What do you do when a project fails you as abounty hunter or investor

[otto93]

As an investor or bounty hunter, you have dedicated either your funds or time for a pjoject and it turns out to be a fail project, what next?

Many at times we have come across this situations and I see a lot of negative posts from different bodies about this projects, y? Because people are hurt and have lost precious time and capital.

I suggest that whenever this situations arise, rather than telling the whole world how you messed up, tell yourself never again and pick up your pieces, go back to the drawing board and never repeat 🔂 that same action that lead you to following and supporting a failed / scam project in the first place.

Beware guys!

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[albrots]

but such failure is a risk for Bounty Hunter. It is necessary to analyze first before participating in the bounty, so as not to get caught in the same mistake. But the projects that we follow are sometimes very good from the start and definitely pay off. But after a while there was a problem and finally Bounty Hunter was not paid. The problem is not paid also depends on the success of the project, if softcap is not reached then just relax and consider it as learning. We cannot demand much, we just need to find a new project and work on it.

[topbitcoin]

As investor and bounty hunters, especially i joined translate campaign in past, i can't do anything about it. If investor, when i think it can be saved anymore so i will sell it at current price. Or if project not have value and not listed in exchanges, i don't have any choice beside to keep it in my wallet. When translate whitepaper i always read disclaimer, a lot of project almost have same disclaimer. People not forced to buy the coin at sale and all risk go to investor.

[Gotumoot]

This situation has been repeated over and over again, as today's scam campaigns are difficult to predict. That's why we come in even when it's risky.
So it is best not to join campaigns and seek other revenue opportunities such as trading, and freelance jobs that are paid in bitcoin.

[knuckey]

The first thing we have to know is risk and it will happen in investments, jobs and whatever we do. So don't just think about benefits or results, but think about all aspects related to it.

We live not alone, so be diligent to share, learn with friends and the community to achieve satisfying results. Don't regret, make it an experience and move on to focus on the next activity.

[asriloni]

There are two results from a different perspective to answer your question.

As a bounty hunter and there is nothing we can do because when we have joined in the bounty campaign and we have agreed with all of the rules that have already created and we are joining in our risk. Just move on and then try to do the best to get legit bounty.

As an investor tries to learn how to get legit project or join in the legit platform. I have experienced lost my money in icos so many times and i have learned a lot from there. Due to the scammers are located abroad in the country and i can't take the scammer to the court.

There are so many scammers these days and we must be aware about that.

[Ailmand]

I guess all bounty hunters here had experienced this. Promoting a project for months, delaying bounty payment and in the end, it ends up a scam or even worthless. It is a risk that bounty hunters take when joining bounties and we cannot remove it, that is why we must review a project before promoting it.

[iyah adrian]

Indeed we must learn from these mistakes. Whatever comments we make on the project do not really affect much, they are gone and what we can only take is the mistakes we make. In the future, surely we do not want to promote a project that is not so good.

[quierx16]

First thing you need to do when you encounter a scam project is to inform everyone here by posting on scam accusation section here in forum in order for that project to scam more people if you are one of their victim just simply forget about it and move on, learn from it.

[magneto]

As an investor or bounty hunter, you have dedicated either your funds or time for a pjoject and it turns out to be a fail project, what next?

Many at times we have come across this situations and I see a lot of negative posts from different bodies about this projects, y? Because people are hurt and have lost precious time and capital.

I suggest that whenever this situations arise, rather than telling the whole world how you messed up, tell yourself never again and pick up your pieces, go back to the drawing board and never repeat 🔂 that same action that lead you to following and supporting a failed / scam project in the first place.

Beware guys!

Do your due diligence before you do anything. That's my advice.

Remember that when you are doing bounties, what you are doing is essentially selling your labour in exchange for a reward. You obviously want to ensure that that reward is proportional to the effort that you put in - and to protect your own interests, you MUST do sufficient research before deciding to go with a bounty campaign.

I've seen too many people being asked KYC after their campaign ended, or end up with worthless tokens at the end of bounty campaigns.

[DaMut]

Indeed we must learn from these mistakes. Whatever comments we make on the project do not really affect much, they are gone and what we can only take is the mistakes we make. In the future, surely we do not want to promote a project that is not so good.

Our comments will do something to the project if they failed to meet their promises to us. If you get scammed do not keep silent but tell the world how you get scammed and tell them to stay away from that project. With that not only you can prevent other people from getting scammed, but you also can get rid of some of your frustration.
after doing that you can learn from your mistakes and make a proper research in the future to prevent you from getting scammed again.

[kidbounty]

As an investor or bounty hunter, you have dedicated either your funds or time for a pjoject and it turns out to be a fail project, what next?

Many at times we have come across this situations and I see a lot of negative posts from different bodies about this projects, y? Because people are hurt and have lost precious time and capital.

I suggest that whenever this situations arise, rather than telling the whole world how you messed up, tell yourself never again and pick up your pieces, go back to the drawing board and never repeat 🔂 that same action that lead you to following and supporting a failed / scam project in the first place.

Beware guys!

yes you're right, that's why we have to learn so that events like this don't happen again. maybe for investors they have learned, but bounty hunter I think they always repeat the same mistakes. just see there are still many people who participate in projects that are not feasible. and at the end they regret it. even though they have experienced this many times. no desire to change.

[CryptopreneurBrainboss]

I suggest that whenever this situations arise, rather than telling the whole world how you messed up, tell yourself never again and pick up your pieces, go back to the drawing board and never repeat 🔂 that same action that lead you to following and supporting a failed / scam project in the first place.

