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Topic: For newbie, Why I choose bounty over ICO? (Read 1670 times)
Newbies often don't have much experience in investing or participating in professional programs. Bounty is a chance to win results for both sides, meaning new investors and projects. It is a safe start point for new people.
I think the era of good icos is gone. The market was greatly abuse in my opinion because of absence of regulations. Scamming icos were on the rise ripping investors of their hard earned cash. Bounty on another hand is a bit better because if you ask me, it's another form of investment in icos too just that instead of money, you're sacrificing your time.
I have read many articles and videos about the selection of bounty activities, but the bounty event is like a box of chocolates, no matter how we choose, we can't be 100% free from being cheated!
Earn money @ Zero risk.Doing bounty as part time job is awesome.They may be not profitable as previous year,but still we can earn fair amount of money from doing bounties.
Investing in ICO needs money and if you don't have that then might as well invest your time in doing bounties and be able to obtain the coins. The difference is that when you are doing bounties, you are not assured that you will be receiving anything since anytime the bounty may be canceled or something might happen that will let you not receive any coins and when you bought in ICO, you know you will receive your coins unless you are scammed. Anyway, I would choose bounty now because I don't have the means to have the coin through ICO.
Earn money @ Zero risk.Doing bounty as part time job is awesome.They may be not profitable as previous year,but still we can earn fair amount of money from doing bounties.
I prefer bounty more than ICO. Because it require only time&work, no investment.
When a project has ICO with big bonuses on early stage + bounty campaign in the same time, you really have a big risk never return invested money.
Because at least 50% of bounty participants will drop free tokens as soon as it be listed on the 1st exchange. Any price is good for them, even much lower than ICO, because they have paid nothing. And early birds will do the same at the price below than ICO, because they have bonuses, i.e. the same free tokens. So no sense to buy at ICO price, it's guaranteed losses.
And one more reason why i don't like ICO: many of them want KYC.
I think crypto must be free from any KYC, in principle. Finally it is not safe to send documents to any unknown project.
When a project has ICO with big bonuses on early stage + bounty campaign in the same time, you really have a big risk never return invested money.
Because at least 50% of bounty participants will drop free tokens as soon as it be listed on the 1st exchange. Any price is good for them, even much lower than ICO, because they have paid nothing. And early birds will do the same at the price below than ICO, because they have bonuses, i.e. the same free tokens. So no sense to buy at ICO price, it's guaranteed losses.
And one more reason why i don't like ICO: many of them want KYC.
I think crypto must be free from any KYC, in principle. Finally it is not safe to send documents to any unknown project.
Yes, as for me I had the same situation. Now I participate in many bounties. For ICO it's better to buy on exchange rather than buy on ICO. I think that soon the market of ICO will recover.
I think, if you have money, which you ready to gamble - do research, read a much and invest in good ICOs.
If you don t have money - ok, you nothing to lose, but your time. Do Bounty research and choose one.
ICO is investments and Bounty is part-time work; it s not comparable with each other.
Also, profit from right chosen ICO is much higher, than Bounty.
If you don t have money - ok, you nothing to lose, but your time. Do Bounty research and choose one.
ICO is investments and Bounty is part-time work; it s not comparable with each other.
Also, profit from right chosen ICO is much higher, than Bounty.
if in my opinion why should I try to get more that is definitely to be able to get more enthusiasm to go a long way in participating in this bitcoin world and also all of us here must always want more prizes from ico for us to get
Its normal %90 of ICO in 2017 are all scams and no working product, as a result, the token will be dumped also some ICO are pure Hype, I hope this year there will be a platform that tracks real and scam ICO that they can track the team and the office of the company and the license etc.
I started with bounty, but I want some kind of growth and still want to do investing in ICO. It seems to me that my path gave me the necessary experience to go into investment, but unfortunately the capital is not yet high and it is necessary to carry out a few more bounty.
I totally disagree with the topic starter. I'd rather lose money, but my time will be with me and I will not spend it just to satisfy someone's ambitions and greed.
Hello newbie,
I wanna share my experience with you about bounty/ ICO. In December 2017, there was so many ICOs that you could get x10 or x20 profit.
