Topic: Bounty Rewards: Sell immediately or HODL? - page 105. (Read 7179 times)
I try not to sell coins/tokens unless I really need the money to invest in a new coin or ico or if there are some bad news about team/coin and I see no future for it. As I see it the more coins/tokens I have the bigger chance it is I will be filthy rich one day..lol
Sell the token or hold it are all the reasonable choice for a guy. For me, I joined a lot of airdrop or bounty in 2014, such as mooncoin, faircoin, enerycoin and a lot of other coins.
Some of them I hold not long time, some not. When I check them in last years. I found nearly 90% of them are not "exist". No treading and no one care about that.
Only a little coins are still alive and give me great return. So I can't say sell or HODL which is a good choice, it is depend on probability.
Some of them I hold not long time, some not. When I check them in last years. I found nearly 90% of them are not "exist". No treading and no one care about that.
Only a little coins are still alive and give me great return. So I can't say sell or HODL which is a good choice, it is depend on probability.
If you strongly believe that is a really good project (good coin/ token), you should hold at least 1 year to multiply your profit
Otherwise, sell it all.
Yes your right but if the coin/token are not good for you you need to sell it, and make it research also to make more idea.Otherwise, sell it all.
That is the best way to fully exploit your profit from the project. Or if you find that your project is no longer functioning, it means that they will not have the potential to be on the big floor. Sell them now.
If you strongly believe that is a really good project (good coin/ token), you should hold at least 1 year to multiply your profit
Otherwise, sell it all.
Yes your right but if the coin/token are not good for you you need to sell it, and make it research also to make more idea. Otherwise, sell it all.
If you strongly believe that is a really good project (good coin/ token), you should hold at least 1 year to multiply your profit
Otherwise, sell it all.
Otherwise, sell it all.
Lots of people who live in less fortunate parts of the world, particularly in areas with high unemployment, probably NEED to sell their bounty rewards to put food on the table and pay their bills.
But I really don't know if my assumptions are correct. So, my question to you is...
Do you sell your Bounty Rewards straight away or HODL? Any insight into your reasons would be appreciated.
But I really don't know if my assumptions are correct. So, my question to you is...
Do you sell your Bounty Rewards straight away or HODL? Any insight into your reasons would be appreciated.
My country fits the description so I'm going to comment on this. And you're right, they don't even hold Bitcoin so why would they hold any tokens they get from some bounty campaigns? Yes, they need the money so they'll just sell their rewards for some ETH then sell it for some cash. Even when so many people say that their tokens will rise in value. They're still young though, most of bounty hunters I know is ranged between 18-25 yo. So that's also might be the case why they're always sell their rewards right away.
And same with me, I got my first token from an airdrop last month (POLY) and sold them yesterday when I finally understand enough about how Etherdelta works. Even with BTC -I get paid in BTC monthly by some company- I almost never hold it for long even though I don't need the money at all. Thus saving some coins every month will be my resolution of 2018.
I've been doing bounty campaigns only since December 2017. Not long, in the scheme of things. But one thing that truly surprised me during the last couple of months is the number of bounty hunters who look to sell their tokens ASAP. At first, I didn't understand why, but I think I'm beginning to.
For me, I'm doing these bounty campaigns for a bit of fun and to give my mind a bit work to do, creatively speaking. So my mindset for any bounty tokens is just to HODL and allow the devs to implement their roadmap and take the project through to completion. I think this will give the best realisation of value on the tokens. Sure, some may fail and they will likely end up worthless, but since I only invested time, not money, into receiving them, I'm not really worried.
So with that mindset, I struggled to understand why so many people were eager to offload their bounties at the earliest opportunity.
But over the weekend, I sat down and did some calculations on the accumulated bounty rewards I'm expecting to receive. Each bounty by itself was a modest return, but when combined in totality, it was a sizeable amount. And that's when it struck me...
Lots of people who live in less fortunate parts of the world, particularly in areas with high unemployment, probably NEED to sell their bounty rewards to put food on the table and pay their bills.
But I really don't know if my assumptions are correct. So, my question to you is...
Do you sell your Bounty Rewards straight away or HODL? Any insight into your reasons would be appreciated.
For me, I'm doing these bounty campaigns for a bit of fun and to give my mind a bit work to do, creatively speaking. So my mindset for any bounty tokens is just to HODL and allow the devs to implement their roadmap and take the project through to completion. I think this will give the best realisation of value on the tokens. Sure, some may fail and they will likely end up worthless, but since I only invested time, not money, into receiving them, I'm not really worried.
So with that mindset, I struggled to understand why so many people were eager to offload their bounties at the earliest opportunity.
But over the weekend, I sat down and did some calculations on the accumulated bounty rewards I'm expecting to receive. Each bounty by itself was a modest return, but when combined in totality, it was a sizeable amount. And that's when it struck me...
Lots of people who live in less fortunate parts of the world, particularly in areas with high unemployment, probably NEED to sell their bounty rewards to put food on the table and pay their bills.
But I really don't know if my assumptions are correct. So, my question to you is...
Do you sell your Bounty Rewards straight away or HODL? Any insight into your reasons would be appreciated.
Half sold, the rest is HODL. sell at the right time, for example when the Token is listing to the exchange.
I've been doing bounty campaigns only since December 2017. Not long, in the scheme of things. But one thing that truly surprised me during the last couple of months is the number of bounty hunters who look to sell their tokens ASAP. At first, I didn't understand why, but I think I'm beginning to.
For me, I'm doing these bounty campaigns for a bit of fun and to give my mind a bit work to do, creatively speaking. So my mindset for any bounty tokens is just to HODL and allow the devs to implement their roadmap and take the project through to completion. I think this will give the best realisation of value on the tokens. Sure, some may fail and they will likely end up worthless, but since I only invested time, not money, into receiving them, I'm not really worried.
So with that mindset, I struggled to understand why so many people were eager to offload their bounties at the earliest opportunity.
But over the weekend, I sat down and did some calculations on the accumulated bounty rewards I'm expecting to receive. Each bounty by itself was a modest return, but when combined in totality, it was a sizeable amount. And that's when it struck me...
Lots of people who live in less fortunate parts of the world, particularly in areas with high unemployment, probably NEED to sell their bounty rewards to put food on the table and pay their bills.
But I really don't know if my assumptions are correct. So, my question to you is...
Do you sell your Bounty Rewards straight away or HODL? Any insight into your reasons would be appreciated.
## If this post has been thought provoking for you, I'd really appreciate a bit of Merit in return ##
For me, I'm doing these bounty campaigns for a bit of fun and to give my mind a bit work to do, creatively speaking. So my mindset for any bounty tokens is just to HODL and allow the devs to implement their roadmap and take the project through to completion. I think this will give the best realisation of value on the tokens. Sure, some may fail and they will likely end up worthless, but since I only invested time, not money, into receiving them, I'm not really worried.
So with that mindset, I struggled to understand why so many people were eager to offload their bounties at the earliest opportunity.
But over the weekend, I sat down and did some calculations on the accumulated bounty rewards I'm expecting to receive. Each bounty by itself was a modest return, but when combined in totality, it was a sizeable amount. And that's when it struck me...
Lots of people who live in less fortunate parts of the world, particularly in areas with high unemployment, probably NEED to sell their bounty rewards to put food on the table and pay their bills.
But I really don't know if my assumptions are correct. So, my question to you is...
Do you sell your Bounty Rewards straight away or HODL? Any insight into your reasons would be appreciated.
## If this post has been thought provoking for you, I'd really appreciate a bit of Merit in return ##
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