See why most bounty hunters get scammed

[Atang Sulaeman]

not doing research on every bounty is the first thing to do and usually see big prizes that make immediately follow without knowing whether the team is trusted or fake, and that's where many bounty hunters are deceived and greedy.

[efreeti]

It is difficult to find honest and worthy bounty campaigns. The best that can happen if a trustworthy bounty manager holds the tokens for distribution in custody. That way the hunters can be sure to receive the tokens according to the rules that were valid when they applied for the campaign.

Yes, but there are not many managers who can be trusted either, so the campaign participants also have to filter and select them first because managers are also human beings who sometimes greediness can also arise at certain times.

I exactly know what you mean. You can't even tell if they are part of the scam. I checked many campaigns and the best are those that pay reliably on a weekly basis. It is not so easy to find such campaigns before they are already closed for new participants.

because sometimes the campaign you mean only has a small number of participants. such a project is definitely profitable and we can sell it.
as I followed, even though the price is cheap but I can get something for sure by following the signature campaign.
Currently, many of the bounty hunters only focus on their favorite bounty manager. don't see how the project will be developed.

It can also mean that others know more than you do or that it is blatantly obvious that this project is a scam. A low number of participants is more often than not an indicator for a bad project in these days. There are so many hunters that it is unlikely a project goes widely undetected for a while. Just doesn't happen anymore.

A few years ago it happened more often because relatively there were less hunters per project than there are today even if there might be more projects today. The number of hunters increased manyfold.

[jacafbiz]

There are ways bounty hunters can protect themselves, if you believe Time is money, then invest your time wisely

1. Only join campaigns from reputable managers this is very important, most of these unknown manager lacks experience to get your money for you and also how to vet developers

2. Look for projects that the tokens are escrowed, though this is not common

3. Join campaigns you can invest your money into, this is very important, where you money is, that is where your heart will also be

4. Help call out bad campaign managers, some managers have history of not paying their hunters call them out, give them red trust and soil their reputation

[judaspriest]

not doing research on every bounty is the first thing to do and usually see big prizes that make immediately follow without knowing whether the team is trusted or fake, and that's where many bounty hunters are deceived and greedy.

There is also some truth in what you say and indeed we must learn from experience in order to avoid a scam project,
most bounty hunters, if they see big prizes, will be interested in joining of course,
so just be careful and don't be easily tempted by things like that

[Viscore]

Most of the bounty hunters do not care if they will get scammed, they won't just join one bounty and they have already foreseen that some bounty they get scammed, some they will make money, it's alright for them. However, it's not good as they are like supporting a scam if they are promoting a bounty that is making too good to be true offers, bounty hunters might not lose a lot but investors will lose a lot of money because they promoted it.

Bounty hunters have to know their responsibility in the community.

[infer]

Bounty Hunters Don't Read

This thread Explains it

However, won't be surprised to see another application below   lol

They refuse to read the thread very well and understand the rules

They are very much in a haste to earn and that is why they earn up being scammed.

They sheepishly follow existing application

They refuse to doubt when it sounds too good to be true

***** Just imagine application kept coming in, in an April Fool's Thread.
Are these applications from bots...

Maybe it's because they lack knowledge. It's either professional, but sometimes it's tricked.
The reason is not reading carefully, not understanding the principles. Or it's the people who set up ghost projects. You can't blame the bounies hunter.
It is important to learn the principles of the campaign, avoid fraudulent projects...

[BitTraderCute]

Most of bounty hunters does not know what they work for. They event does not understand the project. Thats why they got scamed. The best part is " they does not read the rules then complained about what bounty manager gives". Try to ask one of them about what they put on their signature or their twitter, you will be amazed with the answear.

i dont think so , bounty hunter now very aware while working any task from manager. they have bad experienced in previous bounty which is miss weekly stake due unread all rules in thread. for someone got scammed , in my opinion they work on all campaign without any filtering which is good campaign or not so possibility become bigger

[daenarys_stormborn]

In my opinion, this is very much the case for beginner bounty hunters, because indeed I myself experienced this in my early days as a bounty hunter, but for now, I think senior bounty hunters have learned quite a lot from their experiences and mistakes, so the problem of this scam can be avoided

[haleema]

Bounty Hunters Don't Read

This thread Explains it

However, won't be surprised to see another application below   lol

They refuse to read the thread very well and understand the rules

They are very much in a haste to earn and that is why they earn up being scammed.

They sheepishly follow existing application

They refuse to doubt when it sounds too good to be true

***** Just imagine application kept coming in, in an April Fool's Thread.
Are these applications from bots...

I agreed, it is much case in beginning, however if the bounty hunter read the threads carefully and most important who will post in thread.
I have some of bounties there is not any updates.

Scam Project.
https://bitcointalk.org/index.php?topic=5317356.0
https://bitcointalk.org/index.php?topic=5322052.0

[blue_nexus15]

I think some of the bounty participants have never done their own DYOR, they follow the community's call, they don't care how the project is implemented? What is the shape of the website? Can smart contract be verified or not? Unfortunately, they may not have the knowledge to test them. If we try to break the bridge from phishing projects, they benefit from their time working.

