Don't bite more than you can chew | Bitcointalksearch.org

setialovers

member

Activity: 812

Merit: 11

Quote from: laskybok on June 08, 2018, 02:46:11 PM

This is applicable to everyone in the crypto space, not to attempt to do more than they are capable of doing.
- For crypto traders, miners and investors, invest only what you can afford to loose. Do not invest all your money into crypto, believing that you will wake up one day to get a multiplier factor on your profit. It is either you have profit or loss.

- For bounty, participate in projects you can finish at a time. If you combine too many projects together, you might end up not getting anything reasonable from all the projects. I wonder some times when i see spreadsheets where some have 0 stake almost all through.

I agree, when we start investing it is better to use idle money. Investing in the cryptocurrency market is very risky due to high price fluctuations, so the risk of loss is also high. When we use idle money, we will be more relaxed because we are not burdened with financial problems

Kwansimaa

member

Activity: 238

Merit: 12

send & receive money instantly,with no hidden cost

Attempting to do more than you are capable of doing can really be stressful. At first, I used to participate in many bounty campaigns and ended up gaining little tokens which were worthless considering the time I was using but coming to a point where I started with just a single bounty at a time, I am really enjoying what I am capable of chewing rather biting more than I could chew.

Mr.Spreadthehamster

full member

Activity: 518

Merit: 102

Indeed, the cryptocurrency market is very dangerous and does not tolerate mistakes and hasty conclusions. And this means that you should not invest all your savings in one basket, regardless of the most reliable ratings and news. Risks must be calculated. If you are lucky today, it does not mean that you will be lucky tomorrow.

pundit

full member

Activity: 868

Merit: 104

This is the basic principle of any investment. "Invest only the amount you can afford to lose" If someone invests more than his risk appetite then he is gambling, he may get good profit or may lose all he has. Greed and fear are two biggest enemies of an investor and trader if one conrols both he can make good investment decisions.
Regarding bounty projects, I remember early 2017 when I was doing so many bounty projects seeking a little income from it and suddenly in late 2017 I had more earnings in bounties than my regular salary. Its a matter of market sentiments. If you chose a good project it will pay you good amount now or later its exchange price may not be good at this point of time but if project is good its coin price with surely increase with bull run.

m.rifki

member

Activity: 517

Merit: 10

Quote from: baiwei on July 16, 2019, 10:42:47 AM

Don't expect more than you think if you dont want to be disappointed, its just like buying and buying to much altcoins and holding to long and not getting profits or maybe dont get the capital right back. And for bounty Hunters dont get to much work if you cant handle because it affects you and especially to the project you promote so be wise in time management and also think for the better for you and to crypto currency.

of course, thinking of choosing the best to follow even though the results are not necessarily good. we are all aware of that, but at least we are trying to work and invest in projects that we think are the best.

baiwei

sr. member

Activity: 541

Merit: 250

Don't expect more than you think if you dont want to be disappointed, its just like buying and buying to much altcoins and holding to long and not getting profits or maybe dont get the capital right back. And for bounty Hunters dont get to much work if you cant handle because it affects you and especially to the project you promote so be wise in time management and also think for the better for you and to crypto currency.

aauchit

newbie

Activity: 98

Merit: 0

Yoy are absolutely right if you carry out too much your final results will be disappointing, escpecially in bounty programs, when people performing too much projects at one time

Malam90

full member

Activity: 1099

Merit: 116

Quote from: laskybok on June 08, 2018, 02:46:11 PM

This is applicable to everyone in the crypto space, not to attempt to do more than they are capable of doing.
- For crypto traders, miners and investors, invest only what you can afford to loose. Do not invest all your money into crypto, believing that you will wake up one day to get a multiplier factor on your profit. It is either you have profit or loss.

- For bounty, participate in projects you can finish at a time. If you combine too many projects together, you might end up not getting anything reasonable from all the projects. I wonder some times when i see spreadsheets where some have 0 stake almost all through.

I have same suggestions for the traders that they should invest only a part of his money not all. I have seen few traders including me invested all BTC and ETH in altcoin trade, now all are dumped and lost almost 90% of the funds. So traders can take advise from our experience.
As a bounty hunter, i have to think before joining any project. If you think you can do the tasks regularly and timely you can join otherwise don't waste space in the spreadsheet only for join.

aji567

member

Activity: 728

Merit: 10

for me crypto is just a side job. I am also a trader and I do not fully invest my money in crypto. I invested my money by buying land. besides traders, I am also a bounty hunter, who is definitely a bounty that I follow only those who are qualified and focus on just one bounty. the conclusion is don't be greedy for the results achieved either trading or bounty. if it's profitable, immediately make a withdrawal and don't force yourself to get more profit.

dungp3132

member

Activity: 274

Merit: 26

Quote from: Barracuda on July 16, 2019, 07:49:48 AM

that's what I did when participating in the bounty. I don't want to participate in all projects, I prefer to focus on a good project to get more income there. That is why I don't always exist in every project, because I think it's a waste of time if I can't get something.

