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Author Topic: My 120 Days In Bounty Hunting & What I have Learnt  (Read 24087 times)
miningnew
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October 24, 2018, 03:03:12 PM
 #61

Interesting post, man!
It is almost impossible to make money with bounty today...
On the other hand, it is an excellent way to learn every day (and it is almost enough in fact)
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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October 26, 2018, 08:04:00 PM
 #62

What I have learnt from bounty is much less than you: Don´t trust anyone, check and re-check before commiting, run from any ICO that shows any sign of scamming and live long and prosper

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October 26, 2018, 08:06:37 PM
 #63

It is deep post, so informative, thank you for sharing your experience with us.
As for me I am not that satisfied with bounties for last half a year, some of them scammed me and another part delayed payments

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October 27, 2018, 04:15:23 AM
 #64

the longer in the bounty I think you will be able to learn about and understand a lot of things again. bounty, in essence, is not just about looking for results only. in the selection of the bounty was also certainly should have an understanding of the future and also the technology that will be supported if it has benefits whether or not.

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October 27, 2018, 05:09:45 AM
 #65

Good write-up,so much learn from it.Thank you for sharing your experience with us,it will help many of us.
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October 27, 2018, 05:13:39 AM
 #66

Thank you for this post, it is so much fun to read and also quite informative. I learned so much from this post and it is also give me an idea of what to expect in participating in bounty campaigns. Like you said bounty campaigns requires a lot of patience. Some people expect that by the end of the campaign they will become rich but in reality that is not the case.
BitFinnese
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October 27, 2018, 05:19:32 AM
 #67

Nice explanation there OP, most people think that participating in bounty is just a game, they did not think of it as some kind of freelancing job / side line job and thought that they can earn easy money and whine and get disappointed when their expectation is not met, while others think that this is the thing they can exploit and make  a lot of money without doing anything (see bounty cheaters).  There are a few people like you who understand what is bounty about.

I hope this thread gives light to those who are new to this industry and are seeking to be a good bounty participant.
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October 27, 2018, 05:31:09 AM
 #68

I really still need to work on the time management one because my concentration does sometimes wander off and it's not easy being a woman also in crypto as I have a lot of tasks to do cleaning, shopping and cooking for the family and so trying to concentrate around giving attention to my family and doing the crypto tasks in hand can be quite challenging, also because lately I got scammed too many times from the bounties I have also not too much motivation, although an impending bull run in 2019 is kind of making me feel more hopeful again. Also, I am now checking to see if projects reach their soft cap first as well. Although they can lie on websites that they raised a certain amount like BIDIUM DID and I wasted like three months signature campaign only to be scammed.


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October 27, 2018, 05:31:46 AM
 #69

great information, i wish i could have merit for you. two things are very important that never wait for the date of your reward it will automatically come to your account just be update on their telegram channel and also check your stakes in spreadsheet. other one is to hold your good tokens when the bearish market ends for sure you will get good return for those coins.
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October 27, 2018, 06:06:58 AM
 #70

this post has the right to get a lot of attention. as a bounty hunter, your discussion is very interesting and gives a positive view of bounty campaign. I also learned a lot after more than a year as a bounty hunter. most people (like my friends) think that doing bouty is an easy thing, especially social media campaigns, but when they join and follow my direction to do a lot of bounties, they can only last 1-2 months, they feel that there is no advantage sure, even though it is indeed a risk to become a bounty hunter, if you are able to be more patient, big profits will come to you.
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October 27, 2018, 06:10:19 AM
 #71

Great post! I just started bounty hunting about 30 days ago and I haven't gotten any payouts yet. It's good to learn from the experience of people like yourself.

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October 27, 2018, 06:28:26 AM
 #72

1. You are right - distribution doesn't always occur on said date and usually its always late although sometimes by pleasant surprise its early!

