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Author Topic: Do your own research before opting-in  (Read 409 times)
GreatArkansas
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October 31, 2020, 10:06:42 PM
 #21

If you clearly analyze a bounty, do proper research, yes it may help you from wasting your time joining and participating in such bounty campaigns.
There are also some bounty campaigns that do not scam for their bounties just like, yes they are giving rewards for participants and it is ontime and exact upon the rates. But what becomes SCAM in some ways, is the project itself, like the value of their project, started to dump and dump and the value of your bounty tokens become worthless. This is the worst part of being a bounty hunter.

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mace15
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October 31, 2020, 10:47:08 PM
 #22

This is true a lot of defi bounty project right now and it is very important to do an analysis and proper research before joining in. We have experience to get scam, and to get nothing in return that our effort of joining a bounty was useless. We must do our part to be responsible because in the end we will be the one will suffer so never again to experience of scam bounties.
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October 31, 2020, 11:04:04 PM
 #23

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.
Your effort will pay what you have done, if you just following other people suggestion or even you just pick one project but you don't make an analsyt against it then tge reward that you get will be equal as you did.

But, when you have done many things and you know the ins and out of the project that you will be promoted then a chance to gain profit as you want will be widely open. A good project will back to the its all time high although the price facing a dumped before.

I've invested a DeFi project and buying it when the presale start, I believe to the project will have a high price in the future because its system will be choosen by most crypto user so I decided to hold it although it was dumped. And now, its price trying to recover step by step.
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October 31, 2020, 11:04:12 PM
 #24

Do you own research, i don't know about this it's really working or not, yes it's work but not all aspects, sometimes we think the project will succeed but becomes fail, sometimes we think the project potential for the long term but the coin dumped until worthless, so many unpredicted move especially in bounties, so my opinion bounty hunter 60%luck 40%Dyor

Little advice to focus find bounty with top coin reward, this is will give more guarantee

so never again to experience of scam bounties.
We want it, but it's impossible

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October 31, 2020, 11:08:42 PM
 #25

Do you own research, i don't know about this it's really working or not, yes it's work but not all aspects, sometimes we think the project will succeed but becomes fail, sometimes we think the project potential for the long term but the coin dumped until worthless, so many unpredicted move especially in bounties, so my opinion bounty hunter 60%luck 40%Dyor

Little advice to focus find bounty with top coin reward, this is will give more guarantee

so never again to experience of scam bounties.
We want it, but it's impossible

Look for projects that have strong foundation like the team and if possible, working platform. Also, check the credibility of the BM also. Is he the kind of BM that accepts any kind of project or he has the reputation that only accepts legit and good ones? But of course, it doesn't rely entirely with the BM, because you need to check the project's development on your own and assess if it has the capability to implement their objectives.
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October 31, 2020, 11:12:55 PM
 #26

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.
Never promote that have anonymous developers and team members, when the ICO projects started everyone was adamant about having their privacy even though they were collecting millions of dollars and then we saw a huge percentage of scammers followed the route and billions are lost and that is happening in DeFi.
bitcoin31
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October 31, 2020, 11:54:38 PM
 #27

We already know that, but thenks for the remind and many thread like this who gives awareness to the bounty hunters do not join bounty campaign without knowing the real purpose of the project, mostly also bounty hunters once they see a hugh reward they grab it even it obviously is scam maybe they taking risk because if that is legit in the end they get high profit.
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November 01, 2020, 02:31:27 AM
 #28

Too many scam projects about DeFi, it should be a lesson not to easily get caught up in DeFi projects,
some analysis to avoid a scam project including looking at the profile and background of the team, try to look for details and make sure directly whether the profile is real or not, because now there are many fraudulent LinkedIn accounts that use other people's identities.
sakuragi21
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November 01, 2020, 05:22:44 AM
 #29

This made sense for everyone, we really need to be careful and be more wiser taking a good analization before getting in into some projects because most of it is just a so called scam projects. But we also need to consider that there are also projects that can give us a good potential source of investement one of these is the yB token.
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November 01, 2020, 06:05:21 AM
 #30

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.
Thats crypto and basically any investment 101 - don't believe any resource, but raw data.

