Bitcoin Forum
September 30, 2023, 01:48:03 AM *
News: Latest Bitcoin Core release: 25.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Other / Beginners & Help / Newbies and their Bounty scams on: June 03, 2022, 06:34:56 PM
Alot of newbies claim to be a BOUNTY MANAGER this days. To mention few:
1. Multiple Finance by Jerzei
2. Ani.Finance by AniFinance
3. Dhahab Sports token by DhahabSports
4. Fuloos token by FuloosIO

The questions here are:
  • Can this be right?
  • Can this be a good project that will pay?
  • What are their objectives for running such Campaigns?

Possible answers:
Can this be right? No, newbies including me are new members that just join the forum. They know little about how the forum works. They are learners. Learners running Campaigns for learners and experts. Funny enough, most of the newbie BOUNTY MANAGERS don't even have any post apart from the campaign they posted e.g  
AniFinance and Multiple Finance.
Can this be a good project that will pay? No, most of this Campaigns are run because of their selfish interest.
What are their objectives for running such Campaigns? Most are run to build their social media followers. They name the bounty project after their social media name and claim all hunters must join to be accepted in the campaign. To mention few:
1. Ani.Finance by AniFinance
2. Dhahab Sports token by DhahabSports

NOTE: Not all bounties worth doing. Always analyse all bounty and do your own research on them before joining to avoid waste of time and resources.
2  Other / Beginners & Help / Learning from the dip on: May 30, 2022, 05:30:42 PM
I bought some coin recently believing I’m buying from the dip but to my surprise this just keep dipping. MY DIP HAS TURNED TO THE DIPPER, EVEN THE DIPPEST.


Lesson
1. Avoid falling prey to FOMO: Almost every investors see a bearish market as a means of entering the market. In dip period like this, everyone will love to buy and keep. Most go any length to get money to buy from this dip out of the fear of missing out. This make some to borrow money to invest which can be risky.

2. Never borrow money to invest in cryptocurrency: This is a big risk and may cause serious issue if bearish continues and more dip is seen.

3. Never use all investment in buying crypto believing it will rise soon: This also affect some people. They try to invest big in dip believing it will rise quickly so they can sell for huge profit but most end up losing to the bearish market.

4. Always use DCA (Dollar Cost Average) when buying any crypto in a bearish market: This enable you to manage your lost if more bearish is seen.

Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!