As I am new in crypto world so currently I am doing bounties and increasing my knowledge, observing few ICOs. As soon as I will have financial strength, I will start investing in crypto.
Some people panic once they see that the price of their coin is dropping and they just sell their coins. This kind of panic selling affect the market price of the coin. In my opinion, generally this kind of impact in the market is temporary. Price of the coin again starts improving after some time.
I think few people who enter in crypto without any study and make losses leave crypto but for this they themselves are responsible. Every day many new people enter in crypto world. People who understands crypto, do proper studies before investing and know when to hold their investment will never leave crypto.
In my opinion, money is a very big motivating factor to pursue any job. Few bounty hunters once they get their reward they want to convert it into cash and when they spend/invest that money it further motivates them for their work. I think once bounty hunters gradually gain experience of crypto then people who has holding capacity will definitely hold their coins.
Thanks for sharing your experience with us. It is a good motivation for all Newbies I believe that hard work never goes waste. It can take time but you will definitely succeed if you are consistent and believe in your work.
I request all seniors to please send some motivational message for newbies at times.
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Bitcoin and Altcoin are related as Bitcoin’s price movement generally affect the price of Altcoins. Bitcoin is the 1st Cryptocurrency and after that only Blockchain Technology came into picture.
Being a Newbie, before participating I am gaining knowledge about the project, their team, bounty manager and whatever is helpful to gain information about the bounty. For me it is too early to identify about genuine or fake one but I think if we will set our own checklist of few important points, we will be able to identify about Fake Bounty to some extent.
I joined Crypto because I wanted to understand the blockchain technology and I am in the process of learning and hence getting an opportunity to earn while learning. Also, it is my interest area as I am from financial background.