2. Good point also - always double and triple check all the details of what's required including the terms and conditions on a regular basis as sometimes these can change during a campaign even more than once a week and if there's anything you're unsure about don't be afraid to ask the campaign manager but make sure you read through the thread or search the group for the answer first, and use a scheduler to remind you of important tasks if you get really busy

3. Trade with your bag of rewards if advantageous or HODL for a more revived market if its a project with good future potential

4. You'll probably find most bounty managers are fairly reasonable although there are a few bad actors, but if the rules are not adhered to or you are found cheating then you'll likely forfeit the entire reward

Congratulations on sticking with it for this long and hopefully you'll gain more out of this in future

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October 27, 2018, 06:38:32 AM
 #73

Great post! I just started bounty hunting about 30 days ago and I haven't gotten any payouts yet. It's good to learn from the experience of people like yourself.
learning someone's experience might motivate you. but you still have to learn about what you are doing and make improvements to your experience. and try to find some people who are willing to give you guidance in the forum to get knowledge and prizes on several campaigns

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October 27, 2018, 07:12:38 AM
 #74

Great post! I just started bounty hunting about 30 days ago and I haven't gotten any payouts yet. It's good to learn from the experience of people like yourself.
First i have to welcome you to the space and second you still need to exercise a bit patience before you can be sure to receive your rewards from the bounty you participated in. Another thing you should take into consideration is that as far as the project is not of scam, you did the right thing like following the rules and regulation of such bounty, your stakes are being updated by the bounty manager in charge. I think nothing will stop your reward but it will only take some time. Mathematically, Bounty Hunting is equivalent to patience.
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October 27, 2018, 07:15:07 AM
 #75

Congrats, these are the posts that give added value to the community and that deserve to get credits. Nice job!
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December 04, 2018, 05:48:07 PM
 #76

Today Marked My 120 days as a bounty hunter and during this period I have gained more experience and knowledge in cryptocurrency as participating in bounty programs gave me additional exposure to the latest happenings around the crypto space. So I decided to drop few things i have learnt and also provide answers to some of the most frequent questions asked.

The Few Things I Have Learnt In The Last 120 Days
During the past 120 days, I have learnt the following from participating in different bounty programs :>
1. Patience: Participating in bounty program have taught me how to exercise patience. I have come to know that whenever they announce that they are going to distribute on a specified date just don’t expect it that day so you won’t be disappointed. Wait for them to carefully distribute your reward directly to your wallets.
2. Effective Time Management: This is one of the most important factor in bounty programs and I have seen many work got rejected because of late submission. Rule is rule and it must be obey irrespective of individual participating.
3. In-Dept Trading: Before joining I will say I have been able to trade in few cryptocurrency trading platform. Bounty have opened my eyes to numerous trading platform that I haven’t used before now.
4. Perseverance And Consistency: This keeps me going to strive for the best all the time. It is true that hunters are at the mercy of Bounty Manger Mangers and the Project team when it comes to distribution of rewards.

What Bounty Is?
Bounties are extraordinary program set aside to create awareness for the development of cryptocurrency projects and such programs usually end up rewarding participants that participated during the program. Another thing you should know is that there is always a specific time set aside for any bounty program, it can be 1 week, 2 weeks, 3 weeks and more many depending on the Project and the number of participants that sign up for it.  With this I have been able to classify Bounty into two, which are the specified and unspecified Bounty.
For Specified Bounty, there is always a specific time for such programs to end except otherwise stated. While the Unspecified Bounty end as soon as ICO ends. So it is important for bounty hunters to note the difference especially when choosing a bounty program to participate in.

Who Are Bounty Hunters?
These are some set of individuals that participates in bounty program. In addition, hunters are those set of persons who have little or no knowledge but have already made up their mind to agree to the terms and conditions of any bounty program they chose to participate in. Hence they are the Marketers that deploy their tools to create awareness for cryptocurrency projects.

Who Is A Bounty Manager?
Bounty Manager oversee the well-being of Bounty Program. They launches the program, set rules and effectively manage the bounty program. He or She as the case maybe are the ones hunters report to and are also responsible for awarding stakes. A Bounty manager can also be called; a Campaign Manager. Let me not forget to say that Bounty Manager are experience and it is difficult for hunters to trick them because they have seen it all and knows what it takes to embark in bounty. For Good Bounty Manager, check here: https://bitcointalk.org/index.php?topic=3085997.0 Also there are some platforms that launched good bounty programs and in this platforms you don’t need to submit your reports as it will be tracked automatically, such platforms are: BountyHive, Bounty0X, Bountyplatform to mention a few.

