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There were some good project but then there were some people who thought of it as a get rich overnight scheme and used the name of ICO to achieve their goal. A few of them got success but it brought bad name to the crypto world and to ICO's especially. And now we have lost trust of the investors in the crypto industry.
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It don't cost much to run a bounty. compared to what they can achieve if the project becomes successful, its very very low. And whatever they have to pay, they pay in the same tokens so they actually do it for free. Almost free if not totally free.
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Buying with fiat is not a bad idea. Infact you can make good profits if you time the moves rightly. I mean if you can predict the time of bear and bull then you can get in and out of the market at the right time while making some handsome profits. But for that you need to be top guru in trading and to have luck in your favor.
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No one can guide you 100% in this regard. You have to be very lucky to hit projects like these. Spend some good time and learn about alot of projects then you'll be in a position to better judge about these projects and then make a decision.
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ICO's came, remained successful for some time and then lost their credibility, IEO's came, remained unsuccessful all the time and now they are also gone. I believe these are all the tests and something more reliable and authentic will come after all these experiments that will take over from these ICO's and IEO's.
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Well the airdrops are pretty risky. They collect all the informations and even then we are not sure that they are going to reward us with something or not. While collecting the passwords, they can also guess the password for individuals. Most people usually keep same password on different websites.
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Well i also think that the majority of the alt coins are going to be dead. Unless there is no real purpose of a coin, it won't survive. But having said that i also believe that there are going to be some projects that will rise up and will make someone billionaire.
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I also believe in that. With the passage of time, crypto industry is getting matured and the early free money collectors are pretty much gone now. Now only the good products will sell. So the bull run will come but it is going to be a mature bull run. Also the investors are alot more intelligent now.
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You are not missing anything. Actually there is not much life in the cryptos at this point of time. Though things are looking promising but it seems that the heavy bull that hit the market is still having its effects on it. Market is recovering but i think that the investors confidence is not so high now.
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The online wallets are never safe. There are alot of hackers in the world and there are a million things that can go wrong. It is quiet possible that someone from the exchange staff with or without the consent of the exchange starts hacking the accounts.
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Can you suggest any such potential move for guys like us. I mean ethereum don't have much life left in it but there are other projects, infact there are so many projects that one finds it very confusing to select the right one.
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Its a nice idea but how are we going to approach it. I mean lets assume that a bounty hunter has dont alot of work promoting a project and don't get paid, now what ? what are his option ? I think the only thing that he can do is that he opens up a new thread and report that project but they would had already gone by that time.
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I think you are right in this regard. I also believe that the Bounty hunting is over and is now no where close to what it used to be. There was a time when offered good money but now it don't offer anything rather just is a wastage of your time and effort.
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