hey elliot,
Do me a favor, stop bidding over the curator give back on bots...
You come in with a bid larger then the bot can handle...
And turn your money spent on your bid into a lose because of curation!
And you mess up the other large bidders.
for instance I had $27.50 in bids on @appreciator, which means that the give back to me at 15% removes $42 from the $178 pool.
Meaning the remaining amount in the pool was $136.
That meant for you to get the 15% profit, $90 was to big a bid.
$90 + 1/3rd for curation = $120 then $120 + 15% for profit = $138...
So immediately the return you can get out of the pool is less than max
ON TOP OF THAT with 45 min left someone else will surely jump in...
and of course they did $25 worth.....
MAKING YOUR $90 UPVOTE AND MY $27.50 AS -1.5% ROI after curation....
Thanks Rich
While I don't want to harm someone else, I'm not sure I follow. My post is showing a ton of profit over what I spent. I am happy to learn, I am new to bidding. (well, as of September)
basically when you put in really big bids it makes you earn less than you could because others are attempting the same thing. its better to spread it around to a couple of bots or services.
How do you know if too big. I don't time to watch these bots until it is time to vote, so I like to catch them early. Is there a formula for 'too big'. Im not going for % return, but don't want to lose. I track my PnL and I don't lose money. But I don't want to become a hated bot bidder LOL.
indeed i feel you on that. with my other account ill usually split my bid up into 3 or 4 if its more than $50. i usually average about 15% return with that method and it gives me space to use different bots.
we also have an upvote service that dosen't even cost steem or sbd. come talk with us over on discord
Interesting. I usually bid $60-100 per bot if it has the capacity, and average 30%-50% but it must be all the follow on votes. I track it diligently in a spreadsheet. Average since I started is 36.01%
wow i need to use your strategy bro! tthat'sa great return, I normally average <20% when i fool with those things. except when i use @yensesa which has a whole different type of scale.
check steembottracker.com
That guy is trying to "profit" on bidbots. I believe you are using it for promotional purposes. In that case you are ruining his business model. 😂
But I believe you are doing good for Steem community, because using bidbots for promotion is better than using them for plain profit.