Topic: Bounties is not a reliable source of income - page 20. (Read 5973 times)
I joined Bounties via bitcointalk in the late 2017 and was surprised my first pay ended my with 600 USD just doing twitter campaign. But today, I can do even a whole three months campaign with signature and the payout won't even get to 100 USD even if they will get listed on an exchange. I do it now just for fun and a learning process in crypto but not for income.
Participate in the bounty campaign only when you are free and catch a good project. Because most of the current ICOs fail or prices will fall very deep compared to the ICO issue price. I participated in bounty campaigns from 2018, the amount I could earn was very little.
well you are late to join in the crypto world, 2018 was bearish market and many ICO's was failed that time, it was not profitable unlike 2017 and I agree that bounties is not good as a source of income, but good for extra income.
It's very difficult to get bounty and too big risky so when looking for a bounty that you will be sharing it just try to search it carefully before you go along because many scam bounty has spread so be careful in choosing not to waste your effort like the bounty.
Mostly yes but if you do your research better, there are always better choices. In recent days I have not met any of the better ones but there have always been bounties we knew would be better.
Yes, it will still depend on the project you're working but if you just do full time on being a bounty hunter, I think you should have more extra money to spend for because your income here is not fix and not will come to you everyday. Bounties is a good source of income, but not always if you got lucky and found a better project then you celebrate but if not better to find a decent job.
You are right that bounty is not a reliable source of income, but you can still make money in bounty companies. I learned about the banuti in August 2017 and when I understood the whole perspective, I began to study and participate in the bounty. In that period of time, all the bounty were successful and I was able to earn money in everyone, in 2018 there was a recession and a lot of scammers or unsuccessful bounties began to appear. I had to choose more carefully, but unfortunately even good selection did not mean success for all the bounty I chose. But if you look at the picture of bounty in general, then you can earn now, just not as much as before.
When there was a delay in payments, of course we as participants could do nothing but just wait. So from that it becomes too hopeless in just one bounty. Maybe we can look for income from airdrop, trade. Of course by doing everything. We will get more income because we don't just hope on one road.
Bounties can be useful as a small source of crypto income, but you should never rely on them. Bounties are for new projects, which almost invariably start with prices dropping considerably when they hit the exchanges.
I think a better approach is the long term one - only perform bounty activity for those projects that you think have a long term future, and then hold your coins for a few years as the project develops.
I think a better approach is the long term one - only perform bounty activity for those projects that you think have a long term future, and then hold your coins for a few years as the project develops.
Gone are the days when bounty hunters could earn thousands of dollars from promoting ICOs. Today even distribution of tokens is an issue and hunters are being banned from telegram groups for asking about token distribution in such groups. Those who would distribute the tokens too fail to list them. Don't join bounties expecting returns from it else you will get disappointed
First of all no one on this world (crypto world ) have said that bounties can be a reliable source of income because its simply not reliable , there is no assurance that you can get paid plus the paying time ( if ever you got paid ) is pretty long ( its 3 to 4 months or longer including the actual pay time ) to be exact . bounty should only be consider as a hobby because its still critical if you consider it as a sideline job
Being a bounty right now is not recommended because most ico project turning to scam its hard to find a gem or a legit project that have intension to create real product in other word being bounty hunter is not a kind of primary source of income its better to stay on your real job. Just make being bounty hunter as a extra income to pay your expenses.
For now the prize campaign is not profitable. The results obtained are not in accordance with the time of promoting the project. Need patience and must be careful when participating in campaigns. How many times have you taken part in a campaign in the past. If this is just your job, I can't blame your regret.
I can not agree with your experience. I believe that bounty campaigns are a very effective way to earn cryptocurrency if you can not invest money
Back in 2017 I never knew there is anything called bounties or bitcointalk forum until 2018 when I came across a PDF that says it all about how to earn coins promoting projects so since then I decide to give a try ,since 2018 now I've been promoting some projects and I've gotten paid via the project tokens but in reality I haven't been able to earn a dime ,they keep postponing when they will get listed on exchanges ,the PDF never talked about how long this always takes ,just imagine if bounty is all I got I would have starved a lot ,bounties long things and it can easily make one give up promoting them ,its always one delay after the other
Sadly, in 2017 the same activity number you have now (252) would've made you a Senior ranked member. My point being that 2017 was a better year generally for the crypto industry and those who invested, unlike now.Anyway, that aside, bounties have become somehow worthless these days because of what shitcoins the rewards later turn out to be. But sometimes one can get lucky and run into worthy rewards if one exercises patience. Yesterday, the market was agog in what looked like a pump of the BTC2 coin doing over 5,000% rise from less than $0.60 to over $36 within a few hours yesterday. It was crazy. Imagine anyone here who participated in the bounty here last year and had like 200coins. That's huge profit, isn't it?
Never depends on a single income, and being a bounty hunter is not that profitable unlike the past years. We have to look for more good sources and remember that bounties took so long before you get the value of your work. Its your choice anyway, and no one will tell you that being a bounty hunter is a profitable job so depend on it. Trading is more possible but not as a hunter.
Mostly yes but if you do your research better, there are always better choices. In recent days I have not met any of the better ones but there have always been bounties we knew would be better.
Where you got that PDF? did you bought that PDF file from someone who's been telling his audience on ways to earn money online? Bounties aren't really stable source of income, it's just an incentive offered by those projects in the forum.
Involving in bounty campaigns by leaving all your work or regular jobs will or should never be an option. We must consider the fact that we should not entirely be dependent on bounty campaigns for a living. Why? because crypto projects launching bounty campaigns cannot be trusted fully as there are some fake crypto projects placing their traps to scam investors and bounty hunters.
No one will giving suggestion to make bounty as your primary income. You can take a chance to get free coin from bounty, but dont hope to much from this jobs. I have same experience with you about postponed payment or even not paying by dev teams.
In conclusion.
Bounty can be give you lot of money if you work for good projects. But, you need primary jobs for your income. Bounty just for your side jobs. Research is important before you join a bounty projects.
DYOR
In conclusion.
Bounty can be give you lot of money if you work for good projects. But, you need primary jobs for your income. Bounty just for your side jobs. Research is important before you join a bounty projects.
DYOR
Back in 2017 I never knew there is anything called bounties or bitcointalk forum until 2018 when I came across a PDF that says it all about how to earn coins promoting projects so since then I decide to give a try ,since 2018 now I've been promoting some projects and I've gotten paid via the project tokens but in reality I haven't been able to earn a dime ,they keep postponing when they will get listed on exchanges ,the PDF never talked about how long this always takes ,just imagine if bounty is all I got I would have starved a lot ,bounties long things and it can easily make one give up promoting them ,its always one delay after the other
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