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I think that trading still the best way to make BTC right now, because Bitcoin is much safer than altcoins in this market status, and also the number of investors and traders of BTC is really the biggest among crypto fans. There also some other profitable ways, like freelancing, and holding.
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Yes, it is possible that bounty gets stopped if the ICO fails to reach at least the softcap. And in this case, if the project is legitimate they will refund their investors and bounty hunters will receive nothing because the token sale already stopped and obviously the tokens are worthless.
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The strategy of IEO's marketing is different than ICOs marketing, because usually IEOs don't need a big marketing budget as ICOs, since the exchange itself will do some advertising work for them, and also even the simple job of bounty hunters is enough for IEOs since it is more preferred nowadays by investors than ICOs.
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Yes, there are many bounty campaigns not accepting newbie users, especially for signature and Content bounties, but most social media campaigns are accepting newbies. You can pay a small fee to get the Copper member rank, which is considered by most campaigns as a Junior member, and it will allow you to join many campaigns.
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The community is very important for every crypto project surely, but there are many interesting factors that have to be existing in the project to have a big community, like the good product, the attractive concept, the experienced team, the detailed whitepaper. Without these factors, I doubt that you can build easily a strong and active community.
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Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
It is not the case for every bounty campaign. There are still many good projects directed bu honested managers and usually these projects pay out their participants with valuable tokens. It is always depending on the project you are advertising, if you advertise a shitty project, then you have to expect to receive worthless tokens, or getting scammed. |
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Coingecko is the best alternative to Coinmarketcap in my view. It is giving almost the same detailed info about the coin (the chart, the markets, social media links..) and also it is a bit better than CMC because it is listing so many coins not yet listed on Coinmarketcap, but already listed in exchanges.
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I think that Ethereum, Litecoin and BNB are the best altcoins actually for a long term hold. Ethereum and LTC are considered among the most promising altcoins and have big communities and a big volume of trading, while Binance token is increasing highly since its creation almost.
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Generally, I avoid participating in any bounty campaign asking for KYC, because I don't feel comfortable with sending my personal documents to a strange team even if they look experienced and trustworthy. Also, I don't see any logical need to ask the bounty hunters to do a KYC.
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In this market situation, bounty hunting is sometimes unpredictable, because even the projects that have the potential to succeed may fail to reach their softcaps, or even not reach the market. The research isn't enough nowadays, but participating in many good campaigns may result in a good payment after a few months.
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The last time I used Etherdelta was a few months ago, and it was safe to use (just you have to access with Metamask and don't import your private keys). But the volume of trading there seems nowadays very low, and it is almost replaced by Forkdelta and many other decentralized exchanges.
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I am investing in IEOs especially running in Binance, because it is the most trustworthy exchange, and usually it lists only the high-quality projects on its launchpad. But if the project is convincing me, and looking solid with high potential, I can invest regardless of the exchange which runs its IEO.
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Obviously the old bounties were a lot more profitable than new bounties. In the past, even the number of participants was very limited, so the payment was high too. Now the pool allocated to bounties is smaller and there is a big number of participants in each campaign.
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No any difficult task and we can earn free money that why so many person join the airdrop. But these days so many campaign scam and few campaign is good..bounty is better than airdrop but so many task we have to complete during the campaign
It is not safe to participate in most airdrops running actually, and even if the airdrop is legitimate, don't expect a high profit, because the payment rate is very low. It is sure that bounty is better, but not any bounty, only the campaigns linked to the promising projects that have the potential to succeed. |
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Ever since the market went red, have you guys received any tokens from the bounty campaigns you have joined? In my case, I haven't received any and I've asked the devs of the projects that I have participated in and they told me that they are following their roadmap and focusing on their product. Are you in the same situation as me?
I received some tokens this year, but compared to previous years the payment is lower and the tokens get longer time to get listed in the exchanges. As you stated above, one reason is that the market is down actually, but also the number of bounty hunters is highly increasing; so now you have to expect a lower payment rate. |
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The whitepaper is indeed very important, because it shows us the quality of the project and the experience of its team. The promising projects which have the potential to succeed, have usually good whitepapers with many details about the roadmap and the token, and the ecosystem.
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I feel more comfortable with IEO projects, especially if the IEO is running on big exchanges like Binance and similar trustworthy exchanges. With IEOs you can be assured at least that the token will be listed after the sale, which isn't the case for most ICO projects, and people investing in ICOs are forced to wait several months until the token gets listed.
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It is really strange that you are trading for 2 years without making some profit, this period is usually more than enough to get the required experience in this field, and to improve your experience. Maybe you have to focus more on getting the knowledge about choosing the coins to trade, and how to analyze and study the market and the charts.
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The bounty hunter must choose the most promising and paying campaigns, and if he isn't feeling comfortable with the bounty rules, the best decision is staying away from participating. We can't blame the bounty manager, because he is simply doing his work, so we need to check the quality of the project and the bounty's rules before joining.
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