be careful with projects that offer you great prizes, that is not a guarantee of

[safem]

We need to carefully know where we are going as far as profit making in crypto is concerned. Not all bounty projects are good and beneficial to us. We must not allow ourselves to be deceived by empty promises of some bounty projects. There should be a good level of assurance we have in projects that we are investing into. In most cases, the bounty reward tokens of some projects might not be really much but the profit to derive might be so big. We have to know what the future holds for any coin we tend to invest into. Some projects could look so magnificent by the kind of roadmap projection they have, but they might be of no great values. The intensity of our research into any bounty projects must be high. We have got to answer some questions in ourselves before we plung into some bounty projects most times.

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[Phonexy]

Any project that keep speculating on the price is always a turn off for me. But recently I came across a project that promise $10 guess what, the project actually deliver upto $10 within a short time. But within 24hrs this token dump from $10 down to $0.6 so many people got burnt. I bliv the team actually pump the token and dump them on people.

[Insomnia family]

I often see projects that offer large prizes to participants or offer large bonuses to investors. I don't think that's bad, but in fact most of them are not in accordance with the agreement at the beginning. it is only about common sense that no one wants to take a loss in a short amount of time. I mean before investing in any project, don't trust too much with a big prize offer.

[Samayuki]

Offering investors good bonuses seem to be the only way to attract investors for new projects this days and 90percent of these new projects end up not keeping their promises once they get hold of their ICO fundraising money and even the few project that ends up getting on exchanges ends up listing on worst exchanges, i think the fault is on the investors,knowing which exchange the project want to list should be first priority for every investors

[UniversityCoin]

yes the fact is like that, in this crypto industry there is no full guarantee for you. Even in traditional investment, nothing guarantees you profit. There will be no certainty in future income, and if a project claims their tokens will become more and more expensive over time, it is very likely that they are lying. Of course, that does not mean that they are wrong, however, ensuring that everyone in the inevitable benefit is not responsible, to say the least. If you see a project that claims that your profits will grow tenfold in just six months, it's far more likely to be a good old Ponzi scheme than it really is, as seen in BitConnect.
So, no matter how this promise actually looks, if you see that the project offers you sky-high profits for literally no effort, it probably means that they want to make that profit out of you.

Project developers can not say in advance that you will earn a profit several times. If they immediately tell you that you will get such a profit, then you need to be careful with the project perhaps it is created by scammers and the increase in profits is shown in order to lure more investors.

[ganeshramk]

This is absolutely good topic to discuss. If the promise is too much then we should already know that they will not fullfil the promises. There are lots of projects in this category. Better be safe than sorry.

[Farma]

This is absolutely good topic to discuss. If the promise is too much then we should already know that they will not fullfil the promises. There are lots of projects in this category. Better be safe than sorry.

these are common things and things that need to be understood. many people out there, even outside the world of cryptocurrency who always offer bonuses or large profits. without work, or with a little investment, it must be researched was done before helping them.
some projects also have concepts to attract investors by giving large, and extraordinary prizes. That does not guarantee success. however, what guarantees success is a good concept, and professional team support, not a big prize

[BlinkInDie]

Definitely don't be fooled by projects just because of them offering great prizes to people, especially if there's no assurance and system behind it that can make it happen. It's better to invest in coins that are legitimate and takes care of their community, there are a lot of coins that successfully funded but after that, they already shy away from the community.

But instead these projects should incentivize their users to use their platform more, similar to a fashion market that entered the blockchain scene and will use crypto to reward members. We will be needing more of those by major companies to help adoption but at the same time, DYOR so that you won't get tricked by these flowery statements. Check if the roadmap is achievable or not as well.

[lienfaye]

Thats true, if the offer is too good to be true then expect it to be scam.

So we need to be careful on choosing where to invest or bounties to follow because not all projects are genuine.

Regrets are always in the end thus to avoid yourself from ending up to be a victim be extra careful.

[ivakar]

taking into account, that regular people, quite a lot of them have no idea what crypt is and how it is working and what's drives it.. but they do heard or read that crypto is very profitable.. but usually people do not tend to understand critical and important information abut risk of investment to the crypto.. high volatile market and like that stuff..  and then a lot of people lose their money in cryptocurrency, which is sad and they ask feds to do something about it. I guess government should regulate or tech something about investments, people should knew, if all kind of investments not crypto stuff only are risky, and potentially the one could loose all..

[TanakabZX]

Big rewards in crypto space from any projects is a very good clue of what the project will become, its nothing but a scam in the end, the only way for them to attract investors is to offer high returns of investment and new people in crypto space will eventually fall victim for such

[gunhell16]

Big prizes and small prizes are both has no guarantee.
What we should look for is the project itself and the team behind it.
Their future plans and development! that is the main attraction to have.
Those big prizes are just the front to make people come and get the attention!

[Plecet Bank]

Indeed the prizes offered are very large not guaranteed to be successful and even that may be fraudulent. I've been tempted by such projects and the results when they have accumulated a lot of money from investors, then they bring the investor money.

Research and analysis must be conducted before deciding to join a Bounty project.

Nowadays projects like IEO may be a good choice for investing. Because our sales project can directly monitor in exchange. But I advise you before joining should do the checking. If you doubt it is better not to join or invest.

[Perindu]

Sounds like a fool, but it's normal because I'm still a beginner, I like projects that offer big prizes but in reality they only offer sweet promises and I agree that big prizes are no guarantee for project success.

[rahmatullah9305]

I agree with your opinion, the scam business model now has many models so we have to be smart to examine them. getting to know the bounty scam is really hard because the project is good, a good team with a big success can become a scam project, for example exscudo case.

[wxxyrqa]

In any case, very generous rewards cause distrust and fear.  But I want to draw your attention to the fact that such projects can be not only fraudulent, but also quite realistic ones.  But this does not mean that the Bounty Hunter will receive all the rich rewards for his work.  The team, as always, can find any reasons to reduce remuneration and pay only 10% of the amount that was promised under the terms of the company.  An example is the MenaPay Bounty.

[JayTrain]

Perhaps you are right. But it seems to me that some developers simply believe in their projects, they also believe in the profit that their projects will bring, this does not mean that they lie.

I also want to think so, otherwise you can cut off all projects at once, the difficult market is a struggle between projects for survival

[Mighty_crypt]

Crypto market is now all about survival of the fittest, if projects aren't strong enough or investors don't have interest in the project its the end of such project, to me this season seem like an helper, cleaning off bad projects one by one, newbies are the ones keep falling victim to good offers because to me nothing comes for free, if greed is in your blood you will always be a scam victim

[Genemind]

Honestly, there are real projects who are offering promising rewards generously. We may doubt about them but there are still other ways to check their legitimacy. Checking the team behind that project and observing the activeness of a team would be a great help too. However, there are really lots of projects who offers too much and too good to be true rewards, we must be observant all the time and do a series of research before joining or investing.

[BRODIN]

Big prizes are a top priority for most prize hunters, well, including me, one of them who likes to join large reward projects but is not worth the stake allocation due to ranking limitations. now I prefer projects based on real concepts and reliable teams, although I estimate the rewards I will receive are not large but at least I am sure this project will achieve good results.