For newbies in the crypto business, you must Know this. make sure you never associate your exchange email with your bounty account. make this a top priority. i advice hunters to have more than 3 gmail accounts.
The good side of bounties
1; you will definitely make lost of money campaigning for good projects.
How can this be a good side of bounty?
2; you might even get rich on the long term if you are good hold and able to detect good projects.
I agree on this, there are lots of bounty hunters who earn as much as $20k in a single bounty. Those bounty hunters who hold DENT long enough to sell on its ATH could have bag a huge money. Not only that, sometimes participants of unknown ICO can get a jackpot because there are few bounty hunters partcipating.
BAD SIDE.
1; whether you like it or now, your social media accounts will recieved login threat(someone trying to login to your account from a different location)
This is the reason why I evaded social media bounties, the campaign wanted the participant to use their personal twitter or facebook account to participate. Other who are wise enough to create another social media account for this are able to hide their own identity but the problem now is, it is getting harder to register fake accounts on both twitter and facebook. It will get your newly created account suspended if you do not produce or upload a valid picture of you or who ever you wanted to be.
2; hackers will also play with emails that was exposed while registering on bounties.
Hackers is always a hacker, what else should we expect? They will tirelessly bruteforce any account they suspect is holding a huge amount.
3; if your account is secured properly, you will lose everything. even your wallet.
Well I agree to some extent that even if we secured our account properly there is a possibility that it can be hacked. But I think you missed
not in this sentence.
Guys i just got HACKED on my hitbtc exchange account.
login location United Kingdom.
i never u.k have hackers too.
I am sorry for the news, I hope you do not lose too much on this hack. I wonder how he get access to your 2fa? Or probably you used sms 2fa, I read
sim swapping is currently on the rise now.