White Christmas
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★Bitvest.io★ Play Plinko or Invest!
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October 29, 2019, 11:59:45 AM |
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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!
If I failed as an bounty hunter in a one project, then I must go and move forward than staying in a god damn feeling of being a failure to choose of a project. Moving forward and bringing those failure as my lesson will help me to be a better bounty hunter and I would be very picky next time when I choose a project to support on. That's life, sometimes we're cheated by others but we must go on.
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Sithara007
Legendary
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Merit: 1344
Leading Crypto Sports Betting & Casino Platform
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October 29, 2019, 12:55:36 PM |
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Bounty hunters and investors (well.. most of them) understand that there is a very large risk associated with participating in the bounty campaigns and investing in the ICOs. As we have seen, the success rate has dropped to less than 5% for the recent ICOs. Investors always need to keep this in mind before investing in any project. For the bounty hunters, they are not losing any money if a project fails, but even then their efforts may go waste.
Now the question arises about what to do when a particular token suddenly loses 80% or 90% of its value upon listing. If you ask me, I would advice you to sell your tokens and book a loss. Because in 99% of the cases, such sharp falls occur when the promoters dump their tokens. So a sudden drop is a massive red flag and unless there is a good explanation to prove otherwise, you should exit the project.
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angrybirdy
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October 29, 2019, 02:26:38 PM |
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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!
If I failed as an bounty hunter in a one project, then I must go and move forward than staying in a god damn feeling of being a failure to choose of a project. Moving forward and bringing those failure as my lesson will help me to be a better bounty hunter and I would be very picky next time when I choose a project to support on. That's life, sometimes we're cheated by others but we must go on. Becoming a participant of a failure project is the risk we are facing as bounty hunters. This is something that we can't confirm at the very beginning of the project. Moving forward and going for another project is the best action and bringing those experiences will help us grow and will be able to find a better project in the future.
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doomistake
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October 29, 2019, 02:34:58 PM |
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We cannot avoid or prevent this to happen, as a bounty hunter or as an investor, you must expect that a certain project could either be a successful one or will be a failure, you should always be prepare for whatever scenarios that will happen at the end of the ICO, failures are essential to us which may act as a teacher for us to be better, depends on how we see it. You can't help yourself but to be mad but you that is how life works, we lose sometimes to win sometimes.
It is called the "wheel of life" sometimes we are on the top, sometimes we are down, we have to make everything worth it for us not to regret even a single thing, if a certain project failed you, and you gave up while others didn't and earn much, that will be more heartbreaking.
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robelneo
Legendary
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Activity: 3276
Merit: 1207
#SWGT CERTIK Audited
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October 29, 2019, 06:43:50 PM |
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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!
You cannot stop bounty hunters from complaining and feeling that way it's 3 to 6 months of wasted effort, have you been scammed before not once twice or thrice, you will know the feeling when you have a run of successive scam projects. and of course, they can always come back with a lesson but let them pour their complaints and report and post about the project they worked with, it is right because like I said it's wasted time and effort.
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bhabygrim
Sr. Member
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Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
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October 29, 2019, 06:57:08 PM |
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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!
It is our job as an investor or bounty hunter to search for a good project that could make us some profit. But it wouldn't always be that way and I have faced it many times before , The only thing that we could do is to make sure no one else falls victim to their project by spreading up the word about their scam. We couldn't do anything with our investment but we could save some from being a victim too.
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InwardContour
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October 29, 2019, 07:22:11 PM |
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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!
If you lose funds in a scam or failed project, there is no need ranting on social media for instance especially when there is nothing anyone can do about it (we still have problems with no regulations in crypto), hence it's best to learn from the mistake and move on already. I remember doing some bounties in the past and after much ado, there is nothing to show for the time input, I just take it as part of my experience in my crypto hustle and move on. We've gone through "hills and valleys" in crypto, hence my little advise for investors is never to put 100% trust in any project, invest what you can afford to lose. Then for bounty hunters, take quality time doing research about a project and also check the allocation if it's worth your time. My humble opinion.
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btcdie
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October 29, 2019, 07:36:26 PM |
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analysis is the most important thing, both bounty, investment and trading. so all of it is full of risk, but for bounty hunters it is nothing compared to investors. I tend to choose bounties or projects that have new innovations in the public, usually projects like this achieve success. or if you don't want to waste your time in vain, the current IEO project has real earning potential. maybe everyone knows about the ICO problem.
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kooboat
Member
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Activity: 235
Merit: 10
BountyMarketCap
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October 29, 2019, 07:38:54 PM |
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Life is full of lessons, we learn as we journey hence this should also be applied to every sphere of life including projects involving cryptocurrencies. It is always frustrating to see a project that you had high hopes failing or ending up as a scam project. When the unfortunate happens, just pick up lessons and move on.
