Topic: Common Mistakes of Beginners/Newbies during ICO, Airdrops and Bounty Campaigns - page 2. (Read 494 times)

Thanks for the tips! All correctly on topic! Addition: in status "newcomer", should not write posts in other themes, except as "for newcomers"! It matters!

The above posts are so helpful and educating but i will like to add General Rules and Rules of each campaign which are very important, if anyone failed to take note of both rules and goes on with campaigns such person does the job in vain he or she will not be rewarded.

You can also add hardware wallets as ERC20 wallets like Nano Ledger S, Trezor and Keep Key.

Everyone has to explore and grow up as they stay in the forum. MEW is good for people who can't afford to buy their own security(hardware wallet) but you shouldn't stay there forever.

Hardware wallet are much secured than it.

I'll also say something about quoting/posting but it's not about the report.

When the topic is full of quoted post, try to cut or snip it to make it clean. This isn't only good for your campaigns but it's also good for the forum.

1.When filling airdrop or bounty forms check which wallet they r asking. There is not only ETH platform, tokens can use NEO, WAVES, Stellar or another platform. But a lot of participants filling ERC20 address everywhere.
2.Check bounties threads from time to time - campaign can change some rules or finish earlier.

As I hear success stories of earning huge sum of money by joining airdrops and bounty campaigns, I grow excited and hurriedly join some of them.  Unfortunately, my journey is not a walk in the park.  There are so many hiccups here and there.  So many mistakes, lessons learned, and things to improve.  Because of these, I want to share some of the things that I discover.

COMMON MISTAKES of BEGINNERS/NEWBIES during ICO, AIRDROPS, and BOUNTY CAMPAIGNS

1. ETH Address vs Private Key

Note that your ETH Address is different from your Private Key.  
Your Private Key is your way of accessing your wallet while your ETH address is used to receive coins.

Sample ETH address       : 0x46678053A1C1F1A3d46d916f93Fd74dAe1c2aF6B

Sample ETH Private Key : a96bc7487e7bd325e0a2dcf1a7adc9a04ecb2ada74cc49604aa2e95c3122e523

2. Bitcointalk Profile

When you want to see your profile by clicking the “profile” in the home tab, you will see this URL : https://bitcointalk.org/index.php?action=profile.  
This is NOT your bitcointalk profile link!

There are two (2) ways to get your bitcointalk profile link:

a. First, you need to go to your profile.  
On the left corner you will see “summary” then click it.  You will get a URL like this : https://bitcointalksearch.org/user/nngella-2171254.  
Remove the “;sa=summary” and the new URL (https://bitcointalksearch.org/user/nngella-2171254) is your bitcointalk profile URL;

or

b. Go to your profile then on the left corner click “show posts”, it will display your previous posts.  
Click one (1) to show your previous post with your bitcointalk username on the left side of the post.  
Click on your bitcointalk username and it will direct you to your profile.  The URL is your bitcointalk profile link.

3. ERC20 ETH Wallet

Bounty campaigns and airdrops mostly use ERC20 ETH wallet to distribute their tokens.  
Note that ERC20 ETH wallet is different from the ETH address that you can get from an exchange.
https://www.myetherwallet.com/ (MEW) is an example of an ERC20 ETH wallet.
You can also use hardware wallets which are more secure than MEW

4. Forgetting to post your result

You need to take note the day of the week that you need to submit the result of your campaign!  
Failure to do so will make your effort be in vain,  the bounty manager will not credit what you did for the previous week.

In my case, I always document my bounty campaigns using google docs.  
This helps me to manage and sort out one campaign to another (to avoid mixing them up).

5. Quote vs New post vs Same post just edit

Aside from taking note on when to post your report, you also need to be mindful on the matter of how.  
Some bounty managers will require you to make a new post every week hence a campaign having a duration of four (4) weeks means having four (4) posts for reports, one (1) per week.  
Others will require to just edit your proof of authentication post making it just one (1) post for the whole duration of the campaign.  
Lastly, I also encounter others that require you to make a new post every week and quoting your previous week/s.

SHARING IS CARING
How about you? what are your stories?
I would like to encourage everyone to share their stories.  Stories of success, failures, great accomplishments, heartbreaks, and anything that you like.  
The intent is for each of us to learn from one another.

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EDIT and ACKNOWLEDGMENT

1. Would like to thank jossiel  for the input regarding the use of hardware wallet; and
2. Esterklu for reminding us on her comment that not all airdrops require ER20 ETH wallet, some require different wallets.
3. harizen made a good point that some bounty campaigns and airdrops mislead members by asking for ETH Public Key (which is confusing) and must be ETH Address.

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see also:

• My First Week (Newbie) Experience
• Adding Image to Your Post