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Author Topic: Advice to all bounty hunters.  (Read 6876 times)
BeeDrill
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July 30, 2018, 07:20:37 PM
 #541

The main advice is to choose good campaigns. Now there is a lot of deception on the market. Do not try to participate right away in a lot of bounty campaigns
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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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cchub
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July 30, 2018, 07:34:40 PM
 #542

Bounty hunters help to expose ICOs to crypto related audience to attract investors for the project. No matter how promising the project may be, if the ICO fails, the project won't see the light of the day. Bounty hunters are very important in ICOs. But there is one thing am not happy about bounty hunters. They usually dump their coins at any price the moment it is listed on an exchage which usually drops the price of the coin even below the ICO price putting the investors at a disadvantage. I want to advise the hunters to hold their bounty tokens for a while in order to maintain a good price for the coin. We shouldn't forget we are all stakeholders

I totally agree with you. In a world without central supervision it is very improtant that we act together in a collective way.

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BigTimeProducer
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July 30, 2018, 07:40:06 PM
 #543

I can't take your advice. It is much more profitable for me to sell the received tokens immediately and invest in reliable coins - for example, Ethereum. As shown, if you keep the tokens, the price continue falling...
The_Dark_Knight
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August 01, 2018, 02:32:46 AM
 #544

Good write up there bro

I have got a lots of crypto friends that, that's what they do. Immediately there bounty token is listed on any exchanges like this, they dump all make the token to go far below the ICO price.  But as me, i normally dump 50% of my bounty token and keep the other 50% for a bull market run for such token to avoid stories that touches.
They do this because they have no option they only care about getting the money out of their tokens and nothing more, I would like to see more people that participate in bounties and that actually believe in the project and think it can become successful but the number of people like that is very low, you are a adopting a good strategy since you are cashing out some of your money but still keep some tokens in case the coin becomes successful.
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August 01, 2018, 02:40:18 AM
 #545

yes. if you want to sell your token, please put at high price. at least, you are contribute to pump that price, so every one will take profit, and developer happy to see their token when the price is increase.
hold your token is good idea, because when they release their product it can make the price increase. it allows for token holder take much profit, for investor, developer and bounty hunter

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dumplingsandsushi
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August 01, 2018, 02:44:47 AM
 #546

I am really starting to question if bounty hunters are beneficial at all in the first place.
From the company's standpoint, I can see why they would hire bounty hunters.
After all, they don't have to pay real world money for their marketing.

But I think if we had serious analysts hired to see what type of impact bounty hunters have, I am guessing it would be very small.
Most of the bounty hunters don't bring in any substantial real investors at all.
On top of that, you have all the scammers and copy and pasters.

The worst thing is, like you mention, they tend to dump their coins after getting paid.
This can absolutely destroy a token's economy.
you need long term supporters instead of people using the company to get a few free couple of dollars.

bryant.coleman
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August 01, 2018, 02:51:07 AM
 #547

I can't take your advice. It is much more profitable for me to sell the received tokens immediately and invest in reliable coins - for example, Ethereum. As shown, if you keep the tokens, the price continue falling...

That is because the market is in a depressed state right now. In 2017, that was not the case. Many of the tokens gave 2x or even 10x within a few days from listing. And if a market recovery occurs this year, then that can happen now as well.
Crytptomeniac
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August 01, 2018, 02:56:01 AM
 #548

I also believe that bounty hunters should hold a bit more the tokens, but you have to keep in mind that many ICOs are not so promising and lose the faith of people when barely get to the exchange, either because the ICO was not very good or did not achieve what they promised, that's when the starting price reaches their ATH and never again recover.
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August 01, 2018, 03:00:07 AM
 #549

I also believe that bounty hunters should hold a bit more the tokens, but you have to keep in mind that many ICOs are not so promising and lose the faith of people when barely get to the exchange, either because the ICO was not very good or did not achieve what they promised, that's when the starting price reaches their ATH and never again recover.

