On Friday, I was trying to decide whether or not it would be worth it to use the bots anymore. The biggest reason is the falling value in the SBD's and STEEM, I already have, and why using it would only put me in the red if I were to cash out to USD after the upvotes. Yes, this is a very conservative view, but I am in finance, so that's how I do things.

This all came after me keeping a journal of my posts for almost two months on the amounts bid on each bot and what each bot was initially able to upvote my post with.

I created a spreadsheet to help calculate both the 50/50 split and 100% SP payouts.

I came to the conclusion that if you start fresh and use the lowest cost SBD's and STEEM to buy upvotes, then you'll do okay unless these things occur:

• The market drops and so does the value of the upvote, you received and the value of the currency you receive relative to USD after the 7 day waiting period.
• Uneducated people coming in and buying upvotes on a bot beyond its capacity and automatically throwing everyone else into a loss.

It was also quite obvious the only immediate winners, who had little or no investment in MY investment were the curators. And the biggest curators were the bots, themselves.

What I take from this is that even using higher bought STEEM or SBDs to try to reinvest into the system is SELLING LOW!!! Don't ever sell low. That's the most basic knowledge anyone needs for trading. Duh...

So, yes... Create amazing content. Use the bots with the cheapest SBD's and STEEM you can and STEEM on! When the market comes back around, you'll actually have more SBD's or STEEM (in the form of SP's), than you would've if you would if the market would've been higher.

So, yes... Ultimately, if and when STEEM goes back, this is how the profits are really made on the bot upvotes, and it's a direct contradiction or my statement about only buying low.