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If anybody can elaborate so please?

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Social bookmarking is still effective for SEO. Social bookmarking builds backlinks and social signals, which are off-page SEO techniques. Backlinks and social signals both ensure a good SERP. Sharing your links on social bookmarking also generates traffic.

Sadly, social bookmarking is largely an outdated off-page strategy nowadays. It still has some worth and it can help you increase your domain authority and page rank, but its effects are negligible. You'd be better off in doing some link building and email outreach instead of focusing on social bookmarking. It will be harder, but it will produce better results overall.

Social bookmarking sites are good for increase traffic and back links. Lots of advantages of social bookmarking like getting indexed quickly by search engines, but the point is you should know the proper ways of social bookmarking in order to achieve goals that you wanted. Social Bookmarking service can be accessed and shared with every person who is online at that time. User can comment and vote on their favorite bookmarks. Now it is considered as marketing tool.

Of course social bookmarking is still effective. It is mainly helpfull for indexing

Social bookmarking is a technique to bookmark our favorite website online to read them each time and anywhere if we are connected to the internet.
Importantly, the social bookmarking in SEO is of high value in determining the ranking of web pages by search engines.
It is important because most of the people still use social bookmarking sites and resources that become popular on one often grow enormously, going viral because the resources are organized by people and not by search engines. It is also important because of the importance of backlinking.
One of the important elements that search engines use to rank websites is the quality and number of backlinks. If your website is the position to the high ranking website, then the search engines trust that your site is important.
The first is that it creates additional inbound links to your content, which is always a good way to gain the attention of search engine bots and increase your page ranking.
The best social bookmarking website are as follows:
1)reddit
2)slashdot
3)diigo
4)stumbleupon
5)tumblr

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Yes, Social bookmarking is always work because of creating backlinks. Social bookmarking and Bookmarking is the best way to get traffic to the website.

Yes, Social Bookmarking is still effective in 2019. through social bookmarking we can easily generate back link for off page activity in SEO and also generate relevant traffic on our website. Social Bookmark also helps in getting index quickly in Search engine. It also can help you in achieving good page rank and Domain authority.
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Yes but only top sites.

Sb still works but you should always submit your sites from where you'll get actual traffic & not for just seo purpose!

Social bookmarking are free, easy-to-create, user-generated backlinks. Anyone can quickly create dozens, hundreds, or thousands of them. Google knows that, so I doubt Google gives much weight to them. Might help for indexing, but that's about it.

Social bookmarking sites have been around for over 5 years. They can prove to be a successful technique at getting your blog content seen and shared. Actually, most popular sharing starts on destinations like Reddit, Delicious, StumbleUpon, and Digg.

Top 3 advantages of social bookmarking are:

1. Bookmarking locales positively affect the positioning of bookmarked destinations.

2. They eventually improve the PageRank and SERPs of the sites

3. Since Google is intending to make SEO social, Social Bookmarking is a helpful method to improve internet searcher positioning.

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Nothing changes in the seo strategy, but you have to post quality content and plagiarism free.

Will google consider social bookmarking as SEO blackhat strategy and penalize your website as a result??