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99% is exagerated but let's Say 70% of Air drop are SCAM but There are Also à lot which require You to do some other actions for claiming the tokens and that of You Don't follow their Telegram anymore You Wil Miss those Steps. There are also Projects which fail their funding and Don't distributeur their tokens. And so in the other 30 There are 29% that are Worth Nothing. The 1% Left are the Good surprise this Year like Hydro privcy or nobs crypto.
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You should quit if You think that You are spending Too much Time on Air drop and bounties for Too Little earnings. Instead You should Take Your Time and analyse each Project that You find to Know if it has à potentizl or not. You have also to remember that Bounty tasks done on social Media are not What Bring the Most Money do You have to think More about What is the Most rewarding and not do Every Air drop and bounties that You find on bitcoin talk.
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I think regulation of ICO would be a good thing as long as it is not pushed too far. Because there are so many ICOs which are scam and don't get punished for there crimes, government should track down these people and pt them in jail. But the other thing is that with more regulations governments will require the identity of the investors meaning KYC would become mandatory which is a bad thing because a majority of us wants to stay anonymous and don't want to pay taxes or anything on their earnings.
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i don't think that is is a crazy hobby, you are like someone who collect comics,old ideo games, old coins and even if what they collect has a high value they won't sell. So keep going there are so many crypto currencies, try to catch them all.
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For me HODL has the same signification as Hold it means that even if the Price of Your tokens Goes Down You Will not Panic Sell them for à low Price. Instead You Will wait for the tokens Price to go up Before Selling, so basically holding is Waiting for the Price to go up. But i don.t from Where hodl was used for the First Time instead of Hold.
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You have to be very patient when you take part in a bounty campaign because rewards take a lot of time to be distributed and also there is a huge possibility for bounty campaign to be a scam and you have absolutely no way to force them to give you your earned tokens that's why the only thing you can do is to wait and hope that one day your tokens will appear in your wallet.
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Sure, there are no problems holding you coins in your wallet. But if your aim is to earn money you will have to check your tokens prices regularly to know when is the right time to sell. Your tokens may or may not gain value in the course of 2 years you have no way to know how their value will evolve.Also at one point you will need ethereum in order to transfer your tokens from your wallet to an exchange.
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well i think it depends on in which country you are living , if you live in japan you will need more money for your daily life than if you live in ukrain. Everyday there are a lot of new bounties and airdrop you will probably need like 6hours a day to sort the good and the bad ones and to not miss the slot for a bounty.
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You have to see on the long term, you will not earn a lot of money with kind of amount, with big coin like ethereum you have to hold and not watch everyday its price you really won't make profite on a short period and it's useless to tell yourself that if you invested one day later you would have lost money you have no way to know that ethereum price will decrease
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It is not that tough if you buy at the right moment, if you buy during a pump you will probably lose money but in any case you can hold and wait for the coin value to increase, the most important thing is to not lose your money and be patient
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I think country are scared of crypto because they can't follow what you do with crypto, they will not be able to follow your transaction and benefits and thus they will not be able to tax you.With crypto which keep you anonymous people are able to purchase illegal things and not being spotted.They are also probably scared of the volatility of the market which can cause loss of money for people. I think the high instance of countries should be more informed about cryptos in order to make them more populare.
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I don't invest anything at all i can't afford to lose money and investing in ICO is too risky, you have to be prepared for the project to fail and to loose your money. there should be legislation for ICO in order to get back your money in case of a scam or a project which fail, currently it is way too dangerous.
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I am interested in cryptocurrencies because it can me earn money but i'm also interested in the hardware necessary for mining. I think more people would be interested in cryptocurrencies if it had more use in our daily life currently its use is limited
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My advice is to never send your true ID to a company you know nearly nothing of, they can sell your ID or use it to do illegal actions, so you are up to 2 choices : not taking part in the KYC and so not participating in the project and losing your potential gains or sending a fake ID and having a chance to obtain your money, so send a fake ID, you have nothing to lose and they won't be able to check every participant.
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i think the reason they don't believe in crypto is perhaps because they don't see the use that crypto can have in real life, i can't go to my local supermarket and pay in bitcoin and to them cryptomoney have no real use moreover it's also scary to buy crypto because the price fluctuate too much and there is the possibility to lose your money
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You can find bounty campaign in https://bitcointalk.org/index.php?board=238.0 but all bounty campaign are not good, you will have to sort them by yourself by browsing through their websites and whitepapers to find the one you think is the good one, also if you want to translate in russian you will probably have to apply to a lot of post if you have not done previous work translation
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I think that it is a really bad practice, giving an ID card to a company that you nearly know nothing of is too dangerous for me, they can sell your datas or even create a fake id, all that for you to gain a few bucks is totally not worth it. The worst situation is when a bounty only tell people at the end of the campaign that it is required to do a KYC to get your tokens...
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You should also be wary of airdrop in which they promise to give you token that are already listed, sometimes in the bounty section there are those kind of airdrop where they promise you an already listed tokens with little information and ask you to follow a twitter or facebook or telegram account which are in fact not the official token account.
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they probably won't be deleted, very often bounties are divided by week meaning that for example you can participate during the first week and then stop to participate but you will still receive your stakes for the first week, your stakes will not be deleted, you will receive the stakes for one week times the number of week you completed the bounty tasks
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You should begin to use twitter and facebook first and gain as many followers/friends as possible because bounties campaign very often offer a higher reward for those who have a lot of followers/friends and it is also easy to obtain a high amount of followers in a short period of time. If you are not shy you can do youtube videos as long as they are good quality to earn a fair amount of tokens. Writing long articles on medium will also make you earn tokens.
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