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Author Topic: As a Bounty hunter, don't expect too much  (Read 1147 times)
ife2020 (OP)
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February 12, 2020, 10:22:51 AM
Merited by Bezobraznike (1)
 #1

Often timw, i have seen lots of Bounty hunters complain about inability to sell their earned rewards simply because it dumped massively and got de listed or wasted away or died.

But I feel otherwise, some Bounty hunters expect too much from project they worked for and got few tokens, so instead of taking profits, they hold and end up earning nothing, then they claim the project is scam.

Stop working for free
Don't expect too much profits from projects.

NB: Taking profits does not literally mean dumping tokens, for examples, i earned 4,500,000 cyfm then worth over 200$
Today it worths less than 10$.

Always dyor
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February 12, 2020, 10:30:46 AM
 #2

if I personally bounty is not my benchmark to hold the tokens or coins that I run while the pay is right for a few weeks that I run I will immediately sell and forget about it, whether it's up or down I have not taken care of it and while it's free why should I pay
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February 12, 2020, 11:11:09 AM
 #3

This is one of the qualities a bounty hunter must have. I know joining bounties is time-consuming and needs a lot of effort promoting the token but I guess it is rewarding somehow once it gets to exchanges. Bounties have never been like before because of failed ICOs so I guess most ICOs who are running their campaign nowadays don't really have a budget in the first place to pay bounty hunters.

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February 12, 2020, 11:25:10 AM
 #4

The way you put in more efforts is what determines the outcome of what you get, bounties of today requires lots of effort and if you aren't ready for this you should quit, Many fake projects will show up for sure but if you got your detecting skills you can easily avoid the bad projects

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February 12, 2020, 11:59:50 AM
 #5

Certainly! It is the cryptocurrency market; the last place you should be expecting too much. Even as an investor. Talk less of being a bounty hunter. Most bounty hunters go into projects without even making their due diligence. And yet, they expect to profit. Don’t expect too much as a bounty hunter. Especially now that there are shitty projects all over the place.
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February 12, 2020, 12:04:18 PM
 #6

The way you put in more efforts is what determines the outcome of what you get, bounties of today requires lots of effort and if you aren't ready for this you should quit, Many fake projects will show up for sure but if you got your detecting skills you can easily avoid the bad projects
It has been a while since many bounties have been very unprofitable and many are making short-term gains, so when the tokens are paid off they are worthless. some don't even pay by leaving the scam behind. but not all do so, there is still a good thing but having to be selective to be sure you will get it too. don't feel that this is going to end but be sure to work together so that the scam doesn't grow, then the bounty will be greatly benefited again.

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February 12, 2020, 12:10:33 PM
 #7

Often timw, i have seen lots of Bounty hunters complain about inability to sell their earned rewards simply because it dumped massively and got de listed or wasted away or died.

But I feel otherwise, some Bounty hunters expect too much from project they worked for and got few tokens, so instead of taking profits, they hold and end up earning nothing, then they claim the project is scam.

Stop working for free
Don't expect too much profits from projects.

NB: Taking profits does not literally mean dumping tokens, for examples, i earned 4,500,000 cyfm then worth over 200$
Today it worths less than 10$.

Always dyor

   Nice topic and kind words! Many are obsessed with profit, it's all what they see. Making profit is nice, no argue about that, but
sometimes we could support a project even if it's not profitable, in the future who knows, I believe with the right support from
people anything is possible.
   I have some tokens that lost value over time. I still hold them, I talk with the team in their telegram, I follow them on Twitter,
I am trying to be supportive as I can, and many situation will change over time.



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February 12, 2020, 12:25:44 PM
 #8

_snip_
But I feel otherwise, some Bounty hunters expect too much from project they worked for and got few tokens, so instead of taking profits, they hold and end up earning nothing, then they claim the project is scam.

Stop working for free
Don't expect too much profits from projects.

You talk about the results, of course, you can't determine whether your work will be in vain or not at first.

