Do I have a proper understanding of tiered link building?

Written by  on September 9, 2017 

So I have my main site, and I make web 2.0 linking to it. I have a good, handwritten article on tier 1. Then for tier 2, I have 3 or 4 sites with spun articles linking to my tier 1. And then my tier 3 is a shit ton of links I make with some sort of bot.
Here are my questions:
1. Is this the correct way to do it?
2. Is this still effective in 2017?

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