Topic: Common Mistakes of Beginners/Newbies during ICO, Airdrops and Bounty Campaigns (Read 499 times)

I am reminded by this post to be weary in those simple details of wordings.

I will edit the post and include this one.
thank you.

You should avoid spamming the forum.  It may result to your account be temporarily banned (or worse is permanently banned).

Remember every Newbie becomes Junior Member.

And I also remember my first experience as the bounty hunter. It's was full of mistakes and emotions - negative and positive)!

But only one thing made me happy - when I had received my first income. Really in the current situation, almost every bounty campaign brings only tokens, but not the profit. It's very sad - but it's temporary. The question is "How long temporary?"

But even in such conditions, thery are few ways of getting already listed coins. And it is totally true. You can ask me what I mean. My answer would be: "You have to spend a lot of time sitting in front of your pc and digging information. And even in this case, you might find nothing deserving your attention."

So, my friend and all Newbies visiting this thread, and not only Newbies, keep your attention on this coin https://coinmarketcap.com/currencies/latiumx/

Unfortunately, they had completed their Bounty campaign, but even now every volunteer can earn this coin easily. Just join this platform via my referral link https://latium.org/welcome.html?welcome_id=b04oDBgm

If you don't want to join using my referral link, follow the main link of the Latium platform https://latium.org - for me it's doesn't matter, for you it's will bring solid profit.

For getting more information about the project - visit >>> https://bitcointalksearch.org/topic/annlat-latium-token-sale-is-open-610614

PS

I'm using this platform and post tasks for bounty hunters there, so I'm interested in that a lot of bounty players accomplishes my tasks!

Just want to add that other airdrop forms misleads some newbies.

Example:

Public Key (which should be an ETH address). Others fill-up this form with their Private Keys out of confusion.

No matter how good the vision of any project, don't share them your private keys obviously. I will try to dig some airdrops where I saw that form as an example.

You are welcome.  Just read, read, and read.  By acquiring more knowledge, you can minimize making errors and mistakes.

Very helpful for beginner like me, Thanks 

Most bounty signatures require at least a Jr. Member rank for you to join.  In case that you will join bounty signature in the near future, I would like to suggest that you conduct a thorough research prior joining one.  You can only join one bounty signature at a time (for an average duration of 2mos) hence you must be careful in choosing which bounty signature to join - to maximize profit and prevent yourself from scammers.

Thanks for taking the time to point these mistakes out. In addition, always choose the right signature that soothes your rank (for those that want to do signature bounty)

To the OP, i do not want to sound I'm promoting but I think MetaMask does a great job as alternative to hardware wallets. I say this because I'm still pulling funds to buy my first hardware wallet. Not to mention that my coins are still few for me to be thinking of buying hardware wallets already.

Glad that I earned your first time in giving a merit! 

These are my personal experiences! I am really so hyped about airdrops and bounty campaigns that I became lost to my own excitement. wahaha
But I can consider this as a good learning experience in my part.  I became more careful in joining bounty campaigns and started reading more about them (e.g. their visions, management team, manner of execution, timeline, etc).

Most newbies, and I am no exception, are so eager to earn money that they start joining campaigns that moment they heard about it.
So they go and enlist to campaigns without having any basic knowledge of what they are getting into.

However, I think we must be considerate to them.  They are labeled as "newbies" because they are really prone to mistakes, even ones that are considered common sense.  On the other side, I agree to you that let us also encourage them to be responsible enough to read and be literate to the cryptocurrency.

Hi nngella! Great post. Thought it was very detailed and definitely relevant to some people who are simply lost when they first get into crypto as there is quite a lot to take in at first! So somebody will definitely benefit from what you have said. 

I'm also awarding you Merit (the first i've ever sent!  )for the effort you've clearly put in here, and it would be great to see you continuing to post good content.

Have a great day! 

Common mistakes of Beginners/ newbies (i consider myself also since i am a jr. Member) is that they think that they can just Hop in to campaigns without reading the given instruction, most campaign participants is just putting and filling up the requirements not knowing the rules and regulations that the manager has written.

The real cause of this topic is "not reading" and "not understanding" the Thread. 

The worst case is there are participants who are not able to distinguish if a project is scam, simply because they haven't read the whitepaper or does not know who the manager is and not being rude, most participants join campaign without trusted escrow.

Is it a mistake by chance or illiteracy? 

Thank you for the recommendation.  I moved this topic to "others-Beginners & Help" section.

First, thank you for the merit!

I have a personal experience on this one.  Sadly, I am so hasty in joining and enlisting to campaigns that I inputted my private keys to almost eight campaigns.  I need to contact the administrator of the said campaigns one by one in order for me to change it to my ETH address.  Luckily, I discover it before the campaign ends.

In the end, I just took it as an opportunity to see which campaign has active members to entertain my request.  Active management means they are hardworking and have ownership on the project (an indication of a higher success rate of the project).

very useful and easy to understand, especially beginners. from the knowledge you share here, we must be careful, so that our work is not useless.

I'm glad that I was able to share and gave you some wake up call that you should start using hardware wallets and explore with it. Although you have to spend some bucks on it, believe me it's worth it.

There's also blockchain.info which is a web wallet that is now supporting Ethereum which is wrongly used for receiving ERC20 tokens but you can import/export it's private key to other ERC20 supporting wallets.
More details: Can I send Ethereum based tokens (ERC20) to my Blockchain wallet?

But still you have to get your own hardware wallet for safety just in case.

Giving out a merit for the effort you made for this post which do really emphasize or being state clearly and helpful for some newbie bounty hunters which arent even sensible enough on informations being inputted.
Been seeing hundreds of scenarios like this one where;

Private keys are being putted which i can see them clearly on bounty spreadsheets, some do have coins but most of them are new (Lucky). Newbies out there this should really be read out.

I am not knowledgeable yet to hardware wallet (and this post is a wake up call for me to study this and move from MEW to hardware wallet soon  ).
I also included this on the edited version of the post.  Thank you 

First, I would like to thank you for taking the initiative to be the first in making a reply on my first thread  .   

I edited my post and included your input.  I was reminded by this that not all airdrops require ETH wallet and it is better for us to take note of this.