RE: Why I won't be using bidbots again
Some Steemians regularly spend a lot on them, but I didn't find any accounts that regularly make a lot of SBD profits this way.
I make a LOT of profit from bid bots. I understand that they're negative for the Steem ecosystem, but they're really profitable right now and are the only alternative to the "promote" button.
My profit doesn't come in the form of SBD but in SP. If I pay 20 SBD, I get a $38-42 vote. I may not get back 3 SBD, but I'll be getting 10 SP. Do this 25-35 times in a month for a couple months and you get what I have, 250 SP only from bid bots. I get around 1.5 SBD a day from organic upvotes and around 2 SBD from comments, so I recover what I invest and I get much more in profits.
I also get views, power up, a better image and more opportunities. I don't think they're all that bad after having used them from a month into my Steemit experience.
I didn't argue that the bidbots were bad - just that I won't be using them again. They won't be part of my personal promotional strategy. That's why I said in my post that:
I also said in my post that there were other potential gains from bidbots, that it wasn't all about SBD:
Yep, I saw, I'm just saying that you also said that bid bots have a tendency to bring you losses. I'm saying that it's not necessarily so, since when you lose SBD, you earn even more in SP, and that is considered powering up (it's like a better way of powering up), and in fact I don't promote my posts when, by the time I publish, the bots are giving out awful rewards.
And the part about the ethics is mine. I do think that they are bad for the ecosystem, but I also think that they are the only alternative to the promote button right now with the current design.
I'm looking forward to the hardforks coming in during the last months of the year.
Well it certainly seems to be working well for you - earning 250 SP in a couple of months is very impressive! Although that might also be because of your engagement and frequent posting.
3 months (joined in January)! But still, yes, my consistency and my methods are 100% the cause of my success :) It was a strategy that worked and I hope that I can keep working the plan to keep growing steadily.
Well done! It's not easy to do, especially if you're as disorganised as I am.