Topic: Bounty Rewards: Sell immediately or HODL? - page 29. (Read 7178 times)
I only sell half of the coins. I leave the second half for a long time. For me, this is the best option.
Depending on the project. Sometimes a shitcoin gives a big reward and I join up for the amount of tokens received. These kind of bounty rewards, I sell as soon as possible. But I usually join up bounties that would be big in the near future so I usually hodl them all, not doing the half/half thing. If a project is good I keep the reward, if a project is lame but they give big rewards I sell immediately.
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 ##
For me, i will not sell my bounty tokens, or reward tokens, because i believe the price will pump sooner or later. So do not sell your coins immediately, just wait for the pump and then sell it, i assure you, you will regret that you sell your coins immediately.
Selling tokens immediately is the startest thing to do as a bounty hunter. If you do sell immediately, your other bounty hunters will definitely sell theirs and dump the price. It is therefore good when you sell early and have the opportunity to buy more when the price dumpens.
I don't sell my bounty payments right after I received them. I hold them for a while and let their price move up. I get rid off those tokens that worth less than a $100. Once sold them, I will buy a few amount of my perspective token. As easy as that, that I make them more useful at the end.
I prefer to hold the coins for a couple of months, because very often the price of these coins grows several times.
I am absolutely sure that you need to hold coins, which I hope will get from this project. In any case, you need to hold coins if you want to make big money, and if you constantly sell tokens or coins, then of course you can not earn anything.
Sell or hold bounty rewards depends of what kind tokens or coins have you got as reward. Generally users get some unpopular tokens that can not be exchanged by any means and through any services.
Reward from bounty campaign I will sell immediately if have highest price than ico price. But if price of token from bounty campaign reward more lower than ico price I wil keep holding until raised of ico price. Many bounty campaign perticipant do not looking for the ico price before sell or keep holding their token from bounty campaign, some ico have price lower and have raised ico price, but bounty campaign participant still keep holding their token.
Of course you need to keep, but only those coins that have collected a lot during the token sale. The rest immediately sell.
Well for me, if I know that the project has future then I will hold it, also if your a holder of that coin, they will send airdrop coins to all holders. You can gain more coins if you hold it. You can do also sell it all when the price increases then wait for it, until the price decreases like the ICO price, then you can buy back of that coin. It still depends on you, if want to be sure, to gain a profit then sell it immediately once it has a value, because other altcoins losses their value after few months.
for me it completely depends on the project if i see that the project is good but not good enough to give a huge amount of profit in the future then i usually sell them as they are not worth holding and I may even by some other token with that money but if the project is really good i usually sell a small portion of the token in the beginning and keep the rest and let it multiply and get a huge profit at the end of about 3 to 4 months minimum
I would hold them and wait until I got the price that I am consider its enough for me. I think its better because we also need for living cost and holding for too long won't work for us.
Thats depending with the project and if it is having good potential or not. Sometimes it is better to sell the bounty rewards immediately (especially when the project is risky or having low potential), and sometimes you need to hold the tokens until the price increase
It is based on the project we work for the Bounty, some projects will dump their coins and some will pump after some time. The crypto market is always volatile and the ICO success and price rise or down after that is also volatile and we cannot predict what could be the next. As stated it depends on the project we choose on whether we need to hold or sell immediately.
Once I get the token bounty, I usually will see first how the condition of the market. If indeed the bounty token already listing on the market. If the price is high enough, then I will immediately sell. However, if only the price is still low, then will I hodl. I hodl until it reaches a price that approaches the price of ICO. And for me there is no limit of time, how long will my hodl.
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 ##
i think all the decisions in terms of selling and holding depends on you, if you are in need a money so you must sell it do not wait until it will dump, but if not just hodl at the moment.
In my opinion, selling or holding it depends on you and on the coins you own. If what you have is a coin that has the potential to continue to grow, it is better to hold it for a moment. But if all you have is a shitcoin, it's better to sell it because holding it is just useless.
Hold them as long as we can, as the project developing time after time and the price would also improving. That is why we need to keep them up because its price gradually increasing.
It is impossible to foresee what will happen to the price of the token, but as a rule people participate in the ICO to make money, so the price should grow up. And then everything depends on your greed if you do not have time to sell price can fall.
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