However, It was competitive to join in those hot ICO because of whitelistiing and gas war battle. I finally found one and get whitelisted. It guaranteed that every whitelisted member can contribute with 1ETH. The market started to bearish in early Februry, I decided to contribute 0.5 ETH, at the same time, I also joined 1 bounty. As of today 03/23, the free tokens i got from bounty are still same price of ICO, but the tokens I bought from ICO goes down from 0.0005 ETH to 0.0002 ETH.
I realized that many ICO just goes down when they hit the exchange, with that experience, I mostly join bounty.
You have nothing to loose to join bounty but extra income.
Do you have any experience with your ICO or bounty?
I wanna share my experience with you about bounty/ ICO. In December 2017, there was so many ICOs that you could get x10 or x20 profit.
However, It was competitive to join in those hot ICO because of whitelistiing and gas war battle. I finally found one and get whitelisted. It guaranteed that every whitelisted member can contribute with 1ETH. The market started to bearish in early Februry, I decided to contribute 0.5 ETH, at the same time, I also joined 1 bounty. As of today 03/23, the free tokens i got from bounty are still same price of ICO, but the tokens I bought from ICO goes down from 0.0005 ETH to 0.0002 ETH.
I realized that many ICO just goes down when they hit the exchange, with that experience, I mostly join bounty.
You have nothing to loose to join bounty but extra income.
Do you have any experience with your ICO or bounty?
I really do agreed for what you had stated in the above on which is that you have nothing to loose to join bounty but extra income, that was true and right. let me share to you my experienced in 2017 this year was a great season, God poured out His blessings to me before end of 2017 because I earned more than 8BTC then when 2018 came up month of February I gained more 3.5BTC so it was a good moment to me, so even after a months crypto declined for 8 months almost I still survive even the ico which I joined was to seldom to give payment in my wallet that I gave to them.
a very risky investment tool crypto money. very few legal safeguards. needs to investigate very well. there are now 10 times that of ico
Obviously, that after listing on exchange investors want to take profit and price go down. When you lose coins from bounty- you lose your time.
Tokens fall in price, only in bad crypto projects. Yes, now all tokens have fallen in price, but as the market grows, only good projects will increase in price, not a scam projects.
They say bounty hunters dump tokens. But they’ll do that just for tokens without a real use case or terrible team. Or if the project looks fishy.
I do bounties sometimes. Just started out here on bitcointalk. And I hold some tokens. Though I had to swing them in exchange while trading to get a little more and keep the dollar value stable in this bear market.
I hope bounty hunters get rewarded better.
Going back to your question, there’s two i parties to a project success; there’s the bounty hunters, they help campaign, tell you more about the project you’re getting into. Although there paid, they still provide some details and information about the project.
Then there’s the ICO participants or investors. They finance the project by buying tokens. Pay some amount for some tokens.
The both parties have a role to play, without one the project may stagger to be successful.
I do bounties sometimes. Just started out here on bitcointalk. And I hold some tokens. Though I had to swing them in exchange while trading to get a little more and keep the dollar value stable in this bear market.
I hope bounty hunters get rewarded better.
Going back to your question, there’s two i parties to a project success; there’s the bounty hunters, they help campaign, tell you more about the project you’re getting into. Although there paid, they still provide some details and information about the project.
Then there’s the ICO participants or investors. They finance the project by buying tokens. Pay some amount for some tokens.
The both parties have a role to play, without one the project may stagger to be successful.
Indeed, in my experience, many tokens of companies go to the bottom after entering the exchange. But there are several projects whose developers initially showed a professional approach to business. In such projects, the price per token is reduced only for the first time, but then the price is restored.
Yes, even i am experiencing this type of approach when i worked for a bounty, we need to be very patient until actual development starts from the team. Instead of panic about the price, it is better to hold them until their price starts increasing again.
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I think for a newbie, it is better to choose bounty than the ICO especially if that person doesn't have much money to invest in the ICO. With join in the bounty campaign, they can earn the tokens and then they can sell when it gets the list so they can have money to invest in the other coins. But for people who own money, they can invest in the ICO than join in the bounty but they can also join too if they want. But right now, it is a bad year to join in a bounty or invest in ICO because every ICO has delayed their time to finish the project or to get a list on the exchange and the participant of the bounty has got delay to for their reward payment.
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