when I am active, I could not get to the vote of the bot. There was always a tricky guy with a bot tuned to the voting queue. My only chance was to wake up in the middle of the night or in the morning and use #bidvote. But in this way I disturbed my sleep and I had to give up this venture.
I also understand you here because more people are constantly trying to get max on their bid every day.
But if you delegate to bidvote, it gives a return of 28-30% apr. and steem is paid back every 24 hours to your account.
And remember If you delegate you will still also get APR of approximately 3.20% from your total STEEM POWER from steem
I include this because you have to do a calculation of what you can get in profit on a stock exchange in relation to what you can get on steem with your SP and you must also include in the calculation the number of TRX you earn.
But yes, try the stock market and compare because it's about building SP 💪 😊
And thank you for increasing your delegate to bidvote SP 3,017.240, it's great
Hi @xpilar! Please advise from your experience how best to grow on the platform? Should I delegate part of the SP to the bidvote, or use steemegg or steemvote, or direct all the money to Power Up? What strategy would you recommend?
I see that everyone uses different services, so I am considering additional opportunities to accelerate my growth. At the same time, I will definitely create quality content. Today I have already tried steemegg, steemvote and appreciator, but the results are not very good.
And one more. Today I put the beneficiary of one article WOX-HELPFUND. Will the money go to the fund or is it better to do it through bidvote or maybe some other way? Thanks.
Thanks for the expanded detailed answer @xpilar
I appreciate the trust of the WOX team and will do everything in my power to justify it.
To begin with, I will act like a cautious investor :) I will place two buy / sell orders at the levels at which I will predict the rate change corridor. But I will leave some coins to experiment with daily trading for study. Even if I lose them, it will not be too high a tuition fee :)
I understood about robots, thanks ... this is not my option. This should have been learned before :)
bidvote helps me a lot and I'm ready to delegate some more money to him. But I have doubts about the delegation mechanism. Once I tried to increase my delegation 2000 by another 1000 ... as a result, it turned out that I recalled 2000 and delegated only 1000 ... and I wanted to increase it to 3000. It was a long time ago with another voting bot. Since then, I have remained with fears))
You're right, everything needs to be calculated here ... which is more profitable, directly increase SP or use the exchange to a greater extent. To begin with, I made a 50/50 choice. Half of my profit will immediately go to SP, and the other half will try to grow on the exchange. It may turn out (and this is quite real) that I will become a bad player. But in any case, I will try to at least preserve, if not increase. And then I will not lose and the funds withdrawn once will be returned back and added to SP. But at the same time, some acquired experience will remain with me ... I hope it will be positive 🤣