Steem Experiment #1: Is Upvoting Comments through @RandoWhale Profitable?

in steemexperiment •  7 years ago 

Steem Experiment #1 - RandoWhale.jpg

I've been on Steemit for more than a week already and have noticed that my earnings are not that promising. Now, I'm looking for ways on how anyone can start earning a good amount here on Steemit. So, I created the series called Steem Experiment.

So, to those who don't know about @randowhale, @randowhale is a bot that auto-upvotes your post or comment with a voting weight of 2%-5% for only 1 SBD (Steem Dollar).

The Experiment

For now, I will be using @randowhale's service to upvote my comments. Here are the specific steps I did:

  1. I used an old post and commented 8 times.
  2. I invested 8 SBD to use @randowhale's service for the 8 comments.
  3. And the results? Check the screenshots below.

paolospeaks a.jpg
paolospeaks b.jpg
paolospeaks c.jpg

The Outcome

paolospeaks d.jpg

The Verdict

There are two sides here. One is for the long-term while the other is for the short-term.

Verdict #1:
Upvoting comments is NOT PROFITABLE if you're doing this for a short-term gain since the liquid SBD you will receive is less than the investment. In this case, I invested 8 SBD and received 5.15625 SBD in return which has a -2.84375 profit.

Verdict #2:
If you're in for a long-term gain, this is PROFITABLE. This is profitable since you are investing to your SP and at the same time, you're getting a portion in return to upvote your other comments/posts as well. If you also use @randowhale to upvote your comments, your comments will rank higher on the comments section and more people will see it, and will probably upvote it too if they like the content. You may also gain followers in the process.

What's your take on this? Let me know in the comments section below! UPVOTE, RESTEEM, and FOLLOW me for more Steem Experiments!

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I will be updating this thread since randowhale's prices got lower. :)

This post received a 1% upvote from @randowhale thanks to @paolospeaks! For more information, click here!

This post received a 2% upvote from @randowhale thanks to @paolospeaks! For more information, click here!

This post recieved a vote from @minnowpond. For more information click https://steemit.com/steemit/@minnowpond/boost-your-rewards-with-minnowpond

I am new too, but I think it takes a while to build up a following and get good upvotes by producing consistently good content. This post is interesting but I'm not sure that bots are the answer. Still trying to figure out the correct etiquette myself but sending money to a bot feels like a bribe.

Yeah, I felt the same too. I had doubts even continuing the experiment. Upvoting comments using randowhale's service should be used to highlight the comment on a post. It may be a crucial comment that everyone needs to see. :)

This post received a 1.5% upvote from @randowhale thanks to @paolospeaks! For more information, click here!

Interesting idea. I hadn't thought of using randowhale to highlight comments to push them up. We're all learning new ideas here I guess, so thanks!

This post recieved a vote from @minnowpond. For more information click https://steemit.com/steemit/@minnowpond/boost-your-rewards-with-minnowpond

This post has received a 1.56 % upvote from @drotto thanks to: @banjo.