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Author Topic: Trading or Bounty Which is profitable??  (Read 102 times)
niisarearning
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May 02, 2021, 03:59:36 PM
 #1

I started Bitcointalk on april 2017 i was part of bounty campaign earn decent amount of money . Even some got scammed , Some coins went to 0 by holding .Some given decent revenue . Now this recent pump some of the holding like Ethlend ( AAVE) , Utrust  also i have traded some coins in Uniswap got decent reward from uniswap . Based on thaat i got capital to trade . Now i am no more partcipating bounties .
My Question is here Still bounties are paying .
otherwise as early adopters of New project in 2017 also had great experience in crypto currency market and Hodling strategy .
Trading based on trend like example whne Defi Hypes pick Defi coins , When NFT hypes pick NFt coins etc etc

Which one my dearest community suggest . Still can we able to make money from bounty or it is better to stick on trading .
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May 02, 2021, 04:08:17 PM
 #2

Well, trading is certainly profitable if you acquired the skills required to do it so. That includes a strategy that gives you an edge over the market, risk management and controlling your emotions.

Regarding bounty campaigns you can still find ones that bring you a profit, but the question that pertains is: "Is it worth your time?"
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May 02, 2021, 04:11:39 PM
 #3

hich one my dearest community suggest . Still can we able to make money from bounty or it is better to stick on trading .


Both are sources of income that have made a difference since the beginning of my career. and in essence, the bounty remains the center to be traded. from the proceeds of the bounty will be traded. all convergent points exist in trading. You already understand what I mean here. bounty as an alternative to additional costs to increase the value of your portfolio.

because if you only focus on trading then you have to prepare capital first. while coupled with the bounty, there will be additional costs without having to take capital from your personal allowances.

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May 02, 2021, 04:15:00 PM
 #4

Bounty is more profitable if we consider risk involve in both method. In Bounty hunting, only time lose you whenever the bounty campaign you join was scam or didn't pay while on the other hand, Trading has a risk of losing your as well as losing your time when you lose during a trade. Both method is profitable and measuring the profitability is a case to case basis.

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May 02, 2021, 04:15:33 PM
 #5

If you're going to force me to choose between both, I'd just attempt to get good at trading. With bounties (outside of signature campaigns), you're just going to get useless tokens most of the time. But with trading, you can definitely make good money if you actually get good; but that's a huge if. The bad thing about trading though, is that you could simply end up with actually less money than when you started.

For me, I'd do something else besides both. Quick reminder that you can also make money outside of the cryptocurrency space. Tongue

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May 02, 2021, 04:24:51 PM
 #6

If you're going to force me to choose between both, I'd just attempt to get good at trading. With bounties (outside of signature campaigns), you're just going to get useless tokens most of the time. But with trading, you can definitely make good money if you actually get good; but that's a huge if. The bad thing about trading though, is that you could simply end up with actually less money than when you started.

For me, I'd do something else besides both. Quick reminder that you can also make money outside of the cryptocurrency space. Tongue
Yes I do that also i involved with all the possible money earning business and jobs . But i am wondering still the golden era of Bounties exists in bitcointalk like late 2017 and early 2018 ??  . Is somebody making profit from that . I am just curious !!!!.
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May 02, 2021, 04:37:44 PM
 #7

Crypto Trading and Bounty both are Different way for making money from Online. Trading is too profitable then Bounty but need Experience and Money for crypto trading becouse you can't make something good from Trading without any Knowledge and Money and Bounty is totally free way for Earning, just need some time for Work.                   

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May 02, 2021, 05:16:35 PM
 #8

For me bounty and trading both are risky. Because in bounty you might lose your valuable time, in trading you might lose your valuable assets. Based on the current situation, bounty almost worst, most projects just a scam. I can't see many good projects lately from where you would earn money. Sometimes gas fee would surpass the token value. So take your decision by deep research.

