Is bounties still worth it?

[CarlosCorreia]

Hey guys...

Sorry for this kind of question, I search a bit but could not get my answer.

I have been away for quite a while! With all this downfall of crypto I got no motivation to follow this as closely as I should.
Nevertheless, I still believe in the tech, so I want to get back full powers.

My question now is if bounties are still profitable?
I used to do Twitter, Steemit, Telegram and Signature bounties, with a good monthly profit. Is it the same now?

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[BitMaxz]

Hey guys...

Sorry for this kind of question, I search a bit but could not get my answer.

I have been away for quite a while! With all this downfall of crypto I got no motivation to follow this as closely as I should.
Nevertheless, I still believe in the tech, so I want to get back full powers.

My question now is if bounties are still profitable?
I used to do Twitter, Steemit, Telegram and Signature bounties, with a good monthly profit. Is it the same now?

If you don't buy or spend anything from bounties it's profitable because you can get the rewards for free without paying a single penny.

However, most of the bounties are scam so choose a project with real developers before you join on their bounties.

[harizen]

Hey guys...

Sorry for this kind of question, I search a bit but could not get my answer.

I have been away for quite a while! With all this downfall of crypto I got no motivation to follow this as closely as I should.
Nevertheless, I still believe in the tech, so I want to get back full powers.

My question now is if bounties are still profitable?
I used to do Twitter, Steemit, Telegram and Signature bounties, with a good monthly profit. Is it the same now?

The hype is not the same compare on 2017.

As far as my knowledge is concern, only few projects reached their respective target last year 2018 so generally doing bounty is currently not that worth the effort. Bearish market dominates the crypto market last year and it has a big effect on ICOs that's why it not performed well  .

What to do now? It's up to you. Are you willing to throw away some time hoping for a good shot at bounty programs and take the risks or you will search for another way to earn?

That will be your assignment now.

[CarlosCorreia]

Thanks for your answers. I already saw that nowadays it's different.

What I was wondering is if it was worth spending the time...

Excluding Signature campaigns (the more valuable) how much can I expect from a bounty?
Can I hope for $100 token worth from Twitter bounty?

I'm having trouble to identify the overall values of the campaigns I'm seeing

[socks435]

Most of bounties are ICO's which 90% are made for pump and dump and most of the project created for scamming purposes so its not worth it to invest your time promoting their project for nothing.
Better to look for new coins to invest out there or use your accounts from marketing purposes like promoting affiliate links or something that could earn you some penny.

[Stedsm]

I have been away for quite a while! With all this downfall of crypto I got no motivation to follow this as closely as I should.
Nevertheless, I still believe in the tech, so I want to get back full powers.

You just made two-sided comment here, while saying that you don't get motivation to follow crypto, but on the other hand, you cut it out yourself by saying that you believe in tech. As crypto cannot be limited to price speculations alone due to having multiple purposes being resolved (having blockchain as the backbone), bounties can still be profitable as you only need to spend "some" (or I should say "least") time in order to gain rewards from them.

My question now is if bounties are still profitable?
I used to do Twitter, Steemit, Telegram and Signature bounties, with a good monthly profit. Is it the same now?

It totally depends on your choice of selecting the "right" bounty which could later give you what you expected. I remember few of the bounties I've had been a part of, and many of them turned out scam without even giving a penny worth of tokens to all the participants, and in few bounties, we lose due to admins not releasing payments when price went very high and when it started dumping, they released the tokens (like it was all pre-planned of pre-ICO investors' profits). You must be aware about that ECV (Ethereum Classic Vision) issue. Take part only when you are damn sure that the company won't turn out fraud, as if you're advertising them (obviously, to get some bucks or pennies from them), you'll lose your credibility too (somehow) if they turn out scam.

Can I hope for $100 token worth from Twitter bounty?

Possible only if the market value that shows up after issuance and listing of token is x times higher than its initial purchase value. For eg.; if you get $10 worth of tokens and when it comes on an exchange, its trading starts with a 10 times higher price, then it is possible. But I don't think that any bounties would give $100 worth of tokens for Twitter alone.

[CarlosCorreia]

I have been away for quite a while! With all this downfall of crypto I got no motivation to follow this as closely as I should.
Nevertheless, I still believe in the tech, so I want to get back full powers.

You just made two-sided comment here, while saying that you don't get motivation to follow crypto, but on the other hand, you cut it out yourself by saying that you believe in tech. As crypto cannot be limited to price speculations alone due to having multiple purposes being resolved (having blockchain as the backbone), bounties can still be profitable as you only need to spend "some" (or I should say "least") time in order to gain rewards from them.

What I was trying to say is that I lacked motivation due to the non-ending bear market.
But, due to my believe in the tech, I'm coming back.

[vagrom]

Hey guys...

Sorry for this kind of question, I search a bit but could not get my answer.

I have been away for quite a while! With all this downfall of crypto I got no motivation to follow this as closely as I should.
Nevertheless, I still believe in the tech, so I want to get back full powers.

My question now is if bounties are still profitable?
I used to do Twitter, Steemit, Telegram and Signature bounties, with a good monthly profit. Is it the same now?

