In this series I am divulging exactly how my steempost's payouts have gone since my last G.R.o.S.T.. The plan is to increase my posts earnings by using bidbots to increase the payout. I found that I was not able to find straight forward information about this therefore I decided I would take it upon myself and post.
I am just exploring this for myself but I am being open and honest and sharing my results about it because I feel there is still very little relevant information about this. I track my information and in and excel spreadsheet. I record how much I spend on bids the USD price of SBD when purchased so that a USD % profit can be calculated. An outlook of % profit, coin wise, will also be analysed.
Follow me if you will down my Steemit journey…. Who knows you may learn something useful. I will try and share the rewards I get with the community and my followers that helped me to earn those rewards. So go ahead and follow me, engage with me and my community; you might find it quite rewarding .
So staring with the last GRoST post.I Invested (EXPENSE) 15 SBD @ $24.96 USD. The earnings (RETURN) was 12.33 SBD & 8.56 Steem (20.89 total) @ a Total $ 39.90 USD. I Gained 18 followers during the 7 day period of this post.
I will show 2 ROI. Coin ROI and USD ROI
(Return - Expense) / Expense
(20.89 - 15) /15
5.89/15
39.27 % ROI
The return of 5.89 was earned from the investment of 15 coins. *Combined Steem and SBD for simplicity.
(Return - Expense) / Expense
(39.3 - 25) /25
14.3/25
57.2 % ROI
The return of $14.3 was earned from the invested 25 USD.
This is kicking off my SMO #UPFUNDME campaign and it was my most succesfull bidbot experiance. Let's discuss it in the comments below.
I Invested (EXPENSE) 38.5 SBD @ $76.12 USD. The earnings (RETURN) was 54.64 SBD & 21 Steem (75.63 total) @ a Total $ 193.70 USD. I Gained 14 followers during the 7 day period of this post.
Again, I will show 2 ROI. Coin ROI and USD ROI, but less detail. Ask if you clarificantion
(Return - Expense) / Expense
(75.63 - 38.5) /38.5
103.72 % ROI
The return of 39.93 was earned from the investment of 38.5 coins. *Combined Steem and SBD for simplicity.
(Return - Expense) / Expense
(193.70 - 76.12) /76.12
117.6/76.1
154.47% ROI
The return of $117.60 was earned from the invested $76.12 USD.
Pretty Nice!!!
I am treating this Proof of Brain and the Future upvote me campaigns as controls to gauge how active my community actually is, without the purchase of votes. I see it as a sort of control for my little bidbot experiment. so these will have slightly different format. No ROI calculations.
I earned 0.175 SBD & 0.06 SP.
Since my last post I have lots to be thankful for. I will make a list
-I am up +30 followers !!!!
-I earned almost 50 coins through posting !!!!
-I gave away some SBI shares
I am had a pretty good couple of posts but I am still trying to establish what all the variables are in the equations. I had success with my SMO post because the price shot up and my expected earning went from 80 to 120 in 2 days right before my post was distributed.
I have decided to dedicate 25 SBD of my earnings towards my SMO initiative. So that means I am well on my way to having reached my goal of 80 SBD and I haven't hardly started just yet.
Thank you for your time and your support. I have rewarded my following Steemates with shares in Steem Basic Income just for liking and commenting; you could be next.
@egobiafra
@alexstacy
@cocoland
@fullcoverbetting
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For those interested in Steem Basic Income - Follow the Link
SBI
We series that documents my rewards and account progression through vote buying.
Keep in Touch and support by UPVOTING my various initiatives. My Get Rich or Steem Trying series and my other Proof of Brain, Make it Rain! and/or my #UPFUNDME for my Smart Media Organisation.