Caution when using bid bot --- It's not luck, it's statistics !!!

in #adsactly6 years ago (edited)

Hello folks, good morning, everyone.

Today I write for those who like to use bid bot to buy votes. I'm talking exclusively about bid-bots that have variable ROI. Those with fixed "ROI", such as @tipu (around 0% to 5%), @minnowbooster (around 14%), @smartmarket (10%), etc ... are out of this text because your return will always be the same. Just the @tipu that varies a bit, but, you can look and see how the return is before buying it.

For those who do not know, ROI is the return on investment. It is the amount of profit that the person will have when making the purchase using bid-bots. If she used 10 sbd for example to buy votes and the ROI was 10%, she will get a 10% return on those 10sbds.

You need to take care that honestly, I think there are not many who take it, because every time I follow the bid bots on steem bot tracker I see that many people always make the same mistake.

This error is related to the ROI of the operation. Use the steem bot tracker to take a good look at your operation. An example to illustrate. Look at the smart steem in the photo:

It has a voting value of $ 139.86, its ROI, which is the return on investment stands at a minimum of 10% and a maximum of 15%. To be maximum (15%) it is necessary that the amount of vote purchased does not come close to $ 139.86. Now for example, since it's at $ 80.48, the ROI is still 15%, as you can see in this photo:

If more people buy vote and raise it to $ 90; $ 100 .... the Roi will decrease progressively. If it is close to or above $ 139.86, the ROI is negative, meaning the person has a negative return on his vote purchase.

I'll show you two pictures I took of sneaky-ninja a few days ago. Its ROI is -10% / none, that is, it is at least -10% and the maximum is very high. Very high indeed, can reach more than 100% if you have very small votes. The current maximum vote on it is $ 14.31. If it exceeds this value, the ROI becomes negative and the person loses sbds invested. I'll show you two photos:

Here, total vote buying came in at $ 8.91, so the ROI was at 22.95%. One of the accounts that bought 3.50 sbd in votes, will receive 22.95%, which in total his vote received will be worth $ 5.68.

However, in another round, one person made the mistake and made a large buyout of votes for this bid bot, which has a low voting value ($ 14.30). Look,

The person sent 20 sbd for the vote purchase, with the maximum sneaky-ninja voting value being $ 14.30
As a result, it surpassed this value and ROI was negative -44.67%. Your 20 sbd will be worth $ 14.61
She lost 44.67% of her sbd in that.

That is, you lost a very high amount of your hard earned sbd.

If you do not understand the statistics of buying the bots, do not use, because the trend is, in addition to losing money here, cause others to lose too, because when you put to buy using many sbd or steem and the bot is already "full", you mess up your ROI and the ROI of others.

So, please study the bid-bot statistic and do not get in the way of you or anyone else.

Use the steem bot tracker, as it helps a lot to verify this! Wait for the bot to arrive near the time of the vote to make the purchase of you. Check how much you already have the vote bought. If it is close to the total vote that bid-bot can do, do not buy, because they will have low or negative ROI !!!!

Always look on the steem bot tracker for the min / max ROI. If it has a negative minimum, you may have a loss in the purchase of your vote. @ Sneaky-ninja for example has a minimum of 10%. If he exceeds his total vote, people will lose 10%. @Booster has 0 / none, that is, at least the person is typing and none means that it can achieve a very high result if the purchase of votes is very small ....

You need to learn statistics and look at all these things. It's pretty easy!!!

I hope you have understood and do not interfere with yourself and especially the others!

Thank you and good afternoon !!!!

Sort:  

I just stopped buying votes, because at the moment I can not buy votes for myself. You know that! There is no confidence in the way the market is moving.. Moreover, I am not very experienced about bidbot, and this post is very effective for newcomers.

Posted using Partiko Android

I agree, man. This text can greatly help newbies. However, I notice that people who are very experienced and with accounts with a lot of sp make the same mistake when buying votes. So, I think the text is for everyone.

Thanks for reading and comment !!!

Very nice explanation. I am not using bid bot. Only minnowbooster and sometimes bdvotes

Posted using Partiko Android

thank you for read and comment, man!

This post contained some typos in its mentions that have been corrected in less than a day. Thank you for your quick edit !

If you found this comment useful, consider upvoting it to help keep this bot running. You can see a list of all available commands by replying with !help.

Very good explain . Good one for new user

Posted using Partiko Android

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