I also don't believe in bid bots.
I prefer the post promoters eg minnowbooster, smartmarket, randowhale.
I'm aware of the politics surrounding the use of bots, but I might just play with them for a week or two to see how it goes.
I've looked into steembasicincome but haven't had the time to buy any shares. Maybe sometime in the future.
Wait... what's the difference between bidbots and post promoters?
Bid bots work like auctions. Let's say a bot has a 100% upvote worth $100, and 50 people bid for it. The vote worth will be shared among the bidders based on how much they bid.
Eg. A bot has a $100 upvote and 5 people make equal bids. The 5 will get an upvote worth $20 each.
Post promoters on the other hand work via multiplication. Let's say the bot has a return rate of 2.2x.
If you send $1, you'll get an upvote worth $2.2.
That's the major difference between the two.