Quote from: Xising on October 07, 2018, 05:45:12 PM

Quote from: harastvo on May 16, 2018, 08:23:20 AM

Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
In this business I was not experienced, so I followed the advice of different traders and their signals.
In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency.
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?

Well, if I were you, the first thing I would do is cool off and step a little back, at least, that's the first thing I would do. I mean, I would surely get emotional if that would happen to me, since $1,000 is still a big amount of money, and it can still affect how much fund you are using either as capital or circulating in your investments and trade. After stepping back, I will study whatever mistakes I made or what actually affected and caused the loss, it is like one big blow, or is it an accumulation of many things? Then, after knowing that, the next thing to do is make use of what I have learned to try to get it back, but make sure that as you do that, you don't rush.

I think after losing 10k it would not be wise to start hunting bounties considering it wouldn't pay even fraction of that. For you to get that back I would start suggesting by finding ways to gather as much crypto as you can for as cheap as possible.

Depending on how much money you have you can start off with something like dash which would give you both increase in price if it goes up but also chance to "mine" it by just having it, you can of course check out other masternodes. Mining takes a lot of money to start whereas masternodes do not require you to have your capital tied anywhere and you can leave whenever you want.