Bitcoin Forum

Crypto currency can be a funny world; As a bounty hunter and as a trader over the past year; i noticed a trend.

Trading altcoins and bitcoin is not always about skill.
Sometimes, my poor decisions fetch me profits; while well researched projects messes up;

Likewise bounty participation; well researched, unique projects end up not paying or delaying rewards; while rushed in bounties with high risk pays faster.

The thing is to just trust the process, and focus on it; it can only get better.

respect the process is the best way to stay calm on any market conditions mate
and luck will always be the last hope on our investments

Ya this is funny, i also have experience join in bounty campaign, the project is hype also the requirement is so difficult only serious people can join, with that difficult requirement i think this is the best one, i do research and trust the project, I'm very happy when got my reward but until now, not listed on market, So sad

Don't feel comfortable with one job, when bounties are worthless, at least you have other skills. trying to trade or get involved in IEO investments I think can be profitable.

Think that you are just lucky when your poor decision makes you profitable, but skills would help you for long term as luck does not make you consistent and in trading, you should be realistic when it comes to trading and don't convince yourself that being lucky will make you successful because it's not.

With that said, I believe trading bitcoin and altcoins is all about skills.

To trust the process is a really important thing but i can say you are such a lucky person dude. Some even did so many efforts in a low risk or high risk project but they still got nothing from there.
Skill plays a lot in the result of our decision but it's nothing when we are getting so many luck.
but again the process still needs a lot of effort like research and we don't know how many times our luck will come and bring something big for us. I still prefer to bet in my skill and my luck just a bonus but the process still depends on our skill.

in the case that you do it is a lucky factor, and cannot be learned, and that also cannot be used as a guideline,
but, I agree if the process indeed never cheats results,
and failure is not bad, that is precisely what will make us more mature and more alert in making decisions.

As for the instability of the crypto world, I agree with you and support you in almost every proposal.
I also try to sell tokens when receiving from the bounty, if the price for them is good, since holding them does not make sense, since many projects die.
It is best to translate everything into stable coins that showed good momentum over several years.
There is more danger in trading, since the rate changes very quickly, it is not always possible to get the desired profit if you certainly do not use bots for exchanges.

That is why a volatile market can be for everyone.
Those who play high risk can make profit in large amounts or they could lose it all.
No one can accurately foretell what the market will be specially with crypto currencies.
That is also why even those traders who are just guessing buy and sell orders can make even just small profits every time.

As long as you have the courage to step up or jump in.
Some people out there have been ready for a long time but just cannot go in because of fear.

That shows that the market is always fluctuating in an incomprehensible way and the miracles are always happening.
The projects seemed dead, but after 1 year of operation, they were pumped at very high prices.
So, in the crypto market, we should play safe. Because the future is unpredictable, even if you are good at TA.

for me relying on luck will not give us consistent glory. if our analysis of a project is wrong, I think we should be more observant in analyzing, looking for personal flaws will make our analysis more accurate later. and I don't think luck will come every time, so don't depend on luck, and I think without analyzing, not every project we follow always works

yeah,funny observation.Although I also had this happen when I paid those projects that I didn't expect,and those from whom I was expecting did not pay.But it's probably just luck only.

i strongly disagree. trading is always about skills. then there are other factors that have small effects on the final result. but the main factor is always going to be skills.

then maybe you are doing it wrong.
for example you may be doing things that you think are "research" while you are just looking up misleading sources that give you wrong information.

Skills are also important in seeing bounty projects, but don't be too careful either. Especially if you are active in social media campaigns can participate in several projects. For me, seeing just a few points is enough to make the decision to join the bounty project. Means that I concluded from your experience is all because of luck.

Ya this is funny, i also have experience join in bounty campaign, the project is hype also the requirement is so difficult only serious people can join, with that difficult requirement i think this is the best one, i do research and trust the project, I'm very happy when got my reward but until now, not listed on market, So sad

Just keep supporting cryptocurrency and trust its technology. It is just getting started and it has a long way to go. It is much bigger now compare to the past. Keep doing bounties and trades as we all now that getting into crypto is a very risky thing.