No need to stop IMO, just need to improve the ability to analyze the prospects of a project.
I think there are still many bounty managers in this forum who have better analytical skills than bounty hunters. Then why did they accept the contract if the project wouldn't have good prospects according to them? I'm sure they care more about their reputation than a payment.

Be at least a slightly smarter hunter!  Roll Eyes

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February 12, 2020, 12:40:26 PM
 #9

Quote
NB: Taking profits does not literally mean dumping tokens, for examples, i earned 4,500,000 cyfm then worth over 200$
Today it worths less than 10$.

I have seen a lot of ICO tokens before that had a massive sale during their crowdfunding stage and a lot of people were expecting for a massive growth, however, it turned the other way around. That is why joining bounties is same as trading or investing, you should really do your own research whether it is worth spending time and supporting. I've been into some bounties with less participant where tthe value was massive when the bounty was distributed. Don't be a bounty hunter who follows hype, make your own research and stand and your own point of view and opinion.

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February 12, 2020, 01:01:49 PM
Merited by Sterbens (3)
 #10

The point is we should not expect too much bounty as the main producer because in promoting the bounty only profit is not guaranteed in the future to get good rewards.
If you have free time then it's better to do the bounty but if other work is better leave the bounty working more to produce.
Beware do not promote ICO projects because in the current year we already know that promoting ICO is no longer profitable and we will only be trapped in fraud.

R


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February 12, 2020, 01:02:57 PM
 #11

Often timw, i have seen lots of Bounty hunters complain about inability to sell their earned rewards simply because it dumped massively and got de listed or wasted away or died.

But I feel otherwise, some Bounty hunters expect too much from project they worked for and got few tokens, so instead of taking profits, they hold and end up earning nothing, then they claim the project is scam.

Stop working for free
Don't expect too much profits from projects.
The era where Bounty campaigns are still profitable are now over already. Bounty campaign isn't as profitable as it was 2 years ago. As a bounty hunter in the past, I know how you feel if the campaign that you have promoted for almost a month or more didn't pay you or you have been paid but the problem is the tokens doesn't have any value at all.

You are lucky if the token will have value because you can dump it immediately but the problem is you can't sell it at the initial price in the exchange because when the times that you will sell it, the price will definitely go down very hard. You can sell your token but it is not worth your time and effort.

NB: Taking profits does not literally mean dumping tokens, for examples, i earned 4,500,000 cyfm then worth over 200$
Today it worths less than 10$.
If you sold it when the total value of the token is $200 then you are lucky. Mistake for those who expected too much for the token and hoping that it will rise in the future.

Always dyor
No DYOR. Just get another work and stop bounty hunting.

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February 12, 2020, 01:17:56 PM
 #12

No DYOR. Just get another work and stop bounty hunting.

From my experience, DYOR still works because it increases your confidence and chance to find a good bounty. Not all bounties are scams though, there's still a few which you just need to find. Remember that there are ways to increase that chance by for example, joining bounties from a reputable members of the forum. Bounty hunting is like investing in the market but what you're investing is time, you never know if it will fail or not, you just have to do your own research and if you are feeling confident enough, then invest your time in it.

The problem here is that people are greedy, most who failed are blinded from the fact that you can't get rich here easily. Just like the OP said, they expect too much from those bounties instead of taking what's in front of them.


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February 12, 2020, 01:40:56 PM
 #13

skip

NB: Taking profits does not literally mean dumping tokens, for examples, i earned 4,500,000 cyfm then worth over 200$
Today it worths less than 10$.


Therefore after we have received the token from the bounty and the token has a value, I think it should be sold directly because the bounty project is now not long-lasting enough in their exchanges, only at the beginning it can be traded, but for a long time this token did not develop and die.
If we have received a token it would be better to sell it regardless of the price.
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February 12, 2020, 01:45:10 PM
 #14

no one wants to work for free, it's just that we all hope for the best and success of the project that we advertise. besides, I agree that we don't need to expect too much, but we work because we hope it can be successful. However, some bounties that were quite profitable at the beginning of this year, such as Tachyon made hopes that made me think that there were some bounties or projects out there that still wanted to develop their projects better and pay according to what they meant.

