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Showing 20 of 37 results by happietappy
I have been following bitcoins for the past 4 years. i am an Enginner. i remember how bitcoin was introduced to Me. To be honest, i was thruogh ponzi. i used to deposit over 0.1,0.4 to earn 0.7 to 0.9 bitcoins and i made a lot of Money. then, suddenly i decided to go for the killer jackpot and stack all my btc for once. i can remember clearly when a friend was advising me NEVER TO PUT ALL My eggs in one basket. i refused to listen and insist that it is only by strong will can one survived.
Unfortunately I LOST EVERYTHING. IT was my life saving. Both my earning and my interest.
To cut the story short. i borrow money form the friend that was advising me not to stake everything. i need to pay back. But i will never depart from my lesson learnt from the bitcoin stuff. i bought another bitcoins last year august and keep it away from anything. i strongly believed that i will still get my money and my friends money.
Thanks to the current Market, I HAVE TO SELL EVERTHING TO PAY MY DEPTHS.
NOW I AM FREEEE.
Bitcoin is very volatile, adding gambling to it just adds more to the headache... newBs please stay away from crypto gambling.Unfortunately I LOST EVERYTHING. IT was my life saving. Both my earning and my interest.
To cut the story short. i borrow money form the friend that was advising me not to stake everything. i need to pay back. But i will never depart from my lesson learnt from the bitcoin stuff. i bought another bitcoins last year august and keep it away from anything. i strongly believed that i will still get my money and my friends money.
Thanks to the current Market, I HAVE TO SELL EVERTHING TO PAY MY DEPTHS.
NOW I AM FREEEE.
Nice to see you are finally free, hope you learnt your lesson
I don't think they are recognized as investors by anyone. But for regulatory purposes they are required to pass KYC sometimes in order to receive the tokens by the ICOs that want to be more strict with the rules.
While it's true that some projects requires bounty Hunters to complete kyc, some don't (only investors are allowed). I guess some ICOs don't consider bounty Hunters as "Investors" regardless of the amount of the and effort they invested.I normally see some crypto projects which promise Investors certain amount of dividend depending on how much coin/token they own.
The word "Investors" is normally used for people who own shares of a particular project/company, but in cryptocurrency this "shares" normally refers to coins/tokens, which makes me wonder if bounty/airdrop hunters are also considered "Investors" since they hold certain quantity of these coins/token
If we see it from that perspective bounty hunters that keep their coins are in fact investors, which is why in those projects that ask for you to confirm your identity, not only the investors need to go through this process but bounty hunters as well, and it makes sense because they are getting a part of the coin and of the possible dividends, if any, the difference is that investors put money into the project while bounty hunters put their effort and time.The word "Investors" is normally used for people who own shares of a particular project/company, but in cryptocurrency this "shares" normally refers to coins/tokens, which makes me wonder if bounty/airdrop hunters are also considered "Investors" since they hold certain quantity of these coins/token
I just keep wondering how some ICOs will differentiate "Investors" and bounty hunters when it comes to time to issue dividend
Bounty hunters investing time to promote those projects.But still they can´t be investors,they are supporters at least
I think i will choose to call them marketers 
It is those that bought the coin or token that are referred to as investors. If you check at the token distribution chart, you will notice that the tokens giving to bounty hunters are part of the marketing. So hunters are not investors although they hold the tokens which is the same as those bought by the investors.
Thanks for the detailed analysis, so bounty Hunters are just marketers
I normally see some crypto projects which promise Investors certain amount of dividend depending on how much coin/token they own.
The word "Investors" is normally used for people who own shares of a particular project/company, but in cryptocurrency this "shares" normally refers to coins/tokens, which makes me wonder if bounty/airdrop hunters are also considered "Investors" since they hold certain quantity of these coins/token
No, these are different things. Bounty hunters are people who earn crypto currency, performing certain tasks, and investors are people who buy crypto currency, investing in it real moneyThe word "Investors" is normally used for people who own shares of a particular project/company, but in cryptocurrency this "shares" normally refers to coins/tokens, which makes me wonder if bounty/airdrop hunters are also considered "Investors" since they hold certain quantity of these coins/token
No . often people in their stupidity and greed, on the contrary, kill the price of the coin that they were given as a reward.