What Are Campaigns?
Campaigns are Subset of Bounty. In Bounty Programs, there are different types of campaigns these are Facebook, Twitter, Instagram and Telegram which can be classified as Social media campaign and lately some Bounty Manager have started Classifying Reddit and LinkedIn Social as Social Media campaigns. We also have Translation, Signature, Content Creation (Articles/Blog and Videos) and Reddit Campaign.

What Stakes Is?
These are deploy tools used by bounty managers in rewarding bounty hunters before carrying out extensive calculations based on token. The beauty about stakes is that it is directly proportional to the number of tokens you will receive. So the higher your stakes, the higher your tokens.

Few Things You Need To Check Before Jumping In Any Campaign
1. Carry out extensive research on the background of the projects, check for the authenticity of the team members and advisors.
2. If it is an ICO project, check if they have reached Softcap at least you might get your reward. So I believe you might have decided after checking out those all but important things.
3. Now on the Bounty itself, make sure you read and understand the General rules and regulations of the Bounty. Check the total allocation for the whole campaign to know how feasible it is.
4. Then decide the exact program you can embark on, Translation, Signature, Facebook, and Twitter, Articles/Blog/Video and others.
5. Follow the rules, report your activities according to the campaigns you participate in. You might be required to submit your activities via google form or through the Bitcointalk Bounty thread depending on the project. There are some Bounty that don’t allow participants to edit their already submitted activities while there are some that do not put that into consideration. These are part of the reason you need to read the rules as it will guide in getting your rewards at the end of the campaigns. I have heard and seen reports from different hunters on Telegram Bounty group complaining of not receiving rewards forgetting they refuse to follow the rules.

Do I Need To Pay Before Participating In Any Bounty Program?
No, you don’t pay but rather you are rewarded for participating. Note that rewards are only meant for those who follow the rules guiding the bounty program and also carry out the require task.

Which Campaign Is More Rewarding?
This is a difficult questions because of the number of hunters who get involved in Bounty Program this days. So what I do is after checking the total allocation, briefly I observe the spreadsheet to see where there are few participants. Trust me, Telegram, Twitter and Facebook always have highest number of participants and to earn big over there you will need to be that one participants with the highest number of Facebook friends and Twitter Followers. Also try as much as possible to start your activities from the beginning of the campaign that will give you an extra edge over others.
I think I will have to go with Translation----->>>Signature----->>>Articles/Blogs/Videos----->>>Reddit----->>>Facebook, Twitter----->>>Telegram campaigns. This order shows the highest to the least rewarding campaigns.

Why Have There Been Delays In Paying For Bounty Program Of Recent?
From what I have observed so far, I think most project are trying to protect their token from depreciating in value in this bearish market as almost all altcoins have experience this of recent. Also I will like all bounty participants to understand that as far as you participate in a genuine and sincere project, I think your reward will come but it is just a matter of time they will surely distribute this reward to those participants who carry out the right task and meet the rules of the bounty program.

In conclusion, I have learnt, enjoy and benefited from my last 120 days as a bounty hunter and I anticipates for more progress as my Journey continues.

Today most of your clues would not work, because most of good bounty managers had dissapeared without any good reason. It make me worrying.
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December 05, 2018, 10:02:00 AM
 #77

And if I am patient enough to wait for tokens to appear no my wallet, but no patient enough to hold them untill the good price, should I try it or not?
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December 05, 2018, 10:08:20 AM
 #78

I am a bounty hunter for much more than 120 days and the most important thing that I realized - you need to sell your bounty tokens immediately as received, otherwise you can stay with nothing. The only exception is the moment of the pump on the market, then you should wait for the best price.

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December 05, 2018, 10:12:39 AM
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Amazing post! I hope that newbies that want to start they bounty hunting would read this post and learn something from it. I wish you the best of luck in your hunting and hope you will reach your set goals  Wink
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December 05, 2018, 01:26:42 PM
 #80

Those who have participated in bounty programmes and have been able to earn something worthwhile, will have good things to say. These are the set of people that will be able to encourage those who are just coming in newly. This is one of the helpful posts on the forum, that will enable them to learn some rudiments. As a matter of fact, i have sent the link to a friend who approached me today, that he is interested in earning cryptocurrency.
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