Invest or bounty?

[bitbit97]

I would say that it will be better if you would decide how much you value your free time or how much it cost. You see, investing require a starting capital, which you can lose in case of a failure. Participating in bounties only cost your free time. If you have plenty of it, go ahead, take part in some campaigns, if you dont (but have money), then go with investing, as it will require free time only at early stage when you make decisioun where to invest.

It is better to invest the money you earn to buy bitcoin because if you rely on bounties it will not be as valuable unless the signature campaign may be a little what is generated.

I myself prefer to start investing even though it requires initial capital, we can also start from small numbers and continue to accumulate until the amount becomes large in this way you will not be heavy investing the DCA method so more people this way.

It is up to everyone. It is either you spend money, or free time. Both investing and bounties can be worth doing, it just depends on what you can allow to spend. For me investing is sort of a "spend today, have a chance to get a lot in future», when bounties is «spend time today, tomorrow and until you are tired, to have a chance to either have a lot in future, a little bit every week or month». That is why I do both. While I have resources, I will do both. In this race, I will bet on two horses.

[DabsPoorVersion]

Many people think the same, investing in bitcoin is the best investment because bitcoin is volatile. If we buy bitcoin when it is bearish and hold until the next bullish period in about 3 years we will get very large profits.

Yes you are right. bitcoin is volatile. But it's important to know when to buy it. What if Bitcoin doesn’t rise to these highs?

If that happens, what you need to do is to continue to accumulate as much as you can. Take this as an opportunity to invest if ever that Bitcoin does not increase its price in your expected time. Don't ever take this as a sign of not investing, take this as your chance to increase your holdings. The bearish market might feel like long enough to recover but it will be worth the wait once the rally stars again.

[salad daging]

I would say that it will be better if you would decide how much you value your free time or how much it cost. You see, investing require a starting capital, which you can lose in case of a failure. Participating in bounties only cost your free time. If you have plenty of it, go ahead, take part in some campaigns, if you dont (but have money), then go with investing, as it will require free time only at early stage when you make decisioun where to invest.

It is better to invest the money you earn to buy bitcoin because if you rely on bounties it will not be as valuable unless the signature campaign may be a little what is generated.

I myself prefer to start investing even though it requires initial capital, we can also start from small numbers and continue to accumulate until the amount becomes large in this way you will not be heavy investing the DCA method so more people this way.

It is up to everyone. It is either you spend money, or free time. Both investing and bounties can be worth doing, it just depends on what you can allow to spend. For me investing is sort of a "spend today, have a chance to get a lot in future», when bounties is «spend time today, tomorrow and until you are tired, to have a chance to either have a lot in future, a little bit every week or month». That is why I do both. While I have resources, I will do both. In this race, I will bet on two horses.

Yes, they have the ability to do both, after all, this is not a difficult task as long as we can be diligent then the opportunity to get value is always there even always on the saying "Hard work will not betray its results" maybe here we understand enough that it depends on the resources that individuals have.

I was able to do both, first investing with little capital and then growing and now still able to survive and will continue to hold it.

Secondly, doing bounty work, airdrops and so on because it has been felt that when we continue to do it, we will get results even though it is not balanced, but again I say it is balanced and even got a $500 airdrop that was never expected.

[bhadz]

I've done bounties and I was just fortunate that the ones I've joined were good and successful. I have some few that didn't got that success or I just missed it because when they're on their highs, I didn't sold any of them and I guess it's the same story as the others. As for investing, it's always been recommended to do that when you have money and you can attain to put your money at risk because not all people are for it and if you're not for it then don't invest or just do it with the amount you can afford to lose.

[JoyMarsha]

Many people think the same, investing in bitcoin is the best investment because bitcoin is volatile. If we buy bitcoin when it is bearish and hold until the next bullish period in about 3 years we will get very large profits.

Yes you are right. bitcoin is volatile. But it's important to know when to buy it. What if Bitcoin doesn’t rise to these highs?