For the trading, just keep in mind that most new traders are at loss. If you aren't well-familiar with trading then take a breath and start learning. Trading isn't an easy way to make money, there is a potential risk of loss fund as well. Doesn't mean you can't earn but if you become more experienced then there is less chance of loss fund. So if really want to start trading then start with a small fund and learn. Then you may increase your portfolio once you gain enough knowledge.

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May 02, 2021, 05:56:03 PM
 #9

Both are profitable if you trade successfully and pick the bounty wisely.
There is also risk factor involved in trading. So you can loose your money.
On the other hand pick the best bounty also difficult.
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May 02, 2021, 06:14:04 PM
 #10

If you can make yourself well with trading, stick to trading.

But if you have a lot of free time and you can use it for bounties, it's your choice how you will spent your time and how you choose the bounties you join.

There are still bounties that pays their participants and it depends how good the management is. There are bounties that are good in distributing payments but has poor project planning.


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May 02, 2021, 06:58:31 PM
 #11

I started Bitcointalk on april 2017 i was part of bounty campaign earn decent amount of money . Even some got scammed , Some coins went to 0 by holding .Some given decent revenue . Now this recent pump some of the holding like Ethlend ( AAVE) , Utrust  also i have traded some coins in Uniswap got decent reward from uniswap . Based on thaat i got capital to trade . Now i am no more partcipating bounties .
My Question is here Still bounties are paying .
otherwise as early adopters of New project in 2017 also had great experience in crypto currency market and Hodling strategy .
Trading based on trend like example whne Defi Hypes pick Defi coins , When NFT hypes pick NFt coins etc etc

Which one my dearest community suggest . Still can we able to make money from bounty or it is better to stick on trading .
One thing requires a great skillset while the other thing requires great hard work for doing some boring work. First of all talking about Bounties. It's not 2017, it's definitely not the time where it is raining projects. So while you would do bounty for around 100 projects (I am assuming social media bounties). Then you might get that 1 good project which would help you earn some great bucks. Also, the competition now in Bounty is too high so you will have to share the rewards with a lot of people leading to lower rewards. I feel this can be pretty irritating for some people. But yes there is almost zero skill required here. You just need a good social media to account with some followers and you are good to go again.

Trading on the other hand isn't luck or just hard work. It's more like learning a skill and implementing it in real life. It's difficult and also it requires rigorous training and you might fail a lot of times before cracking the secret in trading. Many people don't have the patience to reach upto that level. But once you become a trader who knows how to make money out of the market trust me there is no looking back. You put your hands in the market and take out money. So choose between both on basis of this

Yes this is also true that trend-based bounty hunting is profitable so you can pick up bounty hunting again when you see the next trend incoming.

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May 02, 2021, 07:43:46 PM
 #12

I started Bitcointalk on april 2017 i was part of bounty campaign earn decent amount of money . Even some got scammed , Some coins went to 0 by holding .Some given decent revenue . Now this recent pump some of the holding like Ethlend ( AAVE) , Utrust  also i have traded some coins in Uniswap got decent reward from uniswap . Based on thaat i got capital to trade . Now i am no more partcipating bounties .
My Question is here Still bounties are paying .
otherwise as early adopters of New project in 2017 also had great experience in crypto currency market and Hodling strategy .
Trading based on trend like example whne Defi Hypes pick Defi coins , When NFT hypes pick NFt coins etc etc

Which one my dearest community suggest . Still can we able to make money from bounty or it is better to stick on trading .
Like in many occasions there is not a straight up answer, do you know how to trade? And if you do, the size of your capital justifies joining the activity? If the answer is yes then this is a no brainier, become a trader and never look back as the profits there will be incredible if you can keep doing this for decades, however if you cannot do it then we need to consider bounty hunting, but I will say that you will be wasting your time as most projects do not pay anymore and the few that do eventually become scams anyway.

