How do you comfort yourself after receiving token from the bounty program?

[richmcrich]

In 2017, I remembered how Bounty programs used to be hot cake, in fact then, I could get has high as 650 usd to 1500 usd per bounty which is far more than my 2 months’ salary but recenty, tokens received from most of the bounty programs has been full of shit, imagine an ICO paying you 10000 token and only to have a value of 2 usd, when the only reason I don’t complain and keep holding is that I tired consoling myself with the history of bitcoin having it in mind that it could one day be like bitcoin and buy me a nice house and investment in MIAMI.

[johnleo]

I like the op style to console himself and I did it sometimes because it will happen we can rich in our dream. But me a bit different with op, I always prepare for worst thing. I always pretend my reward from bounty is 0.1 x ico price and I am still enjoying it because most time it always bigger than 0.1 and surely will make happy to continue doing bounty.

[ottogary]

In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?

I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!

For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$. )

What really i can do is just doing as much bounty as possible in order to collect as many reward as possible, and hoping if the future will be better.
So this could become some kind of investment for the future.

[getrichquack]

You are really optimistic. I like it. Haha! It is necessary when we are all in this difficult time.

[Sri rahayu]

Maybe this is a funny way to entertain yourself in facing the condition of the crypto world like now, I will calculate the results of tokens that I get at the price of ico too, because if the price really touches the price of ico, then I will be very happy, it's okay even though I have to wait a long time and I hope this can come true.

[dedi joni]

You are really optimistic. I like it. Haha! It is necessary when we are all in this difficult time.

you are right, not many people can remain optimistic in difficult circumstances like the present. but he does have a high motivation to face the difficult times like this. should everyone have the same determined with it.

[Cemploon]

This is a very difficult time and everyone who has a coin from the Bounty program will definitely experience a decline in prices. There are even many coins that have not been registered in the exchange market. I personally do not want to bother with what happened. Because I am still optimistic that the market will pump again.

[reality18]

Well, not all the bounty tokens distributed during this era of bear market goes down. Some have strong and powerful crypto community and a highly demanded working product which cause a spike in price after the coin is listed on the market. Based on my personal research on the project which reveals the potentials of the project, I decide to hold or exchange for a large cap coin.

[Nekoma2018]

I comfort my self my convincing myself that bounty hunting is just a hobby not a form of work.. so whether or not I get something profitable from a specific campaign doesn't really matter

[Cnut237]

In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?

I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!

For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$. )

I don't like to say it - but that calculation only works if you can sell the token at the ICO price. In practice most coins drop in price dramatically once they hit the exchanges. If it is a good project, then it will likely increase again, but not for a long time. I suppose the answer is to research each project before you join it, to make sure you are only investing time in bounty campaigns for those that are likely to have a good long-term future.

[overnight03]

You are really optimistic. I like it. Haha! It is necessary when we are all in this difficult time.

I also like that idea when multiplying the price of Ethereum by about $ 1500, it seems to be a way to comfort myself that the market will recover and we will have a big profit if we continue

[plr]

I will base it in the current market price our only rewards will only come when you choose to sell your token at the current price not on its potential price in the market, because it's wishful thinking but if you can hold your token at the target price that you wished it to attain then it's up to you.

[joseyphil82]

Taking decision whether to dump or hodl is the next thing that comes to mind ,if its worth holding then I don't need to worry about the ICO price at all but if its a not too good project then I will dump unless it's too late to dump

[Bloodseekers]

We already see ethereum and other crypto reach high price and now if we receive token form bounty we just get penni because bear market and always like that except bear market over. And i agree with you, i just say to my self in the future the price can be higher than 2017 that's why i keep doing bounty and continue invest

[viananda2525]

Taking decision whether to dump or hodl is the next thing that comes to mind ,if its worth holding then I don't need to worry about the ICO price at all but if its a not too good project then I will dump unless it's too late to dump

its depend to our self.if we really need money and it urgent, i think selling bounty reward could be source income for us to fullfilled our needs.but if we were true dumper, i think there will no reason prevent us to sell our reward.

[Olatunjex]

In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?

I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!

For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$. )

Bounty reward isn't that lucrative these days compare to late 2017 and early 2018, bounty reward are lucrative then but due to this bear market the reward value when listed are absolute waste of time for someone who want to sell immediately it will pay those who can hold at long run.

[capableuwa1]

In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?

I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!

For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$. )

Bounty reward isn't that lucrative these days compare to late 2017 and early 2018, bounty reward are lucrative then but due to this bear market the reward value when listed are absolute waste of time for someone who want to sell immediately it will pay those who can hold at long run.

You're right about this and nevertheless some participants still receive good rewards from Bounty they Participated in the difference is that they put in more effort than before now. It has been seen that most Bounty hunters focus on almost every aspect of the campaign in other to earn good rewards. I hope the good old days will return soon.

[gurunanakji777]

Market is very worst from past 1 year and most of our coins dropped very hard till date. I agree most of the ICOs calculate the Btc and Eth price much more than to the current value and they calculate the cost of their coins according to the higher value and the current scenario is when we receive coins they are just worth off pennies because of Btc and eth less value. So if we want to see the good value of our coins again then market should touch its all time high again.

[spike420211]

You should also not forget that by the time Ethereum costs $ 1500 your project can be closed long ago, and it’s far from the fact that as Ethereum grows, the price of your token will increase by as much as you expect.

[germsite]

In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?

I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!

For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$. )

Bounty reward isn't that lucrative these days compare to late 2017 and early 2018, bounty reward are lucrative then but due to this bear market the reward value when listed are absolute waste of time for someone who want to sell immediately it will pay those who can hold at long run.

The calculation is optimistic. I don't know if we will see ETH go to $1500 again. That is a 1000% increase from now.