In Search For More SBD & SP

I am by nature a problem solver and I like to learn how something works and find what I think to be the best solutions. In me "just being me", I wondered what the upvote services were all about. I ran across an post by a guy I trust Hive account@crowdini and he was recommending a manual upvote service called Hive account@bumper (sister Hive account@flagship).

There is a lot of confusing lingo and every service seems to tout how good they are. I tried not only bumper, but I also tried about a dozen others. What I found out is a very exciting opportunity for us to leverage our SBD to gain more SBD and SP. I had idle SBD accumulating in my account, so I wondered if I could "do something" with it, rather than let it sit idle. I say my SBD is idle because I have no plans to take it out, and ultimately I want more SP. ;)

I found 2 main ways to use my SBD to get more SP in my account. First I could convert it directly in SP by going to the market exchange. (I will put out a future post on how this works with my conclusions)

Second, I found @Bumper where 1) I could determine with a high degree of accuracy what my upvote would be and 2) I could get a 3x upvote based on what I sent in SBD. (Note: 0.10 SBD to 0.50 SBD are the lower and upper limits to submit)

Testing Phase

Its very easy to do, so I sent in some tests to learn how it work. I will show you here how to do it below.

1 Go to your wallet

2 Click on the down arrow for your SBD (steem dollars) ... see pic above

3 Click on the "transfer" button

4 Enter the information as highlighted in the pic below.

Calculation of return estimate and how the economics work

First if you remember this post "What's An Upvote Worth? - How To Calculate What An Upvote Means In SP and SBD Payouts" you will remember I showed you how to estimate the return on an upvote.

Now remember this is just an estimate because the prices of steem and sbd do fluctuate and they can affect the value you receive until the last minute... But it is pretty close to being accurate and sometimes it comes out better than I expected too.

Applying the formula the numbers work out like this:

at a $1.50 upvote and $6 STEEM price you should receive:

.5625 SBD PLUS .0937 SP for your .50 SBD investment. While this doesn't seem like a lot, it adds up and would be over a 10% return on your idle SBD. This is huge if you understand how compounding works. (If you don't, just ask me and I will explain it)

Here's the explanation of why it makes sense to me.

I have SBD just sitting in my account right now. If I use Hive account@bumper to upvote my post (3 days old or LESS), then I will use my 0.50 SBD for only 4 to 7 days, and then I will get paid back when my post hits the 7 day mark.

In the example above what that means is I get back my 0.50 and I get an extra 0.0625 of SBD and .0937 SP for my effort (which is a breeze once I got a system down). If I can do this 5 times a day, then I would get an additional .30 of SBD a day and almost .50 of SP a day too. (again using the example)

This adds up. It is putting my idle SBD to work and is a very low risk way of getting more SBD or SP. Now there is some risk (as mentioned below, but the worst I did so far was still roughly breakeven)... And I have now submitted hundreds of these to test it so I could get the data for you all.

Value of SBD and STEEM can fluctuate

Sometimes the value of STEEM goes up and sometimes it goes down and you should know that your "upvote of $1.50" can change based on the values at the time of payout. I haven't had any major deviation except for yesterday when there was a big drop in the value of STEEM. Most of the time it may be 1.45 or something like that, but yesterday it took a nasty hit and it dropped all the way down to 1.25 on one of my 10 subissions and the others were lower but not as much.

Just be aware that it has been good for me overall because by doing it consistently every day, I get the averages and the good have far outnumbered the bad. FYI, even the worst one was still very close to breakeven. Hive account@bumper is by far the best I've seen because I can get a 3x upvote and because I know what the upvote will be (vs. many of the others).

IMPORTANT, this is of course my own experience of the PAST. Please keep track of the information for yourself in the future. I'm trying to help with ideas, but you need to do your own analysis.

My Experience And What I Have Learned To Make It Easy

1 - As I said, I have averaged about a 10% total return on my idle SBD (Note: that is over roughly a 100 that I have been paid on so far). The process has to be tracked all the way from beginning to end payout to get this number.

2 - I have developed a spreadsheet where I simply post my amount invested and the link. Then I number it. (See photo) And of course each time I submit I just add it to the list to make sure Hive account@bumper doesn't miss it.

3 - I learned to look for the upvote in the www.steemworld.org account operation feed for the actual upvote given (Note: the reason I point this out is to 1. make sure your post was upvoted and 2. to evaluate and make sure you are getting adequate upvote values. This is especially true if you use other upvote services, I've found many don't come close to a 3x upvote that Hive account@bumper provides)

4 - Finally I have learned to also use www.steemworld.org to also follow the feed of my actual pay out of my post. (Note: this is important to make sure I understand my returns and keep track so that I can evaluate what makes the most sense for my SBD) (See Photo)

OK that's it for now... I hope it helps.

I'm trying to help my followers to understand the things I learn so that together we can grow. If you have any question, please let me know and I will be more than happy to answer.

As always be humble and...