It may be a good idea for the bounty managers to make the payments in ETH or BTC. After all, the bounties doesn't represent more than 1% or 2% of the total expenses. If they do that, then the risk of participants dumping their tokens immediately can be eliminated.
NickeyBubl
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August 01, 2018, 03:21:23 AM
 #550

Bounty hunters help to expose ICOs to crypto related audience to attract investors for the project. No matter how promising the project may be, if the ICO fails, the project won't see the light of the day. Bounty hunters are very important in ICOs. But there is one thing am not happy about bounty hunters. They usually dump their coins at any price the moment it is listed on an exchage which usually drops the price of the coin even below the ICO price putting the investors at a disadvantage. I want to advise the hunters to hold their bounty tokens for a while in order to maintain a good price for the coin. We shouldn't forget we are all stakeholders
I don't think, that bounty hunters can have much influence on the rate of the coin, because they have a very small percentage of all tokens, usually it is 2-3 %. The price can fall very much down due to those investors, who buy tokens with very large bonuses at the very beginning of the ICO
fulled
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August 01, 2018, 03:37:52 AM
 #551

they hunting because they need the money bro, we cant stop them from selling off their bounty reward
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August 01, 2018, 03:44:09 AM
 #552

Bounty hunters help to expose ICOs to crypto related audience to attract investors for the project. No matter how promising the project may be, if the ICO fails, the project won't see the light of the day. Bounty hunters are very important in ICOs. But there is one thing am not happy about bounty hunters. They usually dump their coins at any price the moment it is listed on an exchage which usually drops the price of the coin even below the ICO price putting the investors at a disadvantage. I want to advise the hunters to hold their bounty tokens for a while in order to maintain a good price for the coin. We shouldn't forget we are all stakeholders
The main reason for the instant selling of bounty tokens is that most bounty hunters do not take time to study the ICO and its progress. Most bounty hunters are just in to participate in several bounties without paying much attention to the actual potentials of the coin, hence do not see the worth of the tokens they are given.

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febrian1705
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August 01, 2018, 03:44:46 AM
 #553

I agree with your opinion.
sometimes most of the prize hunters do not think about it mercenaries just hope the coins he has quickly registered in the market so they can sell them ..
whereas if the coin has just entered the market it is very weak because there has been no progress that makes investors see the ICO .. but if the ICO is already widely known by investors and companies.
and that's where the price of coins on ICO starts to increase. to get the best
kaito.
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August 01, 2018, 03:47:31 AM
 #554

Bounty hunters help to expose ICOs to crypto related audience to attract investors for the project. No matter how promising the project may be, if the ICO fails, the project won't see the light of the day. Bounty hunters are very important in ICOs. But there is one thing am not happy about bounty hunters. They usually dump their coins at any price the moment it is listed on an exchage which usually drops the price of the coin even below the ICO price putting the investors at a disadvantage. I want to advise the hunters to hold their bounty tokens for a while in order to maintain a good price for the coin. We shouldn't forget we are all stakeholders
mostly but not all bounty hunter dump the token right after it got to the market and i was one of it in fact.B
But the budget for bounty at much was only 3% of all token supply, most case in ICO's project the one who dump the most was in fact investor who join private sale.
as for bounty hunter there's actually a way to prevent us to dump the token at market by changging the reward from 3% token it's promoted to 3% it's eth or btc it's raised.
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August 01, 2018, 04:15:50 AM
 #555

sometimes bounty hunters can not wait to hold their tokens for long periods of time, because their financial pressures sell their tokens for a very low price, bounty hunters flood the market with very cheap tokens so the price of an ICO token drops rapidly , if the bounty hunter would be patient then they would be lucky, I have seen several times my friends who sell tokens at a low price after a few days token has a high or increased price
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August 01, 2018, 05:16:11 AM
 #556

I agree with your opinion that many bounty hunters sell all the tokens they get when the price goes down and regrets after a few months later because the price goes up, if I get a token I will not hold it and wait for a good time to make a profit
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August 01, 2018, 05:25:58 AM
 #557

I think you're wrong. Very often, those who received their tokens, then remain with nothing due to the fact that the coins are absolutely devalued. So it's worth doing as you always did
smoker36
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August 01, 2018, 05:58:04 AM
 #558

I don't support your point of view. It seems to me that the best tactic is used now, so it is not necessary to change something. Labor can simply disappear
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August 01, 2018, 06:07:02 AM
 #559

If you are a patient and smart bounty hunter, you will hold your tokens once you get paid.  Most of the ICOs right now gets dump after getting listed on the exchange. People thinks that once you already have the tokens, you will get rich in short period of time but what they didn't know is better to sell the coins once the service or product of the project has already been used by people. What is the use of the tokens if there is no service/products yet? It only means that the value of tokens will just dump. So better hold the tokens, sell once the service/goods is already released to the market.

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Komireak
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August 01, 2018, 10:18:11 AM
 #560

No doubt I concur with that abundance seekers in a split second dump the coin. However, we can't fault for what they did, possibly they require that cash for day by day needs. I recommend for abundance seekers to hold for some time dont dump the coin. Its so dismal when the cost isn't reach ico cost. Im apprehensive if this happen each time financial specialist part far from ico venture.
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