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Ultimist
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October 29, 2019, 07:50:44 PM |
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You're right. If you constantly whine that some project again did not bring any benefit, it will not lead to anything good. I prefer to forget about such a project and just move on.
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baeva2
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Activity: 728
Merit: 10
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October 29, 2019, 07:59:34 PM |
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To find out if a project will be promising - no one can know for sure, even if you carefully study the project. When a project fails, we are powerless to do anything. The least I can do is complain in a thread on a forum and express my outrage on a telegram.
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Pearls Before Swine
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October 29, 2019, 08:00:04 PM |
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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.
I'll agree with this fully, and in my mind the only solution for either bounty hunters or investors is to NOT get involved in ico's. At all, period. Especially as a bounty hunter, which I'm not. I've seen these guys help advertise ico projects for months with the hopes of getting their stakes at the end, only to get screwed instead. That has to hurt. But it's disappointing and sad that these bounty hunters *don't* learn from their mistakes, and they end up participating in other bounties and likely continue to get scammed. The truth is that they're desperate for money, and I don't think it's a matter of believing in the wrong project. I don't think bounty hunters care one way or another if the project has any merit. This will never stop until investors stop giving these scammers their money. It has to be profitable for the ico developers, else they wouldn't keep doing it. I don't know who these investors are, and I'd love to know, but they obviously don't learn from their mistakes either.
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Eildosa
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Activity: 572
Merit: 10
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October 29, 2019, 08:21:23 PM |
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At first I was also very worried about the fact that the project turned out to be a fraud, but then I realized that it was useless. Negative emotions will never bring anything good and therefore don't need to dwell on them.
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xiboothrezi
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October 29, 2019, 08:39:13 PM |
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The first rule as a bounty hunter: must be prepared to accept all risks.
Risks that must be understood: the allocation is cut, the bounty period is extended without additional allocation, old distribution, old listing, bad market price, token or coin locked, etc.
We do spend energy and thought to support a project according to the rules, but if it ends not as expected, then don't be angry, that's the risk. Didn't you decide to join? be an educated bounty hunter. I also often see a bounty hunter who is angry and says bad words, let alone using the local language, very unfortunate even though it was his own decision to join. If you are not ready to accept the risk, then don't join as a bounty hunter, don't harm others with your bad attitude. If the bounty I support fails, there's not much that can be done other than accept it gracefully, then gather more enthusiasm to join other projects.
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ven7net
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October 29, 2019, 08:55:28 PM |
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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!
Usually, if you constantly blame failure, then you are doing something wrong. I believe that every failure should bring experience and you must draw conclusions so that in the future you will not make such mistakes. Nevertheless, it is necessary to take a more serious approach to the process of selecting projects for participation. This is the only way to eliminate all bad projects and not lose time and money.
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Mammothcoin
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Activity: 336
Merit: 101
KoinPro
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October 29, 2019, 09:08:42 PM Last edit: November 02, 2019, 05:45:05 PM by Mammothcoin |
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Even after analysing a project that has a reputable team, has track record of physical project development and all, there still are no guarantees the project will be successful. What if they don't hit softcap and decide to continue without issuing tokens(investors' refund)? What if it lists and the price is terrible? At most even though we try to pick projects we promote intelligently, these days bounty hunting is more of a game of chance and numbers. So if a project fails, you saddle up and ride harder.
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prehisto
Full Member
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Activity: 882
Merit: 112
Your Data Belongs To You
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October 29, 2019, 09:16:50 PM |
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Often there is no lessons to be learnt from your past mistakes, because projects often rise money then go to exchnage and lose almost all of their value. Time after time i have to deal with teams which do not care or dont understand how to take care of their token value.
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ATSgrowth
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homt.net
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October 29, 2019, 09:21:31 PM |
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At first, you never know how it will end before you try. Scammers look more legitimately than those who are serious about it and that is the problem. Look for example at Centra scam, probably the biggest scam in the ICO history and who knew it before they gone with money?
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ajiz138
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October 29, 2019, 09:27:42 PM |
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What I do when the project fails is to search for other projects. Project failure is not entirely a scam. there are also some projects that fail because they don't reach softcap. But if it's a scam project, report it quickly and publish it so it won't hurt many people.
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dimox
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Merit: 1003
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October 29, 2019, 09:30:23 PM |
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im bounty hunter, and when im join on some campaign and that campaign fail, im really dissapoint because its like what you said, i loss my time, effort is useless, sometimes i comment on their community or place to see what happen, and give up what happened
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