This isn't about trusting the process, it's just the luck factor playing its part and beside when you take high risk and it becomes a right choice, it results to high return. The cryptocurrency market is just unpredictable as hype still plays a major role in the success of a project (short term profit though), as such hype doesn't sustain the project for future gains that's why 99% of altcoins meaning 99% of bounties don't make it past 1-3 years in the industry. They either lose value or become exit scam projects.

It's recommended to carry-out research before trading any cryptocurrency or joining any bounty. Sure the research might not guarantee success but it'll help prevent much loss then when you just join any bounty or buy any coin to trade with just hopes of it being a success story. Hype only last for a short period of time be aware of that when you join any project be it via bounty or trading.

Good that you realized this my friend,,, skill has very little to do with the profits generated from bounties and from trading. I would even say that with bounties it is generally trial and error and a bit of luck. For example, when I first joined, I had no idea what was a good bounty or even who a good manager was but I was very lucky to participate with a really, really good manager. And I learned a lot from the campaign, and over the years also I learned from how the good posters wrote.

I know others probably better than me but they were not so lucky with their choice of campaign and managers!

Absolutely correct, that is why I say that nothing is absolutely guaranteed in this world, there is no sure way of knowing one that works, just do what you are comfortable with and follow your instinct mostly, a friend if mine just cashed out about $600 from a less popular bounty he did few months ago for two weeks while the most popular ones with supposed high potentials aren't worth it or paid peanut

Sometimes, the project that is highly rated will just end up been a disaster even after collecting so-much from the public. While the few that received low rating ends up doing well. Saveroid, Storique, Ubex and some others have nothing to show for the fund they collected whereas Veil project that had no ICO, IEO and private sales are doing better than the other 3 useless projects that collected funds from the public.

intuition. you are probably talking about trusting your intuition in this market. The market is not predictable - you are right. therefore knowledge and intuition is what helps you become very rich

You are right, I have experienced the same that sometimes when I spend several days on researching a project it ends up as a scam, and when I join the any project just because I find the pool good, they are doing excellent. Maybe it is just the question of luck, somebody of us are lucky enough and somebody not?

Everything is lucky. I also feel like you. So I'm not too strict when choosing projects to do bounty. Just work hard and get big rewards

That was correct observation but somehow results may vary in every person who experience it. But who knows it will favorable also to other people, Trusting the process is not bad if you are knowledgable of what you are doing. because focusing on something without proper knowledge is just a waste of time.

to manage with use of customs of technical skills and ideal competence as trader gains with confirmation of use with option to begins of one on position to open with new order on table with the market.

Trusting the process is very necessary, but we also need strong analysis to trust a process, because the processes that occur sometimes are not in accordance with our expectations, so it is very difficult to guess or believe something, whether it's a bounty or a market.

You are just a lucky person. You got very lucky when you made bad decisions, and they brought you profit. Success is achieved only by those people who understand their business and constantly improve their skills.
That is why I recommend you not to rely on luck, but to learn to trade and invest.

That feeling though, when you think that you're too armed and well packed with research and you did based your decision with that. And suddenly, the result didn't go according to what you think.
It happens to anyone and to me, a lot of times. Experience and trusting the process will teach someone who's trying to get in on this market.

Not every plan or process will work; some trades may go flat while some will boom with profits
But panic not; instead improve on your weaknesses and become even a better person.

Trust the process
Increase the quotient of your research power and be better

Definitely you have to, if you are a trader and a bounty hunter and the same time, that makes you understand more the market situation.

I'm not saying that it's bad to work for bounty now because the market is bad for altcoins, if you have a mind of a trader, you understands that this market is temporary and there will be great recovery in the future, and with that, you will also see bounty hunting is an opportunity for you to accumulate more coins now without spending money to acquire it and you can hold it together with your coins that you bought and just hope this drought will be soon so we can monetize our reward at the right time, and we can prove that patience will really pays off.

