RE: “Medicine,” Rising Appalachia… (Folk / World / Soul – Music to Your Ears–9)
A little friendly recommendation.
Your bid on therising was so high that you didn't get the full curation of 25% plus profit. Because you were bidding after the others. Suggestion for the future to avoid losing out bid significantly less (like have the bot can give you) which would have been at the time 73-(44.70 other bid + 18 curation and 6.70 'profit 15%') = $4 , 4 , 4 / 1.4 = $2.5.... had you bid that you would have spent less and got a profitable return on your investment....
As it presently stands your going to take a small lose....As will I!
You could always bid on another bot ir you wanted to get more upvotes or buy from the market to get a good return.
When you over vote you don't just throw your money away, whch you can do if you want. But you also waste others money.
I hope this was helpful.
Thanks for your input. But I don't understand what you are trying to say. Clearly, if you look at the "Bid Value" of each bidder, and compare that with the "Vote Value," everyone is in profit. In fact, the biggest bid earned a profit of over $8.
I realize one cannot always make a profit from the bid bots, but with a bit of study and regular bids, one can do quite well in the long run.
And as for always making the highest ROI (in this case, of 25%), it's very rare that any bidder can make such a profit. In fact, it's almost unheard of.
It's great when one can do so, but to expect it, and to expect that certain Steemians will refrain from bidding just so that others can get a guaranteed 25%, is rather presumptuous.