Lol! this got me laughing, am guessing that you don't participate in bounties right?
Far from it, on a scale of 1 to 10 as investors, I will give them a two. The Bounty/airdrop hunters make up the group of people who dump their tokens at ridiculous low prices the moment a coin/token hits an exchange. Majority of them, have zero idea of the roadmap of the coin and hardly read the whitepaper.
It is true that I agree, investors are someone who holds the coins they buy for their future investments at prices that are very different from the bounty hunters, they are someone who tries to promote the ICO project to become famous in the future and get paid in his business for free , and they always throw away the coins they have after releasing to the market at a low price, how many people follow the campaign and they sell simultaneously, automatically those who invest are actually hampered by what happened, I don't like ICO because it is a dump, I hope everyone is smarter in utilizing what they get, because if it's good, it will be very profitable in the future.
Far from it, on a scale of 1 to 10 as investors, I will give them a two. The Bounty/airdrop hunters make up the group of people who dump their tokens at ridiculous low prices the moment a coin/token hits an exchange. Majority of them, have zero idea of the roadmap of the coin and hardly read the whitepaper.
While it's true that majority of bounty hunters dump their tokens almost instantly, i will love to defend with the following points1. These bounty hunters served ICO for months without any form of monetary reward, they probably pay for brandwidth and other necessity with their personal money, so they might be broke by the time such ICO coin/token hit exchanges and will want to make "quick money"
2. Some projects lack value/proper planning and bounty hunters don't care. They will rather dump and move on than to hold on to gems which gradually turns to stone
I do not think that the investors or the ico team thinks that way but definitely as they invest their time and work to market the ico we can safely say that they are vital part of a successful project not only that they also become community and keep supporting the project even after ico.
So are you basically suggesting that investors in the eyes of the ICO team are people that make monetary contributions?I normally see some crypto projects which promise Investors certain amount of dividend depending on how much coin/token they own.
The word "Investors" is normally used for people who own shares of a particular project/company, but in cryptocurrency this "shares" normally refers to coins/tokens, which makes me wonder if bounty/airdrop hunters are also considered "Investors" since they hold certain quantity of these coins/token
The word "Investors" is normally used for people who own shares of a particular project/company, but in cryptocurrency this "shares" normally refers to coins/tokens, which makes me wonder if bounty/airdrop hunters are also considered "Investors" since they hold certain quantity of these coins/token
I participate in airdrops/bounties on my smartphone alot of times cause bounties/airdrops is something i do in my free time anywhere (and am always moving with my smartphone). I decided to create this thread cause i know my case is not unique and i want others to contribute by telling what apps they find useful for bounties/airdrops hunters.
GOOD BROWSER: This is a requirement, obviously without it we won't be here personally i recommend chrome
GOOD WALLET: This is really important, after all you need to store your coins somewhere. They are alot of wallet on appstores depending on the coin/token you want to store (Coinomi, Trust, NEM, Enjin, IMtoken, O3 etc).
SOCIAL APPS: i mean Facebook, Telegram, Twitter, Discord etc... that's mostly where the work is.
EMAIL CLIENT: Gmail, Yahoo etc... Some bounty/Airdrop require signup, so you definitely need them
NOTEPAD: This is really useful for typing stuff and proof reading before posting. I don't currently have any recommendations cause they are alot of very good ones on the appstores.
CLOUD STORAGE: I have participated in airdrops where am asked to upload screenshot of my participation and i find cloud storage really useful. Personally i use Dropbox
CLIPBOARD MANAGER: More than 60% of work as a bounty/airdrop Hunter involve copy pasting, this can really make your work easier. Personally i use ClipStack (Android).
VPN: You never know when this will come handy ... I won't recommend any cause they are alot of free/paid ones on appstores.
