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Every day throughout the year more and more new tokens are listed. Various innovations and strategies were developed to attract market interest. But it takes a long time to approach the dominance of BTC and ETH. For strong coins and tokens, it will last, while those that will not be eliminated and are increasingly worthless. The throne of cryptocurrency is still in the hands of BTC.
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I haven't joined bounties in 2017 but in 2018. And there is not much in them now.
Alot of bounty hunters saying that this has been the worst year and it was much better in 2017 and the problem is the number of participants has increased big time and because of that there is nothing much left in bounties now.
Is it true ? and if it is then the participants are going to grow even more in the coming years so that means the bounties will drop further. And if this happens then what will be the future of the bounty hunters and with that what will be the future of cryptos ?
That's right, 2018 is a bad year. There are many factors that cause it and give a lot of domino effects, namely a decrease in BTC prices, many Ico fail, a bad price when market listings. Participants are also increasing, but the bounty is also increasing as the popularity of cryptocurrency increases. I think bounty campaign is still very profitable if we are able to analyze projects that have a good future. |
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Price changes are very difficult to predict, but we must have hope that prices will rise again. The right investment technique in managing capital must be considered well, by determining the lower limit as a Bep.
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In order to be successful as a bounty hunter we must have a strong commitment to be consistent and understand the rules well. We also have to be careful because many scammers try to steal and use our accounts by re-registering our data. We also have to understand the various risks, that will make us survive in this field. Luck is also very influential, so don't stop wishing and keep trying.
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Yes, I'm very scared. In the past few months, I have suffered considerable losses, many fake traps and walls have affected me in an analysis. I prefer day trading so this is quite difficult. Hopefully, this saturation will end soon.
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Sometimes I'm afraid if the price goes down. So I often sell these tokens immediately before they get worthless. If possible, I will buyback, but rarely do I do this especially in 2018, the development of the price of Ico is very disappointing.
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This is no new discussion in cryptocurrency, The reason for putting everything in different cryptocurrency is to manage the risk of loss and take advantage of varying reaction of different coins. The idea is applicable to stock investment as well as cryptocurrency
You are right. By taking advantage of various opportunities from different coins and tokens can increase opportunities for profit. It is also a precautionary measure if there is one coin that has decreased prices and threatens our investment. |
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Don't force entry into the market, many traps in the market today. Op right, wait and see, we must be careful. Hold or sell must be determined properly, do not rush. Do with your own risk.
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Anonymity and decentralization do have a disadvantage for cryptocurrency if they are related to the legality of the government. But on the other hand, there are also many other benefits offered if you can reduce the risk factors that exist. The decision is in each of us with all the risks.
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Altcoin also provides a great opportunity for users to make profits. Most of the altcoins I get from bounties, these tokens give me a big profit when the price is high after listing on the market. For me this is a very pleasant job, I like investing in my own way, not spending money directly but "working" first to get the token.
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A very inspiring story. As a bounty hunter, we really have to be patient and careful in choosing projects, doing assignments and obeying rules well in order to get maximum stakes. The luck factor I think also affects because cryptocurrency is full of surprises. Trying as much as possible, hopefully, we can also get maximum profit.
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Basically, I'm more interested in tokens or coins than the products. As a bounty hunter and trader, I tend to see the product as an indicator of market interest. So, it's not thought to use it if it's not required, for example, the product is an exchange or wallet.
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Easily affected, that's the dumbest I've ever done. I suffered a loss of more than 90% because of being affected by Ico's advertisement, I ignored the analysis because I thought there was a lot of interest and would be successful. Finally, I regretted making a decision without consideration.
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I think with the downward trend at the moment; the cryptocurrency market is impossible to happen the bull run at the end of this year 2018. In my point of view, the chance of the crypto market to recover is in 2019, when the global economy is improved, and the concerned demand grows like stock and real estate market.
Yes, you are right. So far the market is still very saturated, it's hard to get up. We must patiently wait for the next surprise. Bull run effects last year, maybe many of them sell their assets and others take part in the sell because prices continue to fall. Hopefully, in 2019 there will be positive news and prices can bounce. |
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I do not like the condition of the market now. I see too many possible traps. Personally, I would prefer not to invest, and wait out the next week - two until the situation clears up. I am sure we are waiting for an even stronger collapse.
Me too. It's quite risky, a lot of traps like you say. I have been stuck fake wall several times and finally have to cut loss. Moreover, op is a newbie, so you have to be more careful, first learn how to analyze the market properly and don't get caught in Fud. |
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Tell me what is the point of selling coins right now? You just fix your loss and nothing else can be done. Better wait for the right moment.
The decision is in its own hands, dyor. Maybe op doesn't want to experience bigger losses, so he decides to cut loss. Then the analysis is very important, the mentality is also needed, any technique chosen can hopefully secure our assets from this bad market. |
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The coin or token that I bought depends on the circumstances. I like good news because it has a significant impact. For example, there are coins or tokens that will be listed on one of the beneficial markets such as Binance. Usually, the price will shake out, so I will buy some, prepare a reserve fund because it's quite risky, dyor.
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The best Exchange? The main criteria for me of course must be large volume, attractive appearance, and easy to use. The exchange that fulfills that for me is Binance, then coin, and okex. Actually it depends on coins or tokens to be traded.
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If you are afraid of losing your crypto asset then you should buy hardware wallet, trezor and ledger nano can hold the coin you've mentioned so you should be find if you buy hardware wallet. I consider it as a cheap investment for my crypto security, bought one ledger nano last year and i never worried about my coin.
Very good advice. Wallet hardware is the best, it's very safe so you won't be afraid anymore, even though the price is a bit expensive but it's comparable to the comfort you'll get. If you don't have the funds for that yet, the online wallet is also quite safe provided you are able to manage your security. Don't use a wallet exchange because it's prone to hacking. |
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As a bounty hunter, what is needed is effectiveness. If you work all day, then choose the bounty that you can do the rest of the time you have. Understanding ability and will is important to be able to do it to the fullest. Do it casually and most importantly according to the rules. So you don't need to stay up late if you know the right bounty portion for you. Regarding the results, it really depends on the success and continuation of the project that is followed, difficult to guess, so don't expect too high.
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