Topic: Quit your job to promote bounty campaigns fulltime: unrealistic???? - page 37. (Read 4615 times)
May 05, 2018, 07:31:16 PM
Yes it is, but not a very sustainable revenue model in a long run, eventually ICOs will get oversaturated and reduce in terms of quatity, yes quality would improve in this way and new coins will still coming out replacing the legacy ones, still I guess going over 100 bounties would require even more efforts as there are tons of stuff to track on. In my opinon having a team that focuses on bounties as well becoming manager might be better...
May 05, 2018, 07:04:47 PM
Last night I had a discussion with a friend if it's possible to quit your job and make a fulltime living of promoting bounty campaigns.
My friend thought you need to promote a lot of bounties at the same time (100 per week), to compensate for the
uncertain number of bounties that will never to lead to any income (coin cannot get listed, withdrawal fees of exchange is too high, scam, etc.).
So the question is: do you agree with this statement?
Definetly yes,i aggree with this statement that uncertain number of bounties now that will never to lead to any income because some of the ICO now is creating FUD they are not professional of what they promise to the bounty hunters and to the ICO investor,so therefore quitting our job and focus in cryptocurrency participation by joining ICO or become a bounty hunters is not the best solution today and you are right in your words that coin cannot listed or the token you can get is high in withdrawal fees that can stock into your coins in the exchange trading. My friend thought you need to promote a lot of bounties at the same time (100 per week), to compensate for the
uncertain number of bounties that will never to lead to any income (coin cannot get listed, withdrawal fees of exchange is too high, scam, etc.).
So the question is: do you agree with this statement?
May 05, 2018, 06:46:01 PM
I dont think quiting my job is a good idea and just do promoting campaigns. You can do both if you have a free time in your work. Promoting bounty campaigns is another way to gain extra income. For me my job is more important because today there so many bounty campaign that are not true. Why is hard to be sure that it will profit me in the future.
May 05, 2018, 06:32:55 PM
I think you should not quit your job for only promoting bounty work because you can get a fix income from your current job for living other side from bounty work there is no fix monthly income but also possibility of paying delay like 2-3 months and its not enough but you have to wait the coin to list on good exchange to sell your coins..
May 05, 2018, 05:26:20 PM
Last night I had a discussion with a friend if it's possible to quit your job and make a fulltime living of promoting bounty campaigns.
My friend thought you need to promote a lot of bounties at the same time (100 per week), to compensate for the
uncertain number of bounties that will never to lead to any income (coin cannot get listed, withdrawal fees of exchange is too high, scam, etc.).
So the question is: do you agree with this statement?
Job security is better than doing something full time without certainty. I wouldn't quit my job just to go full time on bounties. We shouldn't treat this system as a full time job since it is very risky. Not all efforts are compensated in this venture, as to all working hours in a regular job are accordingly paid. Having a regular job and doing bounties on the side can be done hand in hand. It's just a matter of determination and time management. My friend thought you need to promote a lot of bounties at the same time (100 per week), to compensate for the
uncertain number of bounties that will never to lead to any income (coin cannot get listed, withdrawal fees of exchange is too high, scam, etc.).
So the question is: do you agree with this statement?
May 05, 2018, 05:23:31 PM
This is a bad decision, because it is impossible to be into multiple campaigns. Also, as the friend of Op stated lots and lots of new coins were coming into usage. We don't know which is gonna be the best, to some extent we can predict and not sure of the reality however good the project might be.
May 05, 2018, 05:18:41 PM
First of all, your friend is right.
You have to ask yourself.
1. Do you hate your job and want to go?
2. How much do you need at least of bounty to live?
3. What will you do if the next payment is only in 2 months?
...
More and more bounty hunters come every day. What happens if a bounty of $ 100k is distributed between 10k hunters?
Will that be enough? ...
Last year I would say that it is possible, but now it is not anymore.
Do it like a hobby in your spare time, but not as a full time job.
You have to ask yourself.
1. Do you hate your job and want to go?
2. How much do you need at least of bounty to live?
3. What will you do if the next payment is only in 2 months?
...
