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Author Topic: Bounty Money  (Read 13612 times)
Bonanzabits
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May 10, 2018, 02:51:36 PM
 #1421

I think that bounty money is easy money, that's why it's easy to spend them. Always leave part of your cutlet in the currency in which you have bounty credited, the other part always should invest in the flagship of the market - bitcoin. Well, some balance must be deduced for everyday spend and the materialization of your work.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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JACKSW4G
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May 11, 2018, 01:40:13 PM
 #1422

I do not know, I have not earned anything yet on bounty campaigns. Most coins simply have nowhere to sell, and some campaigns do not pay anything for months.
acheampong64
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May 11, 2018, 04:23:22 PM
 #1423

I do not know, I have not earned anything yet on bounty campaigns. Most coins simply have nowhere to sell, and some campaigns do not pay anything for months.
Yeah and that is because of what happened to Bitcoin and crypto in general from the beginning of this year. Last year was the best year for making huge profits but the table has turned now (though you can make money if you get a good bounty). Investors are highly skeptical about joining and as such some ICOs extend the sales for many months and some still don't even get to softcap.
But I think we'll get back to what happened before. Even if we do not, we'll be a bit close to that. As for this year, I think we'll be making steady profits which is good anyways. They say half a loaf is better than none. Let's hope for better days
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May 11, 2018, 04:29:04 PM
 #1424

That person posses patience and great luck, i will try do the same this year and hopefully i will achieve that success. However, some bounty hunters don't hold but will just want an easy profit whether the price of their altcoins are very low.
I think we shouldn't blame bounty hunters so much. It depends on what the person think about the project, or even from past experiences. Some people HODL their coins and it drastically lost value. So what do you expect the person to do the next time? He'll surely sell off to escape such a loss again. Also someone has been very lucky and being in so many successful projects. That person will also develop the habit of HODLing. So a lot of things will make a bounty hunter take different decisions. One other funny thing is that. Some investors have even started this habit. They start massive dumping once they get skeptical about the project.
Vaiper
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May 11, 2018, 10:42:35 PM
 #1425

I don't know where you meet these individuals. I immediately after the termination of the company sbagrivayu all currency on the market. Except in rare cases, when in my opinion the currency is promising
hoangz99999
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May 12, 2018, 11:47:43 AM
 #1426

I think that bounty money is easy money, that's why it's easy to spend them. Always leave part of your cutlet in the currency in which you have bounty credited, the other part always should invest in the flagship of the market - bitcoin. Well, some balance must be deduced for everyday spend and the materialization of your work.
Thats what I think, same opinion
Stamil
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May 12, 2018, 12:45:44 PM
 #1427

You're right. Many bounty hunters hold the reward for bounty for a long time to get a lot of money. Only need to choose a good project, so that eventually the price of the coin could fly to the moon. I think that I will also be able to become rich thanks to the Brickblock project Cheesy
KolinBitcoin
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May 12, 2018, 12:46:58 PM
 #1428

The issue of waiting for years before selling bounty rewards or selling the reward  early at low fiat  depends on various individual target and expectations. I know people who held on to their bounty reward for a long period and when it was sold, they made tangible money from it. So the idea of selling bounty reward on time at low fiat or holding it for a long period to sell at high fiat is subject to individual decision.
k-west
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May 12, 2018, 12:50:44 PM
 #1429

I am planning to hold my bounty tokens for a long time,I dont see any sense of selling them on the current falling market.When we will see the new bull-run of crypto then I will sell some.
smartash
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May 12, 2018, 01:03:26 PM
 #1430

It is very likely that most projects will have a great chance to reach the peak if they are listed successfully.
LiquorBan
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May 12, 2018, 01:12:07 PM
 #1431

If you want to choose a good bounty that is worth it to participate you should check its project first.
bibitao18
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May 13, 2018, 04:43:54 PM
 #1432

you think you are wrong, after all, this is an investment form and capital, and then it is hard to stay away from this market.
and we have already shaped our investments only from our many investments already made us rich
jenisgiri
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May 14, 2018, 12:05:59 AM
 #1433

Some sell their tokens immediately and some are holding and waiting for the value to rise up for them to gain more profit. They believe that if they hold the token they have, the price or value goes up.
annicketucufaw
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May 14, 2018, 12:13:37 AM
 #1434

Some people just participate in the bounties and wait for few years. they don't sell their bounty rewards for low fiat reward. Ironically those people become FIAT millionaires. Cheesy
Thx for bounties! Good jewelry.



That's actually wise for them. However, most of the bounty hunters are not doing that. By the time they receive their pay, they immediately dump them wherever the tokens are accepted for exchanges. They do not have the patience to hold their bounties and wait for quite a while for their tokens to accumulate value.

Agree with this one! You will see in telegram that most bounty hunters are excited so much to dump their coins. They are always asking when is the distribution date and when it will be listed to an exchange. They don't know that if they will just hodl their coins for a little longer, their hardwork will produce more profit. Instant selling of coins you received just make the price dump. So you better hodl it even for a year, make more money.

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Ronin: ronin:8a9982982d41a808ab5fb7a23139a4164e0cb945
alimarh
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May 14, 2018, 12:18:00 AM
 #1435

You forgot to mention that not all bounty coin will make you millionaire, some bounty coin are worthless and will be dead after few months or years, there are some bounty coin that have not gotten exchange to list their coin. So bounty depends on the coin. if you join good bounty then you can say that again.

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mikki14
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May 14, 2018, 12:23:27 AM
 #1436

Well, personally, after receiving the bounty I immediately convert it into ETH or BTC once the list of exchangers were posted. I really don't care about the value, it's not bad after all coz I only invested my time. Unless the coin has a purpose on which I could have more use of it.

enawati
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May 14, 2018, 12:34:05 AM
 #1437

This is depend in the fundamental of the project, now some project failed and can be hard for their token price to increase again. When you know the project has massive potential is good idea to hold and forget it in afew years. Or if you have times sell other bounty reward to buy other coin from the more potential project, but this is need to spend times to find the good one.

oneidentity
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May 14, 2018, 12:47:37 AM
 #1438

In many respects it depends on the coin itself and on the project. Some coins are better to hold for a long time, and some are better to sell immediately. It is necessary to monitor the development of the project and decide whether to sell coins or not.
benjaminpeters
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May 14, 2018, 12:48:57 AM
 #1439

I just started, I know a lot of people are boasting their bounty for needing money but not a few who hold back his bounty and exchange it for a high price, and many become millionaires, this is interesting for me
POM
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May 14, 2018, 12:53:18 AM
 #1440

I know some people who hold their tokens for years but i can honestly say that it’s not my thing Grin Yes, i also usually hodl but hodling bounty rewards for years would be really impossible for me Grin I think i’ll never be rich, lol.
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