You Can't Be Jobless And Be Participating In Bounties

[Rune]

You can actually make a lot of money from bounties it just takes a lot of time a very large amount of time to pay off and you need to do many many bountys to get your EV overall
obviously you could never quit your job and just start doing them unless you had a stockpile of money in reserve

[asyakashi]

I doubt most bounty hunters expect to become wealthy from their earnings.  More likely is that they convert the tokens they earn to bitcoin, which they can either spend or convert to fiat.  These are not true believers in bitcoin.  It is just a means to an end for most of them.

They are increasingly developing, some of the bounty hunters become traders or they become ICO and IEO investors.
yes maybe not all but Bitcoin has changed their livelihood.

[babysweetTiger0401]

Once you become a bounty hunter and join in any bounties, it is automatically you will become a trader whether you like it or not.
Because through this We cannot experience profit if We don't sell it in the market platform. This might be the reason of some people who got here in the forum. They were thinking that through participating in bounty campaign they can earn which is true as long as you comply the task needed for the campaign.

[Tylev]

Of course, it is best to have a permanent job and simultaneously participate in the bounty campaigns of ICO. Participating in ICO bounty campaigns sometimes gives a decent, but non-permanent profit. So, last year was not profitable for bounty hunters at all. We are still working for the future. In order for us not to sell the received new tokens in the bear market for a penny, we need another, permanent source of profit. This, of course, as an ideal option. However, in life there is anything.

[rijaljun]

Yeah, based on my experience. Bounty campaigns can be a job but itu doesn't give up exact number of income. It can be high and make you rich in just a couple months or just give you a penny. That's why we should not see bounty as main job, there are a lot real jobs on crypto space. However bounty can be a side-job to give you some additional income.

[Callanta787]

What is there to starve about? Before any one joining crypto space they should be aware that its not an instant money making haven but a gradual process to make money ,I'm glad i know what crypto is as I'm able to make good profit even in bear market and I have no other job but crypto 24/7 only

[Babbylily1112]

Truth be told. You can't be jobless and be doing bounties. You will starve 

My advice is to just see bounties as a pass time and don't be too expectant. Find some other job that gives you money. So many factors determine if you will get good rewards from bounties. For instance, when it lists, the price is out of the control of the team (unless they decide to do a buyback which rarely happens). The price of the token can rise if there is a lot of demand for it when it lists. But most times (since the bear run) the demand is low and to make it worse, several holders set ridiculously low prices just to sell off which devalues the coin.

Another factor that determines your reward is the authenticity as well as the success of the team and its project. Many campaigns have closed down in the past after several months of working on them only to announce that they failed to raise enough funds for the project. Worse case is the team devs exit scam and no one gets paid.

Project owners can also decide to execute their "reserved rights" by changing the rules at the end of successful campaigns. Rules changes can usually mean bounty rewards are reduced, locked, subjected to uninformed KYC checks, or distributed over a very long period of time.

If you consider all this then you will see that bounty campaigns are a gamble and cannot be always relied on to provide regular income for people participating in it. Those that participated in Deex bounty campaign (which ended in January 2019) are still waiting for their rewards (3 months after) and the devs are not communicating any date for the distribution. If you ask them they will say "soon". They have been saying "soon" since January, by the way. I'm not trying to slander the project or anything. I'm just advising fellow bounty hunters to try to get something else to do that will fetch them money and not to rely too much on bounty campaigns for payments.

I totally disagree with you on this, I have a friend who has been out of job for 2yrs now and I introduced him to cryptocurrency. He dedicated to it by running bounty campaigns and for each concluded project, I know how much he makes cos for each project, he does all the campaigns in it and most importantly he doesn't just do anyhow project, he takes his time to research before he embarks on it

[loveblack]

i insist on my full-time job. Bounty is my business hobby. i found a lot of great projects in the bounty activities. i am willing to do something for them. Of course i will also get some rewards, i enjoy it.

[eidoscore]

participating in bounty campaign is just for a freelance job not for main job, because income from the bounty campaign is uncertain and very insufficient for short-term needs

[lovesybitz]

Joining in any form of bounties are already considered as part time job here or full time job it depends on your choice.
That's there are lot of bounty hunters here, were they are expecting something in return once they comply the task needed
in every campaign project until it finish.

[der_troll]

You can make it your hobby or just a part time activity, but you are right. We have a very difficult situation on the market right now and bounties are not bringing so much money as before. Thats why in my opinion you cannot live only from your bounty earnings at all, especially on the falling market.

[Korkorjkk]

Making bounties a full time job is not advisable these days since many bounties don't pay much these days. It should be a part time job where you can use some of the money for other stuff.

[Chinsmokers]

Nowadays doing bounties without a regular job, there is no good projects to join in bounty campaign right now if all wanted to do signature campaign which is also a good opportunity to have a good stakes in bounty,it might  take as well the gaming signature campaign, Project bounties will just  become a thing of that if investors will continue to buy after losing their moneys.

[martychubbs]

That's a good point when you start. It also depends on your age and how you manage your time and money. But relying on bounties only is neither safe nor profitable.

[cryp24x]

I got it. You should not rely on crypto as our main source of income. I guess we need to be aware that bounties are not doing great nowadays compare to the last 2 years. We really need a good compensating job and consider bounty as a hobby that may give you money unexpectedly.

[Fuhre]

If you consider all this then you will see that bounty campaigns are a gamble and cannot be always relied on to provide regular income for people participating in it.

The Bounty Campaign is truly unreliable, but it really can be hopeful. everything must be fought for seriously, so even if we do a Bounty Campaign we don't have to leave our main work, unless you become a big person in the Bounty Hunter, like being BM, your account is Legend, and having multiple accounts that can be relied upon, and have a qualified experience. maybe that can be considered.

[adekogbe]

Bounty can't give you daily benefit so its not great to rely upon thay on the off chance that you are living check to pay-check. You need to search for a more fix pay that can bolster your costs. I can't simply live and rely upon any bounties, not at the present time but rather ideally later on in light of the fact that I need to pick up opportunity on my accounts and one day I will turn out to be absolutely obligation free. So for the time being, make the wisest decision that can't hurt your financial limit

[lyks15]

When you are doing and participating in bounties you have  not considered as jobless because you have already an income. Bounty is a good activity because we get here an good income. From the start that I do crypto as a part time job I already do bounty campaign. Like now that I  provide every weekly expenses coming from my bounty's salary.

[taguig]

Your post very much applies at this point of time, where bounty hunting is not profitable than it was two or three years ago, I wish I had joined much earlier so many of my friends who already made a lot of money two or three years ago, but now it's like looking for needle in a haystack, just to find a good and legit campaign.

[reality18]

Getting employed is not a requisite for becoming a bounty participant. One can be jobless yet get registered for some bounties. What matters is the ability to perform an analytical research into the project in order to come out with the ones with potentials and capabilities of becoming successful.
However, it is good to have a job, a secondary source of income, before joining crypto investment or bounty program because crypto can go bearish for a while. Here, the ones with jobs can always stay calm and patiently wait due to the secondary source of income.