RE: A Strategy For STEEM by crypto-econom1st

Viewing a response to: @petervroom/a-strategy-for-steem

$0.05

So your strategy is using bid bots?

I don't think Jerrybanfield is a great example. Unless you think you will be able to sell new Steemit accounts for $50 each 😆😂😜

👍 dustsweeper, petervroom, mys

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@petervroom · Jul 20 '18

@crypto-econom1st thank you for taking the time to read and comment on my post. I appreciate it.

Yes I've been trying the strategy of using bid bots. So far it has been the most successful for me in terms of building things.  (In terms of increasing SBD it has actually been the @spl games as noted above!!!).

I've seen haters and lovers of Jerry lol. I don't have an opinion on that. However, I did benefit from his videos as I was learning.  And it is my understanding that he brought his followers from other platforms onto steem. I have not verified if this is true.

In any case my referring to him was not about how great/bad he is but rather that bringing followers from another platform is probably the best way to build engaged followers plus it helps the steem community.

👍 petervroom

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@petervroom · Jul 20 '18

One thing I did learn about his videos that in hindsight I think is not so good for the long run is the emphasis on financial reward. Yes people want to earn money on this platform however an expectation was created that did not reflect just how hard it is for most people who start out, who were not early adopters.  More power to the early adopters, but I think setting the expectations of new users is important so they don't come excited then bail because they're not making hundreds per post.

👍 petervroom

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@crypto-econom1st · Jul 20 '18

$0.05

I fully agree!

On average most people will earn probably 10-100 Steem per annum.

👍 dustsweeper, petervroom

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3 replies

@crypto-econom1st · Jul 20 '18

$0.05

You could be right that Jerry brought lots of followers from different platforms to Steemit. As it seems he receives lots of very small upvotes. 

I wonder how much you earned via @spl? And any profit via bid bots?

I don't really believe in the promotion via bid bots. At least not in the long term. The minute you stop the engagement will decrease hugely.

I am 100% certain that you can make nice profits via bid bots. I started with about 50 SP this month. And next week I will have about 75 SP. Imagine what that could be of I'm able to upscale....

😁

👍 dustsweeper, petervroom

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@petervroom · Jul 21 '18

Something like 17 SBD from @spl.  Don't recommend it for the money lol. It's a fun community and a fun game of poker. I just happened to get lucky.  I put it in the post for perspective. As a comparison, because one would think that I'd make more from my posts but that has not been the case.

In terms of bid bots, as noted in the post I've actually made a net loss.  Even my most recent post https://steemit.com/meditation/@petervroom/violence-versus-hate-and-violence is looking like breaking even.  I bought the votes then the value of steem dropped so my return went from positive to negative. Then the price went up but somehow I'm only just breaking even. Not sure why that is happening.

As far as making nice profits with the bid bots I don't think it's that easy.  Market fluctuations impact it including the steem price as well as the sbd/steem fluctuations.

👍 petervroom

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@dustsweeper · Jul 25 '18

Your balance is below $0.028. @dustsweeper is now disabled for your account until you transfer new funds. Check out the Dustsweeper FAQ here: https://steemit.com/dustsweeper/@dustsweeper/dustsweeper-faq

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