Which one is preferable short term trading or bounty campaign?
Have limited investment around $400.
Give me some suggestion!
Have limited investment around $400.
Give me some suggestion!
Topic: Short term Trading investment or Bounty campaigns? - page 27. (Read 100449 times)
$ 400 is sufficient funds to engage in any activity in the crypto world and if you want to trade short term I strongly advise you to split a few percent with the funds you have to buy some coins that have pretty good potential. so like the saying that you should not buy eggs in one basket and the goal is that you have more of a coin type that you can backup when one of the coin types looks not potentially good.
When you don't know enough about this market, I suggest you don't invest. You can choose to do rewards to get some rewards, and learn more about this market during this period, which can greatly avoid your loss of funds.
I do not like short-term investments, if I believe in a cryptocurrency, the purchase, and I keep it at least 6-12 months to try to make a good profit. I prefer in any case to participate in the bounty campaigns, because I spend my time working on the promotion of the project, but in return I receive tokens
You can do both. It is possible to make some profit investing USD 400 wisely in good coins. And also you should keep doing bounties for collecting more money to invest. But when investing in altcoins, you should do your homework first.
Short term investment is more risky.If you have such amount, maybe you should not engaged in 1 investment site. If you put that in 1 investment only, if you loss, goodbye investment. There are many good investment site and by reading this forum, you may able to identify which one is promising.
I also believe that it is possible to combine the bounty and investments. By participating in the bounty you lose the risk of losing your money. At the expense of investment in the short term, it is difficult to predict something 100%. It is better to buy promising coins for a long time. So you will reduce the risks.
You can start trading only when you have knowledge of trading. Being depend on others for trading signal will not give you profit. If you have spare time you can do both but short term trading is not so easy its risky too on the other hand in bounties you do not need to invest money initially but you need to devote your time to finish the bounty tasks. So doing bounties is a win win situation without risk. With 400$ you can buy some cheap coins that you think can rise in future but its a small amount to start with.
I think $ 400 is also very good You can buy some altcoin by buying current prices, because now the price is still cheap, so you will more easily get many benefits, and you can buy bitcoin, Ada, TEN, and eth, because now the price also very cheap.
With this amount, I would start trading to try to increase the capital to at least $ 1000.
Short-term investing is little bit risky. Invest in some coins with a Huge potential. But with this market situation, it will take some time. With an amount like that coin must gain at least 20-50% percent to earn some profit.
Do some bounties.No risk at all. Earn more and Then you can invest more.
Does joining a bounty campaign have no risk? project scam or tokens can not list on the exchange it will be a risk that will be faced when a participant bounty campaign. Indeed bounty campaign does not have to spend money to start, in contrast to trading that must spend money when you start. But you will need a long time to joining the bounty campaign, and you can imagine when the project is a scam. Do some bounties.No risk at all. Earn more and Then you can invest more.
You listed short term trading but do you really know how to trade? How to read chart etc because it is the most important thing if you want to trade, if you can't then forget about trading as you'll lose your money instead. If you want to invest then you should pick a coin with good dev and future. You can do bounty while you wait for your investment to bear result.
I do both because investing and joining a bounty campaign can make a profit and I can earn money, so I can still earn passive income, although there are some bounty that ends unpleasantly
Which one is preferable short term trading or bounty campaign?
Have limited investment around $400.
Give me some suggestion!
Have limited investment around $400.
Give me some suggestion!
Do both man, believe in yourself. You can do it, just be serious about it and put a huge amount of effort and time. Be dedicated, I am sure that in no time you will be experiencing the benefits of doing both and will be happy with the results. It maybe hard and taxing at first but you will find that it is the best decision you can ever make. good luck
short term trading or investment actually day trading depends on markets caps price. when price is high then day trading is appropriate. but now price is very low then bounty campaign is very appropriate.
You can do both IMO, bounty campaigns are "light weight" and generally don't take much of your time (depending on the task you are enrolled in). While you are doing those tasks, you can day trade your investment.
You can participate in the bounty without investment. If you mean investing in ICO, then I think that it is better for you to choose day trading.
why do not you do both ? follow bounty campaign does not require capital even you can do trading without capital also because you can get it from bounty campaign, so it would be better to follow bounty and trading
I personally i trade cryptocurrencies and participate in the bounty companies, as well as trade cryptocurrencies does not bother me to participate in the bounty companies, these way of earning cryptocurrency complement each other and increase my profit almost in half. But in order to trade cryptocurrencies, you must have at least a little knowledge and experience in this area and you must take these factors into account when making a decision.
Short-term investing is little bit risky. Invest in some coins with a Huge potential. But with this market situation, it will take some time. With an amount like that coin must gain at least 20-50% percent to earn some profit.
Do some bounties.No risk at all. Earn more and Then you can invest more.
Do some bounties.No risk at all. Earn more and Then you can invest more.
Whichever way you go is the way and you can choose to use the both ways. Just ensure you make your research about a project very well before you invest both your time and money on any project because there are series of scams and time wasting campaigns all over now.
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