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Author Topic: Bounty Vs Trading  (Read 18128 times)
gensol
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April 21, 2019, 04:57:00 AM
 #61

2019 has been a year with mixed feelings for crypto enthusiasts. A lot of bounty hunters have now switched over to trading, because bounty is longer profitable.
Some that have combined the two (both bounty and trading), while larger percentage are still into bounty, despite not being profitable.
I envisage that in two to three years to this time, the population of people on bounty will reduce drastically, because it will no longer be profitable as it used to be.
Bounty should be used to raise capital for those who don't have to invest in other things. Bounty won't last forever when you see profitable one raise money from it learn trading trading will last for life time.
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April 21, 2019, 05:01:24 AM
 #62

You need coins to trade. So bounty will give you coins for free without investment.
Time is the biggest invest that one can ever make, said by wise men. Dont underestimate the value of time, though you are making 0.0002 btc per post there are people in the same time making 0.0004 btc per post, so the time has no fixed value and could be taken to infinity.
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April 21, 2019, 05:03:03 AM
 #63

Agreed most bounty hunters quit their job and some switch to trading and some quit crypto. Most bounties are not profitable really and some of them reduce bounty allocation once it reaches its hardcap/softcap. Most projects not really respect the works of bounty hunters, hope this projects know that bounty hunters are one of the core in marketing their project.
I don't think we should compare bounty and trading, both of them are clearly different. You need capital to trade and bounties don't need that. of course his income will be much greater on trade because you can profit many times over.
In addition to the ability to trade, self-control is very important. In a bounty, you risk only your time, and in trading, with your money and time. Difficult to trade, but easy to make a profit Wink. Easy to participate in bounty campaigns, but it’s hard to get rewards Grin.

RamBahadur.Gurung
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April 21, 2019, 05:07:11 AM
 #64

2019 has been a year with mixed feelings for crypto enthusiasts. A lot of bounty hunters have now switched over to trading, because bounty is longer profitable.
Some that have combined the two (both bounty and trading), while larger percentage are still into bounty, despite not being profitable.
I envisage that in two to three years to this time, the population of people on bounty will reduce drastically, because it will no longer be profitable as it used to be.

The ICO market is down and the bounty section is not regulated, so many of the campaigns are being run by scammers. These factors discourage a lot of users from participating in these campaigns. That said, I am not sure whether trading is a viable option or not. Many of the users who have shifted to trading does not have the necessary skill or experience to get profits out of it. Trading requires a lot of time and effort. You need to study a particular coin for many weeks before you can trade it. Not sure whether any of the new traders are doing these steps...
clarkgeneral86
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April 21, 2019, 05:08:28 AM
 #65

2019 has been a year with mixed feelings for crypto enthusiasts. A lot of bounty hunters have now switched over to trading, because bounty is longer profitable.
Some that have combined the two (both bounty and trading), while larger percentage are still into bounty, despite not being profitable.
I envisage that in two to three years to this time, the population of people on bounty will reduce drastically, because it will no longer be profitable as it used to be.
I agree with you because the crypto market is falling so fast that investors and even Bounties hunters gradually leave their jobs. But don't worry too much that the crypto market will return in a year or two. The most important thing for us is patience and trust in Bitcoin. Because we have witnessed a lot of Bitcoin down and even the current price is still higher than in 2014.
karma_project
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April 21, 2019, 05:12:14 AM
 #66

I am confident that trading brings more profit than bounty. It seems to me that an experienced trader thanks to daily trading can earn good money now. Bounty brings less profit.

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April 21, 2019, 05:15:25 AM
 #67

Agreed most bounty hunters quit their job and some switch to trading and some quit crypto. Most bounties are not profitable really and some of them reduce bounty allocation once it reaches its hardcap/softcap. Most projects not really respect the works of bounty hunters, hope this projects know that bounty hunters are one of the core in marketing their project.
I don't think we should compare bounty and trading, both of them are clearly different. You need capital to trade and bounties don't need that. of course his income will be much greater on trade because you can profit many times over.
They have different scope, but for wise cryptolover, you can simply coordinate the two, by joining bounty and try to earned then invest your earnings to trade,  since you are active following the market, you will get some extra advantage being updated from the news that spreading all over the net, stay positive and make a use of your time and effort to grow your assets from this field.

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snakey
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April 21, 2019, 05:19:45 AM
 #68

I am confident that trading brings more profit than bounty. It seems to me that an experienced trader thanks to daily trading can earn good money now. Bounty brings less profit.
You did not mentioned about the bankroll right.
It is easy to make 20 usd on 2000 usd , but it is dammn too tight to make 5 usd on 20 usd. This is all matter of bankroll and percentage of profit. Please don't astray away new users in trading if they are not aware of risk, it is better to give a detailed information on what is right and what is wrong.
Japinat
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April 21, 2019, 06:04:13 AM
 #69

Why not just do both, you can be a trader and a bounty hunter at the same time.
Bounty hunting is not a job that gives stable income, although you don't risk money doing it but your time is important, so if you are not getting
satisfied with what you make, you need to adjust and change your ways.

Trading is not a job either, you need to risk your money in trading, so if does not guarantee you succeed.
Good combination is look for a decent job and you can be a trader at the same time, bounty can wait, it needs a good market timing to be profitable.

