Website sinking in rankings fast. Please Help

I purchased GSA SER about 3 weeks ago. I used the method here:
And then created another tier of 4 that points to the the tier 2 links and then another tier of 4 that points to that tier.

At first I was steady where I had been at the 21 to 25 range. For about a week and a half. On May 5th I dropped to 37th. I just checked again today and I am down to 58. I am sinking like a rock here. Any tips on what I should do. Is this just google messing with me and it is going to go back up or am I screwed. Either way what should I do? Any help or advice would be greatly appreciated. My funds are kind of limited thought so free advice is the best.

Thank you BHW in advance.

Edit: I know I can't post links yet BHW mods but I thought since it was to your own website it would be ok? If not I apologize and will remove it immediately.

It might be dancing due to the backlinks discovered by google recently

Give it a week to 10 days more and then see if you are really going down or it started climbing up

Thanks for the feedback. I will keep doing what I am doing and report back in 10 days.

If you are trying to rank a hard comp keyword it may be because of the honeymoon effect. With a new domain you can rank for hard keywords with lots of backlinks for a short time. This is called honeymoon effect. It will be about 2-3 week. After that your site will sink. Maybe its that or maybe as innozemec said you build lots of links and its a dance. You have to wait for a while like 1-2 weeks.If the site goes down forget about that site.

For a stable position it is imperative to be unique content, quality backlink and authoritative site

Samething happened with me.. my site was on 8th page. its on 15th now, keyword competition relatively easy and i dont know whats wrong. I created web2.0 with unique content about 20-25 then used gsa on those web 2.0 ( social and wiki) then after a few days i used (web2.0, social,wiki,article,blog comment) on the same tier1 web2.0 links. anything wrong with that? :s i have also made tier 3 links on the tier2 ones.

So its been over 10 days and no change. The website was an old domain that had been in use for awhile but I was trying to use GSA to boost from a ranking of about 21 to atleast the 1st page. My ranking is still averaging in the 60's with an occasional jump into the mid 40's. Any help or ideas would be appreciated.

Are you still building links? are all the links still indexed? have you run them through scrapebox or let GSA try to reverify (I'd use scrapebox or gscraper to check indexed).

One thing about GSA is its easy to pump out crap content in bulk, and it gets deleted quick, if its a link you want to keep... If they are getting deleted thats probably why you are sinking. It could be other things, but checking if all the links are indexed would be my first step personally.

I have not done that but I will see if I can figure out how to re-verify. Thanks for the tips!

it's more important to see if the links are indexed than if they are still live (which is all re verifying would do). GSA also has a tool that is supposed to check to see if the links are indexed, but I'm not sure if I trust it. Only because I have not used it and compared results to scrapebox's check indexed feature, which works 100% of the time... If your links have been deindexed either for being deleted or for whatever reason, you're not getting any juice from that, and will need to build more. If they are still indexed you have to look at other things. Good luck OP, hope you get it turned around.

It could be due to link loss, you could not only be losing your backlinks because your content is removed, but also because of crappy domains being de-indexed by Google.