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Author Topic: Bounties is not a reliable source of income  (Read 5919 times)
Tosyn2
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June 13, 2019, 11:17:48 PM
 #261

Back in 2017 I never knew there is anything called bounties or bitcointalk forum until 2018 when I came across a PDF that says it all about how to earn coins promoting projects so since then I decide to give a try ,since 2018 now I've been promoting some projects and I've gotten paid via the project tokens but in reality I haven't been able to earn a dime ,they keep postponing when they will get listed on exchanges ,the PDF never talked about how long this always takes ,just imagine if bounty is all I got I would have starved a lot ,bounties long things and it can easily make one give up promoting them ,its always one delay after the other
The period of total reliance on bounty rewards has passed in the crypto community. Gone are the days when you can boast of $500-$1000 on a monthly bases based on the kind of activities you are into. However, my advice is not to totally give up on bounties because despite the fact there are a lot of scam there are still some genuine ones.
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June 13, 2019, 11:28:49 PM
 #262

No one will giving suggestion to make bounty as your primary income. You can take a chance to get free coin from bounty, but dont hope to much from this jobs. I have same experience with you about postponed payment or even not paying by dev teams.

In conclusion.
Bounty can be give you lot of money if you work for good projects. But, you need primary jobs for your income. Bounty just for your side jobs. Research is important before you join a bounty projects.

DYOR
Agree, dnt rely on bounties.... Just make it an extra income.. Its still better to have your own Job that u know can give you a stable income... And before doing bounties, better to do your own research so it will not a waste of time and efforts...

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Shasha80
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June 13, 2019, 11:47:34 PM
 #263

Bounty is a work that takes a long time and we will not necessarily get the gift as expected, this is about patience and there must be work other than the bounty

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June 14, 2019, 07:56:50 AM
 #264

It is a good source of income, but not a stable source of income from my opinion.
Just think bounty as an additional incomes, that you should not to rely on it.
Trading some coins in exchanges or investing our money on some good IEOs will do better than bounties.

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June 14, 2019, 08:09:56 AM
 #265

One of the best way to earn money in crypto currency industry is through bounties i feel bounties  are safest way to earn money and that too through patience but market should favour like 2017 pump
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June 14, 2019, 08:15:12 AM
 #266

I can strongly say that you are wrong.
It completely depends on a users,  how he/she treats the bounties.
And if you are clever enough then you can invest that bounty amount in something good and can get easy profits out of it.
I have also witnessed people made bounty hunting as there main job.
I too earn a decent amount of money from my signature campaign.

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June 14, 2019, 08:18:45 AM
 #267

Bounties are my choice as a job in my free time. This cannot be considered a job, and many Bounties do not pay the bonus for bounty hunters because the scam or project is unsuccessful. Many projects pay, but we cannot sell so Bounties should not be considered a job.

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June 14, 2019, 08:23:43 AM
 #268

Bounty is only for promoting and after that you can get free tokens by helping the project you promote if they success or fail after ICOs. Thats why its not recommended to leave your present work just to do a bounty hunting because it needs time and effort to do so and yes you get starved if you rely on bounty hunting. Yes, its not reliable for source of income even me i was a bounty hunter and here waiting for profit for almost a year already.
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June 14, 2019, 08:26:54 AM
 #269

I would not say that is true, but if someone has felt a huge reward from the campaign I think it is reliable, I mean from the results of the bounty coin exchange that we have sold later to invest again with other worthy coins and of course profits will always come for us. but after going through this dark period the market has not fully recovered and this is what makes the campaign not as good as 2017.

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June 14, 2019, 08:27:03 AM
 #270

You are right and this because the projects are not trusted in the fund raising. If projects where able to raise funds successfully, there shouldn't be a reason why bounty payments won't be certain

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June 14, 2019, 08:34:40 AM
 #271

I completely agree with you, every company that makes a bounty, tries to allocate a pool of tokens as little as possible to advertise its project and then after some time these companies which making bounties begin to enter KYC for bounty participants and postpone the payment of tokens for several months or even years.
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June 14, 2019, 11:55:51 AM
 #272

No one will giving suggestion to make bounty as your primary income. You can take a chance to get free coin from bounty, but dont hope to much from this jobs. I have same experience with you about postponed payment or even not paying by dev teams.

In conclusion.
Bounty can be give you lot of money if you work for good projects. But, you need primary jobs for your income. Bounty just for your side jobs. Research is important before you join a bounty projects.

DYOR
Thats true, because it depends on the projects that you join, and sometimes there are coins that you get has a low value, and it takes too long to waiting before it has a good value. Just think that joining in bounty is just to train our knowledge, and the amount that we get is for savings for the future.
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June 14, 2019, 12:22:24 PM
 #273

I can strongly say that you are wrong.
It completely depends on a users,  how he/she treats the bounties.
And if you are clever enough then you can invest that bounty amount in something good and can get easy profits out of it.
I have also witnessed people made bounty hunting as there main job.
I too earn a decent amount of money from my signature campaign.
You only see very few people who can successfully turn the bounty campaign into a main job and create a good source of income with it, while the number of failures from bounty campaigns is too massive, especially in recent years when projects have gone down, many people even waste time on this work and do not receive any reward for their efforts. Therefore, income from bounty is not a reliable income that we can rely on, even if we try and work smarter, the reward is still too small for us to maintain living expenses, do not depend on it will help us lessen the pressure

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June 14, 2019, 01:32:00 PM
 #274

As you know bounties is free source of earning tokens and coins,so if some ICO paying good amount than you can get good worth of tokens and coins but you can say not reliable.

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June 14, 2019, 01:36:52 PM
 #275

As you know bounties is free source of earning tokens and coins,so if some ICO paying good amount than you can get good worth of tokens and coins but you can say not reliable.
all will be good if you choose a project that pays you well too. this year, hopefully it will be a good year for bounty hunters, because some projects are also successful with their sales.

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June 14, 2019, 03:38:47 PM
 #276

Bounties are not really meant for stable source of income but if you need some extra income then bounties are in. Bounties are also meant to promote a product in forum, social media,blogs and other mediums. Many bounties suffered setbacks during the bearish year of 2018 and scam bounties proliferated during this time victimizing many bounty participants. This proved that bounties can't be relied as stable source of income and getting a job is still a better option if you want to have a better future.
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June 14, 2019, 03:55:56 PM
 #277

There's a fact that many people are living on bounties or at least taking it as a full time job. This is a dangerous misconception. Doing bounties doesn't bring you any useful skills. Rather than that, spending about 3-4 hours a day in free time doing bounties while having a professional job at day time would be more ideal.
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June 14, 2019, 04:28:35 PM
 #278

There's a fact that many people are living on bounties or at least taking it as a full time job. This is a dangerous misconception. Doing bounties doesn't bring you any useful skills. Rather than that, spending about 3-4 hours a day in free time doing bounties while having a professional job at day time would be more ideal.
working in the bounty campaigns in perspective you can get very good money, but working in your regular job you will remain at the same income level as now


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June 14, 2019, 06:23:12 PM
 #279

Really bounty company is like a lottery. But unlike simple lotteries, bounty can be considered a very long lottery, the result of which sometimes has to wait a very long time. But if you are pleased with the project, you can earn a lot. Once I was pleased with one project and very happy about it. Of course, this work can not be related to permanent income, but it can be considered as a part-time job.

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June 14, 2019, 07:50:37 PM
 #280

It's simple. The market became weak and a lot of different projects appeared. People were not ready to buy such a huge number of coins. Therefore, we have seen such a large number of deceptions of the community.
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