Re: How do you comfort yourself after receiving token from the bounty program?
In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?
I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!
For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$.
)
So, how do you console yourself?
I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!
For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$.
)Bounty budgets are tough, because a lot of factors influence them. And the bear market is probably the biggest one. With time and experience in the field, you will start to get reasonable and accurate expectations.
I have written a detailed guide for understanding bounty budgets in my website. Feel free to check it out.