I'm just new on bounty campaign just like you. i read some thread about it and learned some lessons i just want to share what i have learned.
When joining a bounty it gives you a hyped, because you can say that you can get a free a money after a month or two, however there are many things to remind you when joining a bounty.
The Work
Read carefully - when you applying on some bounty campaign take your time and pay attention to read all the instructions or you'll end up being disqualified.
The Waiting Period
- Two weeks distribution after ICO - mostly bounties are done for about 2 months of work, bounty participants get their reward after 2 weeks after the ICO but sometimes way longer than that.
- Selling to Exchanges - Most ICOs after the bouny campaign is done, you cannot sell your token yet because they are not listed on the exchanges sites yet.
- To get listed on Exchanges - Another thing to consider is you need to wait for the tokens to be listed on Exchanges. The waiting time is not longer than the ICO maybe 1 - 2 months of waiting. some are shorter than that.
The Price of the Tokens
The Gemstones - Coins that has a high prices after the ICO, I called it Gemstones because these category of tokens are usually the most successful one and mostly the project goes well after the ICO. you can get more money by hodling it. But wait, the price could get low when the project faced a problem or something like that.
The Pyrite - Pyrite's metallic luster and pale brass-yellow hue give it a superficial resemblance to gold, hence the well-known nickname of fool's gold.
so what's the relationship of Pyrite to the ICO? well Some coins has expensive price when it hits the exchanges at the beginning but later on it turn out to be trash. some called it Trashcoins and most of them never recover at the end so the prices remain low until now. you better sell it fast when you get it.
The Rock - Basically you can't sell rock itself. A.K.A the Shitcoins these coins are don't even have a prices because their not even listed on the exchanges probably the ICO are made just to scammed or the project has failed because the soft cap has never reach.
Conclusion - You need to choose the right Bounty Campaign to join or you'll end up doomed and wasted your time.
These are my opinion after reading some of the thread shere on the forums about Altcoins, i maybe skip some important things but i hope it helps you guys.
Hello! Good article! I'm interested in the them of ICO and crypto-currency, I'll subscribe to your channel. I hope you will also like my content and reviews of the most profitable bounties and ICO, subscribe to me @toni.crypto
There will be a lot of interesting!
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Nice. Thanks for taking your time to write and share this.
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