Pages:
Author

Topic: You Can't Be Jobless And Be Participating In Bounties - page 4. (Read 2094 times)

member
Activity: 442
Merit: 11
Truth be told. You can't be jobless and be doing bounties. You will starve  Grin

My advice is to just see bounties as a pass time and don't be too expectant. Find some other job that gives you money. So many factors determine if you will get good rewards from bounties. For instance, when it lists, the price is out of the control of the team (unless they decide to do a buyback which rarely happens). The price of the token can rise if there is a lot of demand for it when it lists. But most times (since the bear run) the demand is low and to make it worse, several holders set ridiculously low prices just to sell off which devalues the coin.

Another factor that determines your reward is the authenticity as well as the success of the team and its project. Many campaigns have closed down in the past after several months of working on them only to announce that they failed to raise enough funds for the project. Worse case is the team devs exit scam and no one gets paid.

Project owners can also decide to execute their "reserved rights" by changing the rules at the end of successful campaigns. Rules changes can usually mean bounty rewards are reduced, locked, subjected to uninformed KYC checks, or distributed over a very long period of time.

If you consider all this then you will see that bounty campaigns are a gamble and cannot be always relied on to provide regular income for people participating in it. Those that participated in Deex bounty campaign (which ended in January 2019) are still waiting for their rewards (3 months after) and the devs are not communicating any date for the distribution. If you ask them they will say "soon". They have been saying "soon" since January, by the way. I'm not trying to slander the project or anything. I'm just advising fellow bounty hunters to try to get something else to do that will fetch them money and not to rely too much on bounty campaigns for payments.
Of course, money is always needed and stability in earnings is the main task.  A headhunter at the beginning of his journey will certainly not be able to feed himself and it is desirable to have an additional source of income.  But over time, when there are already earned awards and accumulated experience, you can earn money and make only company bounty, thus you will have more time and focus on one business.
Yes, I am also waiting for good news from the company DEEX.
jr. member
Activity: 728
Merit: 2
On this issue, to some they can fully rely on it and they have proven beyond doubt that they can live off bounties, while to some its  believed one can't take bounty as a full time job. I have seen people who have raise solid capital for other businesses from bounties without having any regular job. My advice to hunters is do what's best for you and remember that to be a good hunter you need connections for good information on getting good paying bounties.
sr. member
Activity: 1848
Merit: 298
Buzz App - Spin wheel, farm rewards
I was a student while I started with bounty. It helped pay my fees. Now I'm employed and receive monthly salary and bounties are now cherry on the top of my cake.
Bounty are saving my cash as I'm using bounty bitcoins to buy tokens I believe in. If I were not to participate in bounty I needed to have redeemed my cash as coin for investment.
copper member
Activity: 224
Merit: 0
Why can't you participate in bounty if you are jobless , it is even better for the jobless people to participate to get the reward as a kind of salary to cater for your going in life so it will be better to be doing it for life living.
full member
Activity: 1260
Merit: 100
Lol, true that. We better to become a crypto trader as our main job than a bounty hunter.
Joining bounty campaigns won't make you rich, many of projects is not good, the token price you get from reward won't even same as ICO price.
member
Activity: 504
Merit: 10
Participation in bounty doesn't guarantee receipt of awards, in some companies this is written in regulations. Most of coins that you receive for participation in bounty will be very cheap or will not have a price. It will take a long time for these coins to rise in value or maybe over time they will at all depreciate. There is no guarantee that you will get high profits. Bounty is not a job, but rather a lottery in which some get a lucky ticket.
sr. member
Activity: 980
Merit: 252
Truth be told. You can't be jobless and be doing bounties. You will starve  Grin

On the one hand I agree with You but on the other hand there is a positive side.If You have an account with a good rank or you participate in a large number of bounties then maybe you will not die of hunger).
member
Activity: 1260
Merit: 21
Don't relay on bounty as a major source of income, am a bounty hunter and still have an offline job that generate me income, doing bounty is a way to support my earnings, people take up to 3 jobs just to sustain their expenses, even if you are jobless maybe could be temporary until you can secure yourself another job, but depending on bounty alone without a job is not advisable.
member
Activity: 756
Merit: 14
Its a different story for everyone on here friend ,some will say bounties is enough and better than job simply because most of the bounties they promote turned out to be good and some otherwise ,my own point of view about bounties is it did takes long time even after you pick the right projects ,bounties is better as side job not full time
member
Activity: 756
Merit: 12
Bounty campaign can't be considered as full time job but if you want to earn extra income then join it and always follow the rules. If you are jobless then you had more time to work on bounty campaign but it is not advisable to consider it as a full time job and rely on it for income. You still have to find stable employment that will give you financial security.

