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RE: Should I Power Up or Buy SBD for Votes
There are 2 points I want to mention to respond to your comment.
- I am looking at my gains compared to how many Steem and SBD i generated and not against fiat. If $ amount goes down, you still make same number of steem.
- Everything that goes up, comes down and vice versa in terms of prices. So if you buy a vote when price was down and then it goes up, your post value will also go up.
On top of this, I make min. of 25% profit on each post. You can see my previous posts for how I do that.
How can you make the same amount of sbd you payout to upvote posts when you have to payout curation rewards?
Im not trying to dash your hopes but I would look a little closer at the calculations. I calculated what the price was when I bought my sbd, then how much sbd I spend on a post.
Then after I receive my final payout for the post, in sbd and steem I would total that to see how much sbd I received back from what I spent. Sometimes I made gains and sometime I took a loss.
Maybe you have a strategy that your using that I dont know about, if so good luck to you and keep it going.
As for me there are too many variables in place that control our profitability so I dont see using upvote bots as a consistent profit generator.
Math is the only thing I am sure about :)
https://busy.org/@mightypanda/how-to-make-money-on-steemit-for-noobs-part-2
Check out this article where i explain how to game the system. You can also see my wallet and steem.supply of how much I am due though that calculation is not accurate because that is based of off 25% curation.
This is payout of my last post. I paid 9.28% curation. My account is growing at 200%/month and I am ramping up.