Process will give us best experience. At this crypto world really full of funny thing,even we are great but if we not have luck will ended dramatically. But you know we no need to give up. If we failed keep try harder.

that is funny thing im also feel it. I dont know what wrong but sometimes our hard work not really paying. From this im learned about patient.

Research is a must, it is a part of the process to find out good projects. Even if sometimes luck determines the result but it cannot be applied on all projects. Then, focus should be owned by everybody, it indicates how serious we are. Remember that no success without serious efforts.

You are not alone, this becomes a sad story when work for several months is not appreciated.
seems to have to look for other innovations and not focus too much on the bounty. maybe learn to trade altcoin. ;D

Sometimes we must just allow things flow in their natural state without stressing ourselves or giving up too easily. Life itself is so unpredictable, imagine the projects that disturbs you  with KYC to steal identity as an investor or a bounty hunter and at the end of the day you end up being scammed.

I agree that the process is important. Maybe we feel cheated following a scam project, but with that experience, we can find a good project to follow. The process will provide experience and with experience, we become better informed in investing or doing research on new projects

That happened to me too. When expecting too much but the reality is not in line with expectations. There are some projects that don't even pay bounty hunters, hopefully projects like this don't happen again

It's a fact that the "ongoing ICO" system has taken a great hit after many many projects failed throughout the bear markets;

now investors are looking for alternate ways of entry like IEO's or other innovative, more dynamic fund raisers,

so the altcoin bounty & airdrop models need some revisions as well.

Good if you know that everything in this world needs a process to see if that will grow or not. Yes, in the cryptocurrency, we need to wait for the process, and the process will not be instant as we want. Sometimes, we need to wait for a long time, but at the other time, we only need to wait for a short time, so nobody will know when it's changed. I agree that we need to trust the process, and don't overthink about the project and if we can be patient to wait for the process, we will see if we will get the rewards or not. If we don't get the rewards, we can search the other project to participate, and I am sure that we find one or two projects which could give us the rewards.

So are you advising that both in selection of project and even up to trading of coins, we should just be applying gut instinct alone and stop researching? I don’t think people should stop researching, you might have been lucky on those projects you didn’t research on because they were never meant to be bad and thank your luck for it, but it would not happen all the time.

I still believe in making research on projects rather than picking them randomly and then investing in them, from research, you will still get a clue to which project is right or not, and secondly, there is no way you can trade without having skills and strategies, it is not possible, what will you then be doing when you are faced with some decisions that only your skill could work out then?

That's what we are witnessing now, there are not successful ICO anymore, people dictate the success of the crowd funding and right now, they are dictating
the IEO to be more successful and they are making ICO obsolete, that's the changes and I don't think we can ever see a successful ICO, unless we go downgrade.



I don't know how but I don't think that is not necessary anymore, exchanges are a big factor to increase the number of IEO, then that would increase the opportunity for bounty hunters.

Expect that to happen as the process needs to be incorporated with how the system works, with this new ways of approach ico's has been overtaken by IEO's where investors wanted to see a much quicker outcome and not willing to wait for another longer time period to see the results, investors have their own opinions on how to adjust with the current situations inside the market.

Yes, I will agree with you on this, the crypto market is one of the most difficult market to predict due to the fluctuation in the prices of coins in the market, I think anyone that would be able to trade in the crypto market without having any loss can trade on any available market the internet has, this is why we really need to just keep calm, trust the process and hope that we get the best out of it, aside this I don't think we have any choice, but we all know that the future is bright and hopefully it would be more easier then to trade than it is now.

Luck may favor you when you are strong enough in your due diligence process. Some may be luck this time and may not in upcoming campaign. Our actual-real-life is no different from this.

I did trust the process. however, I did not trust who are doing it.. lot's of project's promise investors and convince them to believe their process and soon crash to a fail project. it's happening all around crypto. but in this 2019 I see a lot of projects quite impress me for making things that impossible to possible.

