2019 has been a year with mixed feelings for crypto enthusiasts. A lot of bounty hunters have now switched over to trading, because bounty is no longer profitable. Some have combined the two (both bounty and trading), while larger percentage are still into bounty, despite not being profitable. I envisage that in two to three years to this time, the population of people on bounty will reduce drastically, because it will no longer be profitable as it used to be.
That's true. I am trading while I am also trying to earn with bounties. I think IEO will be a big threat for the bounties. The market conditions are also very bad at the moment for new projects.
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I have overhead many people in various bounty groups talking about how bounty campaigns are gonna die should we move on from ICO to rampant IEO issuance (maybe the exchanges shall take over the advertisements or so).
Fact is that if IEOs become a thing, many projects will arise and hence the services of bounty hunters shall be required again. Every project needs advertisements to expand and that's why we are there as bounty hunters. This is the same way ICOs grew in number.
All we should hope for is a better crypto ecosystem because at the end, we shall be needed for promotion in one way or the other
Exchanges they don't need too many advertisements. For ex. Last IEO was Harmony at Binance and When Binance announced the Harmony IEO, all bounties stopped.
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During the bear market, this situation is very common. I have also invested many projects some of them were good and some of them were bad investments. But the important point is the total portfolio. At the end what is the situation of your portfolio?
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Altcoins are not growing at the moment. They are not in the bull market. Many of them are not even finish their bear season. Before the start of the alts bull run, they have to break their weekly and monthly resistance first. And of course ETH bull run is also very important.
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For a beginner like you, you have to invest in top 10 marketcap coin. They are relatively stable than the small marketcap alts. And of course more reliable. Maybe in the future, you are going to prefer to invest smaller coin but you have to learn the dynamics of this market before.
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I have ETH and XRP at the moment in my portfolio besides some other alts and BTC of course. I can recommend you Cardano at the moment. The price is relatively cheap and the project and the team is very very strong and solid.
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Hey guys, do you buy altcoins which are not top 100 of Coinmarketcap? Isn’t it risky to invest in them? Want to hear your opinion!
I have some of them in my portfolio at the moment. But of course, the percentage is very low. You have to choose very carefully because most of them are going to die and most of them are pump and dump coins/tokens. Just short term investment not for the long term.
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IEO does not mean ICOs are dead. But I prefer to put my money on IOE more than ICO if I can of course. Last IEO was Harmony at the Binance the percentage of the participant is 1/3 of the qualified people.
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Of course, LTC is very popular at the moment because of the halving but I recommend you do not invest all of your money just in 1 crypto. You can change the percentage of your portfolio but 1 coin even this ETH or XRP pr LTC is very risky.
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Cardano is one of my big market cap favorite coins. And I think the price (especially ADA-BTC pair) is very undervalued at the moment. But like XRP, ADA has not started to bull run yet. I don't think this is because of fundamental analysis, this is because of technical analysis. Just need some more times.
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I think you have not joined any ICO before. Because There is a big difference between ICO and IEO. Especially after binance lottery system, the way to join the IEO is completely different.
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Yea XRP-USD but XRP need more time for XRP-BTC golden cross. Of course, this is a start of XRP-USD bull market and I am also bullish at the moment. But there is a long way to go.
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I am trying to accumulate more at the moment. XRP is the dominant coin in my portfolio. At some point (1 USD price could be a target) I will sell XRP to buy BTC.
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Could you pls. share the KYC link for the bounty participant. Thank you
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Hi Manager,
I started to complete your tasks. I have a few questions pls. By the way, I am very sorry for not hearing your project and bounty campaign before.
1- If the project will reach hardcap at the IEO, will you terminate the bounty campaign or the bounty will continue until 30 June? 2- For some task like the signature or youtube our posts or our "likes" must stay at least 30 days. For example, I completed youtube tasks today and at the IEO the project reaches hardcap and you terminate the bounty after IEO (which is in 6 days). Are you going to pay youtube tasks or not (despite I completed the task 30 days period will be not completed)
Thank you in advance
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I believe yes this is true. Look at the chart pls. https://www.tradingview.com/x/l3iBnhkQ/XRP was 3 dollar at the previous bull season. There is a potential of X10 from ATH at the next bull season which is expected for 2022-2023.
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I totally agree. And that's why I have more BTC, ETH and XRP in my portfolio at the moment. Of course, I have some small altcoins but the percentage is not too big. By the way, we don't need to wait for 2024 I think in 2022 these 3 coins will dominate the cryptocurrency market.
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BTC dominance is increasing but I think this is not going to continue forever. The move of alts is coming. But until the alt season, the fall will continue. In my opinion, nowadays big alts are better than small ones because of this uncertainty. And XRP is one of the cheaper one. After the big alt moves, you can buy small marketcap altcoins like BLZ, KMD, OST etc...
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We need a relatively more stable BTC moves and more confidence in the altcoins market. I think the bear season is over but bull run has not started yet. We are in the accumulation zone at the moment. We need more time First big alts like ETH, XRP etc... will move and then small market cap altcoins will follow them.
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You are wrong. The price is everything if you are a trader or even an investor. But the change of the price is not so important when you are not selling. Because the change of the price will not affect you. You are not talking about the price. You are talking about the change of the price.
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