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Author Topic: do altcoin bounties usaully pay off  (Read 465 times)
phreakk
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November 26, 2017, 03:52:15 PM
 #21

hi
i am currently participating in several bounties and although i have yet to be paid, I'm wondering if people usually get paid with the tokens, and if so, is it profitable and worth the effort? thank you for your insight.

Altcoin Bounties are usually paid out, but just after the Tokens have been paid out, the price will often drop far below the ICO's price.

Why? Because all of the bounty campaign participants sell all of their tokens for insanely low prices. Some tokens have dropped more than 90%, simply due to the insane sell-offs of bounty campaign participants.

The danger of Bounty Campaigns is thus not whether you'll receive the tokens, but whether the tokens will keep their value.
In many cases, the token will rise in value once the Bounty selling is over, but that's not always the case.

Personally, I prefer to invest once the Bounty Selling is going, than when the ICO is running, simply due to the insane Bounty Sell-Offs.

Back to your question: The altcoin bounties usually pay off, if you think rationally about the potential price movements. Either sell quickly or wait until the price has recovered. It's your choice!

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She01
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November 26, 2017, 04:46:59 PM
 #22

hi
i am currently participating in several bounties and although i have yet to be paid, I'm wondering if people usually get paid with the tokens, and if so, is it profitable and worth the effort? thank you for your insight.
[/quote

Hi I also have that question in mind I am a newbie and I have not yet tried joining airdrop and bounties I'm still trying to understand how it works with you posting these now I know that newbies can do it but we just have to choose the reputable ones.
crystalcrypto (OP)
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November 27, 2017, 02:42:48 AM
 #23

hi
i am currently participating in several bounties and although i have yet to be paid, I'm wondering if people usually get paid with the tokens, and if so, is it profitable and worth the effort? thank you for your insight.

If bounty campaign is legit then yes you can get your bounties after the ICO ends. Every bounty campaign have an ICO, they are setting a soft cap and hard cap. If they reach the funds target for their project, its possible that you will get a nice value of your bounty. That would be worth it after all your hardwork


great, glad to hear that the possibility and the likely hood of being compensated is worth the effort for the hard work. thanks for your response.
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