It is true for investors and investments, not only for bounty hunters. The key thing is don't invest if you are not able to accept loss, especially the most terrible loss (loss nearly all of your capital). People tend to easier to say thanks when someone help them to get profits from investments, but they mostly forget to say thanks to others whom help to avoid losses.

Barracuda

full member

Activity: 514

Merit: 100

Quote from: laskybok on June 08, 2018, 02:46:11 PM

- For bounty, participate in projects you can finish at a time. If you combine too many projects together, you might end up not getting anything reasonable from all the projects. I wonder some times when i see spreadsheets where some have 0 stake almost all through.

that's what I did when participating in the bounty. I don't want to participate in all projects, I prefer to focus on a good project to get more income there. That is why I don't always exist in every project, because I think it's a waste of time if I can't get something.

deathcode

copper member

Activity: 1428

Merit: 253

Eloncoin.org - Mars, here we come!

Quote from: thesosorr on July 16, 2019, 07:06:21 AM

Thank you for your advice on bounty. It's a difficult time for bounty participants to get a good project. Can you recommend me a good project.

why aren't you looking for yourself? there are many projects, you just choose it. nothing good, or nothing bad. it's up to you to choose the project. do your best, and don't trust too many other people.

sjbi

member

Activity: 770

Merit: 14

www.thegeomadao.com

Yes I agree you on this matter. Eat whatever amount you can digest. I have seen many my colleagues who try different projects for bounty campaigns but only to end up in in-completing one. So as a result, they get rewards from neither of the projects they have participated in. Likewise, investors should not be greedy too much. They can invest whatever amount they can afford to lose.

thesosorr

full member

Activity: 691

Merit: 100

Quote from: laskybok on June 08, 2018, 02:46:11 PM

This is applicable to everyone in the crypto space, not to attempt to do more than they are capable of doing.
- For crypto traders, miners and investors, invest only what you can afford to loose. Do not invest all your money into crypto, believing that you will wake up one day to get a multiplier factor on your profit. It is either you have profit or loss.

- For bounty, participate in projects you can finish at a time. If you combine too many projects together, you might end up not getting anything reasonable from all the projects. I wonder some times when i see spreadsheets where some have 0 stake almost all through.

Thank you for your advice on bounty. It's a difficult time for bounty participants to get a good project. Can you recommend me a good project.

daporivera

jr. member

Activity: 402

Merit: 4

Don't invest more than you are willing to invest. Not all ICO projects are worthy of investment, be selective on projects you invest in. Most important stay away from hyped projects with nothing to offer, therefore creating FOMO.

Redemption59

member

Activity: 238

Merit: 11

Biting more than you can chew is just can be really stressful. Investing all your hard earned money into crypto can get you off track because anything can happen, either win or lose so be careful what, when and how you invest and also to the bounty hunters out there, research and find a good project, I think two at a go is cool and promote them. Combining a lot of projects is stressful and you may end up skipping a lot of things and getting little out of the many. stay focused and bite what you can chew.

sanida

member

Activity: 210

Merit: 15

I tried this before but mine was Bounty Project by doing almost all of the social media bounty listed here, I ended up tired and missing the real bounties that became successful, I've done as many bounty as I could it ended up myself being lazy and not to try the other bounties anymore so I decided to stop from then and only manage to do 1 at a time but only signature campaign.

semobo

full member

Activity: 1498

Merit: 146

Quote from: laskybok on June 08, 2018, 02:46:11 PM

This is applicable to everyone in the crypto space, not to attempt to do more than they are capable of doing.
- For crypto traders, miners and investors, invest only what you can afford to loose. Do not invest all your money into crypto, believing that you will wake up one day to get a multiplier factor on your profit. It is either you have profit or loss.

- For bounty, participate in projects you can finish at a time. If you combine too many projects together, you might end up not getting anything reasonable from all the projects. I wonder some times when i see spreadsheets where some have 0 stake almost all through.

simply will not say like that in any situation we do our best so that I think no one will regret that the incoming half the money in their hands that's why the money is more important in everyone's life so we cannot say it is enough for anyone.

necromastery

sr. member

Activity: 1414

Merit: 254

Quote from: carrie_white on July 13, 2019, 02:09:47 PM

I myself have experienced the second thing, which is that I too followed the bounty campaign, and I pushed myself too much, in the end it was very difficult to monitor all the projects that I followed, in the end there were so many bounty programs that I did not succeed

I feel it, at least that has become your experience that will lead you to not be greedy. It can be said that I have also been like that, but luckily I found a number of successful bounty programs that I participate, so I didn't get bare hands at the end.

b1boy

jr. member

Activity: 392

Merit: 2

You have an awesome feeling. At first, I took nearly everything that is associated with the crypto currency into work however now I comprehend it is smarter to pick a few in number projects. Solid projects will achieve the end and you will make a benefit. Furthermore, on the off chance that you take on all that you can invest your energy in the void.

Topic: Don't bite more than you can chew (Read 10980 times)