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April 21, 2019, 06:04:38 AM
 #70

Agreed most bounty hunters quit their job and some switch to trading and some quit crypto. Most bounties are not profitable really and some of them reduce bounty allocation once it reaches its hardcap/softcap. Most projects not really respect the works of bounty hunters, hope this projects know that bounty hunters are one of the core in marketing their project.
I don't think we should compare bounty and trading, both of them are clearly different. You need capital to trade and bounties don't need that. of course his income will be much greater on trade because you can profit many times over.
It is uncertain because you can still lose money instead of receiving multiple returns with trading. Unlike trading, bounty helps us have an income after a period participating in ICO support, and you do not need to spend any cost to receive the rewards. I appreciate Bounty compared to Trade, hope everyone will make their own choices.

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April 21, 2019, 06:05:40 AM
 #71

Trading has a very high learning curve but it is possible to make a living out of it.  I would suggest using some of those demo services to practice with play money before you go and jump into the deep end.
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April 21, 2019, 06:08:48 AM
 #72

2019 has been a year with mixed feelings for crypto enthusiasts. A lot of bounty hunters have now switched over to trading, because bounty is longer profitable.
Some that have combined the two (both bounty and trading), while larger percentage are still into bounty, despite not being profitable.
I envisage that in two to three years to this time, the population of people on bounty will reduce drastically, because it will no longer be profitable as it used to be.

When that happens then ICO companies will be force to give larger percentage to bounty hunters. If 2 percent is not enough then make it 4.

A large help has been given by bounty hunters specially those who translate pages and websites. They must given the right amount for them to complete their tasks.

Yeah, I have heard a lot of users getting bored with participating in bounties. It is time to give them the right payment.
It is also for good advertisement.
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April 21, 2019, 06:35:04 AM
 #73

There was a time when the rewards from a single signature bounty was equivalent to the monthly wages in some third world nations. But a lot has changed since then. Many of the bounties are not paying, the duration of the campaigns have increased, and above all the rewards have declined by as much as 80% to 90%.
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April 21, 2019, 06:40:53 AM
 #74

Both have different benefits in different ways if you are a trader you had put some investment and trade your your kind and make the profit but in bounty campaigns we have to put all your work and they will paid for your work this is the simple cards of going between them.

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April 21, 2019, 06:41:12 AM
 #75

There was a time when the rewards from a single signature bounty was equivalent to the monthly wages in some third world nations. But a lot has changed since then. Many of the bounties are not paying, the duration of the campaigns have increased, and above all the rewards have declined by as much as 80% to 90%.
In the past, bounty payments were so tempting and many people experienced success so they could improve the economic level in their lives. even many people can become rich when they are successful and right on target in following the bounty. for now following a good bounty is quite a difficult thing, maybe in a calculation that trading will be far more profitable. everyone will choose according to their abilities, bounty and trading are just as good. but for now, trading is far more passionate than bounty. maybe it can change some time in the future, let's just wait.
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April 21, 2019, 06:44:03 AM
 #76

For me personally I do both of these things. Trading and being a bounty hunter certainly makes me have the opportunity to make a profit. From the income from being a bounty hunter, of course I use it again to trade. Maybe it's a strategy that I think is good.
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April 21, 2019, 06:46:20 AM
 #77

2019 has been a year with mixed feelings for crypto enthusiasts. A lot of bounty hunters have now switched over to trading, because bounty is longer profitable.
Some that have combined the two (both bounty and trading), while larger percentage are still into bounty, despite not being profitable.
I envisage that in two to three years to this time, the population of people on bounty will reduce drastically, because it will no longer be profitable as it used to be.
There might be still some good bounties to join but it will over crowded if there any so you will make very few tokens so for now better learn to trading and keep doing bounties if you have spare time or you can come to bounty hunting once it is profitable.

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April 21, 2019, 06:47:04 AM
 #78

There was a time when the rewards from a single signature bounty was equivalent to the monthly wages in some third world nations. But a lot has changed since then. Many of the bounties are not paying, the duration of the campaigns have increased, and above all the rewards have declined by as much as 80% to 90%.
In the past, bounty payments were so tempting and many people experienced success so they could improve the economic level in their lives. even many people can become rich when they are successful and right on target in following the bounty. for now following a good bounty is quite a difficult thing, maybe in a calculation that trading will be far more profitable. everyone will choose according to their abilities, bounty and trading are just as good. but for now, trading is far more passionate than bounty. maybe it can change some time in the future, let's just wait.

trading will always be profitable when compare to bounties because you cannot get wrong in trading  . i mean your income is more guaranteed because you can easily choose a good coin while on bounties  , you wont know if the project that you join will succeed or will be postponed on the middle of thier run  .  bounties before are verry profitable but its not a good idea to depend on it because the payout is longer compare to a real job offline  .
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April 21, 2019, 07:04:37 AM
 #79

I still follow the bounty even though many are pessimistic, but I am optimistic that bounty will have good results with a quality project and a solid team. Bounty yields results and it can be traded so that it can provide benefits.

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April 21, 2019, 07:05:42 AM
 #80

You have a good point as we are in the bearish market as of the moment but we are currently recovering from it, so not too long bounty campaign will become profitable again.

Once it happen, the bounty hunters number will surely boost again. Trading is kinda risky compare to bounty hunting, therefore it is better to earn a few rather than losing some money in trading.
Trading is for professional only, if you want to be part of it. You need to study, you need to take time and learn from your experiences or mistakes. You will not become a professional trader in just a week or month especially if you are starting from scratch.

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