Getting positive ROI (Return on Investment) from Bid Bots.
When you hear the name bid bot, which name strikes first? For me its randowhale, probably that was the first bot that i used from a small trades (vote buying - giving SBD in exchange of Whale Vote). I liked the concept of bidding for votes as it gave me some positive ROI and a 'moral' boost to my post. I had used @randowhale services quite often.
I was loyal to @randowhale till the time I was getting positive ROI, but when i started looking for alternatives I was kindda surprised to see that there are 70 other Bots that are providing similar services, had not expected this "Vote Selling Market" will grow so quickly.
https://steembottracker.com/ provides a comprehensive list of bots that are selling votes in exchange of Steem of SBD.
Observation:
In the crowded bid bot market, there are many new comers. These bots are eclipsed by the popularity of Whale Bots, but for smaller investments they can be hugely beneficial.
In the crowded bid bot market, there are many new comers. These bots are eclipsed by the popularity of Whale Bots, but for smaller investments they can be hugely beneficial. But the challenge is to go through the list of 70+ bots and see which one is profitable at the moment.