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Topic: Altcoin for signature campaign? - page 3. (Read 1522 times)

legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
November 07, 2016, 12:22:28 PM
#4
In my mind, signature campaign is an easy way to get started and earn some coins, but most campaigns are only open to high ranked users. some campaigns however, do accept newbies, like me. and i have noticed that most of those campaigns are about a new altcoin, and pays in that certain type of altcoin, which requires me to get a wallet of theirs. Any thoughts on whether its a good idea to participate in those campaigns or potential riskes?

It's a good idea to joined if you really want to joined. But your main point here is to learn since at your rank you can only get a cheap reward. But that cheap reward can turned into a decent one if ever those alts will bloom in terms of price.

As far as you know how altcoin life works, you can literally noticed if the coin will become a success even for a pump and dump scenario. About the own wallet of theirs, well sometimes it's really needed and you have to deal with it since it's part of the rules.
legendary
Activity: 2450
Merit: 1047
November 07, 2016, 11:27:18 AM
#3
In my mind, signature campaign is an easy way to get started and earn some coins, but most campaigns are only open to high ranked users. some campaigns however, do accept newbies, like me. and i have noticed that most of those campaigns are about a new altcoin, and pays in that certain type of altcoin, which requires me to get a wallet of theirs. Any thoughts on whether its a good idea to participate in those campaigns or potential riskes?

As newbie your only choose is altcoins,because majority of altcoins also include newbies.
and about being profitable,we cannot tell if the coin will hit big in the market or not
Just pick the best coin that you think worth your time and effort.
hero member
Activity: 896
Merit: 1006
November 07, 2016, 09:47:51 AM
#2
In my mind, signature campaign is an easy way to get started and earn some coins, but most campaigns are only open to high ranked users. some campaigns however, do accept newbies, like me. and i have noticed that most of those campaigns are about a new altcoin, and pays in that certain type of altcoin, which requires me to get a wallet of theirs. Any thoughts on whether its a good idea to participate in those campaigns or potential riskes?

You might earn some pocket change by participating in an altcoin sigcampaign as a newbie member... The risks are:
1) the altcoin you receive turns out to be worthless
2) the OP doesn't pay up
3) the altcoin ends up to be a scamcoin

But... If the altcoin turns out to be a success, you might earn a couple satoshi's worth of altcoin, which can be exchanged for BTC or you can hodl it in the hope the price rises even further...

It's basically a gamble... If you do your homework right it might be an educated guess instead of a pure gamble... In the end there is a 99.9% probability you made less money by participating in the campaign than you would have made working at Mcdonalds... Sad but true...

If you are posting for fun instead of profit, i'd say there is little or no harm in trying.
newbie
Activity: 37
Merit: 0
November 07, 2016, 09:44:19 AM
#1
In my mind, signature campaign is an easy way to get started and earn some coins, but most campaigns are only open to high ranked users. some campaigns however, do accept newbies, like me. and i have noticed that most of those campaigns are about a new altcoin, and pays in that certain type of altcoin, which requires me to get a wallet of theirs. Any thoughts on whether its a good idea to participate in those campaigns or potential riskes?
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