The key to this is to not trust the promise of any project
Instead trust your focus on the project; do u see it as a short term or long term project ?

Do not be impressed by a project; get motivation from the profit you would derive from the project

This year 2019, seems to give hope for cryptocurrency, where many IEO-based projects have better results than most ICOs in 2018. I think for now the skill of selecting projects is very instrumental in finding good projects. Moreover, the price of bitcoin has begun to recover, thus fostering people's enthusiasm to return to crypto

You nailed it all man.  Over the last few years, even news and announcements barely increase the prices of cryptocurrency. The only thing is just to trust the process.

I'm really motivated by this thread. Thanks for the piece

Process is just like a rule or policy that we can respect and follow. Because in process there will be a system so that people or member are organized to do their task in any aspect.

You have a very good point. It is buttressing the point that what you don't really put your interest in most times keep coming after you. It is no ruse at all, some bounties with very good team, well publicized in media and managed by high reputed managers have failed while some with low profiled organization, have succeeded most times.

all about luck. in the end the analysis will be broken by luck. I often experience this, when I trade I always research and find out all the rumors / speculation before buying. but even though I think my prediction is right, sometimes I fail just because I'm unlucky. selling late and other the biggest reason I lose in every trade.

The process is cycle that almost always repeats itself, but some people always fail to learn from the past. The bounties and crypto investments will not always be a merry, but you can be sure that someone it will be worth the patience if you can endure well enough.

I know that the reason why we are all putting money into some of these projects is for us to make profit from them, but for any investment we want to put money into, we still have to pick interest in the real use of the project first because that is the only thing that would guarantee if the project will have a future or not.

Let me tell you, everything is not about money, those who invested in the technology that majority of us are enjoying till date, if they had only focused on the profit on it, do you think they would have succeeded in raising money to build any technology that we are using now? The essence of what I am just trying to say is that we need to always be very patient, and watch the growth of a good thing that we believe in.

good afternoon,  guys, what type of antiminer models are relevant now? What to buy? Could anybody help me? I was off the mining for 2 years seems that market changed dramatically

Hi, there are plenty of models, like S17 is a fresh one. T17, Z3, DR5

I would like to see the descriptions at least, where to find them all?

On globemining com for example. here are lthe latest models I have suggested you.

What’s this? Store? They have good descriptions as I see. What model do you personally own from here? Purchased there before?

I have bought from them asic rigs 2 years ago when it was available. Good popular miner, S17 Pro is a complete edition with the most powerful hardware inside. Worth it. I will buy myself one soon. And of course from globemining com. They have best quality goods Here, yep. Their service is just awesome as for ,e their head office is situated in NYC where I live

Compared to other, Pro model is awesome, you are mining for a while? How did you overcome the risk of crypto and invested in?

Basically due to my true belief that crypto is future. I have many money in different crypto assets lite altcoins and tokens

The luck is also an ingredient of the successful trader but it is not definitely the first thing comes to mind of the experienced traders. Buying the altcoin because of the expected news called a news trading which is considered a risky trading strategy by the pro traders. Sometimes we lose sometimes we win but what matters is the final digits on your trading account at the end of the month.

It is necessary to have the right mindset in crypto trading, volatile market conditions change constantly. If the trader doesn't have a choice of taking first and information outside of the market, the chart reading techniques will not help the trader to analyze the market with the stated trader's mindset.

Just take your time and experience mining one day, never regret

Yeah, thanks!

Research and look at popular trends is a safe process when participating in projects in the crypto world. But the world of crypto is very difficult to predict. The decision that was chosen and believe in the process, I agree it will be better.

Because waiting needs time before we can see the results and sometimes, it's not worth our time to wait for that because we choose the wrong project. But related to the market now, we need to have big patience to wait for the project can reach their goals because the project needs to change their strategy to survive. If the project has the potential to grow in the future, they will pass every problem in their project, and they will grow, and even they will have their success in the future.