I'd like to start trading, but what happens when you get profit from a new coin? you pay taxes as individual (like capital gain) or you must open a registered company?
I'm not really sure where you are from but in our country, there is no such tax yet for such things like crypto incomes. But if you are really intending to pay taxes, I think its alright just to pay as individual but I think there is a limitation. |
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It's that True if you are a truly bounty hunter you will experienced to promote a scam project ico ?
Yes it is very true. Havent you really experienced such thing yet? If no then you are so fortunate, with the current state of many scam ICO, it is so easy to fall victim. However religiously study or research an ICO, nothing can help you when you encounter a scamming one. |
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It really is hard to believe that there are some ICOs who are intended to scam people. There are all hypocrits and rely on the weakness of people especially those who are new to bitcoin. So sad.
As long as there is money involved, it can never be too hard to believe. This is also one of the reasons why bitcoin and other crpyto are so hard to be understood by other people and always seen as scam. |
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I dont really think it is that important. I think the most basic thing KYC does is to filter multiple participation in bounties and scammers. Cryptocurrencies is more known for anonymity and KYC just trashed that. But still, do you think those who are submitting KYC documents are submitting their true identity? I dont really think a hundred percent so.
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In the News and on the internet, you find people talking about cryptocurrency; some are actually in support of its existence and usage, while others are not. What actually brings about this diverse opinions?
Usually those who are not in favor of using cryptocurrency are those who still want to live in the old world. Not willing to accept the changes which the modern technology brings. And of course since the new generation believe in crypto, they will always support and spread the information about it. |
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Have you ever asked yourself this same question each time you panic sell during a bear market like this ? who are those buying? why are they buying? what will they use if for ? these are the questions i do ask myself and it helped me hodl some of my token and later made some profit from them .
I think there are actually very rich people that are investing in cryptocurrency that are buying these stuff, and also some faithful to some coins are wiling to buy them and hold them. Some investors also are waiting for chances like that to buy cheap coins. |
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its too much dude.
I just took the 10 bounties enough to make me dizzy, how about 50 bounties
I feel that same way with at most 8-10 bounties, twitter, facebook, and telegram and really makes me dizzy after 5 hours in work and my shoulder really hurts. Does he have robot arms to work in the computer that much? I envy him really that he can work that much. |
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That is actually a very good way to earn a lot of coins/tokens and if I can really do something like that without compromising my job, I think I will too. But can you still sleep with that much bounties? I mean with social bounties you have to post and report every tweet, posts and that takes time.
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I would really like to hear some celebrities endorsing some coins. Celebrities are know for advertisements and surely they wont quickly accept endorsement for coins/tokens that could be harmful or much worse a fraud. Another thing is that it could really boost the investors of the coin.
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If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
For me it depends on the transaction. If I want to save my money in a secure place then a bank is the best place. but if I want to invest then Id rather place and invest it in crypto since banks give so little interest and investing in crypto can really be profitable. |
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I join 50 bounties and spent my time in front of a computer what was reasonable..?
That was very hardworking of you. If you have no other work to do, then I salute you to be able to handle such work. If I can do that I will too, But I cant really imagine how since you can only participate in 1 sigcamp, so most of the bounties you participate must be social, content and translations which really requires hard work. |
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You know, if you really wanted to invest, you have to consider first if you can handle your loses in the worst case scenario, that is how you can stay sane. Because if you invest more you can handle if you lose, then you could have a problem.
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Yeah its very clear that a lot of ICOs this year have really suffered unlike last year (2017). Most coins/tokens this year have trouble rising their price in the market and most bounty hunters are just waiting the their coins to be listed and to dump it.
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It's that True if you are a truly bounty hunter you will experienced to promote a scam project ico ?
Yes it is true, that bounty hunters here experienced scam project too and i can testify that with my own experience. There is no guarantee even if you participated in bounties where the managers are top of the list. |
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Should I invest in cryptocurrency and ICOs?
You should, and many have profited from doing so. The real question here is what ICO or cryptocurreny are you going to invest since this is the main thing here, investing in ICOs or coins where you can profit well. |
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I will ask you which one is the most beneficial of these two things? what will you choose? and explain why you chose it. who knows it will give input to everyone who reads. if I myself might be a bounty can be profitable and maybe the results of the bounty will lead to trading. What is your opinion? share your experience here
I think doing bounties is more benificial than trading. Obviously you dont need money to earn in bounties, only your time. And worst case scenario you'll be scammed, you have no money to lose. |
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Do you think bounty hunters are a job in your spare time, additional income or is it the main job and the main income of people?
I think participatin in bounties is a very great additional income where you dont have to go anywhere else just to work, and you can do it on your spare time. But can really think of relying on it as a fulltime job as payments for bounties takes time and the amount is consistent. |
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I don’t mind that a lot of people are everyday here. Our trying to be rich is clear and the majority of us are ready to make crypto our fulltime job. Of course, it could not be so easy at the beginning but I am sure that the amount of participant on the cryptomarket will be grown so much in the future it just needs in becoming more popular and so many organizations will lose their employees because of crypto. I think that it is the one more reason of crypto’s being banned. Are you ready to give up your job to be here or not?
I have always though of earning in crypto as sideline. Just like investing, you can hope to earn a lot but never rely your income on it as to quit your job. Just go on with your normal life and continue with your job. |
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Just trust yourself because in the end it will be your decision. Companies will always say that their product is good, but sometimes it could be just an ad for them. Try to hear from the experts too.
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There are many ways people earning in altcoin in regular basis. What is your methods for earning in altcoin?
Trading?
Airdrop?
Bounty?
Others?
If you really mean earning altcoin daily then theres no other way but to trade. You can never earn altcoin daily or even weekly if you try bounties eincluding airdrops becayse it takes time to receive from that. |
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