In my mind, signature campaign is an easy way to get started and earn some coins, but most campaigns are only open to high ranked users. some campaigns however, do accept newbies, like me. and i have noticed that most of those campaigns are about a new altcoin, and pays in that certain type of altcoin, which requires me to get a wallet of theirs. Any thoughts on whether its a good idea to participate in those campaigns or potential riskes?
I'm afraid that even if its an altcoin signature campaign, Most of the participants are at least junior member and a junior members pay rate is pretty low.
Participating in altcoin signature campaign is quite risky because some of them don't pay out, or the coin can turn out a failure or even a scam.
The good thing about this is if the coin turned out to be good then you will certainly get profits from it that you can exchange for btc. And if you're a trader, you can use the coins you earned in trading.
If you're still planning to join an altcoin signature campaign, you better do some research about the coin first, But it is recommendable to just join a bitcoin signature campaign cause many campaign has already proven paying plus bitcoins price is volatile and it is the most stable cryptocurrency