There is no way bitcoin will not rise to its high price. It is a known fact bitcoin will increase in price during its bull run, even if it had a decline in price during the bearish market.

For instance, those who bought bitcoin during its ATH($67k) in 2021, haven't bitcoin skyrocketed above that price now after close to 3 years.

For someone who is patient and can hodl bitcoin for long, any price he or she bought bitcoin at, bitcoin will surely skyrocket more than that price. It is just a matter of time and being patient enough not to sell at a loss price.

[Sevi]

 Many of us think are the same but were not and for me Investing is the best investment in bitcoins or any platform of currency because we all know price is volatile and no one can predict it.

[taufik123]

Many of us think are the same but were not and for me Investing is the best investment in bitcoins or any platform of currency because we all know price is volatile and no one can predict it.

Do everything including investments that certainly require capital first.
Actually, not only bounty, working on various kinds of airdrops will also be an advantage in the future.

There are more airdrops nowadays that provide considerable rewards if done consistently and have a large following.
Investment will be supported by bounty or airdrop income, because I do that.

[bounceback]

Do everything including investments that certainly require capital first.
Actually, not only bounty, working on various kinds of airdrops will also be an advantage in the future.

There are more airdrops nowadays that provide considerable rewards if done consistently and have a large following.
Investment will be supported by bounty or airdrop income, because I do that.

Bounty and airdrop will more profitable in the future, could be main income or get capital for trading after receiving airdrop reward worth up fantastic how many user airdrop currently get more than $100 to $1000 every airdrop distribution. I think need consistency when joining bounty or airdrop not the first time we will get much reward,
some time the airdrop or bounty participants waiting for several months later for taking JP with bigger reward receiving, if loss patience when joining airdrop I think very difficult to earn much reward and just hype awhile when the other get much reward get consistent but few week without any distribution yet will stop awhile.

[Dr.Bitcoin_Strange]

There are more airdrops nowadays that provide considerable rewards if done consistently and have a large following.
Investment will be supported by bounty or airdrop income, because I do that.

@taufik123, If I remember correctly, in the past, airdrops were very profitable, but this time around, the percentage of fake and scam airdrops is so rampant that only a few real projects are doing airdrops, and it will be very difficult to even know which one is legit.

I don't waste my time on airdrops any longer because it consumes time and data, which may eventually become a fake airdrop. I'd rather invest and handle my asset security paramountly while still doing other real jobs in the outside world. 

[legend45]

There are more airdrops nowadays that provide considerable rewards if done consistently and have a large following.
Investment will be supported by bounty or airdrop income, because I do that.

@taufik123, If I remember correctly, in the past, airdrops were very profitable, but this time around, the percentage of fake and scam airdrops is so rampant that only a few real projects are doing airdrops, and it will be very difficult to even know which one is legit.

I don't waste my time on airdrops any longer because it consumes time and data, which may eventually become a fake airdrop. I'd rather invest and handle my asset security paramountly while still doing other real jobs in the outside world.

I agree with you, many airdrops are worthless nowadays, that's why I don't really like joining airdrops because for me it's a waste of time. I prefer to do daily trading and participate in bounty campaigns.

[DabsPoorVersion]

There are more airdrops nowadays that provide considerable rewards if done consistently and have a large following.
Investment will be supported by bounty or airdrop income, because I do that.

@taufik123, If I remember correctly, in the past, airdrops were very profitable, but this time around, the percentage of fake and scam airdrops is so rampant that only a few real projects are doing airdrops, and it will be very difficult to even know which one is legit.

I don't waste my time on airdrops any longer because it consumes time and data, which may eventually become a fake airdrop. I'd rather invest and handle my asset security paramountly while still doing other real jobs in the outside world.

I agree with you, many airdrops are worthless nowadays, that's why I don't really like joining airdrops because for me it's a waste of time. I prefer to do daily trading and participate in bounty campaigns.

