As promised, here's the follow up from my previous blog post:
https://steemit.com/steemit/@simply-me/how-to-get-40-to-50-roi-on-steemit-fast-track-for-beginners
I spent 162.5 SBD
The payout was as follows: 110.922 SBD & 36.609 SP (= about 36.2SBD), making the total SBD = about 147.1
% loss = 9.5%
I did a little bit of digging and the downvotes value amounted to 46.86. This equals to about 30 SBD.
If there were no downvotes, it could have fetch about 9% ROI.
In conclusion, my previous 47% ROI might have been beginners luck.
I no longer believe that the bidbots will give high ROI. Please also refer to my other post regarding bidbots:
I also boosted the above post using bidbots but having spent a lot of time trying to find the bots that will give high ROI, I decided that this is not worth spending time on anymore.
My next experiment will be using the Minnowbooster DLM. I have done some reading. Initial investigation indicates that this is better than spending time looking for bidbots that will give positive ROI. Steambottracker.com is now a really crowded place and beginners should not waste their time there.
What I noticed also is that if the post gets to be in trending page for sometimes, then there is more possibility of a positive ROI.
Also important is not to be downvoted by such people as madpuppy and the likes because their downvotes carry a lot of weight.
That's it from me.