More and more bounty hunters come every day. What happens if a bounty of $ 100k is distributed between 10k hunters?
Will that be enough? ...
Last year I would say that it is possible, but now it is not anymore.
Do it like a hobby in your spare time, but not as a full time job.
May 05, 2018, 05:18:31 PM
I think it really depends on your job if you got a good salary from your job then qhy would you even risk it,
You couldn’t really expect too much from bouty because there are times when the project ends up being a scam or the project fails.
And sometimes the reward for bounty takes time to distribute and also you need to wait till the reward gets listed in some trading site .
You couldn’t really expect too much from bouty because there are times when the project ends up being a scam or the project fails.
And sometimes the reward for bounty takes time to distribute and also you need to wait till the reward gets listed in some trading site .
May 05, 2018, 05:14:07 PM
Depends on the job and your personal expectations of course, but I think it's unwise in most occasions.
You can not say for sure, how will a special campaign do in future, even if you do a lot of research. A few unsuccessful campaigns successively and the landlord will come knocking at your door.
You can not say for sure, how will a special campaign do in future, even if you do a lot of research. A few unsuccessful campaigns successively and the landlord will come knocking at your door.
May 05, 2018, 05:13:51 PM
I feel you should not depend totally on bounty campaign. Try as much as possible to diversify your source of income. This is going to help a lot. Even if you are not an employee, try to have a side business aside promoting ICOs.
May 05, 2018, 05:12:17 PM
As long as you are doing bounties full time it is realistic because you could have a lot money thru bounty campaigns but you will need to pick good quality ICOs so that your efforts wont be wasted as the market has been crowded by these scam projects that only created just to raise funds,and eventually going to abandon investors.
May 05, 2018, 05:11:09 PM
Working online for bounty campaigns can't guarantee us a stable income monthly, and for the daily needs and payments we need a stable income like the salary. So I don't agree to leave the offline work and working full time with bounties, because it seems very risky.
May 05, 2018, 05:10:36 PM
Just do it if you feel you can do that and if you feel work full time in bounty is more promising than your job, everyone have their own decision and everyone can do what they are want to do but I think have a real job is better than work full time in bounty because your job can give you Stable income.
May 05, 2018, 05:07:25 PM
I think it's possible but you should really work well, you also have to have enough money to use for a few months because if doing bounty the time it takes is three months until distribution
May 05, 2018, 05:03:00 PM
If you can it like a part time job thats the best you can do
May 05, 2018, 05:02:09 PM
100 bounties per week? this is crazy... You will only deal with these bounty tasks and in a couple of months you will look like a zombie. You can do 30 to 40 campaigns per month, but choose proper bounty campaign managers that have a low percentage of scam in the project selection.
May 05, 2018, 05:01:55 PM
I mean in theory that sounds amazing, but i would quit a job to do this unless i have 6 months money upfront in my pocket so i can live trough the ruff times, and there will be a lot of ruff times 
May 05, 2018, 05:01:39 PM
100 campaigns is very much possible when you are doing full time,because theres a lot of bounties right now,and theres no limit on how many can you participate,though most of these bounties are scams,there are still few that will give you good returns.I personally doing bounties as my side job and i am earning pretty decent.
May 05, 2018, 04:59:10 PM
Is quite real ! But it is better to have a job and perform bounties in parallel! Diversification of risks!
May 05, 2018, 04:57:39 PM
Last night I had a discussion with a friend if it's possible to quit your job and make a fulltime living of promoting bounty campaigns.
My friend thought you need to promote a lot of bounties at the same time (100 per week), to compensate for the
uncertain number of bounties that will never to lead to any income (coin cannot get listed, withdrawal fees of exchange is too high, scam, etc.).
So the question is: do you agree with this statement?
My friend thought you need to promote a lot of bounties at the same time (100 per week), to compensate for the
uncertain number of bounties that will never to lead to any income (coin cannot get listed, withdrawal fees of exchange is too high, scam, etc.).
So the question is: do you agree with this statement?
I think it is very foolish to think to quit your job and make a living of bounty only. How can you do 100 campaigns weekly?
Bounty campaigns are great addition to your paycheck, but full time living on them is not very wise.
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