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Telegram username: @kayode86
TAU Wallet Address: TA86SQjfMzKLejag5HfxfxW8f7HDbM2bmm
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Getting reach overnight? I think this is a big misconception. Crypto is not a magic, of is a work or business. I used to tell some people that if you are not patient in crypto, it is possible you won't make anything. It is true that you can it within a short period of time depending on your level of involvement and how bold in taking risks. However, people must get rid of the notion that you get rich in crypto overnight as if you are not going to do any work. Patience is one of the keys in crypto biz.
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Some bounty hunters can eventually become and investor when they see the bright future of the project they are campaigning for. Although this is on rare occasions but it do happens. I know four friends of mine that eventually invested in the ICOs of the project they campaigned for and I personally have only done that once, and I'm really happy I did. Still planning of doing more if I get a very good project.
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There still some ICO that are very good participating in them. The fear of many scam coins all around is what is making investors to retract. Some projects once they are listed on exchange, it's nothing to home about again, the price will be even worse than ICO price. Some will not even work on developing their coin let alone being listed on exchange. These and some other reasons are making afraid of participating in ICO. However, we still have ICOs that are very good participating in, we just have to choose carefully and wisely.
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No, in fact I see about 2% of altcoin surviving in the future. There are just a lot of useless coins, fraudulent coins all over, the intention of the developers is to swindle investors and bounty hunters, after that, they disappear into air.
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Now is a very good time to invest, the market is red now. You can invest now. All you just need is too invest in good coins. I will suggest BTC, ETH, NEO and some other high ranked and consistent coins on cmc.
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Nooooooo. I will not subscribe to such ideal. If you are into crypto, you don't need to sell your fiat assets. Two can go hand in hand and complement each other. In fact, you will have your risks spread across. Put more efforts to crypto as well as your fiat assets.
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KYC is a good strategy for bounty campaign. In fact I attach more seriousness to the project that requires kyc because there is this instinct that many of those projects will be successful. Kyc is a method of denying some greedy people who use multiple accounts so that chance will also be available for others. I am a big supporter of kyc.
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At this present moment, it is better to hold because if you sell now, you might be selling at a loss. However, if you feel you've gained something from your investment or bounty tokens or if there is no other means of getting money, you can sell, but if it is possible just sell some and keep some.
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This do happens often. These are some of the reasons that give rise to this:
1. If the supply volume of the coin is too high
2. If the project fail to distribute tokens as promised. Both investors and bounty hunters will lose their trust, the moment such coin is listed on exchange, the next thing is to dump
3. Most of the time, it's a normal occurrence due to market force and after a while, if it is a good project, it will rise again.
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A very big lie, there are a lot of airdrops, worthless one indeed, I don't even believe in a lot if airdrops any more. Many of them are scams, fraud. I've gotten some airdrops for 6 months ago, there was no any hope of them that they will be on exchange in years to come. Some people even create fake airdrop and they request people to provide their private keys - fraud, don't be a victim.
However, if you're a lover of airdrop, there are only few airdrops that are good to some extent especially the the comes with bounty campaign, so if you are able to jam one of these lucky airdrops, then you're good.
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We need to be very careful of the notion of getting rich very quick, things just happened, it is a step by step, imagine those that have made it big in crypto world, if we ask them I know they will tell us that it didn't just happened within a twinkle of an eye. Those that have a high rank in bitcoin forum have started long time ago with a lot of ups and down experience.
My take is that, when we work very hard (through bounty campaigns, airdrops) in crypto world coupled with trading if you have the capacity, then when the rewards are rolling in then will be amazed. What should be on our mind is how can I make it crypto world by working hard.
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I think there is a way the price of bitcoin affect the price of altcoins, probably because bitcoin is the foundation that gave birth to altcoins. It has always been a norm, when the price of bitcoin is down, altcoins follow and vice versa.
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Yes, that is the word. Investment needs a lot of background study and wisdom. I know some investors that are still holding their coin till now, because if they sell it even a week after the end of ICO, they will run at a loss. A lot of projects are not worth investing in. Another point is that, don't put all your eggs in one basket, that is, spread your investment across so that risks can be shared also.
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These points may be helpful when the market is weakening:
1. Don't panic, be optimistic and understand that is the nature of the crypto market. Market forces will always have its way
2. Holding: try and hold some coins you have at hand because if you rush or panic and sell at that price, you might be selling at a loss
3. Invest more if you have the capacity: that is the time you can invest more if you have the ability and later you can sell at a good price.
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A good bounty must have some of the following characteristics:
1. Product that the project is working on.
2. The managing team, are reputable team with their clear faces on the internet
3. Read the white paper and understand the idea behind the project
4. Telegram community. Try to campare the number of people on the telegram and the telegram spreadsheet of the bounty. If the number on the spreadsheet is almost or not really far from that on the community, then you should know that the number of bounty hunters are too much than the investors.
5. Have a weekly check at the website to monitor the project progress.
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The moderators do not take this lightly, posts that are irrelevant to the topic are deleted. If you copy and paste other peoples post, that is plagiarism and it is a grave offence on this thread. You might get away with two or three plagiarized posts, but if you are discovered or caught, your account will be banned straight away.
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