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Author Topic: Bounty Vs Trading  (Read 17729 times)
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April 20, 2019, 07:41:17 PM
Last edit: May 20, 2019, 05:01:33 PM by Gab20
Merited by tk808 (2)
 #1

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 no longer profitable.
Some 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.

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April 20, 2019, 08:33:23 PM
 #2

Indeed until now the bounties was not profitable, maybe only if the bull run will come the bounties will be profitable, but until then maybe the bounty hunters start to trade, and try to make a profit there.

 
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April 20, 2019, 08:36:13 PM
 #3

If you want to make profit and earn more cryptocurrencies, you should try to both at the same time.

Trading is not easy but if you make it completely you can earn lots of money.
Bounty is simple actually but you should try harder and harder if you want to earn more.

I waste my crypto-time %70 trading %30 bounties. So you may think about your crypto-time yourself.

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April 20, 2019, 08:39:19 PM
 #4

Doing both will be a good idea. Get your capital on trading from the profits of your bounty. Its much easier to gamble thinking you don't use most straight from your pocket.

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April 20, 2019, 08:53:05 PM
 #5

Today bounty is profitable only to signature campaign and content writing, youtube creator, who have less participant and distribution of bounty stake is high. On other hand Trading is also good and that too if you are trading with the bounty coins and earn some more then it will more sweet. As if you make loss their is no worry as this is bounty coins.

 
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April 20, 2019, 08:53:49 PM
 #6

So what the point,basicaly its a normal phase
When something come fast,then it will be end soon as well.
The problem just how many people still consider about what they are do,did they still consistent or surrender.
However,smart people will try to split their income from bounty to trading or another online job then the less will be withdrawing.
So,altough some like this happened they still have some to do.

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April 20, 2019, 09:41:09 PM
 #7

As for me I do both together. I am a bounty hunter as well as an investor. When I was introduced to crypto, I started with investment through a friend that introduced me, then I started with around $200 then. That investment has yielded a lot for me and I have never regretted that. As times go on I starting doing bounty campaigns. Left to me, I prefer both bounty and trading, they can really complement each other.  Bounties could take longer time to bring returns depending on the nature of the project whereas trading, especially short term one could bring returns within a short period of time.

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April 20, 2019, 09:43:45 PM
 #8

Though bounty have not been profitable like it used to be because of the bearish market but if you want to make money you can do both bounty and trading so that any moment another bull run set in your income increase exponentially
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April 20, 2019, 09:46:05 PM
 #9

Doing both will be a good idea. Get your capital on trading from the profits of your bounty. Its much easier to gamble thinking you don't use most straight from your pocket.
I started from this one, last 2017 i work as a bounty hunter though I don’t ear much that time but i believe its enough for me to start trading until I succeed on multiplying that money. Its better if you still do both, the best year for bounty hunters will begin when the market enter into a bull run and ICO sill start a great run again so don’t lose hope.
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April 20, 2019, 09:54:49 PM
 #10

A bounty does not take up all your time they just take forever to pay off you can do both easily buy cheap underrated gem coin do bountys on the side build some profit.
probably have to keep working your day job to sustain in this current market until things turn around.
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April 20, 2019, 10:00:22 PM
 #11

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.
While larger percentage are still into bounty, where did you find data about this?? No trading is still no1, maybe only about 10k+ people who join in bounty but if trading so many people, can be up to 1Million, 10Million or maybe more. But in this situation, i think be holder is solution

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April 20, 2019, 10:39:53 PM
 #12

Smart hunters were always doing trading as well.
That way you can  increase your number of your bounty tokens, and take some profit as well.
You can boost your bounty earnings by trading instead of dumping your coins for pennies.
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April 20, 2019, 10:45:29 PM
 #13

Smart hunters were always doing trading as well.
That way you can  increase your number of your bounty tokens, and take some profit as well.
You can boost your bounty earnings by trading instead of dumping your coins for pennies.
Yes but i think not all hunters can trading, so if they joins in trading only take loss, also many bounty hunter loss their token after they sell it, because they sell now then want to buy it again in low price but sadly the price keep pump so he loss all the tokens, so maybe the best way is half for trading half for hold

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April 20, 2019, 10:51:07 PM
 #14

bounty, investment and trading is my world, but now I focus more on trading and long-term investment, today's bounty is very bad and unprofitable. many failed projects that have no value on the market. some projects even choose to postpone the project until the market condition normal again.
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April 20, 2019, 10:57:08 PM
 #15

Altcoin payer bounties are now worthless. Newly created ICOs become much more worthless and this also affects bounty.
Better is BTC payer bounties. No big changes in quantity and less risky.

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April 20, 2019, 11:13:11 PM
 #16

Smart hunters were always doing trading as well.
That way you can  increase your number of your bounty tokens, and take some profit as well.
You can boost your bounty earnings by trading instead of dumping your coins for pennies.

I do believe there is no smart hunters nowdays. There are only lucky trader who trade their bounty or their own token/coin and make profit from them. Back then in 2017, there are a lot of people who become bounty hunters because of bitcoin price suddenly go crazy and lot of them profited from the bounty they have joined. Now, as you can see on here (this forum), people already lost their interest to join in any bounty (especially ICOs) because 90% of them are worthless/scam project

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April 20, 2019, 11:19:38 PM
 #17

In fact what's happening now is the opposite of your assumption. Bounties became less profitable partly because a gigantic number of

people from third world countries joined in. 5-10 USD might mean nothing to you, but to a lot of people in underdeveloped nations,

doing a few bounties per month can put them above their average GDP / capita...

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April 20, 2019, 11:29:58 PM
 #18

Looking at the nature of the crypto space, trading is the currently the most profitable venture in the crypto space in 2019. About 20% of people who use to participate in Bounty campaigns are now trading in either Bitcoin or Ethereum due to the unproductive nature of joining  bounty campaigns. Me for instance, I'm 70% into crypto trading and 30% into bounty campaigning. Trading is the new deal in the crypto space.

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April 20, 2019, 11:45:04 PM
 #19

Well, you can't conclude that bounty campaign is no longer profitable. Although there are a lot of bounty campaigns that do not pay bounty hunters doesn't mean there are no good bounties on this forum. You just have to do your research about bounty projects well before joining them. That will help you not to waste your time participating in them without getting any rewards. 2019 is currently a good year for people who prefer trading in cryptocurrencies. Some altcoins like Ethereum and BNB have had a good level of increase in its market value within the first quarter of 2019. In as much that the trading ecosystem is looking somehow good, when you invest in any coin with the mind that the increase in the market price of Bitcoin might influence that coin and increase its market value, you might not get luck and lose your invest income. I believe Both bounty and trading are at the same level in terms of their profitability and chances of not getting anything after a long investment.


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April 20, 2019, 11:53:33 PM
 #20

I'm agree with you, nowadays bounty is sounds like not worthed anymore cause many reason. The main reason is too many participants and cheater who join the project.
So many hunter dump the token when it list on the first day, makes the project dead and worthless
But trading isn't easy too, cause you must know the analysis to decide which token you gonna buy and when you gonna sell later, and you must have good fund management

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