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I don't think the market needs so much time to recover. In my opinion the correction will end within the few months, maximum this year.
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There are many factors you can use to understand whether the Bounty is scam or not. Firstly, you need to analyze the project itself - it is usually clear if it is scam. Then, you should pay attention to the Bounty Manager - it is desirable he has a good reputation on the forum. Lastly, you should check the Bounty pool - it is suspicious is it is more than 1M $.
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Cryptocurrency market attracts many people because it allows to earn a huge profit in a short period of time. Altcoins can easily make +50% during 24 hours which is almost unreal on the traditional markets.
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The quantity of the Bounties you participate in is not as important as the quality of the projects itself. It is much more profitable to find 10 projects you've analyzed and you liked them than participating in 100 campaigns without any project' analysis, generally it is a waste of time
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I think one of the most important parts of any project is the team - it is very important to have high-skilled specialists to perform the Roadmap. Another important feature is the purpose of the project - it is great when it solves a real problem.
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Investing in Bitcoin is the safest way to earn money on the cryptocurrency market, but not the most profitable one. If you have chosen altcoin to invest carefully, it can give you a huge profit, but it is more risky at the same time.
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It depends on whether you have funds to invest or not. If you have, trading can be a good way to earn on the cryptocurrency market, but it requires special skills like the knowledge of technical analysis. If you don't have enough money, but you have some free time, you can earn by participating in Bounty campaigns. Unfortunately, the second method becomes less and less profitable with time.
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I believe that crypto will have a great future and it will be used by people all around the world, so holding coins is a good stratagy which can give a good profit.
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I usually learn about promising ICOs in different Telegram chats or in Twitter. If take into consideration specialized websites, I can recommend ICO Drops - they review the most interesting projects and give them marks.
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As for me, I am not planning to leave crypto in the near future because I am sure it has a great future. I am going to invest more in crypto as it can give a huge profit after the implementation of blockchain technology in our everyday life.
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