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Author Topic: Quit your job to promote bounty campaigns fulltime: unrealistic????  (Read 4546 times)
frowsiter
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April 12, 2018, 11:42:37 AM
 #41

Last night I had a discussion with a friend if it's possible to quit your job and make a fulltime living of promoting bounty campaigns.
My friend thought you need to promote a lot of bounties at the same time (100 per week), to compensate for the
uncertain number of bounties that will never to lead to any income (coin cannot get listed, withdrawal fees of exchange is too high, scam, etc.).

So the question is: do you agree with this statement?

Its really difficult to do that and might not work as we imagine that one. I mean yes everyone thinks the same, we can earn huge out of the bounties and it will need large number of enrolments if you want to make it happen. The thing is scam rate has increased a lot these days and the method that you are depicting here will work surely as large enrolments will confirm the odds of winning legit ICO's. I mean if you have one then you have single chance but if you have 100 ICO then obviously you will have 100 chances of hitting the jackpot. So yeah thats the only option.

But, leaving your job for this purpose is not ideal thing at all. I mean its risky to compromise your job for the virtual thing like this which could collapse at anytime.
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chrisfatos
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April 12, 2018, 01:11:16 PM
 #42

The risk in quitting your job for bounty is that bounty profits are not stable. If you are paying rent or loans then you need some kind of stability in your income

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April 12, 2018, 01:24:11 PM
 #43

Last night I had a discussion with a friend if it's possible to quit your job and make a fulltime living of promoting bounty campaigns.
My friend thought you need to promote a lot of bounties at the same time (100 per week), to compensate for the
uncertain number of bounties that will never to lead to any income (coin cannot get listed, withdrawal fees of exchange is too high, scam, etc.).

So the question is: do you agree with this statement?

A 100 bounties per week, that so much I think. Then you could be working so much harder than your current work because if you join campaigns with 20 posts per week.
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April 12, 2018, 01:53:52 PM
 #44

Last night I had a discussion with a friend if it's possible to quit your job and make a fulltime living of promoting bounty campaigns.
My friend thought you need to promote a lot of bounties at the same time (100 per week), to compensate for the
uncertain number of bounties that will never to lead to any income (coin cannot get listed, withdrawal fees of exchange is too high, scam, etc.).

So the question is: do you agree with this statement?
I agree with your friend that in order to receive a stable income in such "accidental" earnings, you must conduct many campaigns at the same time. If by your calculations this will give you more income than the existing job, then you can try this full time.

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April 12, 2018, 02:18:25 PM
 #45

To my mind  all depends on your income  xpectations if yor selary is about 300-500 usd. dont worry it will be enough  15-20 bounties, however 100 bounties you  can do not physically
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April 12, 2018, 02:20:11 PM
 #46

Anyone here doing bounties full time? Can you tell us how much you make per month and how many hours you spend each day/month?
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April 12, 2018, 02:29:01 PM
 #47

The risk in quitting your job for bounty is that bounty profits are not stable. If you are paying rent or loans then you need some kind of stability in your income

Bounty profit is high to compare your monthly salary but out of 10 only 1 or 2 bounties will pay you good amount rest of all time waste. If you have a family then this option is not safe. Getting salary is your permanent income earning in bounties is part time income. So quitting a job to promote bounties is not a good choice.
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April 12, 2018, 03:55:07 PM
 #48

It is not a good idea for real,
It is hard to make a living from bounty because it could take a couple of months for the bounty and it could also get delayed for the reward and the worst thing that could happen is the bounty wouldn't pay you.
So it is really not a good idea to quit your job for bounty.

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kapitalista
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April 12, 2018, 04:06:47 PM
 #49

Well for me, quitting your job id really unrealistic. Bounty campaign is good and the pay that you will earn out of it is quite good than your normal job, but there are  campaign who releases payment delayed and sometimes if unfortunately your manager did not give the payment your finances will be affected, if you can do  your job at the same joining in crypto much better, you have an alternative resources.
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April 12, 2018, 04:09:44 PM
 #50

Yeah its posible there are rumors about some guys having twitter bots and making more then 100k$ a month on bounties,not sure how legit it is but i wouldnt be suprised that it came out to be the truth
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April 12, 2018, 04:14:51 PM
 #51

If you have a good job quitting on it is very unrealistic because in your job, there is an assurance that you will be paid regularly and is on time. Bounty campaign is good and sometimes earnings is quite big than your normal job but there is a risk if you will quit on your job because sometimes some campaigns have the delayed of releasing payment you will wait, sometimes the campaign is extended so just maintain  your job and be engaged in bounty campaign. double compensation is good.

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April 12, 2018, 04:30:00 PM
 #52

I'm absolutely sure that you can fully cope with the bounty campaigning. On account of the fact that you have to lead a huge amount - I'm not sure that this is so. rather the problem will be in the careful selection of campaigns than in quantity.

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April 12, 2018, 04:38:20 PM
 #53

In my opinion it's not unrealistic if you live in a poor country.
But if you do that, you need a lot of cash set aside for daily expenses , because it could take a couple of months before you can convert the bounty earnings into real money( it takes time for the ICO to end, then you need to wait to get paid, and then you need to wait for the coin to hit the exchanges).
So if you don’t have a lot of money set aside, it's a bad idea to quit your job.

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April 12, 2018, 04:40:27 PM
 #54

Remember it takes tons of time to fully accrued the profit from bounty campaigns though you might encounter some freaking good campaigns it will eventually take a lot of months or even years to gain a huge amount of profit from simply holding the tokens given from their bounty project, realistic for those people who holds the right coin it may go to the moon in no time rather than to sell all right away when hit the exchange, don't quit job to cover your expenses, bounties are risky but choosing the right campaign plus holding is totally worth it also depends on the type of the campaign that you've joined.
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April 12, 2018, 04:47:56 PM
 #55

I think it will be very hard to do so and also very loose freedoom. Every day you also have to keep on facebook, twitter, bitcointalk. Generally, there is no time to enjoy life.
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April 12, 2018, 04:49:17 PM
 #56

It was possible to earn great with crypto currencies, however, it wasn't stable as I could see, just like what happen now. Why not continue earning from your regular work and do crypto currency related work on your free time.

If you really determine to do 100 different bounties a week, it could be worth much to support your living.

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April 12, 2018, 04:49:25 PM
 #57

It would be the great idea some months ago, during autumn you could earn on new car or flat just promoting projects with bounty campaigns.
But it`s difficult to say,that now you can do like this easily, normal projects don`t use bounties as you see, and popularity of promoting this way is less less, cuz it`s not efficient,hunters are primitive and can`t make high quailty posts to help project,just spam and copypast.
So now you`d better work hard on your main job and spend some hours a week in bounties:)
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April 12, 2018, 05:30:55 PM
 #58

i think choosing to quit your stable job to get involve in this risky and unstable market is really not a good choice, you should know when you get in this crypto life, the money you can have in the future is unstable, depends on how much the bounties pay you. it is worthless to predict will this job can last for how long, so you should not quit your job, just consider working in bounty campaigns just a way to get more incomes.

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April 12, 2018, 06:09:32 PM
 #59

It all depends on your ability to work, the ability to get yourself to work at home and what you can do. Normally, you can earn in bounty without leading 100 campaigns a day.
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April 12, 2018, 06:18:45 PM
 #60

I think it is not advisable to quit ones job all in the name of participating in bounty campaigns, except the job we are talking about is not a really productive job but if one is getting something reasonable job there is a high level of stability for the job, there is no point quitting such job for bounty.
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