[Upvote Strategy] My latest strategy to grow my Steem and SBD

in #steem7 years ago

I have been considering using upvote bots again to try and find one that gives me a positive return on investment. The idea is to get my SBD and Steem work harder on Steemit. I like the idea of earning SBD with my current SBD. Feels like cloud mining. lol

I stopped using upvote bots a while back after seeing negative returns on my investment. That is even before the curation rewards subtracted. You know your rewards are split 75/25 after 7 days of post submission? Author gets 75% and curators 25%.

I have looked at many upvote bots and all have negative returns. Some even before the curation reward. :(

Image source: https://steemit.com/minnowbooster/@minnowbooster/minnowbooster-tutorial-5-delegating-steem-power-to-the-market

The only upvote bot that gives me a positive return is @minnowbooster. I use @minnowbooster by buying an upvote for $5 and then get an immediate upvote that is between $7.88 and $8.22 currently. My upvote today received $8.22 upvote and I used it on a post that it 6 days and 2 hours old. So, in 22 hours I will get about $6.165. That is a profit of $1.165 or ROI of 23.3%!

PS. To minimize the reduction in post value you need to post as close to 7 days, but before 6 days and 12 hours.

But there is a problem… scaling. I can only do these 3 times a week or every 2.33 days and at $5 max per day. I think this is because @minnowbooster and other bots all have a problem with scaling. I also think that is why Steemit allows it because it cannot be missed used or abused.

To use the other bots to increase income will not work. The only reason why I think you would like to use the other upvote bots is if you want to get your post to be listed in Hot or Trending categories. This will give you more exposure and have a positive long term effect on your Steemit account. It will also give you some authority when people see your posts getting $5 to $20 in upvotes.

So my latest upvote strategy is the following:

Use @minnowbooster upvote bot
Use on post age of 6 to 6.5 days
Use $5 per post
Use it every day for 3 days and then every 2.333 days so that I don't use upvote more than 3 per week. @minnowbooster will return your $5 if you post to soon.

This strategy should earn me about $3 per week more than I am currently earning and some post might trend in hot or trending category. :)

PS. @minnowbooster also has other income opportunities, like getting paid 24% APR for delegating your SP. More info here: http://www.minnowbooster.net/market

Below are more parameters for the @minnowbooster bot. This is current but does change from time to time. Always double check this latest parameters on the @minnowbooster blog before you buy an upvote.

Image source: https://steemit.com/minnowbooster/@minnowbooster/minnowbooster-tutorial-5-delegating-steem-power-to-the-market

Do you use upvote bots?
Do you agree with my findings above?

Please comment below. I reply to all comments and upvote them all.

Please give us an Upvote if you think this info was helpful. It will help my online business a lot and I hope to return the favour in the near future.

Thank you. :)

PS. Hot tip 1, Remember don't upvote this post if older than 7 days, you are wasting your voting power!
PPS. Hot tip 2, when buying upvotes, do it on day 6, but 12 hours before 7 days run out.
PPS. Hot Tip 3, I upvote all comments below.

Thank you for your support.

Regards

Colin Brazendale

Email: [email protected]
Facebook: https://www.facebook.com/colinbrazendalesinternet/
Youtube: https://www.youtube.com/user/czb1972/

More information about me:

I am a successful bitcoin cloud miner and affiliate of Genesis Mining. I have been mining for the last 14 months. I am in profit and doubled my bitcoin in this time. So I highly recommend Genesis Mining to earn bitcoin and make money online.

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Scaling is an issue yes. Still trying to figure out steem's linearity/exponentiality in terms of steep power.

Thank you @pjcswart

You're welcome. I hope you have a WONDERFUL day!

I don't use them.

Hi @rynow, thank you for your comment and stopping by. Why don't you use them?

@minnowbooster is my favorite. ...I use @bellyrub too :) upvoted and following :) :) Kayleigh

Hi @kayleigh-alesta, I have used @bellyrub in the past, but only using the @bellyrubbank at the moment. Do you get positive ROI at @bellyrun these days?

Ehhh..not so much...that's why I mostly use @minnowbooster because I do with them :)

Nice article. thank you. i just try to use minnowbooster to delegated my SP . thanks i follow you

i just share an altcoin airdrop:
https://steemit.com/cryptocurrency/@keybelle/officialy-announchment-airdrop-ebtc-or-the-new-erc20-bitcoin#comments

That is great @keybelle. Let us know how it went.

They changed the minimum upvote cost to 5 dollars.

Yes, I just noticed that. Thank you @mawit07. I wonder why?

My guess is to limit the daily votes on minnowbooster. That way to raise more voting power and give out more each time it is used. Do not think this will help a lot of minnows as $5 for us are hard to come by.

You have collected your daily Power Up! This post received an upvote worth of 1.97$.
Learn how to Power Up Smart here!

Thank you @minnowpowerup the vote is increasing more and more! Great!

Congratulations @colinbrazendale! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
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Thank you @steemitboard

This post has been ranked within the top 80 most undervalued posts in the second half of Sep 27. We estimate that this post is undervalued by $21.06 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Sep 27 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.

Thank you @screenname

Its quite complex for me to understand this system @colinbrazendale . But please tell me how much upvotes I can do to someone , so that my earning and steem power do not get effected?? Please Sir I don't find answer to my question.. #thanks

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