Indeed, its good doing bounty because we can earn extra money and helping the project to reach the target. We can do bounty in our idle time and i think bounty hunters who did hunters 2017 have a good memory because most token and coin price rising more than 5x.
full member
Activity: 574
Merit: 100
Truth be told. You can't be jobless and be doing bounties. You will starve  Grin

My advice is to just see bounties as a pass time and don't be too expectant. Find some other job that gives you money. So many factors determine if you will get good rewards from bounties. For instance, when it lists, the price is out of the control of the team (unless they decide to do a buyback which rarely happens). The price of the token can rise if there is a lot of demand for it when it lists. But most times (since the bear run) the demand is low and to make it worse, several holders set ridiculously low prices just to sell off which devalues the coin.

Another factor that determines your reward is the authenticity as well as the success of the team and its project. Many campaigns have closed down in the past after several months of working on them only to announce that they failed to raise enough funds for the project. Worse case is the team devs exit scam and no one gets paid.

Project owners can also decide to execute their "reserved rights" by changing the rules at the end of successful campaigns. Rules changes can usually mean bounty rewards are reduced, locked, subjected to uninformed KYC checks, or distributed over a very long period of time.

If you consider all this then you will see that bounty campaigns are a gamble and cannot be always relied on to provide regular income for people participating in it. Those that participated in Deex bounty campaign (which ended in January 2019) are still waiting for their rewards (3 months after) and the devs are not communicating any date for the distribution. If you ask them they will say "soon". They have been saying "soon" since January, by the way. I'm not trying to slander the project or anything. I'm just advising fellow bounty hunters to try to get something else to do that will fetch them money and not to rely too much on bounty campaigns for payments.

Its totally correct. Crypto is very unpredictable and uncertain. You can't just depend your future to something that is uncertain. Look for a stable job and then do crypto. Just do it during your free time. Its like a hobby. You can earn from it if your lucky. Its like a part time job. Its always good to know you have something to fall back on.
full member
Activity: 630
Merit: 100
The only time you can be jobless and participate in bounties is if you are looking for real work during the day and then doing these bounties in the evening when there is nothing else to do
member
Activity: 588
Merit: 11
Bounty campaign can't be considered as full time job but if you want to earn extra income then join it and always follow the rules. If you are jobless then you had more time to work on bounty campaign but it is not advisable to consider it as a full time job and rely on it for income. You still have to find stable employment that will give you financial security.
member
Activity: 663
Merit: 10
https://streamies.io/
That's right. I did this job for a year and a half and I really didn't get as much money as what my friend said. The fact is we also get more scorn from project owners and they continually delay distribution.
It really annoys me and feels our efforts are meaningless. I hate this and I want to make some money to trade.
full member
Activity: 672
Merit: 100
To me, bounty is a way of getting some extra cash and its not worth a full time job because the income is not passive. I have participated in some bounties that took up to 3 months and I didn't get a dime from it. With that one should at least get a job and see bounty as a means of getting extra income.
sr. member
Activity: 1078
Merit: 354
Truth be told. You can't be jobless and be doing bounties. You will starve  Grin

Definitely. Bounties can be a small source of income, but never the primary source. Even if you did every social media bounty for every coin, I doubt you'd make enough to live on. Maybe you could back in 2017, but nowadays that would be extremely unlikely.
full member
Activity: 574
Merit: 100
Yes, Bounties is a source of money but it is good only for extra income much better to have a stable job that can provide daily needs. Also bounty takes time before you can have your payment we're going to starve if we don't have a stable job.
jr. member
Activity: 119
Merit: 2
bounty is not to be regarded as a full time job , but in the case where there is nothing else to be done at that time instead of staying idle i will do bounty and receive the one that pays  the one that does not pay i will move on .But i have to be selective in choosing bounties.
full member
Activity: 467
Merit: 100
Its definitely true. You can't trust bounties one hundred percent hence its risky. Cryptocurrency can make you lose or gain money but its not a reliable source of income so you can't be jobless and participating in bounties always.
fvb
member
Activity: 1470
Merit: 13
Work at home, in a comfortable environment, always attracted me.  Where there are no bosses and you are your own master.  In the beginning, when you just started to engage in bounty, the income will be small.  But as you develop and understand how it works, you begin to develop and find new sources of income.
Pages:
Jump to: