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Not sure about the best one as pretty much every one of them has their strengths and weaknesses. The one I am still using the most today is IDEX, but they have lost a sizable chunk of my sympathy when they forced in the KYC process and so spoiled the anonymity of the process. As for the future, I have high hopes for Nash despite their struggle for attracting customers at the moment.
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Definitely it’s a normal matter because payment isn’t depend on which bounty good or bad. It’s totally depend on bounty allocation and secondly how much hunters participants. I got received a lot of bounty payments such as number of 8$,10$,20$ even i worked almost 8 weeks to 12 weeks. So i don't think it’s a first time happened with you. Still bounty pool is good enough but huge number of people’s joined so that reward coming very little.
Well you have to gravitate towards better paying campaigns and not sticking only to social media posting as there is almost no chance to score big in those ones. Also "working for 8 or 12 weeks" is a bit of a stretch when it comes to social media clicking as if you actually add up the time wasted on those activities, it would probably be less than half an hour, so 10$ for 30 min of work is not that bad at all, even in the real world. |
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A great alternative for crypto-related news websites are various Telegram channels that are quick to update any major crypto news and project updates, announcements of partnerships etc. So if you join a couple of them, you are pretty much set and ready to go. I could mention CryptoDiffer and IcoDrops channels, but there are many more.
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Nah, those trading rewards are mostly being bagged by whales that have a substantial amount of funds to play around with, so shrimps like most of us cannot really compete against them and would just get rekd trying. So yes, its just a marketing strategy for projects and exchanges to get some exposure and hype, but small players in the space cannot profit off of it.
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You have to realize that joining the campaign is kinda like playing a lottery. There are low chances you will score big even if the project looks solid after you do your due diligence. But if you persist and take this fact into account, you have a bigger chance to stumble upon a campaign with a substantial rewards.
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These were my thoughts exactly in late 2015. I got rid of my nxt and btc because i had some expenses to pay, i thought the nxt would be dead on the near bottom. I even had to dump it very slowly because i didn't want to dump the price as the walls were too thin to me. After a while the price jumped and i decided i won't even look at it. On the 2017 it peaked near $2 and that was the most expensive lesson i ever got about hodling (or anything). At 2015 it was becoming a worthless shitcoin to me even though i liked the project and the active community. So i guess it all depends on what you are holding and does it really have value that you just have to wait out.
Also bitcoin did raise from $300-400 quite a lot that i kinda regret selling now. But somehow the nxt annoys me more.
What a nightmare, condolences. I am counting on similar situations in the time frame of couple of years when my shitcoins will rise from their graves and earn me a Lambo. I wont be holding my breath during that time, but who knows what crypto has in store for us in the future. |
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Ye, its price is not moving anywhere, I am not sure if that can be said about their project development as well. There is some talk about signing contracts and establishing new partnerships in their Telegram group from time to time, but this has zero effect on the price action of the coin.
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Well the market conditions were a lot different back in the 2017, the ICO scene was flourishing so bounty hunting was as well more profitable. You were able to liquidate pretty much every rewarded asset for a hefty amount, some rewards went 10x+ on the exchanges etc., so yes, those were the old gold days of bounty hunting.
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For sure its possible, but its just very rare, for example take a peek at Egretia and its insane growth in the last few months. Now Egretia may not be the perfect example as its price is again at the starting levels, but it was not just your regular pump and dump scheme as its price held high levels for quite a while, but the whole thing went from obscurity to the top 50 tokens per MC.
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As many others already suggested, send those tokens to some other address, it can even be some random exchange wallet where no one will raise a brow about it. Or just abandon your existing wallet and send your valuable tokens to your new wallet, problem solved.
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No one has a crystal ball to predict this, even the biggest crypto "experts", TA freaks and crypto influencers failed to make an accurate prognosis about it as they have been preaching about the hyper alt season for the past year or so. And we all see where are we now, but just for the sake of it, I doubt it will come in the coming months, but I would be surprised if we went thru the 2020 without it.
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Lets be real, most of the "modern" crypto projects that are holding bounty campaigns are vaporwave projects or a quick money grabs with almost no potential for further use and adoption, so it shouldn't be surprising they struggle to list on even mid tier exchanges. The "fear" of dumping is probably one of the least important factors of it, the lack of competence of team members is a much bigger one.
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For sure, but I tend to believe that the shitcoins of 2012 or 2013 have been created on the basis of curiosity and innovation, while the contemporary shitcoins are more or less just plain money grabs and schemes of getting rich quickly. But yes, they have been around since the inception of crypto.
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I would agree with your assessment of Libra, but some other mentioned projects can be quite profitable, especially the ones that have Sun behind them, a master of aggressive marketing. I would probably pass on investing in any green energy, cannabis, mining, charity etc. crypto projects as they tend to fail miserably.
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That is the spirit haha, a strong believer in crypto, gambling with the roof over your head takes cajones of steel. Back to reality for a moment, this decision is quite insane, but fingers crossed that you pull it off. Regarding your portfolio, it is a good one, but I would definitely add some BTC, at least 30% or 40%, you never know how alts will perform, even in the long term.
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