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Author Topic: Facts about bounties  (Read 740 times)
Ken_terrance
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February 15, 2020, 10:11:24 AM
Merited by CryptopreneurBrainboss (1)
 #1

To all newbies or new comers, here are few advice for you guys if you want to start promoting bounties

1. Many bounties won't pay
Its a real fact that some might not want to accept for one reason or the other, new projects aren't that attractive to investors anymore so be ready for the worst.

2. Bounties are still Profitable
Ignore whatever bounty hunters are saying, yes many projects aren't paying but still some are paying, experience of a bounty hunter is different from one another, some bounty hunters still find it hard to learn from their mistakes


Remember that even good projects that looks promising can still fail but here is what I want you to hold on to, a single bounty project can cover for all your losses, what I meant is 1 project can give you biggest profits even when you've promoted 10 projects that gives nothing, this is why its called BOUNTY.

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February 15, 2020, 10:54:22 AM
 #2

 Grin I'm used to not getting paid from bounties because the projects you have high hopes on can easily failed you and the ones you least expected will pay good rewards to hunters, bounties is gambling now so I don't trust any new bounty project until they pay, I always like taking the risks and most times I'm glad I did

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February 15, 2020, 11:00:33 AM
 #3

I think that bounties are much less effective these days for the organisers because they are mainly addressed to retail investors which are either out of the market as all those ICO scams and negative ROIs scared the hell out of them or they are putting less risk, thus it is much more productive for projects to focus on institutional investors.

Though that doesn't mean you can't catch a golden goose here and there. Wink
I'll say this: if you don't have better means to make money, go ahead and hunt for bounties haha

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February 15, 2020, 01:04:21 PM
 #4

You are absolutely right, mate. Whoever wants to do bounties they should try luck on several bounties at the same time! Because as you said the majority of bounty campaigns are not paying, but if one good bounty pays you then that can cover your all losses, that's why everyone should keep doing bounties, bounty still has good future!

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February 15, 2020, 01:15:04 PM
 #5

The fact that there are still people who like to join a bounty campaign that explains they are at least getting something.
Some people just generalized the bounty campaign, just because they got scammed, they think all the bounty campaigns are already scammed.

Maybe it's safe to say that earning money in bounty campaign today is harder compared to the past, or prior to the bull run and during the bull run.

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February 15, 2020, 01:18:05 PM
 #6

Most of the bounty hunters are know about are really bounties and once they join they need to be prepare of many possible to happen.

But it is good that your target about in your thread is the newbie bounty hunters who are looking for more information about this.
Bounties is good but it turns into bad because of the scammer team project who use ICO and the other people to scam the other.

There are 3 ways that possible that you encounter in bounties such as you get your token , not paid and you paid but the value is zero or not tradbable.

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February 15, 2020, 01:19:04 PM
 #7

Well, thats your perspective. but in reality, it may differ because every one of us has a threshold in terms of compensation with our effort while promoting bounties if you consider that even a penny was also a profit then its fine no one can question you about that since it's your own belief. but you can't force others to do what you believe. just saying! But for newbies, it's quite helpful.

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February 15, 2020, 01:22:05 PM
 #8

To all newbies or new comers, here are few advice for you guys if you want to start promoting bounties

1. Many bounties won't pay
Its a real fact that some might not want to accept for one reason or the other, new projects aren't that attractive to investors anymore so be ready for the worst.

2. Bounties are still Profitable
Ignore whatever bounty hunters are saying, yes many projects aren't paying but still some are paying, experience of a bounty hunter is different from one another, some bounty hunters still find it hard to learn from their mistakes


Remember that even good projects that looks promising can still fail but here is what I want you to hold on to, a single bounty project can cover for all your losses, what I meant is 1 project can give you biggest profits even when you've promoted 10 projects that gives nothing, this is why its called BOUNTY.
It's hard for you to get a lot of profit from bounty at the moment. The budget for bounty is now shrinking and you will not be able to make too much money with it, you can only make a small amount of bounty during this period. It is better to have a more stable job and do not waste too much time with bounty

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February 15, 2020, 01:25:43 PM
 #9

Here's another fact about bounties, many will pull a trick at the end of the campaign or before distribution. A lot of them would require KYC verification nowadays and will tell you it's all about compliance or that it's too avoid cheaters. The fact is that they are the one cheating bounty hunters. They just want to attract as many hunters at the beginning that's why they never mention KYC but they never planned on paying everyone who worked.

2. Bounties are still Profitable
Maybe 1 out of 100 bounties are profitable.
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February 15, 2020, 01:29:22 PM
 #10

I wonder how many bounties have you joined so far with your rank and your activity. You made your point, however, the ICO hype is gone and the success rate of ICO nowadays are too low since only a few investors trust ICO. There are still good projects out there, but as a bounty hunter we must also do our art to do research before joining.

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February 15, 2020, 01:36:47 PM
 #11

To all newbies or new comers, here are few advice for you guys if you want to start promoting bounties

1. Many bounties won't pay
Its a real fact that some might not want to accept for one reason or the other, new projects aren't that attractive to investors anymore so be ready for the worst.

2. Bounties are still Profitable
Ignore whatever bounty hunters are saying, yes many projects aren't paying but still some are paying, experience of a bounty hunter is different from one another, some bounty hunters still find it hard to learn from their mistakes


Remember that even good projects that looks promising can still fail but here is what I want you to hold on to, a single bounty project can cover for all your losses, what I meant is 1 project can give you biggest profits even when you've promoted 10 projects that gives nothing, this is why its called BOUNTY.

