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You can't put the whole blame on bounty hunters for a fall in ICO price. Different factors beyond the control of the hunters or the dev come into play to affect the price. Also investors and airdroppee are guilty of dumping their big bonuses before everyone could. Likewise the developers are not to be excluded, they are potential dumpers.
Mind you while investors are served first their tokens, bounty hunters' rewards often come months after the initial distribution or are either placed under lock. So far these complications continue, every player is entitled to either sell on the spot or hold for life.
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I noticed few post deserve merit, but once I visit their post history there are only bounty report and online post. So it's discourage me for send merit to them. I don't know what is problem if you delete your spam post, and participate on constructive discussion. Most of seniors are visiting post history before send merit to demoted newbie and also I think it should be.
I must confess, am guilty of this. My first posts on this forum were either to meet bounty requirements or to report bounty tasks. I saw them serving a purpose even though they were not constructive or useful. Once a while I still look at my previous posts and see how evolving I have become; from a junk poster to a more constructive writer. What I believe is history should not repeat itself. However such history should be seen as part of personal development rather than a basis for awarding merits. As members become better users, merit will follow irrespective of any history. |
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Before participating in any bounty it is important to dig deep and be sure the project is not only good on paper, but as well feasible in real life. Once this is taken care of, there is no need to sell at loss. They will definitely hit the ICO price as the projects develop and become more acceptable and then you can sell or decide to hold forever. In short, I can't sell my bounty rewards at loss.
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What a great post on emotion management!
Something to add: Just being able to get rid of your emotions or have good emotional management when trading doesn't guarantee profits at all times. The market is still very volatile and things can go other way even in sound mind. How you manage your emotions after each trade irrespective of the outcome matters as well. I would love it if the poster can share something on emotion management after trading. Thanks
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I think both investments are good and profitable depending on the performance and potential of the coins/projects that you have invested in. The only risk I see for long term is when your target is not reached after years of waiting.
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Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.
When you said maybe there should be limited number; like how many exchanges do you think can handle thousands of cryptocurrencies and still provide enough liquidity for each one? The space is wide and we need more. And on the other hand, I will prefer more of decentralized exchanges to regulated ones. |
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So many people are interested in amassing wealth without giving a dime to the less privilege around them, yet they will still be among the first to criticize the government in its failure to eradicate hunger and poverty in the country. You should also know that the duty of eradicating poverty must not be left to the government alone. You must also contribute your quota.
If you have worked to be wealthy or lucky to be one, you should see it as a social responsibility to help the less privileged people in the society. If I may ask, do you feel comfortable driving past several beggars on the street when you have billions of money in your account that you or your entire family may not be able to exhaust in the next 100 years?
Think about this seriously. With the so much money in the world, poverty can greatly be reduced if not totally eradicated.
All that is necessary is the distribution of this wealth.
There is enough to go round.
Note:
You must not necessarily give physical cash or money directly in order to help the poor or the less privileged. You can set up an empowerment scheme where they could be empowered or work to earn a living for themselves. It is like teaching them how to fish instead of offering them the fish directly to eat. I guess it is best that way.
You've raised a good point on how to eradicate poverty and that's by giving; giving in whatever capacity: cash or kind. But it is not as if you can force or compile people to do so. Giving is a deep concept that requires good understanding of it for anyone to do it freely. Just do your own part. Only few can freely part away with their wealth to help others; it is human nature. I don't see eradication of poverty anytime soon. |
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Is anyone know there is any crypto exchangers who dont ask kyc ??
Like its no bs transaction you send them coin they send you money with western union monegram or bank transfer.
Or you transfer them money they dont ask stupid questions they just make the trade happend.
Is anyone like this ? I spoken my friend from former soviet union country he said he dont care if only customers he can do exchanger without kyc.