Document Reader: This includes pdf reader and spreadsheet manager, you may not always use them but it's good to have them.
Kindly contribute what apps you use... hopefully someone finds this useful
GOOD BROWSER: This is a requirement, obviously without it we won't be here
personally i recommend chromeGOOD WALLET: This is really important, after all you need to store your coins somewhere. They are alot of wallet on appstores depending on the coin/token you want to store (Coinomi, Trust, NEM, Enjin, IMtoken, O3 etc).
SOCIAL APPS: i mean Facebook, Telegram, Twitter, Discord etc... that's mostly where the work is.
EMAIL CLIENT: Gmail, Yahoo etc... Some bounty/Airdrop require signup, so you definitely need them
NOTEPAD: This is really useful for typing stuff and proof reading before posting. I don't currently have any recommendations cause they are alot of very good ones on the appstores.
CLOUD STORAGE: I have participated in airdrops where am asked to upload screenshot of my participation and i find cloud storage really useful. Personally i use Dropbox
CLIPBOARD MANAGER: More than 60% of work as a bounty/airdrop Hunter involve copy pasting, this can really make your work easier. Personally i use ClipStack (Android).
VPN: You never know when this will come handy
... I won't recommend any cause they are alot of free/paid ones on appstores.Document Reader: This includes pdf reader and spreadsheet manager, you may not always use them but it's good to have them.
Kindly contribute what apps you use... hopefully someone finds this useful
Re: Any Crypto Newbie That Also Find Altcoin Trading Difficult
To really purchase BTC and ETH is very easy, some wallet even allow you to purchase with your credit card and deposit directly to your bank account. But it's not that easy to Exchange your altcoins for fiat. Is it the fact that altcoins are scattered in exchanges and you have to register in different exchanges that support the altcoin you want to trade or the fact that sometimes the price changes really fast and if you sell high it might take some time before your order get filled. I really find it really stressful/frustrating after all we went through alot of stress while participating in airdrop/bounty.
As newbie you should be careful in choosing which bounty campaigns to join with. Having lots of different coin is good as investment for the future but you should start learning the market properly especially the different exchanges if you are into trading. Altcoins have lot's of future just be patience and keep on learning, who knows you might keeping the best coin in your wallet.Thanks very much for the advice
Re: Any Crypto Newbie That Also Find Altcoin Trading Difficult
To really purchase BTC and ETH is very easy, some wallet even allow you to purchase with your credit card and deposit directly to your bank account. But it's not that easy to Exchange your altcoins for fiat. Is it the fact that altcoins are scattered in exchanges and you have to register in different exchanges that support the altcoin you want to trade or the fact that sometimes the price changes really fast and if you sell high it might take some time before your order get filled. I really find it really stressful/frustrating after all we went through alot of stress while participating in airdrop/bounty.
This is so true about BTC and ETH. I have a lot of alts from airdrop and bounty that are almost worthless in my wallet, no ease of transferring them or even exchanging them. The few exchanges in my country only support BTC and ETH, this leaves you with the stress of sending tokens to other exchanges like Binance before they can be traded.
I myself sometimes still face some difficulties when going to trading, especially when it is new tokens or coins from ICO. Moreover, I am still confused when the ICO uses their own platform and wallet. I'm still learning moreover when trading, I still use the very basic ways.
I find it a little bit earlier if the ICO uses it own Wallet and platform e.g Exchange Tokens... all i currently do is dump my token in the exchange for BTC or ETH at my preferential price and hope someday my order will get filled but the coin from the hash bounty can be sold on the forkdelta market, and there the coin is sold with the final result in the from of ethereum, and of course it can be sent supported in your country, so there are no useless results
Folkdelta is also an exchange, you trade altcoins for ETH... what am saying is if it will ever be possible to trade tokens directly for fiat
Re: Any Crypto Newbie That Also Find Altcoin Trading Difficult
Is the main problem is the difficulty of exchanging crypto into fiat? actually in every exchanger or wallet, there are instructions. You can search for "help" to help you do that.
