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Topic: Mass Bounty hunter or Full time crypto trader - page 6. (Read 2861 times)

full member
Activity: 560
Merit: 108
Both because you can get some rewards from bounty campaign activities after you did your bounty tasks and then you can trading it into the market after it lists. You can be a full-time crypto trader then Cheesy. I did it both fyi
full member
Activity: 448
Merit: 103
Mass bounty hunter
Pros
you can actually get a lot of different coins to save for later or to dump for later without hurting your pocket, and without a cent to lose.
Cons
1. if you're up to the waiting game, then this is not for you. bt form me, where waiting is agony, this is a huge con for me, the waiting game is very long, usually it takes 6 to 8 weeks of waiting before you actually get your coin, and then wait another couple of weeks for it to hit exchanges.

2. Some of the ICO projects flop and never resume again. so this factor disheartenes many because you will feel that your efforts have been wasted and all your time invested on the campaign just went into the drain.

Trader
Pros
1. we can see and track all the coins on our own pacing. no need to worry about a dead coin becaause when a coin is in trading, the power is in your hands (or your fingertips, I suppose.)
2. A dollar or two can go a long way -- just be sure that you monitor from tie to time.

Cons
1. I guess you never get to sleep as much as you wanted because you ill be preoccupied with trading thouhts and the value in market.
2. Trading all your coins in one site cannot be possible as some of the good coins in launching is only available in other sites. It will be time consuming to make accounts and keep track on it on every trading websites.
copper member
Activity: 280
Merit: 1
Opinions on this topic varies amongst individuals. Some people will go for bounty hunting due to several factors including lack of funds to start trading and experience. For trading requires the skills and knowledge while bounty is a bit straight forward and easy to move along with. Payment for bounty do take longer time
member
Activity: 364
Merit: 10
take & Vote or Become a IoTeX Delegate!
I believe anyone who is into crypto currency will do the both of them, the truth is that these day bounty hunting doesn't pay much as before and it is as a result of the market condition, you can do a bounty and get tokens worth thousands of dollars but when it get listed on the exchanges, the prices will dump that you can't even get up to a thousand anymore, so for this situation, trading is a good alternative so that you will continue to aim.
jr. member
Activity: 140
Merit: 1
I prefer the occupation of bounty because it is a job that does not require you special skills, unlike a trader who must be a professional in his field
jr. member
Activity: 225
Merit: 1
I wonder what is better, a Mass bounty hunter or a full time crypto trader? What are the pros and cons of each chosen position?

I take the side of a mass bounty hunter because it gets one involved in projects you get not to know (genuine projects) I just love the name it bears, yeah most do take time to accomplish a certain goal but at later end you get rewarded for the works done, in the side of trading it really requires you to stick to your computer and also do lots of analysis before you get in with the win win.
member
Activity: 322
Merit: 10
I don't really have a future in trading because I don't have any knowledge about it. That's why I choose mass bounty hunter to learn from it to try next time some trading my investments and to make some good choice and decision in joining in trading. And I think would be a very big help to me.
sr. member
Activity: 714
Merit: 250
Participation in companies bounty and crypto trade , both classes can bring in a decent profit. But in order to earn a lot by fulfilling the company's bounty for ico projects have to spend a lot of time to define high-quality projects , and then regularly maintain them. For crypto trading it will require a lot of time to study the market , get trading experience and have to risk their capital by investing in a particular coin.
jr. member
Activity: 154
Merit: 1
It seems to me that a good trader can earn much more money because he has a lot more opportunities compared to the usual daily execution of bounty programs.
member
Activity: 244
Merit: 10
Personally, I chose to work with trading. Of course, this area involves more financial risks, there is a danger of losing your money. But, if a person has sufficient knowledge and experience in a particular field, you can make more money here. Working with bounty does not allow you to get the same income.
full member
Activity: 476
Merit: 100
I will prefer to be full time bounty hunter than full time crypto trader. As a bounty hunter  i am not expected to invest any money rather i will  help publicize the project and get paid with little token as agreed on the bounty rules. I will not be boarded about risk of losing my money if the trade will go against me or the project did not do well during ICO hence the project is declared failed and some will say they will refund money which they will never do.
The only risk i will bear will be my time and energy doing that promotion if at the end of the day it fails.
member
Activity: 252
Merit: 10
I am a bounty hunter, and only because I have enough free time to promote generosity, and I do not have the time or experience to trade
member
Activity: 238
Merit: 10
I wonder what is better, a Mass bounty hunter or a full time crypto trader? What are the pros and cons of each chosen position?

I prefer to work with various bounty programs than to risk my money when working with trading. But in any case, knowledge of and understanding of the specifics of the market is also needed here in order to choose the right project and earn income. Of course, trading allows you to get more income, but I'm not ready for such financial risks.
full member
Activity: 714
Merit: 100
3... 2... 1... Launch!
I wonder what is better, a Mass bounty hunter or a full time crypto trader? What are the pros and cons of each chosen position?

Trading requires an initial capital input and basic knowledge of charting etc whereas bounty hunting does not necessarily require much expertise

The risks are higher as a trader but the rewards can be greater as well so it's really depends on what suits your goals
member
Activity: 294
Merit: 10
In each case, the decision depends on the skills and experience of the individual. If he is willing to take risks and has sufficient knowledge for successful investments, then you can engage in trade. If he prefers to spend more time and not risk money, then it is better to pay attention to working with the bounty.
full member
Activity: 462
Merit: 100
I wonder what is better, a Mass bounty hunter or a full time crypto trader? What are the pros and cons of each chosen position?

Bounty hunting rewards its participants with lots and lots of their tokens and eventually, the tokens would be sold in the market for certain prices. No monetary investments are required to participate. However, the selling price is usually lower and the distribution of tokens takes a lot of time to do.
jr. member
Activity: 370
Merit: 1
I think raising money from bounty and investing or starting trading is the best thing to do. Bounties are not forever profitable but you can always be profitable with your trades.
member
Activity: 322
Merit: 21
I wonder what is better, a Mass bounty hunter or a full time crypto trader? What are the pros and cons of each chosen position?

Why don't you spread your risk by doing both? You will get coins and tokens from the bounty campaigns, and you can use these coins for trading. That will minimize your risks and you can have more options during trading.
It's better to have those two option on a single of time. "Sounds like hitting two birds with one arrow only, all you need is knowledge, strategy and dedication of course. But expect a high volume of risk and stress at some point, but as long as you enjoy it and your plan is effective, everything will be alright and expect more income. At some point, expect those issue or problem like loss and engaging a many difficult times.
sr. member
Activity: 1988
Merit: 453
I wonder what is better, a Mass bounty hunter or a full time crypto trader? What are the pros and cons of each chosen position?

Why don't you spread your risk by doing both? You will get coins and tokens from the bounty campaigns, and you can use these coins for trading. That will minimize your risks and you can have more options during trading.
member
Activity: 392
Merit: 12
There is high risk involve in trading, you can lose all your capital if care is not taking but for bounty hunters its minimum risk, you can only work and don't get paid but you can't loss what you have so for me I still go with hunting bounty
although now a bounty hunter no longer earns a lot of income, at least we only lose our time if we are not paid, and te risk is far less than an investor who joins the ICO project
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