Post
Topic
Board Beginners & Help
Re: For newbie, Why I choose bounty over ICO?
by
Hamphser
on 29/03/2018, 20:54:40 UTC
Hello newbie,

I wanna share my experience with you about bounty/ ICO. In December 2017, there was so many ICOs that you could get x10 or x20 profit.  Grin

However, It was competitive to join in those hot ICO because of whitelistiing and gas war battle. I finally found one and get whitelisted. It guaranteed that every whitelisted member can contribute with 1ETH. The market started to bearish in early Februry, I decided to contribute 0.5 ETH, at the same time, I also joined 1 bounty. As of today 03/23, the free tokens i got from bounty are still same price of ICO, but the tokens I bought from ICO goes down from 0.0005 ETH to 0.0002 ETH.  Cry

I realized that many ICO just goes down when they hit the exchange, with that experience, I mostly join bounty.
You have nothing to loose to join bounty but extra income.  Cheesy

Do you have any experience with your ICO or bounty?

I think ICOs are just a gamble. If you are lucky then you'll get x10 or x20 profit. And even getting x2 profit is not already bad because at least you earned something. But the issue here in bounties is there are also scam bounties where you won't get rewarded with the expected amount and at the worst case, you won't get rewarded at all. The best thing to avoid these things is to do research before investing in ICOs and joining bounty campaigns.
Becoming a gamble when you haven't done your assignment on researching up things. ICO investments are worth but finding the potential projects would be the hardest one and this is why we do always presume and invest basing with our intuition which isn't really right at all.When it comes to profitability then ICO would really give you some serious profits but we do all know that this investment would really require money which isn't really available on each person.