Since fiat is involved, most exchanges will definitely require you pass KYC or a kind of restriction will be placed on an account without KYC. You can still find such exchange that you are looking for, but first look within your home country exchanges. Just thread carefully |
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i don't invest anything accept time, electricity and internet, because i joined the bounty and i get my coins from this bounties
It's not as if you invested nothing. Let's cost the time you spent doing bounties, the electricity and internet that you used and we might conclude that you invested money. Although you might not be the one paying those bills but they are something. Nothing comes out from nothing. |
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This is a welcoming decision as the intentions are clean clear. However I still feel the whole merit system should be more balanced and unsentimental. What is the essence of having numerous meaningful posts without a single merit? This is discouraging, and who cares? Consider a check into the merit system as well. Gracia
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I just use the #followback hashtag on twitter. As soon as you you start to follow people with this hashtag in their description, twitter will start to suggest you new follower that have this hashtag in their description. When this happen, use the suggestion from twitter and when you follow someone from the suggestion, the suggestion auto update and add a new account with this hashtag. In a matter of minute you could follow hundred of account with the hashtag followback. In my experience more than 90% of the accounts with the followback hashtag will follow you back and therefore you could increase your number of followers really fast!
This is exactly the same strategy that I used months ago when I needed certain numbers of followers to participate in some bounties. It worked very well for me as the number of my increased within few weeks. However, I observed that a lot of followers appear to be fake and were not organic enough for the purpose I intended to gain them for. Well, I'm in process of making my followers more organic by engaging people in serious discussions and by sharing useful thoughts. Your strategy works fine at no cost. |
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Deposit fee, withdrawal fee and trading fee will suck up your profits if you don't have a substantial amount and you risk losing everything if you are not a good trader. Best advice is to start with what you can afford to lose. You don't need to earn a certain amount before you can buy bitcoin. All you can do is to set apart a particular amount from your earnings to buy and accumulate bitcoin every month.
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So BTC and most alts are down 10-25% pretty much across the board from 6:30 est. this morning.
So what do you think guys, buy this dip or wait for more blood?
Only if the poster was so sure of more dips, but did ask whether to wait for more blood. Now, the dip is "dipp-er." Everything is risk. Simply take the risk; buy the dip and wait for recovery. Green days are coming. |
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Most of altcoins are down with this market. So many experts and news say BITCOIN will go up in this year end. I think if Bitcoin goes up, other alternative coins are going up. So is my point true, What are the best coins to buy with this low prices.. Or Isn't this the time for buy coins?
In a long time, this is the best time to buy coins and accumulate your favorites. The best are still BTC and ETH but are not of low prices. Just head straight to coinmarketcap.com and limit yourself to the top 100. Do your homework on the ones you think are of low prices. Make sure they are coins with use case and of high potential, then buy. |
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this is a minds war people need buy in low price so they spread the FUD so panic people selling and spread crypto going worthless.
if you believe hodl and go sleep or drink coffe wait the price going higher
I agree with you that the whole crypto is dead is just a mind game, a propaganda to set people to sell their coins. We see it working since a lot of people trade with emotion. But once one has been in the game for a while, one will know that crypto is here to stay. "Crypto is dead my foot" |
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It can be tricky thinking your money disappear but actually it goes nowhere. What is at play is the change in price/value of bitcoin which determines the value of what you bought. As the price changes, your investment also responds in the direction of the bitcoin price.
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My greatest trading regret was joining and participating in pump groups. I lost some much money before I knew it was to lure newbies and dump on them. A simple buy and hold would have been much better, but greed and get rich quickly didn't allow me to make the right decision.
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Every day I look at the market, I have the same wish as well; I wish I had dump some coins. I know now why I didn't sell then; greed and indiscipline were the root cause and I accepted the consequences.
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To be sincere, I select my bounties these days based on instinct. I pay less attention to whitepaper since the day I saw freelancers offering whitepaper writing as service. The truth is that scammers become smarter about their wicked acts day by day, from website, whitepaper, to roadmap and ICO ratings, making everything look real. Earning in crypto has never been easy including bounties.
Great article, and I look forward to the second part of article.
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This is a well detailed information for anyone looking forward to exploring the airdrop space and earn some good tokens. Thank you for posting this
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