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iamsange
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May 02, 2021, 07:49:55 PM
 #13

Bounty wouldn't interrupt you from doing trading. I think it is preferable to do both. I heard some bounty campaigns is success too and their rewards is worth for their participants. Unfortunately i am not good in trading, so i keep doing bounty campaign and airdrop only. But if you can do both, i think both can be done and wouldn't interupt each other's activity.
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May 02, 2021, 08:00:16 PM
 #14

In any case, you have to take advantage of the opportunities that exist, for example, making trades while promoting the bounty so that both of them can be run according to your own abilities.
I cannot say that the bounty does not pay all but for now there are still those who pay fairly, for example Sovryn and some others have been successful with the results received after distribution maybe that also the results can be used as capital to make your investment or trade, but it is also running a bounty if you have any free time.
So don't force joining the bounty when you are busy with some work.

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May 02, 2021, 08:04:44 PM
 #15

Bounty campaigns for me is similar to "trading" in a sense that if you want to earn more from the crypto/token you have earned you must hodl or trade it to see its price appreciate but the sad thing about this one is not all cryptocurrencies can go up in value and a lot of them can just be a pump and dump coin leaving the bounty participant almost earning nothing. There are also cases where the project itself doesn't pay the participants by the end of the campaign which will be a waste of time for you. For me if you have the capital to trade and you have an experience in trading through your earnings from the bounty campaign I would recommend you to start trading instead.

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May 02, 2021, 08:19:00 PM
 #16

I started Bitcointalk on april 2017 i was part of bounty campaign earn decent amount of money . Even some got scammed , Some coins went to 0 by holding .Some given decent revenue . Now this recent pump some of the holding like Ethlend ( AAVE) , Utrust  also i have traded some coins in Uniswap got decent reward from uniswap . Based on thaat i got capital to trade . Now i am no more partcipating bounties .
My Question is here Still bounties are paying .
otherwise as early adopters of New project in 2017 also had great experience in crypto currency market and Hodling strategy .
Trading based on trend like example whne Defi Hypes pick Defi coins , When NFT hypes pick NFt coins etc etc

Which one my dearest community suggest . Still can we able to make money from bounty or it is better to stick on trading .

If you had a good time to work for the bounty,bounty will be the correct option.Because they will pay you a payment with a good amount of tokens.And the negative in a bounty is you will get token with a period of one or two months.And if you hold it for a further one or two month will give you double the profit.In trading,you need to inverse and hold one of two months to get good profit from it.

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May 02, 2021, 08:57:13 PM
 #17

I would say during the ICO hype back in 2017, bounties could earn one a decent amount of crypto without much effort. All they had to do was to chance upon a project that would eventually have a successful ICO and good exchange listing.

Things broke loose when the bear market started in 2018 to this date, things have never been the same again. Trading on the other hand can be sustainable long term if one gets to know how to trade and keep their win rate above average.

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May 02, 2021, 09:06:41 PM
 #18

Yeah before (2017-2018), being a bounty hunter is very profitable when you know how to research a good project but right after there is a too dump in the market around 2019 all bounties become shit and they are not paying their participants.

If we compare both of them there are too many differences, bounty hunters are free to join but having a risk not to get paid while trading is also very risky because you invest your own money and capital while joining bounty is literally free, it could be your effort will be wasted if the project becomes a scam. I guess I will go in trading or I can join both if I could spend almost 24 hours a day.

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May 02, 2021, 09:27:42 PM
 #19

Well, these are not comparable --each of them has a different way of gaining profit. If you want to have a profit without spending any capital, you can join in bounty campaign but you need to spend your effort doing those tasks. In trading --it needs fund that for your to start in trading and searching which is the best investment that can able for you to trade. If you are going to ask me, I rather prefer on trading if I have enough capital but if not, joining bounty campaign is the best for you to start and have your own capital once there is a good reward.
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May 02, 2021, 09:35:53 PM
 #20


You are likely missing some points here.

In the first place, both are different therefore approach is also different even the main idea to get profits.

The trend for bounty is not a big thing now compared to around 2-3 years ago but you can still snipe a good bounty. However, will you stick to that single work to earn? Then try and learn trading at the same time. You don't need to be a professional or techy trader just to make a profit out of trading.

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