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Author Topic: As a Bounty hunter, don't expect too much  (Read 1177 times)
killerfrost
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February 12, 2020, 02:35:21 PM
 #21

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
Each person has their own choice, so you cannot force people to make the same choice as you. I see a lot of projects growing after a long time of operation, the price of it has increased hundreds of times compared to the original and everyone is very profitable if they hold it. And besides there are also a lot of projects collapsed after being listed and I'm sure those are scam projects. Personally, I don't sell too soon the tokens I receive from bounty, I choose to hold it for a long time if it's the tokens of good projects.

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February 12, 2020, 02:53:53 PM
 #22

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
I agree with your opinion, But sometimes projects tokens are just abandoned by the team and not listed to any cryptocurrency exchange so those tokens are just wasted and badly I have plenty of those tokens from the bounties that I joined and it's all wasted. thats why it's better to sell those tokens until it has some value or else your sweat and effort will be vaporized.
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February 12, 2020, 03:31:12 PM
 #23

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
As a bounty hunter its a bad idea to keep all the tokens you earned through bounties, my own way is to sell 80 percent of the tokens and keep the rest just in case the price surge in near future, most bounty projects turn scam after several months of listing on exchanges

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February 12, 2020, 03:32:44 PM
 #24

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
There's nothing wrong with participating in a lot of bounties as long as you have all the time make it. But before doing such bounty campaigns, be sure to do your part by researching on your own so you can avoid posting in scam projects. Bounty hunting is not that profitable like before so never prioritize it. Those tokens from bounties now have very low value and some are even delisted in an exchange. Find a regular job that will give you consistent profits and do not rely on bounties alone.

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February 12, 2020, 03:34:44 PM
 #25

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
lucky for me that i only Joined limited Bounty Hunting but made their way to success,some dont really make a multi million but at least we are being paid and convert the payment into bitcoin.
and some Bounties that i joined pays in ethereum or Bitcoin and some are XRP the safest i can have.
i am choosy in joining maybe that same reason why i am not a victim of the scamming happening in  Bounty section.


just follow what OP advised because he seems to be a consistent Bounty Hunter so he knew already whats happening inside the area.

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February 12, 2020, 03:41:51 PM
 #26

talking profit in the form of selling your coins is considered dumping  .  dont expect too much means you are contented on what you get from them , let say you got a coin with a less value but would you sell it right away if it has a small value ?  would it be wise to wait for a while and see if that coin jumps atleast a little before you sell . hodling is risky but before you do it you should understand it first and accept what ever it end up  . but as a hunter its good to limit your expectation so that it wont hurt you alot  .
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February 12, 2020, 03:44:55 PM
 #27

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
Would have been a different story if you sold at that 200$ and move on, I earned a thousand dollars this January 2020 from a token I earned in bounty campaign of 2019, the token got listed in January 2020 and I just sold, after few weeks it turn worthless

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February 12, 2020, 03:46:01 PM
 #28

Right. Don't wait too long. It's better to sell your bounty token after you get it. Especially if the number of tokens in the spreadsheet reaches thousands. 3k, 5k, 10k, with the number of tokens that much, obviously the price will fall. And you don't hold the token.
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February 12, 2020, 03:55:08 PM
 #29

Don't expect too much in a way that you understand the possible consequence of being a bounty hunter. It's not all the time that you've got to meet good projects that are paying and has a decent developers.

It has been experienced by everyone who has been into hunting that if you are not lucky enough, you'll still try again to join another bounty which you don't have an idea if they will pay or not.

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February 12, 2020, 04:09:23 PM
 #30

I agree with you. indeed some of the final bounty programs are often too late to register their tokens on the market. The developer always says wait until the market run. then how long should we wait to exchange the gifts we receive, if possible the market does not run, is it possible that the gifts we receive will only be empty savings that has no price. now we know expecting something too high is not good.

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February 12, 2020, 04:40:34 PM
 #31

The real reason why bounty hunters are complaining is the fact that they have probably worked more for that coin than the owners or basically the team that created it. Nobody wants to promote a coin every day for hours for months and then see the team behind that coin basically does absolutely nothing at all. That literally happens half of the time when you promote a new coin, it is the worst feeling ever because people are basically spending their time and effort and maybe sometimes even money to promote it and they can't make a single cent profit from it, all because the team is not doing anything.

If it was just about the team being bad or the team being scam and what not I will understand not going up, but when the team is "lazy" that is not really a reason to actually stay low. That is what people are complaining about, lazy teams creating coins and pushing all the responsibilities to bounty hunters.

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February 12, 2020, 04:42:08 PM
 #32

If you are following bounty paid in new altcoins, you mustn't expect too much. Why? All people should understand about the current condition of new altcoins. Most new coins from ICO, STO, IEO are hard to survive with appropriate values on the market. After fundraising commonly they ended with dump prices on exchanges. So, with this condition how we can earn profits. It is not only the problem for bounty hunters, but it also experienced by investors.

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February 12, 2020, 04:49:14 PM
 #33

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

After you got hold of your token coming from bounty it's none of anybody's business if you want to hodl it or dump your token you can do whatever you want to do because you worked for it it's your payment and the project benefited from you because investors got to know the project because of bounty hunter's effort.

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February 12, 2020, 04:57:10 PM
 #34

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
Well, we can't blame them for expecting too much in bounty campaigns because I am pretty sure that those persons who expect a lot are the ones who received a lot of profit way back 2017. Personally, I have still some of my tokens under my wallet and waiting for them to be enlist in exchanges or waiting for it to fluctuate. And if it will not be get list or it will take time, I will still leave it there hoping that someday it will be useful in other ways.

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February 12, 2020, 05:11:34 PM
 #35

No. That's not the case the issue here is that most projects turn out to be outright scam after a while even before hunters can take advantage of their efforts in promotion. Others pay hunters little to nothing whereas others take years to get listed and still yield a very insignificant value to hunters.
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February 12, 2020, 05:16:03 PM
 #36

and that is what you need to understand before joining a bounty campaign to not expect more from the project that you are promoting, because most ICO projects do not guarantee success for you including uncertain results or cannot be used as a benchmark for your income. and it's important for anyone not to get your hopes up with the project token that you are promoting, you need to have another job with a steady income.

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February 12, 2020, 05:45:59 PM
 #37

Right now Bounty hunting is not as profitable as it was couple of years ago. Right now there is a lot of scam project that causes the investor to get away from the market. Investors are not in a hurry to invest that's why most of the projects fail and Bounty hunter also gets nothing. Another thing bounty hunter also sells their coin massively most of the times it is also a reason for price dump.

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February 12, 2020, 05:48:05 PM
 #38

most of bounty hunter indeed many expect to get a lot from ther, but they forget that the era of big payments has ended, and now bounty hunter only get a small payment, but it also depends on them because if they rotate the reward from the bounty for example it is used for trading and they succeeded I think they can still get a lot it's just that it takes courage because I also use this method and several times failed but many also succeeded

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February 12, 2020, 06:13:24 PM
 #39

Actually I am not expecting too much money from bounty campaign.I am just trying to catch few new coins which have bright future.Because If I get a good coin by doing bounty (if rewards amount is low it doesn't matter).Near future if the coin pump that time will be best.But doing bounty expecting 500-1000$ is actually worst thinking ever.Better to catch good coin for future.
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February 12, 2020, 06:19:42 PM
 #40

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
The era of earning decent profits in bounty hunting had passed just a few ones are successful I would relate this to the bad market situation of cryptocurrencies although lately it seems the bull had taken over the market and also scary stories of scams had discouraged many investors participating in ICOs which had s drastic effect on most of the tokens and their projects.

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