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I usually act intuitively. First of all, I appreciate the team. I try to avoid Russian projects. Although among them there are quite promising. The availability of a finished product is a plus. Well, I appreciate how much the project can be useful and in demand.
Well, I personally don't pay attention to the country the project belongs to, instead, I try to search as much as possible about the team itself, their background and social media if possible. |
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I noticed a just ended bounty campaign and a participant got 80K tokens. I was wondering what h will do with that token. I want to know what happens when bounty hunters gets more or huge tokens during campaigns.
Bounty hunters need to wait for the tokens to be listed on exchanges, it doesn't depend on the quatity of them but the value instead. |
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If KYC is needed for a bounty and I already completed months of work then I think I wouldn't have other choice then to send my personal data, however, airdrops are currently a bit lame and I don't think sending that kind of info is worth it at the end.
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What are you suggestions regarding perfect time for ICO launch? Is it during ETH drop, if ICO`s token price is fixed in ETH, or is it during ETH going up? Maybe somebody prefer specific price of ETH, for example, $ 200, or $ 400, or $ 800? Please share your opinion
I would say that you should not over think the timing. If your project is good and you have developed a strong team behind the project you will be able to raise what you need. If you are waiting for the irrational exuberance of last year to return you may have to wait a very long time. Now is the new normal and there is no predicting if things will improve in the coming months or years. It also depends on what he is aiming for, I would say that ICO projects are more profitable when the market, particularly ethereum, is pumping, so if he invest when ethereum is dropping like right now he may end up waiting too long to actually see he's earnings. |
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Unless you are capable of following a daily trading scheme you can definitely turn the situation around, but if you want to aim for long term you will have to wait probably several years until you see some progress.
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Sometimes the bounty managers themselves don't even know if KYC is required, we have to understand that most of the time they are following orders from their ICO team.
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I think neither bitcoin or ethereum have a place as the "king" of cryptocurrencies as they became popular because of the trading fever of the market and not really focusing on the advantages that blockchain brings.
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Ethereum is definitely shown as a really polished project and I think every crypto project out there should take the same approach with of course some modifications, bitcoin on the other hand is only big because it was the one that started the whole thing in the first place.
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There is no other option than to move on and wait for the market to recover, especially for those that already invested big quatities of money when the market was pumping a lot, not so long ago btw.
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If the project they are endorsing ends up failing then it could leave a bad image to them, so I think that they are not dumb to let their reputation risk that way, so I think they, or at least their advisors, now what they are doing.
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I used to think it was the perfect moment to invest on eth, when it was 270 usd but now it simply kept dropping and we don't know where it is going end up, now is 220ish and there is a big chance that it will get under 200 soon so... there may be better investments.
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for the first time, maybe you can try to follow some airdrops. You only have to enter, and if you are accepted, you will get free coins. but maybe it's not as big as a bounty. but you can try it if you don't have the capital and knowledge for the bounty campaign.
I believe that airdrops aren't that big of a thing anymore, they kept dropping in value as well as the market in general, bounties are still better because they give a good amount of rewards for the amount of work required. |
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i was thinking to sell my bitcoins and buy ethereum what do you thinkl guys
If you are still planning on doing this, I would still recommend to hold the bitcoin, even though it does offer that much of an innovative idea anymore it is still the most reliable coin, or at least, more reliable than ethereum. |
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I hold a part in a single wallet, and try to send a little of it to some others in order to pay for gas fees to trade with tokens on exchangers.
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First of all, I think that if we want cryptocurrencies to be accepted as a method of payment we should wait for them to become stable, and we don't even have a forecast of when it will happen.
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Probably due to the current drop on the market, a lot of them didn't expected this and fixed quite high goals that they didn't managed to achieve.
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I mostly get them on twitter, don't follow anything in particular, but twitter does a great job at compilating the most recent news about cryptos.
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Bitcoin already passed the 7K mark, the thing is that once it got to 20K, that means that it can still drop, which is why people call the market unhealthy.
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There are always new ways of hacking and stealing money from wallets, I don't want people to panic, but the cryptos you hold are still at risk.
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It is not near recovery, but it will definitely recover at some point, the cryptocurrency market is too promising to keep dropping for so long.
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