Upvoting Bots And ROI | Investment on Steemit Defined
This is a post about a user's real investment on Steemit, and not about the intricacies of how to use upvoting bots. I see this topic a lot being discussed over comments on Steemit and on Discord which questions the ROI after using upvoting bots. In fact I received this question in my last post from a Steemit user - on a post that was on a completely different topic.
So firstly for those who may be unaware, what are upvoting bots? Let me give you an example of one of the bots called Randowhale since it is one of the oldest in the business. It is a bot that has been programmed to upvote a post when the user sends a certain amount of SBD. All bots have a minimum amount that needs to be sent in order for it to disburse the upvote. There are two types of bots - one that upvotes your posts immediately and others that vots only every 2.5 hours.
But let's get to the point about return on investment that users keep talking about. Well, in my experience on Steemit, upvoting bots are purely a supplement to your blogging and participation efforts on Steemit. I use upvoting bots on most of my posts, but I do know that investment and ROI are long term parameters for me as a user of Steemit.
Let me give you a piece of bad news, as blunt as it may seem. If you are on Steemit only to use upvoting bots and expect an amazing ROI, this may not be the right place for you. I think that needs to be made clear to any Steemit user who uses upvote bots and those who expect long term success using only the bots may be in for a disappointment.
Let us look at how Steemit is defined on Wikipedia as it is a place I respect very much for giving the most accurate definitions and the best factual details. This is what it says about Steemit.
Steemit is a blogging and social networking website on top of the Steem circlechain database. The Steem blockchain produces Steem and Steem Dollars which are tradeable tokens users obtain for posting, discovering, and commenting on interesting content.Steemit, Inc is a privately held company based in New York City and headquartered in Virginia.
Three things stand out in the definition as you read the first two sentences.
Blogging platform.
Social networking website
Steemit blockchain
First and foremost it is a blogging platform. Which means that if you want to make the best out of it you must learn to be a good blogger. A good blogger creates good content often consisting of text and images,not just images or a few lines of text. Each blog post talks about something educating or entertaining the reader in some way or the other. It could be a short story or an interesting experience that will interest the reader.
When I scroll down the Steemit feed I see several posts that have only an image or a few lines of text. That is not a blog post, but it is a missed opportunity. If the same post had contained something really interesting it could have raised the credibility of the Steemit user. Hence, if you want to be a good blogger learn to create a good blog post.
Secondly it is a social networking platform like others like Facebook. Interaction with others in the form of relevant comments and upvotes is necessary as a form of participation.
Thirdly, all the content that you publish is stored on the blockchain forever. Whether you have a few lines of text, or meaningful blog posts it will be there for posterity. Which one you would choose to be remembered by is entirely up to you - my advice is to store away content that you will remember fondly instead of making you wince when you loo at it some years ahead in the future.
If you keep these points in mind and grow as a blogger the ROI will follow. Blogging regularly and participating is the investment that you make with the time that is needed for it. The return on the investment comes to you in the form of a higher reputation score, an SBD payout and an increase in Steem Power.
Would you please upvote and resteem this post so that it can reach others too? Also do follow me for more interesting posts.
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Image sources: Pixabay
Thanks for posting this honest opinion. I will be honest and say that last night I was looking into this and trying to figure all of this out. I ended up delegating some of my SP to another user, for something like this. However im still not exactly even sure how that is going to work. I love the concept of Steemit, but some of the more advanced aspects of it are very difficult to understand.
Thanks for your comment! It takes time to figure things out, usually by reading posts and the experiences of others.
I wrote this post to highlight that real ROI comes only after you are more involved on the platform itself by blogging, commenting and participating. Using upvoting bots and expecting an immediate ROI is like a trip to the casino. Steemit is much more than that. You get what you put into it, more in the long term.
If you really want to figure it out start observing those who are successful on Steemit and adopt their best practices. Everything that users do is open to see on their profile pages, Steemd and other connected sites.
Great, thank you for the additional information and incite. I will definitely do just that. At least one good thing I have observed from my time on here, is that it is a very friendly community and there are lots of people that want to help out! I gave you a vote for your response... :( however I gave away all of my SP last night. lol Sorry.
wow good infromation about steemit...liked it
Good. Hope you're able to use the information.
Steemit had evolved. Its not only a blogging platform. The definition of wikipedia is an old one when steemit had just started. There are many apps created on top of steem blockchain which are not blogging platforms. When you see on the top right side edge it says 'Post". Long time ago when steemit started it was not 'Post', it was 'Your story'.
That is a good observation!
Steemit, in essence is a blogging site, where you need to blog to be investing in it(in Steem of course). The apps are on top of the Steemit blockchain, mostly created to enhance the usefulness of the platform.
So a blog post should be at least interesting to some, if not a story in itself.
Yep.
When you post on dmania, it will also be posted here on steemit and all other apps like dsound, dtuve, dlive, utopia, steepshot, zapple and many other apps. People are free on what post they want to post. If people like then they will upvote a percentage depending on their taste of the post. If they really don't like it, they can flag that post.
Thanks for this article! I'm still new here and its nice to read informative writings like this!
Keep reading my and others' posts, but be sure to create your own blog posts.
yup, created as well some blog posts. Thanks for the advice!
nice information about steemit.
Thanks.
I just saw your introduction post. Short post, but a good start.
Keep blogging!
you are most welcome.I will try to my best to give good post and its will be large.actually I am very newer at this steemit side.if you help and give me some suggestions ,really I will do well next time.
actually I want to get a question answer from you.how can I get upvote from others ???please tell me @maxabit
By writing good content that is useful or entertaining. :-)
"When I scroll down the Steemit feed I see several posts that have only an image or a few lines of text. That is not a blog post, but it is a missed opportunity. If the same post had contained something really interesting it could have raised the credibility of the Steemit user. "
not every photographer is a writer :)
but at least he creates something original instead of copy past pictures and some empty text that you see everywhere :)
Good, original photographs are fine to be posted, but they are far and few in the Steemit feed I'm afraid. There are some very good images being published on Steemit and I think members do now who they are.
I love that. Good post. Follow me up at funk1 and upvote me
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