I like to test things... when i finally joined steemit a few months ago, the first thing i wanted to do was to make some money using the bid bots.
🌴 I'm trying to find financial freedom so this is what i tend to do. 🌴
After a couple of days i stumbled upon 🤖steembottracker.com 🤖at the time there were about 30 bid bots that you could use, so after looking at the projected ROI figures on this handy website i quickly tested every available bot to see if they were indeed profitable as projected.
Well unfortunately the website ROI projections were inaccurate, my results averaged to about -35% down.
I had lost quite a bit of money, no worries it's only money & i like to take these little risks in the hope of some good returns. The reason for the negative return was mostly down to the fact that the bid bots do not cap negative losses for bidders. This means that when you place a bid you could end up with -95% down! or perhaps +40% up.
This clearly is not good if you want to make a profit long term, the only bid bot at the time that was capping losses was @brupvoter in fact they were the first "non negative ROI bot" on steemit.
Well today i thought i would check out the useful bot tracker website again and WOW there are now nearly 100 bid bots! Over three times as many in a couple of months!
⚠️Unfortunately most of them will still rob you, like they did to me a couple of months ago. ⚠️
However thanks partly to @brupvoter for getting the ball rolling there are now a number of positive ROI bid bots that you can use. (So you now actually have a chance at not losing too much money & perhaps you can even make a few pennies if you get lucky*)
* profit is not entirely dependent on the bid bots capping losses, it also depends on the steem price, the sbd price & the available reward pool money at 7 days from your post creation.
🤖The Awesome List of Steemit Bid Bots with a Positive ROI 🤖
0-10%
last round was positive 3.1%
0-10%
last round was positive 10%
1-10%
last round was positive 1.14%
15%-15%
last round was positive 15%
0-10%
last round was positive 10%
10%-10%
last round was positive 10%
0-30%
last round was positive 30%
0-10%
last round was positive 10%
0-20%
last round was positive 20%
0-10%
last round was positive 10%
15-15%
last round was positive 15%
0-50%
last round was positive 31.69%
1-100%
last round was positive 73.58%
All the other bid bots do not cap losses or have negative ROI built into them, so don't use them if you value your wealth.
🤖The Awesome List of Steemit Bid Bots with a Positive ROI 🤖
ROI = Return on investment
Robot image sources:
https://www.deviantart.com/art/Just-some-Nurse-Robots-744500545
https://gkvfflowergirl.deviantart.com/
https://www.deviantart.com/art/Robot-Vacation-744538753
https://jennemk.deviantart.com/