This is applicable to everyone in the crypto space, not to attempt to do more than they are capable of doing.
- For crypto traders, miners and investors, invest only what you can afford to loose. Do not invest all your money into crypto, believing that you will wake up one day to get a multiplier factor on your profit. It is either you have profit or loss.
- For bounty, participate in projects you can finish at a time. If you combine too many projects together, you might end up not getting anything reasonable from all the projects. I wonder some times when i see spreadsheets where some have 0 stake almost all through.
agree with you on the first, Crypto is a financial investment, is a venture capital. That is the rule of venture capital. You should invest only 10% of the money you have, and if the risk you will lose all that money and it will not affect your life. Or if your risk tolerance is higher than 10%, you can invest more than you want.
With the second thing, I don't agree, bounty has a lot of scam projects. And nothing is certain with bounty. I do a lot to minimize the risk of being scammed. Instead of doing little and sure.