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RE: Should I Power Up or Buy SBD for Votes
In an ideal situation you can invest your sbd in upvote bots for the posts you create, BUT being profitable with upvote bots is very spuradic. Eventhough you select tge correct upvote bot by using steembottracker and get a high percentage of the reward 15%-20% you can still lose on the post if the steem price goes down.
Check out this post I have done some research on the topic.
https://steemit.com/steem/@clearbluecrypto/using-upvote-bots-for-profit
There are 2 points I want to mention to respond to your comment.
On top of this, I make min. of 25% profit on each post. You can see my previous posts for how I do that.
How can you make the same amount of sbd you payout to upvote posts when you have to payout curation rewards?
Im not trying to dash your hopes but I would look a little closer at the calculations. I calculated what the price was when I bought my sbd, then how much sbd I spend on a post.
Then after I receive my final payout for the post, in sbd and steem I would total that to see how much sbd I received back from what I spent. Sometimes I made gains and sometime I took a loss.
Maybe you have a strategy that your using that I dont know about, if so good luck to you and keep it going.
As for me there are too many variables in place that control our profitability so I dont see using upvote bots as a consistent profit generator.
Math is the only thing I am sure about :)
https://busy.org/@mightypanda/how-to-make-money-on-steemit-for-noobs-part-2
Check out this article where i explain how to game the system. You can also see my wallet and steem.supply of how much I am due though that calculation is not accurate because that is based of off 25% curation.
This is payout of my last post. I paid 9.28% curation. My account is growing at 200%/month and I am ramping up.