[btc78]

Bounty Hunters Don't Read

This thread Explains it

However, won't be surprised to see another application below   lol

They refuse to read the thread very well and understand the rules

They don't even bother to check who's behind the project and don't even know the credibility of bountymanager.

They are very much in a haste to earn and that is why they earn up being scammed.

This is indeed because more of them are just Alt account that spamming the forum sometimes using bot.

They sheepishly follow existing application

even if a legit scam cares nothing but just applying again and again.

They refuse to doubt when it sounds too good to be true

***** Just imagine application kept coming in, in an April Fool's Thread.
Are these applications from bots...

Instead they become blinded by the promises and cares none for their effort of become scam.

[cute nmp]

Most bounty do not care to read through before participating in any type of project .They are mostly in a rush to participate without caring much wheather it is a scam or not .At the end most hunters are not paid for their work or lose their money if they have already invested in those scams projects.

[efreeti]

There are ways bounty hunters can protect themselves, if you believe Time is money, then invest your time wisely

1. Only join campaigns from reputable managers this is very important, most of these unknown manager lacks experience to get your money for you and also how to vet developers

2. Look for projects that the tokens are escrowed, though this is not common

3. Join campaigns you can invest your money into, this is very important, where you money is, that is where your heart will also be

4. Help call out bad campaign managers, some managers have history of not paying their hunters call them out, give them red trust and soil their reputation

It is not that easy to protect yourself. The teams are clever and can change rules later. I like it when they announce the rules and everybody sticks to it. That is important for the integrity of the industry. Sometimes they just change the rules in the middle of the campaign and you are disappointed then. Why would they do that? Only in their own favor which is a wrong thing to do.

[Rabi3]

Bounty Hunters Don't Read

This thread Explains it

However, won't be surprised to see another application below   lol

They refuse to read the thread very well and understand the rules

They are very much in a haste to earn and that is why they earn up being scammed.

They sheepishly follow existing application

They refuse to doubt when it sounds too good to be true

***** Just imagine application kept coming in, in an April Fool's Thread.
Are these applications from bots...

it could be from bots, but i don't think so, most of them just apply to any bounty from any project they can apply for, and that april fools joke revealed a lot, they have no right to complain about getting scammed, because they deserve it.

[cryptolord2077]

~

Participation in a scam project will not affect bounty hunters too much, because in this case they will only lose some of their time and receive less than the promised profit, that is, they will not incur direct losses. However, investors will incur significant losses because they will invest their own money in the project. Therefore, it is imperative that bounty hunters are smart and perspicacious enough to conduct their own research and expose the scam in all possible projects that they will come across on their way.

[ogundowotoby01]

I believe the mistake most bounty hunters make is the failure to do research about a project. Most bounty hunters have favorite bounty mangers, so they just blindly trust this managers and participate in any project they release without doing research about the project.

[tanjiran]

~

Participation in a scam project will not affect bounty hunters too much, because in this case they will only lose some of their time and receive less than the promised profit, that is, they will not incur direct losses. However, investors will incur significant losses because they will invest their own money in the project. Therefore, it is imperative that bounty hunters are smart and perspicacious enough to conduct their own research and expose the scam in all possible projects that they will come across on their way.

there is a point. Because of this very minimal risk of work, bounty hunters often join a project without doing in-depth analysis, for example, just because the project is handled by their favorite BM, or because the rewards promised are quite a lot, etc. especially now that there are so many projects that are not taken into account but can provide big profits, so that all projects are followed. As a bounty hunter, as long as you understand the risks that will be accepted, you will be able to accept whatever the results are gracefully and wisely in choosing the project to be followed.

[Natalim]

~

Participation in a scam project will not affect bounty hunters too much, because in this case they will only lose some of their time and receive less than the promised profit, that is, they will not incur direct losses. However, investors will incur significant losses because they will invest their own money in the project. Therefore, it is imperative that bounty hunters are smart and perspicacious enough to conduct their own research and expose the scam in all possible projects that they will come across on their way.

Obviously, that's what we should do, joining blindly is a big mistake as we are promoting scams in the crypto space which will ruin the reputation of the crypto space. it's hard to find good projects nowadays and we can't assure that we will support a legit project as we don't know their plans, but at least if we do our research, we will be able to minimize the risk of supporting a scam project and we will be paid with our effort with coins that have future potential.

[Galley]

People are still becoming adults, but they still continue to believe in fairy tales. Miracles do not happen, and you have to pay for everything. And many want everything and a lot at once. And swindlers successfully use human weaknesses. It is necessary to study everything carefully, but not everyone does it.

[EmmaGod]

Bounty Hunters Don't Read

This thread Explains it

However, won't be surprised to see another application below   lol

They refuse to read the thread very well and understand the rules

They are very much in a haste to earn and that is why they earn up being scammed.

They sheepishly follow existing application

They refuse to doubt when it sounds too good to be true

***** Just imagine application kept coming in, in an April Fool's Thread.
Are these applications from bots...

I believe the bounty hunters applying must have done that without visiting the links of the social media handles. Most persons who came across the bounty would love to enter ASAP because the reward seems too great, so clicking on the link would be left for subsequent time.