I began to hesitate to follow the rules, some people said my data was not safe and the company could just sell data like the Facebook case some time ago.
I will choose not to provide my data.
Providing KYC really have PROS and CONS and we have to be very careful in giving our personal information. Identiy theft is quite common for those person who have given their personal details to someone. I hope there will be a protection for all Bounty Hunters with regard to KYC. |
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So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested.
This is really the good thing to do besides it is your money to invest and you should be very careful on investing on a certain project. Some projects can really deceitful and will do some promises. I guess you look for something that offers "SMART" projects. Specific Measurable w/Measurement Achievable Relevant Time-Oriented |
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You are correct. ICO Websites are just guide on what ICO are now active but not a basis of what ICO we should choose. They are paod and we don't know if they are making their reviews bias and in favor of one ICO. We should make our own research on our desired ICO.
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Still you are at the right path right now. Well, it seems that we have a bearish market and bounties were really affected but don't lose hope. Right time will come for all of us. I guess you are just new and you should acquire first enough knowledge and skills in Cryptocurrency so you better consider joining bounties as training. Don't expect for great reward.
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2019 has been a year with mixed feelings for crypto enthusiasts. A lot of bounty hunters have now switched over to trading, because bounty is no longer profitable.
Some have combined the two (both bounty and trading), while larger percentage are still into bounty, despite not being profitable.
I envisage that in two to three years to this time, the population of people on bounty will reduce drastically, because it will no longer be profitable as it used to be.
You are definitely right. It is really wise if we all learn something aside feom doing bounty to be more productive and profitable. The most important thing is that we never give up to Cryptocurrency. The reduced number of bounty hunters is quite a good news to community because the one who give up I think are the spammers who don't really dedicate their time and commitment to be part of a good Bounty Campaign. |
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This is interesting. Thinking of a bullrun nowadays is very common and some really wait for that moment. Some said that it happened for a period of time. I don't really check BTC on a daily basis, may I know when that "bullrun" happen? I am a long term investor and I am waiting for the real bull market which I think will happen soon.
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Considering how many Bitcoin believers (maximalists) there are, with their specific beliefs of how cryptocurrency should behave, it's becoming more evident that Bitcoin is a religion. After all, this popular movement of decentralized finance has impacted our lives one way or the other. The world has its eyes on the direction of Bitcoin as a digital currency which determines the path forward of Blockchain technology. According to Google, the term "Religion" means the belief in and worship of a superhuman controlling power, especially a personal God or gods. This becomes true especially when many Bitcoin followers believe that Satoshi is some sort of "god". Hence, if Satoshi would reveal himself to the public, many people will follow him. Nonetheless, what are your thoughts about this?  First of all, I don't want to create a debate about this matter. I just feel to give my "two cents" for this topic. Blockchain and Cryptocurrency is a great discovery and invention but I don't think we should worship him as "god". We believe in Cryptocurrency but not to the extent that we will be create a religion and make Satoshi Nakamoto a "god". There are great inventions also and great inventors who are known, why we don't consider them a sort of "god"? One answer will be appropriate I think. It is because we already know that it will not be appropriate and would be an insult to our One and Only True God. |
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Crypto will survive and it will stay. Look at the price of btc and other alt coins we manage to survive in the bear market. Many companies are now looking at blockchain technology and invest in research on the benefits it provides. Big companies like Microsoft is now into blockchain and Ethereum is their preferred platform.
I agree to this. The awareness of people as well as the companies in the outside world are starting to enter our world which makes it very positive on our part. BTC and Altcoins will not just survive but will excel if proper actions will be done. I am hoping that we will achieve what we need to do whether it is regulation or implementation of rules. This simply means only crypto users causes the bearish moment and the bull run
Make the right decisions This is true, don't forget the whales who own large amount of coins, they have a big effect on the market for whatever decisions that they will make. |
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If you will ask me if I will borrow money with the value of Cryptocurrency now. Why should I? If that is for a life and death situation, I think I have no choice.
But if it is not, we need to rethink because it has lower value now and anytime we can experience a bull run. There is no such thing as low volatility because volatility is a tremendous change in price and that will really affect you if that happens.
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Anyone who use mobile wallets?
I think it is very dangerous.