If you don't buy or spend anything from bounties it's profitable because you can get the rewards for free without paying a single penny.

However, most of the bounties are scam so choose a project with real developers before you join on their bounties.

I agree, if it only takes time, I think it should be worth it, but pay attention to the choice.

[Alluro]

Yes, it is, if you choose correct campaigns. Bounties are famous right now. Then most bounties are getting a large number of participants. Then I'm not sure social media campaigns give profitable rewards. I think signature bounties are profitable because one member can wear only one signature per campaign. The next thing is you can participate Overview of Bitcointalk Signature-Ad Campaigns too. Those campaigns are paying via bitcoin. If you can make high-quality contents, you can participate in contents campaigns, because some bounty managers will be rejected low-quality contents. Then high-quality contents creatins can get profitable rewards. My personal opinion is doing your own research about the project before start your works.

[Baofeng]

Thanks for your answers. I already saw that nowadays it's different.

What I was wondering is if it was worth spending the time...

Excluding Signature campaigns (the more valuable) how much can I expect from a bounty?
Can I hope for $100 token worth from Twitter bounty?

I'm having trouble to identify the overall values of the campaigns I'm seeing

We don't know the answer. Joining bounties is similar to gambling though, you really don't know if the project will be a success or not. Majority of them didn't even reach softcap target last year so obviously, it's either participants are not being paid, or your tokens has no value whatsoever. Goldluck though finding bounty campaigns that's worth the time and your effort.

[boyptc]

with a good monthly profit.

If you're thinking that it will support your daily living then you should start looking for a real job that can compensate you semi-/monthly. Check the altcoin discussions and look for complains about bounties.

You'll see the same complains about these folks that most of the bounties they've joined were scam and never paid their stakes/rewards for months so, assume it that it's not worth it anymore.

[mk4]

There's no 'yes' or 'no' answer to this; as it really depends on your situation. Let's say if you're making $200 a month off bounties for instance, and you're in a 3rd world country, then probably yes? If you don't have any other income source. But if you're in the United States or some rich country then you're probably better off doing something else. It really depends on you.

[CryptopreneurBrainboss]

My question now is if bounties are still profitable?
I used to do Twitter, Steemit, Telegram and Signature bounties, with a good monthly profit. Is it the same now?

Let me break it down to make you understand. Participating via twitter and telegram bounty is now a waste of time since their payout is very low compared to previous pay.  This is due to the huge number of users now involved and bear market effect.

Steemit bounty who had been profitable but the bear market isn't happening matters. Participating via this method might give you decent amount of tokens but don't think they'll be worth that much.

Signature campaign are still quite profitable if you join a decent paying bitcoin campaign. As you can see almost all decent forum posters are wearing ChipMixer.{ MIXING REINVENTEDsignature that's an example of a decent paying campaign.

[Hivalley]

Definitely bounties aren't as profitable as it was in the past and with a reduction in the hype around the bitcoin and cryptos in general,with the fall in price of the bitcoin etc
Most of this issues affects and is still affecting most bounties as their tokens are most times worthless,and the issue of scam,is another lingering negative effects on bounty campaigns
Bitcoin paying bounties provides it's participants with a high security rate as regards either scam or lack of payment and the rest,but it's mostly for those with full member rank and up(and you're one of them)
ICO bounties most times is down to luck,you could be lucky to get a legit one that does well and pays well, bitcoins paying bounties could actually be your best option if you actually can get in.

[Sharon121212]

If you are in a good bounty you will need not to worry about that. But it's so hard this days with numerous scam or fake bounties around I would still say bounties are still worth the while but you must do your assessment correctly

[baobao2000]

It is still bear market at moment, why not move away attentions from trading first and wait until the market recover first. I agreed with comments above, some bounties are waste of time. It is better to research before start with new project. I think if you are newbie with trading, bounties is a good way to learn and get coins for free with low risk.

[leowonderful]

Things are still mostly as they were before, but there are now fewer projects with bounties out there as a result of the bear market I'm sure you know we are in right now. I'm sure there are still good projects out there, but bounties have continued to become more and more saturated and rewards have begun to go lower, but if you're looking for work in bounties, they are still there. Just don't expect to be making as much as you were earning before the bear market started.

[CarlosCorreia]

Thanks everyone for your feedback.

I'm guessing apart from Signature, there is no point in wasting my time.

I'll still be participating in some campaigns that I believe have future, but not expecting much value from it.

[boyptc]

Thanks everyone for your feedback.

I'm guessing apart from Signature, there is no point in wasting my time.

I'll still be participating in some campaigns that I believe have future, but not expecting much value from it.

Good for you for having that kind of mentality. Do it as an incentive but don't think about that it will be able to give you decent monthly profit. It's good as an extra source not a main source.

Good luck.

[jademaxsuy]

It really is a good move to think that you can't make your profit in campaigns as your main source of income. Can't just participate in a campaigns that we didn't study first. As of now, out of 100% only 1% are successful, some campaigns are already in market and doing campaigns again to promote their project again and you will surely earn profit.