I know but my complain is that exchanging BTC & ETH for fiat is easy compared to other altcoins. In most cases, most wallet support directly exchanging BTC & ETH for fiat based on it current price without having to go through trading on Exchanges. This kind of luxury is not available for most altcoins. As newbie, dealing with the volatility and complexity of trading can really be frustrating... but with time, everyone keeps getting better Re: Any Crypto Newbie That Also Find Altcoin Trading Difficult
If you are not that much acquainted with trading as a newbie, you might find it stressful to trade. I also experienced the same when i first started trading. Trading can be very interesting, if you can take your time to learn it and do not be in a rush while trading. I think this difficulty that newbies experience while trading, is what makes them to dump their coins, because they cannot bear the stress of placing orders as traders do. Once you know how to trade, the principle is the same on most exchanges.
Thanks for your opinion...I agree with your point, alot of we trading newbies just end up dumping our coins / token out of frustration without even caring about changing market price, experienced traders make profit due to our ignorance
As you suggested it's good advice all newbies should try and take their time to learn trading
Take note that ETH is an altcoin and almost or all exchanges listed this coin. Regarding with the others it depends on its team whether it will be listed in known exchanges. Basically, BTC and ETH proved that they're the kings in crypto that's why it is easy for us to trade with it.
In our country(PH), most of us are using an app(coins.ph) wherein it has an option to convert not just BTC and ETH, it also hsve the option to convert BCH and XRP to our fiat.
Never heard of coins.ph, is it open to users from other countries? heard that XRP is centralized and IMHO I don't like that, that's why i stay away from itIn our country(PH), most of us are using an app(coins.ph) wherein it has an option to convert not just BTC and ETH, it also hsve the option to convert BCH and XRP to our fiat.
All are difficult OP if you don't know how it works or what is the point of that so better to do if you are newbie is to try different wallets,trading site and different gambling here in crypto then if you already knowledgeable about this of course all will be easy and i also experience your problem when i'm newbie like i got tokens as a reward in campaign so i ask some veterans here in crypto like in myetherwallet that hard for me to use still i learn it because i find a way
Thanks for your suggestions will look into it... I just also wanted to here others people opinion
Re: Any Crypto Newbie That Also Find Altcoin Trading Difficult
I also feel the same when firstly coming in this crypto world. I learn everything about trading and investment from this forum, from site or youtube, and from other people story. In fact, trading and investing need the strategy. How we can arrange a good strategy will define our success. I think when we feel difficult when trading the altcoins into fiat because we mostly find loss and the price is now very unstable in the market. Sometimes, we buy more and then the price is slowing down. I also feel difficult to find out any exchange for my altcoins. So far, just learn and more information should be gained every time.
Thanks for voicing your opinion...Nice suggestion, i have also be watching different YouTube videos lately and am graduating learning... but to be honest some cryoto YouTuber don't create videos with newB in mind 😂
Ive read in a forum that fast change in prices can really make you an income if you are just vigilant and steady on monitoring.
I have also heard about this, i think it still all end up at buying low and selling high but at a fast pace... correct me if am wrong You are right trading on exchanges is not a simple process, usually you do not get the price shown as last price because there are many small orders and prices can vary, i think we need advanced swap type of exchanges where we get exact value of our exchange as shown.
This is exactly what I also which for, but I think this is just wishful thinking and very far from reality as far as altcoin is concern... correct me if am wrongI think FRAUD is the appropriate word IMO cause you were promised a reward for your effort. One probably wasted one's time and brandwidth and they is a saying that "Time is money"... so it's ok to say one wasted money... That's SCAM
Re: Any Crypto Newbie That Also Find Altcoin Trading Difficult
It does not take much as long as the coins are listed on exchanges, you just have to find out where the coins are listed and make sure that you have an account there. Then just sell the altcoins that you got from the airdrops and bounties for another coin like eth and bitcoin and then transfer those bitcoins to the wallet that lets your sell your crypto to fiat and take out the money
Wish it was that easy cause most of the time when a new coin arrive on exchange, prices will go low due to dumpers, if you sell, you might loss money. if you don't sell price might not pick up and might even go lowertrading is not the same as buying and selling and how easy that is. you may had had access to the easiest way to sell your altcoins for fiat directly and immediately but you still wouldn't have been able to earn any profit because that requires expertise.