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February 12, 2020, 01:46:19 PM
 #15

This thread shows the huge need for new, unique projects which help the community actually make some money.
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February 12, 2020, 01:46:43 PM
 #16

I'm not expecting too much on bounties right now since most of the projects that have launched their bounty here is either shit project or they just lowered the allocation on it. But still despite of this, I'm still working on some bounties that I think is good, I already stop promoting bounties that didn't passed my criteria. I only do bounties that I think worth promoting for just for them to recognize by the community. I'm still holding some bounty tokens and I didn't regret it since I made my decision not to sell tokens from a good project despite of the market situations.
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February 12, 2020, 01:51:53 PM
 #17


Yes, that's right, I also encountered such a problem. When there are earned tokens and it is impossible to sell them due to the lack of a very low price. And now I try, as soon as the tokens arrive in the wallet, I immediately sell them on the exchange. And at the moment you need to know in advance that you will not receive a very large income from remuneration. And you need to be content with what is.
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February 12, 2020, 02:23:58 PM
 #18

Often timw, i have seen lots of Bounty hunters complain about inability to sell their earned rewards simply because it dumped massively and got de listed or wasted away or died.

But I feel otherwise, some Bounty hunters expect too much from project they worked for and got few tokens, so instead of taking profits, they hold and end up earning nothing, then they claim the project is scam.

Stop working for free
Don't expect too much profits from projects.

NB: Taking profits does not literally mean dumping tokens, for examples, i earned 4,500,000 cyfm then worth over 200$
Today it worths less than 10$.

Always dyor
Im also a bounty hunter but i never expect to get a lot from bounty campaign. I wanna ask you that when your token worth over $200 why didn't you sell your coin? That has already happened so many times.
Taking the profit from the market can be done through various ways. Just a small liquidate to the market will be effectively helping the market to avoid the panic sell that caused by the dump.
The hunters must never try to keep it for long term (if the token looks suspicious and it doesn't have bright future)
The majority of the hunters were dumping their tokens ASAP caused by there was no enough buy order in the market and this makes all of them wanna to dump it.
The problem is not all of hunters aware about this.

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February 12, 2020, 02:25:17 PM
 #19

Bounty hunters should be ready for the worst, only strong hardworking bounty hunters will prevail in this crypto space and its not a place for the lazy bones anymore, you have to join many bounty projects, I'm sure one or two will give good result
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February 12, 2020, 02:33:34 PM
 #20

Often timw, i have seen lots of Bounty hunters complain about inability to sell their earned rewards simply because it dumped massively and got de listed or wasted away or died.

But I feel otherwise, some Bounty hunters expect too much from project they worked for and got few tokens, so instead of taking profits, they hold and end up earning nothing, then they claim the project is scam.

Stop working for free
Don't expect too much profits from projects.

NB: Taking profits does not literally mean dumping tokens, for examples, i earned 4,500,000 cyfm then worth over 200$
Today it worths less than 10$.

Always dyor
actually?as a bounty hunter?you must not expect anything by now because only tiny part of Bounty campaigns and airdrop are legit ,most of them are bringing nothing but scams and you must admit that mate.
this thread is a good advice for many hunters but you must put this also in your own position because there are no one will be more concern about you but yourself.
much better if you don't waste your time for such and find more profitable way than this scamming area.
Bounty hunters should be ready for the worst, only strong hardworking bounty hunters will prevail in this crypto space and its not a place for the lazy bones anymore, you have to join many bounty projects, I'm sure one or two will give good result
seems like you are very dedicated in your Bounty Hunter description mate?but very well said  on this part because there is nothing you can do but stay strong and ready for all instances that may come to your way as hunter.

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