Topic: Bounty Rewards: Sell immediately or HODL? - page 12. (Read 7179 times)
From what I've seen, many coins after being listed on exchange get dumped and have a dip in price. You have to realize a lot of bounty hunters are pretty experienced, so they could sell immediately, and then wait for the dip to buy more coins. They're probably not giving up on the project completely, just trying to buy the dip.
It's quite hard desicion what to do with bounty rewards - sell or hold. First of all you should estimate the project if it looks perspective you can hold all rewards or most of it. If the project isn't good and it's team works bad, then it's better sell all tokens immediately.
I have already made sure that there is no single solution. I need money - then I sell. I see that the fall - I'm selling. I see that I grew up and gave X - I sell. To hold better traditional currencies, such as the Etherium and Bitcoin.
For me as I make bounty campaign for extra income my strategy is to sell my part. But what I do is to check first the earning. Then I just exchange what I just need and hodl some for long term goal where I know I will profit on it.
It is better to sell immediately after the token is added to the exchange. Because most coins are cheaper after ISO and only a very few tokens become more expensive.
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 ##
I Started the same month as you. Cheers!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 ##
And The Criteria for high unemployment fits my area.
Not to mention, i belong to that group.
At First i sell my tokens straight away. Of course to provide for my family and pay a lot of bills.
But i came to realize, later. That Hodling is way better than selling it immediately.
At this time i just keep on hodling. Some of my tokens are at exchanges but i never sell them at the moment.
unless its an emergency, i would sell them.
I rarely sell my received awards. I only sell from projects where I do not trust the team very much. Usually I hold and wait when there will be a lot of growth.
It all depends on the project. If the project is a weak or frank scam, then I immediately sell the tokens of this project. And if the project is good and promising, then you need to keep the tokens and wait for the development of the project.
Many projects are very successful, but the sale of Altcoin from bounty hunters makes their prices go down quickly. If you want to make more profit, you should keep them as you will help stabilize and go up, you also get more profit.
I think bounty rewards are worth hodling. Most of the bounty coins or tokens are good projects, maybe more profitable than airdrops
Depends on what kind of tokens it is. If good, then of course it is better to hold and get a good profit than to sell now.
Now it is better to hold coins, because the market has not yet recovered. I see no point now selling coins.
You should never sell immediately what you earned for participating in the Bounty. If you wait a few months, you will be able to get much more money for these tokens.
Bounty rewards are good, but selling it immediately after receiving the token is a bad action, you need to hold it instead because mostly of token can reached the peak of it`s price when there is a lot of investors that buy there token and that would be a great and more profitable that you could imagine.
depends on the price to decide if to sell of hold
but some bounty hunters don't even want to know if the price falls or not they sell immediatlly they get the reward 
Im usually selling immediately, not holding because it is not worth it. Better sell your free tokens and cash out or reinvest with ETH to other ICOs
depends on the price to decide if to sell of hold
Most often it is better to hold coins in order to then get a good profit than to sell immediately at a low price.
I am not a person that always excited to sell my bounty reward tokens, before I received the payment i always make sure that the tokens i will going to recieved is already familiar with me.
If you sell coins and get a good profit, then most likely it's better not to risk and immediately sell coins ..
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