No the best method to avoid falling for this worthless promises is by been very skeptical about any project you come across. Been skeptical is one of rhe many qualities you should develop as a cryptocurrency Investors, more qualifiies can be found here; Qualities worth developing as a crypto enthusiast (Investor). Instead of relying merely on the promise of project and invest via ICO or IEO you can keep tab on the project, monitoring it then invest once it successfully delivered what it promise on the WhitePaper.

This strategy would prevent you falling victims to scam projects although there's a little price you would pay, which involves not benefiting the total ROI if you had invested during the early days of the project but still it's a safer option then relying on just promises without seeing any working product.

[Wapfika]

This situation has been repeated over and over again, as today's scam campaigns are difficult to predict. That's why we come in even when it's risky.
So it is best not to join campaigns and seek other revenue opportunities such as trading, and freelance jobs that are paid in bitcoin.

This been the scene for around 2018 that are many bounty hunters and investors leave for a while, since we can't do anything as a bounty hunter since we will only be paid when the project reach soft cap atleast. But as an investor we have the right to get our refund and contact them for details but it already waste our effort and money in those times that it should be profiting.

[lousie9]

the next plan I will just think and will not repeat it to the same hole, actually a failed project or a fraudulent project is common in this industry, only from there you will get important experience about being a bounty hunter or a wise investor.

[Wysi]

As an investor or bounty hunter, you have dedicated either your funds or time for a pjoject and it turns out to be a fail project, what next?

Many at times we have come across this situations and I see a lot of negative posts from different bodies about this projects, y? Because people are hurt and have lost precious time and capital.

I suggest that whenever this situations arise, rather than telling the whole world how you messed up, tell yourself never again and pick up your pieces, go back to the drawing board and never repeat 🔂 that same action that lead you to following and supporting a failed / scam project in the first place.

Beware guys!

I have been a part of several projects like timebox, chynge and Athero wherein I have invested my time but in return got some tokens which were worthless and there was noone to buy that tokens when it comes to timebox and yet to receive any tokens for chynge, Athero distributed the token after dumping it and now there is no buyers for that. I blame myself to be a part of these failed projects for enrolling with them just by going through their website and fake credentials post which I did not join any bounty as it was a lesson for me.

[takngantuk]

I suggest that whenever this situations arise, rather than telling the whole world how you messed up, tell yourself never again and pick up your pieces, go back to the drawing board and never repeat 🔂 that same action that lead you to following and supporting a failed / scam project in the first place.

No the best method to avoid falling for this worthless promises is by been very skeptical about any project you come across. Been skeptical is one of rhe many qualities you should develop as a cryptocurrency Investors, more qualifiies can be found here; Qualities worth developing as a crypto enthusiast (Investor). Instead of relying merely on the promise of project and invest via ICO or IEO you can keep tab on the project, monitoring it then invest once it successfully delivered what it promise on the WhitePaper.

This strategy would prevent you falling victims to scam projects although there's a little price you would pay, which involves not benefiting the total ROI if you had invested during the early days of the project but still it's a safer option then relying on just promises without seeing any working product.

I agree with you, we better see them work first before investing. investing while still in IEO/ICO is not the right choice because it is very risky now. it is better to invest when the project has been running for 3-4 months or when the project has completed several stages in their roadmap. this looks promising and is proven to be safer. but maybe for those who want to get quick profits this way seems very slow and too much time wasting.

[o48o]

As an investor or bounty hunter, you have dedicated either your funds or time for a pjoject and it turns out to be a fail project, what next?

Many at times we have come across this situations and I see a lot of negative posts from different bodies about this projects, y? Because people are hurt and have lost precious time and capital.

I suggest that whenever this situations arise, rather than telling the whole world how you messed up, tell yourself never again and pick up your pieces, go back to the drawing board and never repeat 🔂 that same action that lead you to following and supporting a failed / scam project in the first place.

Beware guys!

I usually count that as in loss pretty fast and leave sell orders to hang on in the exchange. Often i like to still hang around and watch the drama it brings. You can learn a lot from a scam too, what lead to it and what were the warning signs that investors missed. At least you should learn from it because you technically paid for the lesson. Sometimes i offer to help if i am sure that brings any value to project and if it's salvable. But that would mean that there would be any effort from the team to actually make the project work instead of catching them lying about everything.

[Stanlo]

As an investor or bounty hunter, you have dedicated either your funds or time for a pjoject and it turns out to be a fail project, what next?

Many at times we have come across this situations and I see a lot of negative posts from different bodies about this projects, y? Because people are hurt and have lost precious time and capital.

I suggest that whenever this situations arise, rather than telling the whole world how you messed up, tell yourself never again and pick up your pieces, go back to the drawing board and never repeat 🔂 that same action that lead you to following and supporting a failed / scam project in the first place.

Beware guys!

Time is a valuable thing but with time you can get good result if you are not a giving up type, i have promoted many projects and as a starter i promoted few bad to scam projects yet i start learning what makes a project a better choice so i adjust how i choose them, till date i have promoted good ones too, nestree, airwallet, storichain, etherzero, switch, eterbase , moozicore etc all this projects are not scam but legit projects

[Wintersoldier]

Basically if the projects fail or be categorized as scam or fraud after the bounty, who I blame is my self, If I will be more observant to the project, read the white paper, and research the people behind the project much more effectively, I will not be part of those who messed up. But right now, I have not much time to pick and choose bounty as for me, these projects aren't reputable at this time. So I will wait till next season of projects for bounty hunters came up.