I agree that bounty is still profitable but it has become a hit or miss, it's like a box of chocolate you never know what you are going to get but you must accept the fact that bounty is not always that profitable, this is to save you all the depression of working for months without getting anything.

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February 15, 2020, 01:41:56 PM
 #12

I think that only a small percent of all the bounties are worth it.
Some would still pay but the bounty hunter's problem doesn't stop there,
They would still have to wait till the crypto gets a demand or be listed on exchange.
Most of the time they would only get the token but it would be worthless.

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February 15, 2020, 01:43:43 PM
 #13

I wonder how many bounties have you joined so far with your rank and your activity. You made your point, however, the ICO hype is gone and the success rate of ICO nowadays are too low since only a few investors trust ICO. There are still good projects out there, but as a bounty hunter we must also do our art to do research before joining.
ICO days were a big opportunity in bounties, now the paying bounties are those who offer weekly payments. Those who are in crowdsourcing base is a 50/50 chances whether they will really pay or not. Better choose campaign that really allocates budget in bounty than wait too long on projects that keeps extending, however it will always depend on what project it is.

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February 15, 2020, 01:51:02 PM
 #14

(.....)

Remember that even good projects that looks promising can still fail but here is what I want you to hold on to, a single bounty project can cover for all your losses, what I meant is 1 project can give you biggest profits even when you've promoted 10 projects that gives nothing, this is why its called BOUNTY.
Precisely! You should really take a risk joining on those such fake bounties to find one-time bigtime profits for such a bounty campaign.
But I think, after the bull run of 2017 - 2018 bounty campaigns started to lay down especially on the bear market because for sure, most of the bounty campaigns before are turned into ghost or scam.





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February 15, 2020, 01:59:36 PM
 #15

First thing you said that bounties are not paying and then you stated that it is profitable. Then, how did you conclude that bounties are profitable if they're not paying you. Actually, I already tried joining in bounty and I guess it's not enough to fulfill all my effort and time that I spent in bounty campaign and the token that I have earn from bounty are still in my wallet and I don't know if I'm going to sell it out. Then, based on what I see right now, most of the bounty campaign seems like some of them are worthless or they can't even reach their softcap on their ICO or IEO. Even most of the bounty hunters face different scam projects they still intend to join because they know there will be a new project that they will bring more income to them. Lastly for me, it's more profitable in the signature campaign that pay you in bitcoin than spending your time in bounty campaign which there's no assurance that you will earn.
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February 15, 2020, 02:00:34 PM
 #16

Remember that even good projects that looks promising can still fail but here is what I want you to hold on to, a single bounty project can cover for all your losses, what I meant is 1 project can give you biggest profits even when you've promoted 10 projects that gives nothing, this is why its called BOUNTY.
So rather than maybe try to build an account on the forum and try participating in Btc bounties, or get something like a job in real life that you'll be rest assured you will get paid as at when due, you expect a user to keep trying bounties in the hope that someday one will pay them, that's a limited mindset imo, users should know they can do better than that. Even if you get paid, those tokens go to zero in no time.

And FYI, if you just keep trying out bounties alone, envisioning the forum as an "ATM machine" to make money, you will never have a decent account nor will you grow in rank.

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February 15, 2020, 02:01:23 PM
 #17

To all newbies or new comers, here are few advice for you guys if you want to start promoting bounties

1. Many bounties won't pay
Its a real fact that some might not want to accept for one reason or the other, new projects aren't that attractive to investors anymore so be ready for the worst.

2. Bounties are still Profitable
Ignore whatever bounty hunters are saying, yes many projects aren't paying but still some are paying, experience of a bounty hunter is different from one another, some bounty hunters still find it hard to learn from their mistakes


Remember that even good projects that looks promising can still fail but here is what I want you to hold on to, a single bounty project can cover for all your losses, what I meant is 1 project can give you biggest profits even when you've promoted 10 projects that gives nothing, this is why its called BOUNTY.
It only means that bounty campaigns are like try and error because even if we will research about the project before we joined their bounty campaigns, it will still not guarantee us that we can fully avoid shit and scam projects.

If we are patience and we put effort in bounty campaigns then time will surely come that we can hit the jackpot bounty where we can earn a decent amount of money. Just don't give up in bounty campaigns even if you fail many times.

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February 15, 2020, 02:01:38 PM
 #18

We can say that bounty campaigns are profitable because still you are able to earn more than nothing. But we can´t say that they are profitable in compare with last 2-3 years.  Cry

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February 15, 2020, 02:09:20 PM
 #19

Grin I'm used to not getting paid from bounties because the projects you have high hopes on can easily failed you and the ones you least expected will pay good rewards to hunters, bounties is gambling now so I don't trust any new bounty project until they pay, I always like taking the risks and most times I'm glad I did
If you follow this rules, then you will be earning good rewards from bounty surely! I can't disagree with what you said! A good bounty doesn't pay good rewards most of the time! I never thought Airwallet can pay that high reward like 1500-2000$ and my expectation on Ferrum was failed, earned only 36$! where Ferrum was a great project and I had no expectation in Airwallet! If you are able to take the pain and risk to do all bounties, then congrats your portfolio will be positive for always! When you become very choosy in bounties then your earning will not be enough good!

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February 15, 2020, 02:20:31 PM
 #20

Do not expect too much.
That is my motto when joining bounties.
I have seen a lot of people that had been mad in this community and I don't think that should be done.
First of all, you should do your own research.
If not, then the failure of getting paid is getting higher. Pick the right one.
With that, you are getting a higher percentage that you will profit from all your efforts of whatever bounty you joined in.
Better, you will receive a good number. Like thousands of dollars.

Thank you, Yolodice for the great 4 years.
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