Bounty Vs Trading - page 60. | Bitcointalksearch.org

Ailmand

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Quote from: Gab20 on April 20, 2019, 03:41:17 PM

2019 has been a year with mixed feelings for crypto enthusiasts. A lot of bounty hunters have now switched over to trading, because bounty is longer profitable.
Some that have combined the two (both bounty and trading), while larger percentage are still into bounty, despite not being profitable.
I envisage that in two to three years to this time, the population of people on bounty will reduce drastically, because it will no longer be profitable as it used to be.

I do agree with that, there could still be some bounties that can be profitable, however to be able to sustain your income, trading is more commendable since fewer ICOs succeed bounty hunting became boring and just a waste of time for some bounty hunters.

sergiokkl

member

Activity: 258

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I already prove to myself that bounty will not come to and end. Seeing the current situation of crypto why there are still projects use to run a bounty program. So meaning this has a big contribution to their token sale, so the best pick will be a bounty hunter and a traders. While doing a trade why dont you participate on legitimate project.

cassavachips

sr. member

Activity: 994

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The bounty is no longer profitable because the bearish market that causes many ICOs to fail, when there is a successful ICO the price when listed in the market will be lower than the ICO price so it is worthless. Better to get bounty with payment with BTC it will be worth

madrogue

member

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There are same as to make profit to do, but bounty is free than trading.
To do a Bounty, you only do that task and earn reward about that task. Trading need money to do that.
About profit, you only need knowledge for Bounty and Trading. If you choose scam Bounty, you will not get rewards.
If you fail in trading too, you will loss your assets.

KrakenZ

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Quote from: Gab20 on April 20, 2019, 03:41:17 PM

2019 has been a year with mixed feelings for crypto enthusiasts. A lot of bounty hunters have now switched over to trading, because bounty is longer profitable.
Some that have combined the two (both bounty and trading), while larger percentage are still into bounty, despite not being profitable.
I envisage that in two to three years to this time, the population of people on bounty will reduce drastically, because it will no longer be profitable as it used to be.

Seeing this condition of the crypto currency that has not been stable, I prefer trading rather than bounty. In my opinion, trading is more profitable than a bounty campaign if we have a smart strategy. The bounty campaign is now increasingly lonely because public confidence in the ICO has diminished. ICO really ended the extinction if it did not immediately improve itself. This is due to the many ICO frauds. ICO frauds that lead to loss of trust from the public. Therefore, the bounty campaign is now unprofitable and is increasingly losing passion.

adel hmdt

hero member

Activity: 557

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it's getting worst time after time, i personnaly trading right now, espicially after a huge disappointment from a bounty that i was positively expecting to get 1000$ or more, but at the end it was a disaster, i got 15$, and it was the only promising bounty at that time, trading is working out for me right now, lets hope that bounties in the near future would be good again.

fuer44

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I prefer bounty because there is no risk of loss, just losing time when we start participating in the bounty and for a long time waiting for distribution and launch of tokens to the market exchange.

asbak66

copper member

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I'm agree with you, nowadays bounty is sounds like not worthed anymore cause many reason. The main reason is too many participants and cheater who join the project.
So many hunter dump the token when it list on the first day, makes the project dead and worthless
But trading isn't easy too, cause you must know the analysis to decide which token you gonna buy and when you gonna sell later, and you must have good fund management

minersday

hero member

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Well, you can't conclude that bounty campaign is no longer profitable. Although there are a lot of bounty campaigns that do not pay bounty hunters doesn't mean there are no good bounties on this forum. You just have to do your research about bounty projects well before joining them. That will help you not to waste your time participating in them without getting any rewards. 2019 is currently a good year for people who prefer trading in cryptocurrencies. Some altcoins like Ethereum and BNB have had a good level of increase in its market value within the first quarter of 2019. In as much that the trading ecosystem is looking somehow good, when you invest in any coin with the mind that the increase in the market price of Bitcoin might influence that coin and increase its market value, you might not get luck and lose your invest income. I believe Both bounty and trading are at the same level in terms of their profitability and chances of not getting anything after a long investment.

kvipcn

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Merit: 12

Looking at the nature of the crypto space, trading is the currently the most profitable venture in the crypto space in 2019. About 20% of people who use to participate in Bounty campaigns are now trading in either Bitcoin or Ethereum due to the unproductive nature of joining bounty campaigns. Me for instance, I'm 70% into crypto trading and 30% into bounty campaigning. Trading is the new deal in the crypto space.

