Well you can't always win all the time. Losing is part of the journey. For me the best thing to do is move forward. It would be such a waste to just give up, I mean you've come this far why give up now.
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When something gets a lot of attention or becomes famous people will naturally want to get a piece of it. That's what happened to altcoin, everybody want to be part of it launching many ICO. Some were legit but there were a lot of fakes and scams which hurt Altcoin so bad. People now have lost its interest in altcoin because of the bad image it received.
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Like others here I also have high hopes for this year but in the end things aren't going the way I expected. I learned a hard lesson after losing a lot of money although it was my own fault. High expectations leads you to bad decisions and when reality hits, it really hits hard. So for this year I try to keep my expectations low so if I fail it woll not hurt so much.
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I have always been against the idea of bounties implementing kyc. Personally I don't use any social media platforms at all for I hate sharing my personal information online. As much as possible I always stat away from bounties that requires kyc. It is also not a bad idea to have back up emails aside from your personal email.
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My cryptocurrency career started in early 2018 in which the others stated was not a good year to join cryptocurrency. For a year I joined and participated a lot of campaigns but I wasn't earning that much. Mostly because of scams and just how bad the market went. Luckily I participated in some weekly payment basis and I earned quite a lot. Hope we can see a big difference this year.
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If I know any trick or a strategy I will not share it to you. This is how cruel the cryptocurrency world is. All we see is the same generic answer like if you see potential in it but the question is how can you tell which coin has potential in the first place.
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ICO's are not doing so good right now. A lot of people got tired and less hype has been going on. I wish I am wrong but ICO's are slowly dying right now. Many potential investors have been very cautious and they aren't interested with ICO's anymore.
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I lost hope in bounty hunting and started to focus on my regular job. Before I was contented and overwhelmed of how much I am earning in bounties but now it's not worth it anymore. The months you spend participating and in the end you get nothing. I think bounty hunting is going down and soon will be history. The glory days of earning big in bounty hunting is done. It was a fun ride though.
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Like you sir I am also getting worried about the state cryptocurrency is in right now. It feels like this could be the end of it all and the glory days of cryptocurrency is over. But let's not lose hope yet, in times like these we must always be positive and look things differently.
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Not only we are being blamed for dumping coins as soon as we get our rewards but now we are also being called cheaters because of some who are so greedy. Those people are hurting the whole bounty hunting community and soon we will lose our credibility if we don't do anything about it. I wish there is a way to stop this rampant cheating in bounties before it is too late.
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Knowing that most airdrops are just scams and no good that is really alarming to know that even airdroos starts implementing kyc now. I really don't like sharing my private information online for reasons such as it will be used by other people.
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It is sad to admit but bounty hunters are slowly losing their source of making money. A lot of my bounty hunter friends have started to quit and already left. Good bounty campaign is so hard to find these days and campaigns have become long and hard.only to find in the end that the campaign failed or payed you with worthless tokens. But I am not giving up just yet despite of all this hardship. I believe that in the end all this hardwork will eventually be payed of in the end.
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When choosing an ICO there are a lot of criteria to consider. Most of us here follow some certain popular bounty managers and we get to check their current ICO they handle. A popular bounty manager is also a big plus to consider. You can also check the people behind the campaign wether they are credible or not. But for me personally I read the whitepaper and roadmap in order to see if this appeals me or not.
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Yes I believe you are correct, most of the hunters judge how good a bounty is by looking at the people who manage it but for me the vision and goal of the bounty is much more better. I see a lot of ICO becoming successful even though it was handle but someone who is not famous managers. I believe that reading the whitepaper and roadmap should be the basis in judging a ICO.
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That is one of the reason I don't do day trading or trading at all. Trading is just so much work for me and can keep me thinking about it every minute. Plus I also have a lot of other stuff to attend to so trading is not an option for me. I rather stick in to holding for it is less demanding and never conflicts with my schedule.
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Eventually yes there will be other coins who will beat and take over bitcoins seat at the top. What I learned about cryptocurrency for these past years is nothing stays on top forever. Even popular coins will eventually die out and new coins will take over its place. As much as we love bitcoin, it will not stay on top forever.
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Like everyone said those free projects does not hold any value and is bound to fail. Nothing is free in this world, in order to gain something you must give something in return as well. If we don't take any risk then everything will fall and become stagnant. I preder to risk than waste my time on free projects who will become worthless in the end.
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Not really, I still believe there are a lot of kegit ico still available out there. It is just a matter of how well you can see or pick a legit ico from a scam and fake ico. As an investor it is our duty also to pick very well which ico we will invest in. We must also learn how to pick to avoid lossing our money. We just can't blame scammers if we got scammed, if we know how to avoid them then we don't have to blame anyone in the first place.
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My main reason is to find another income since my regular paying job is not enough to support my daily needs. As more as I get in to cryptocurrency the more I got interested with the technology and how amazing it is. Now I am having so much fun and enjoying myself here instead of focusing on earning and making money.
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Do you need money right now? If you don't actually need it then I suggest you keep on holding. There is no point in selling all your holdings specially when you are losing profit. Don't go panic selling like most other people do, just keep calm and think things very well. Making rash decisions only leads to regret in the end.
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