RE: Steemit is boring by skreza

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Viewing a response to: @mantishands/re-skreza-re-mantishands-re-skreza-steemit-is-boring-20180614t112041093z

· @skreza ·
$0.03
delegating your steem power is a very secure process if you use steemconnect and as soon as you are done, just get a new password and you are safe.. you can delegate to vote selling bots, but in that case it's impossible to do an exact calculation on your daily returns mainly for two reason, the first is the price of Steem itself changes every minute, and the second is how much the bot is earning from selling votes, it's like how companies pay annual dividends to their shareholders, but here you are getting everyday dividend, and you will not lose your original investment, you can just undelegate anytime you wish, the only disadvantage is that once you undelegate you need to wait 7 days till your steem power gets returned to you, it's an internal steem blockchain policy/settings/functions or whatever you may call it. Delegating is for people who are busy and can't check out steemit everyday and do posting or upvoting etc etc. You may also start selling your votes to others if you are busy. 

The second option is you can find individuals and delegate it to them based on your terms and conditions and price rate and duration.

I have not heard of anyone losing their funds or getting their account hacked because of delegation or using steemconnect but I would highly recommend you to do your research.
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@spiritualmatters · (edited)
$0.03
When I first started with Steemit, some generous soul delegated a nice amount to my account. 

As a newb, I knew it was a good thing as it gave my upvote a little more power; though, I was clueless, and remain so, who the person was. I presumed that the person benefited on some level, though I'd have to research that.

And then, just as with gravity, I logged in one day, and this anonymous person had 'just as quietly' retrieved their STEEM...perhaps, something controversial I said...lol...ahhhhh.....

My upvote suddenly became 'real world'. 

All that said, if someone delegates funds to you; make good use of the bonus power; but, don't become so 'attached' that you forget that the amount is like a balloon...easily deflated.

Btw, better late than never...many thanks for the delegated funds!

Peace.
👍  
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@skreza ·
$0.04
oh I had some delegations before and my voting power was like $2 but unlike you it wasn't any act of generosity, I had to pay weekly rent, that was months ago, but at present everyone increased their fees so it's not much profitable to rent SP now..
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@spiritualmatters ·
$0.02
Yes, I've learned since then, that it was indeed a random act of kindness. I do believe the person who delegates gets compensated; but, that's really moot...It was a generous boost of support starting out, and I really saw it for what it was...huge blessing.

Peace.
👍  
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