it is not about buying some altcoin that is on top and bag holding it hoping it gives you profit. it is about knowing which coin out of the 2000 altcoins to choose at any time and also more importantly is to know when to dump that altcoin you bought instead of bag holding it while it loses value since whales dump on you.
it is not about buying some altcoin that is on top and bag holding it hoping it gives you profit. it is about knowing which coin out of the 2000 altcoins to choose at any time and also more importantly is to know when to dump that altcoin you bought instead of bag holding it while it loses value since whales dump on you.
I couldn't agree more, knowing when to hodl or dump is something all newB must learn before thinking about trading. Unfortunately for me am still learning and just currently guess and follow my instinct
of course difficult but if you learn how to trade with altcoins you can earn lot's of satoshi daily.
Thanks for your opinionRe: Any Crypto Newbie That Also Find Altcoin Trading Difficult
Most airdrops are not worthy of joining, but bounties are okay as long as the ICO is successful. Participants just need patience and time to get a good amount of money from the tokens. If they sell early, they will lose profits. Also, take the issue a positive, when Bitcoin and Ethereum price will go up, those bounty token price will get a huge pump too.
Thanks for the advice I only join airdrops. Not used to joining bounties expecially long term ones. Nowadays they they are alot of scam out there (was recently scammed in a project bounty) i will advise all newbies like me to always take their time before joining bounties, always look at the team. Be weiry of project that doesn't have any proper information about it team...
I think that a majority if not all of crypto newbies find it an uphill task to go about trading altcoins. Even some pros in the market find it difficult, talk less of newbies. I think that these newbies shouldn't be so eager to go into trading, at least until they are sure that they are skilled at it, and can go into it fully without fear.
True majority of us fail to understand that crypto is a different world entirely it's just a matter of learning and patience...I can relate to your feelings/stress but what we need is a ton of patience to be able to trade your altcoins to BTC/ETH or even fiat. Patience on waiting for your order to be filled or else you gonna end up selling it low, quick but low price.
Thanks for the adviceRe: Any Crypto Newbie That Also Find Altcoin Trading Difficult
Altcoin prices are too volatile to pair against fiat, that's why you can only exchange a few coins for fiat.
But cryptocurrency in general are volatile, i only know of some few non volatile coins (stable coins), i with a well thought out plan from dev this is possibleIf you want to get your money out of altcoins convert it to BTC/ETH or whatever and sell that. We are a ways off from being able to exchange altcoins for fiat on a large scale.
I know this is the reason behind my ranting i see it more like gambling which you can't predict.. if you sell high your order might not be filled, if you sell low you might loss money.. I think i will just need to have more patient and hodl token for at least 6months Re: Any Crypto Newbie That Also Find Altcoin Trading Difficult
To remove the stress then simply don't join any of those airdrops and bounties.
Before you hop in crypto market I'm sure that you know that various altcoins are listed to different exchanges. And you can't be sure of it if all of those airdrop tokens you've got will be listed anywhere of those. But you are going there of starting yourself in trading, don't tell its difficult because that's part of growing.
Thanks for the suggestion, but if I don't join i feel i might end up regretting...Before you hop in crypto market I'm sure that you know that various altcoins are listed to different exchanges. And you can't be sure of it if all of those airdrop tokens you've got will be listed anywhere of those. But you are going there of starting yourself in trading, don't tell its difficult because that's part of growing.
Over time i have learnt how the system works, i am just voicing my honest opinion on how i feel about it since am a newbie and am pretty sure other newbies feel the same. Am still learning and it's just a matter of time before i get used to it...
Forgive me guys if i made a mistake by posting this