I was summoned today, asking me to pay them back their "investment"
If you have no clue on what am I talking about, please visit my previous post link provided at the bottom.
You see, a bot whale is not an idiot. It was designed to execute a set of rule it's programmer programmed it to do. So, you input peanut, you'll get monkey. Period.
You put 0.010SBD in, the bot vomited 7cents out. What else do you expect from it to do for you?
Let's get on with the calculation 我们来算一下
0.010SBD = 0.013Steem
Payout breakdown as below:
SBD = $0.07 * 37.5% = 0.026
SP = 0.026 / $5.08 = 0.005
Curator = $0.07 * 25% = 0.0175 / $5.08 = 0.003SP back to @morwhale
Hence, your effective ROI is 0.026/0.01SBD 160% profit on SBD and a 100% of 0.005SP gain. Refund WHAT?! Besides, I don't even run the bot or anyway affiliate with the bot. So, please, get your math done correctly and I did mentioned it's a gambling if you did not do your home work, blindly throw money into the bot, you'll be eaten alive.
So, the real meat for today is fairly short. Let's forget about the rant. Make sure you know how to calculate your ROI before commit. Why @morwhale ?
This is a less famous bot. For few reasons, the Engrish has too powderful, humans understanding no more. Or else, it's instruction is either in French or Arabic. So, that leave us an advantage as only people with these command of language will understand what is the bot trying to do.
This is especially taylor made for people within the same time zone as us in #teammalaysia which is GMT+8. Our time difference with Morocco is 8 hours ahead. By the time I reached my office after sending kids to school, I'll have half an hour to squeeze the last drop from my expiring posts. Our 8am is exactly 12am for morwhale. It's about time to sleep. When the Moroccan goes to sleep, what do we get? Ofcourse traffic is smooth. No more crazy bidding and kicking around with high investments.
Do I straight away goes in? No not really. As I shared with you all yesterday, few factors are seriously important. The delegated SP of the whale is still above 10k. The voting strength should stays above 70 to be optimal.
Say, I really don't have time to slowly check back on morwhale status so frequently, what is the best time to check? The answer is 10am~12pm. From 8am our time(12am for Moroccan) to 10am is about 2 hours. The bot should have recovered some voting strength after being blasted by their Moroccan whole day. Vast majority of Moroccan will be in bed already given 10am(GMT+8) our time is 2am in Morocco. Hence by picking 10am~12pm(GMT+8) is literally looking at the blank sheet of auction listing where you fill up the value for every item between 2~4am in the morning.
So what time do I stay away from using morwhale at all? After 5pm(GMT+8), that's like the peak for morwhale. Looking at the meta data of morwhale is like stuck yourself in the middle of Wall Street. I heard my friend told me there are even crazy people that willing to send 42$ to the whale to make an upvote(which I really doubt the whale will be able to vomit out 4$ at all).
What is your standard practice of investment? The lowest amount morwhale will accept is 0.05Steem or 0.01SBD. If 1SBD can do 1.77% vote, it's safe to assume 0.05steem can hit 8.85%. Which makes me think I must get atleast 88.5% vote for 0.50Steem. The worst time I got was exactly 5pm, I gets less than 50% upvote, the return wasn't justify. I try again with another post immediately with 1Steem, guess what? I'm only getting 54% this time. I kept on blasting my last Steem, and it all never turn up good. So yes, timing is VERY important.
Have a good time and be profitable. I'm sure if anyone read my posts and start practicing, soon @morwhale will be getting beat up pretty badly before the Moroccan wakes up. I can't brain in Chinese anymore.