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Bots are not profitable at this moment

mightypanda

Published: 13 Jun 2018 › Updated: 13 Jun 2018Bots are not profitable at this moment

Bots are not profitable at this moment

I got the payout from a post last night and noticed that I barely broke even on that post (ROI 3.5%). Even after using my strat which yields me lions share of the post (in this case 87%), I am still able to barely break even. This is because of dropping steem prices and the way rewards are being given out. I am getting a big share of my total payout in steem now that reduces my ROI. This share has been growing quite fast making my profits slim.

Since most of my rewards come from bid bots, and they are not profitable at this point, I won't be using bid bots a lot until dynamics change. I will only use them if I see myself making a profit out of it. I will probably not be posting as often because there is no monitory incentive for me to do so and only a few people read what I write. I will write another post when I start using bot extensively again.

If you still want me to keep writing about other stuff, leave a comment, so I know someone is reading.

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When I am not sunbathing on a rock in my village, I write about lazy ways of growing your money so you could buy more bamboo to chew because who doesn't like bamboo. Follow me if you don't like working for money.

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