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RE: Beginners guide to earn more profit in Steemit using SMARTSTEEM & Bid-Bot
Hello, sorry for the late replied I am just seeing this post
You say:
You will receive vote between 2x to 2.5x the amount you send
Is this totally true 100%? So the person will not lose money like with the other bid bots?
yes it is true that u get a minimum of 2x. but there are certain factors which may affect the value like i explained in the post.
eg: lets say i put in use 20 SBD to buy votes in smartsteem within the first few mins of the post. then i wil get 40 SBD vote value.
Now lets say that the SBD market value did not change for the next seven days. then payout wil be 40 SBD which wil be split as 20 SBD and 6 SP. So here 6 SP is my profit
but if the SBD value drops in the next 7 days then payout wil reduce too and may end up in loss too.
But if the SBD value is raising in the next 7 days then you payout wil increase too.
It is again a gamble. But you can always earn profit from selling your vote which is a cool feature.
Hope i explained to my best @dedicatedguy
Thanks man. Does this bot accept steem or only sbd?
smartmarket accepts both steem n sbd
I have seen some people receive "automatic sbd payout" from smartsteem, do you know how that works?
that is sell upvote feature. your earning gets accumulated and gets send to you as automatic sbd payout. with this feature you wil definitely be in profit