Vispilio

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In fact what's happening now is the opposite of your assumption. Bounties became less profitable partly because a gigantic number of

people from third world countries joined in. 5-10 USD might mean nothing to you, but to a lot of people in underdeveloped nations,

doing a few bounties per month can put them above their average GDP / capita...

janggernaut

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Quote from: coinbirds on April 20, 2019, 06:39:53 PM

Smart hunters were always doing trading as well.
That way you can increase your number of your bounty tokens, and take some profit as well.
You can boost your bounty earnings by trading instead of dumping your coins for pennies.

I do believe there is no smart hunters nowdays. There are only lucky trader who trade their bounty or their own token/coin and make profit from them. Back then in 2017, there are a lot of people who become bounty hunters because of bitcoin price suddenly go crazy and lot of them profited from the bounty they have joined. Now, as you can see on here (this forum), people already lost their interest to join in any bounty (especially ICOs) because 90% of them are worthless/scam project

tenakha

hero member

Activity: 1470

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Altcoin payer bounties are now worthless. Newly created ICOs become much more worthless and this also affects bounty.
Better is BTC payer bounties. No big changes in quantity and less risky.

Cuk0ng_bitc0in

member

Activity: 188

Merit: 17

bounty, investment and trading is my world, but now I focus more on trading and long-term investment, today's bounty is very bad and unprofitable. many failed projects that have no value on the market. some projects even choose to postpone the project until the market condition normal again.

arufox

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Quote from: coinbirds on April 20, 2019, 06:39:53 PM

Smart hunters were always doing trading as well.
That way you can increase your number of your bounty tokens, and take some profit as well.
You can boost your bounty earnings by trading instead of dumping your coins for pennies.

Yes but i think not all hunters can trading, so if they joins in trading only take loss, also many bounty hunter loss their token after they sell it, because they sell now then want to buy it again in low price but sadly the price keep pump so he loss all the tokens, so maybe the best way is half for trading half for hold

coinbirds

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Smart hunters were always doing trading as well.
That way you can increase your number of your bounty tokens, and take some profit as well.
You can boost your bounty earnings by trading instead of dumping your coins for pennies.

StreakW

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Quote from: Gab20 on April 20, 2019, 03:41:17 PM

2019 has been a year with mixed feelings for crypto enthusiasts. A lot of bounty hunters have now switched over to trading, because bounty is longer profitable.
Some that have combined the two (both bounty and trading), while larger percentage are still into bounty, despite not being profitable.
I envisage that in two to three years to this time, the population of people on bounty will reduce drastically, because it will no longer be profitable as it used to be.

While larger percentage are still into bounty, where did you find data about this?? No trading is still no1, maybe only about 10k+ people who join in bounty but if trading so many people, can be up to 1Million, 10Million or maybe more. But in this situation, i think be holder is solution

Rune

legendary

Activity: 1229

Merit: 1001

A bounty does not take up all your time they just take forever to pay off you can do both easily buy cheap underrated gem coin do bountys on the side build some profit.
probably have to keep working your day job to sustain in this current market until things turn around.

crzy

full member

Activity: 2128

Merit: 180

Quote from: Leah38 on April 20, 2019, 04:39:19 PM

Doing both will be a good idea. Get your capital on trading from the profits of your bounty. Its much easier to gamble thinking you don't use most straight from your pocket.

I started from this one, last 2017 i work as a bounty hunter though I don’t ear much that time but i believe its enough for me to start trading until I succeed on multiplying that money. Its better if you still do both, the best year for bounty hunters will begin when the market enter into a bull run and ICO sill start a great run again so don’t lose hope.

Wale777

jr. member

Activity: 336

Merit: 1

Though bounty have not been profitable like it used to be because of the bearish market but if you want to make money you can do both bounty and trading so that any moment another bull run set in your income increase exponentially

Topic: Bounty Vs Trading - page 60. (Read 18152 times)