However, if you are not informed, since the beginning of the rally since last year, 2023, profitable airdrops have actually made a comeback. I'm not entirely sure of the list, but as far as I know, most airdrops are still related to NFTs and some are about memecoins. That's what I saw from the community I have been part of since I started knowing cryptocurrency.

Information such as where they join and the steps of those airdrops they do. However, I am not doing it anymore as some of those airdrops require a sum of money to start with. There are also some airdrops where you need to purchase a node and run it for a certain period of time then after the duration, you will receive an airdrop.

[taufik123]

@taufik123, If I remember correctly, in the past, airdrops were very profitable, but this time around, the percentage of fake and scam airdrops is so rampant that only a few real projects are doing airdrops, and it will be very difficult to even know which one is legit.

I agree with you, many airdrops are worthless nowadays, that's why I don't really like joining airdrops because for me it's a waste of time. I prefer to do daily trading and participate in bounty campaigns.

In fact, the percentage of legitimate scams and airdrops with commensurate rewards will differ greatly and more are scams.
But you can do some analysis and I joined a local group of mine that did share airdrops that really got real results.

Some airdrop incentives for early adopters such as doing tesnet and doing other work on new chains, then you will get a considerable reward.

For example, ENS has a reward of -+$7k, Optimism -+$2k, ARB -+$6k and many more.
There is no airdrop that gives results, because of the lack of research and exploration so you are left behind and even now there are still many potential airdrops that will provide great rewards.

However, if you are not informed, since the beginning of the rally since last year, 2023, profitable airdrops have actually made a comeback. I'm not entirely sure of the list, but as far as I know, most airdrops are still related to NFTs and some are about memecoins. That's what I saw from the community I have been part of since I started knowing cryptocurrency.

NFTs and memecoins are indeed quite dominating, last I got the RUNESTONE airdrop which is the NFT with the largest block size in Bitcoin Ordinal.
Earned 1 NFT because I contributed in the early adopter of Bitcoin Ordinal and held 3 NFTs in my ordinal wallet.

1 RUNESTONE NFT is currently worth around 0.053 BTC or Around $3500++ and this continues to rise as it will get a memecoin airdrop after the Halving.

[legend45]

However, if you are not informed, since the beginning of the rally since last year, 2023, profitable airdrops have actually made a comeback. I'm not entirely sure of the list, but as far as I know, most airdrops are still related to NFTs and some are about memecoins. That's what I saw from the community I have been part of since I started knowing cryptocurrency.

Information such as where they join and the steps of those airdrops they do. However, I am not doing it anymore as some of those airdrops require a sum of money to start with. There are also some airdrops where you need to purchase a node and run it for a certain period of time then after the duration, you will receive an airdrop.

There are still airdrops that are valuable, but we also know that analyzing which airdrops are worth it is a difficult thing to do. Because most of the projects are new and every day we see tens or even hundreds of airdrops in their groups. The task also takes a lot of time.

[bayu7adi]

Do both, by investing the bounty money you will double your profits if you have the right strategy and good luck. Currently the most interesting thing in crypto to make a profit is by trading and investing, whereas as long as bounties cannot provide a permanent income I think this will always be the right decision so that everyone should try investing or trading.

Holding is easier, and that's also what some rich people in the world do... the difference is that they (rich people) know the market thoroughly and they also have better knowledge. So we as retail investors can only rely on luck and to get a bullish moment from the effects of market manipulation.

[Dr.Bitcoin_Strange]

I agree with you, many airdrops are worthless nowadays, that's why I don't really like joining airdrops because for me it's a waste of time. I prefer to do daily trading and participate in bounty campaigns.

I quit hunting for airdrops long time ago because most of them are just as you've stated, a complete waste of time, even though a few can actually prove to be worth the effort.
I've also quit bounty because bounty is almost same as airdrops, a lot of bounty campaigns can also prove to be a waste of time as you won't make anything out of the tokens, some campaign managers even end up disappearing with the funds meant to be distributed to the participants, and sometimes the project owners even refuse to pay at the end of the campaign. That can actually be so frustrating, and that's why I also decided to call it a quit.