All platforms are vulnerable for hacking. Yes, mobile wallet is the most vulnerable platform but we have to consider that our wrong habits will endanger our precious crypto on our wallet. If we are so careless on our private keys and passwords then that will be the time that hackers can easily go with our wallets. So we better keep it safe. If we have to use offline wallet then we use it for accounts that have large amounts. |
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RESTRICTIONS AND LIMITATIONS FOR PARTICIPATION IN A BOUNTY CAMPAIGN = HIGHER PAYOUTS
The limitations can be done in two ways:
1)Quantative — when a max number of participants is set and no one is allowed to join after that.
Example: Max 1000 entrants in a facebook campaign
2)Qualitative — when the requirements are raised up by the bounty managers.
Example: Minimum 500 followers to participate in an article/blogging campaign.
These are some alternative ways to get a higher payout if there is a huge amount of rewards for the bounty. Limitations was an effective way for higher quality work from the bounty hunters but it will also limit the spread of the news especially when it terms to be a social media account. It is up to the project manager or the Bounty Manager what they value that much. Quality or Quantity. I suggest that it would be better if they will meet on some point that will not sacrifice the quality. Get a team that will really have the time and commitment to check the quality of the posts. |
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While it is true that the very nature of cryptocurrencies seems to be against everything that requires recognition by a central authority, in the long term it will be necessary a certain rapprochement between both parties as both sectors compete for the domain of the economy and finance of the whole world. The problem is finding a meeting point where users of cryptocurrencies can continue to enjoy the advantages offered by cryptological money, but with the financial protection that only the authorities of the sector can offer.
That's a good point. If we really wanted to have a long term plan with regard to Cryptocurrency, we must abide with the law because it is a fact that we are still under every country's law. This may seem negative because our profit will be lessen due to taxes, fees and everything but we cannot do something about it. By this time, what we need to do is to study on how we can really protect ourselves from scammers through this regulation using Blockchain Technology's transparency. |
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To act only for the sake of risk is meaningless. A smart person, on the contrary, will try to do everything to reduce risks when investing or trading.
It’s best not to get involved in risky projects at all. I prefer to earn a little bit but with minimal risk.
I agree with you. This is what we call managing the risks. We took risk but we are able to evaluate the risks that we are taking and the consequence that we will be dealing after. Well, as for me I will still take the risk if it worth taking. The difference from being smart and a typical risk taker will be determine. I hope all the things that we have taken the risk will give us great outcome and reward. |
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I think I would say yes, that's a legacy I want to have in Cryptocurrency. But that's still a dream. I am still in the process of thinking what project will I create to help mankind. With the help of some colleagues and some investors, I think it is possible.
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The emotion thay I feel when I do Cruptocurrency is the desire to have a changed life. Why? Crypto offers some opportunities that if you are lucky enough, you will really experience that. That way you can really help your family to experience that too. That's when we feel the love of family occurs.
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When you are good in Crypto trading, even how bad is the market, you can find a way to get some amount in buying and selling coins/tokens. Proper timing is the key. You have to be knowledgable and well-skilled before you do the day trading. It is high risk but high income.
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That's a no brainer at all but in reality, not all will do it. Maybe because they consider Crypto as gambling of fortune and they are relying on luck. But for me, everything that involves decision and commitment deserves to be studied well. I will not waste my time and my life on something that is worthless so I need to make my research first before investing in ICO.
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That is ideal thinking and I admire you for that. Though in reality, price is really a big part of the game you are right that it is not "everything". When you say "everything" you are referring to as in all. Well, the good thing is that we are not really motivated alone the price but with a deeper reason why we are doing all these things. Whether it is personal or a goal to be fortunate through Cryptocurrency. Still, there is something that inspires us aside from money.
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I think these things will sum up into something simple. It is the Spirit of Right Attitude. When you have that, I think everything will be so light and will be so enjoyable. I know that doing bounties is not a simple task. It involves lots of patience, dedication and hard work. Of course, it also involves being smart and being wise because dealing with people and projects should always be analyzed and need real decisions.
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That was an inspiring story. I have heard lots of success stories from my friends about rags to riches real life stories which really inspires me. Obviously, I will not be here if I think that Bitcoin is a garbage. The best thing about Bitcoin is the ability to change lives. I cannot wait for the time that I can share my success story too.
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