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b1boy
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November 01, 2020, 06:16:04 AM
 #31

I totally agree with you and on this and i still dont get how people dont know the fact that they have to do enough research before investing in a project..... no matter how obvious it is that a bounty is scam project some people would still love to waste their time doing it and henceforth bringing more people to be scammed and most if of the Defi ones are bringing in the new waves of scam bounties
jolle123
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November 01, 2020, 07:19:25 AM
 #32

Fully agree with this. Putting effort to do a research is a must it will save you and eventually take you away from falling into fraudulent projects. Because nowadays a lot of scam project are booming from the market but also there's also a good and reliable one and this is the yB token that will give you the best reward/investment.
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November 01, 2020, 07:31:56 AM
 #33

We should stop looking at whitepapers and roadmaps from new projects, this can easily be put together, we should focus more on the team and the project utilities, this two are more important than whitepaper, gone are those days where you can judge a project by it's whitepaper and roadmap

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November 01, 2020, 08:22:03 AM
 #34

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.
It is right if you always research first for the new project to find if that project is worth to invest because if you don't research, you will end up getting scam of that project.
Many new projects out there, but only a few of the projects that can succeed at the end of the campaign, and I am sure you don't want to get scammed by them.
If you can not get more information about the project, you don't have to force yourself to invest in that project because you will lose your money in the wrong project.
It is better to search for another project which can have the potential to succeed in the future.
If you invest in one project and the price does not increase, you need to be patient because not many projects can lift the price quickly. Maybe you need to watch the token to know where the market is and sell the token when the price increases.

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November 01, 2020, 09:18:56 AM
 #35

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.
Yes we should do a proper analysis on them do some research instead of wasting weeks on promoting them without even looking at their information.
It is better to do your research first before spending time and energy on them for weeks or even months.
But no matter how many times we say it or advice it to the bounty hunters most of them are too lazy to do it and let the projects scam them.

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November 01, 2020, 09:40:27 AM
 #36

Bounty project these days are disgusting the majority of them are scammers where many of the investors and bounty hunters are not being paid, well while researching try to get more and more information about the project like checking their white paper, go to their website and check their promises normally I avoid projects that rely on hype and big promises. So be careful before investing in a bounty project.










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November 01, 2020, 10:43:58 AM
 #37

If it's a must to promote a bounty project make sure the team aren't anonymous like many others, there are many scam projects with anonymous teams presently in bounties section on btt forum, also make sure you check out the bounty manager, reputable bounty managers are very important

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November 01, 2020, 09:03:35 PM
 #38

Why do people keep complaining about how most bounties are a scam and yet when I look at the bounty pages of this forum I see 20+ pages of people who applied to each and everyone of them? I would totally understand if people were talking about how it is risky or anything as well but they are just applying there.

I mean how could we talk about so many scam bounty campaigns and there is like 10 topics everyday about how bounty management must be escrowed and so forth while also still having 20+ pages of applicants for each bounty?

This is why I do not think anything will change in the crypto bounty market, projects could scam everyone and the next time it happens there will still be people applying, I can start a project and scam bounty hunters by not paying them and restart it a week later and still find bounty hunters. Until we stop applying to the ones that provide no guarantee, we will always be scammed.
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November 01, 2020, 09:12:31 PM
 #39

If it's a must to promote a bounty project make sure the team aren't anonymous like many others, there are many scam projects with anonymous teams presently in bounties section on btt forum, also make sure you check out the bounty manager, reputable bounty managers are very important

Bounty managers reputation is one of the factors when picking your bounty hunting, well known manager do also their research regarding to the team

that they'll be working with, they won't forsake their reputations just for some penny, looking to this factor will bring a good idea which project to support

plus doing your deeper research pays well to find what project to work with and support.
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November 01, 2020, 09:31:06 PM
 #40

No doubt about this, everything your saying is true, I think it advisable to always do a research about any bounty campaign before joining, but sadly many bounty hunters don't do this, they just go in blindly cus the bounty campaign seems real and they hope to get a reward at the end, some even if the bounty manager is a newbie and is being flagged for one thing or the other they don't care, they just go on to participate and help promote the scam project without getting paid at the end,so its best we do a research before participating in any bounties cus alot of them are scam and won't pay at the end.

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