I prefer HODL, I will sell when I really need money or I want buy something, so my rewards from bounty become my saving
Topic: Bounty Rewards: Sell immediately or HODL? - page 30. (Read 7195 times)
Just like you, I will also hold my bounty rewards. Selling it at the beginning, it does not support to get great results. So it's much better to hold it first so that the price expands to be higher. Reward from a good ICO will usually have a good development as well. So that more benefits will be gained.
selling and holds it is a choice that a lot of consideration. If the price is higher then just sell all in order to get maximum results. If the ride but not very satisfactory selling only partially and hope the rest will be up again. even if you don't get the results certainly stand for a long time be a solution that would have been plenty done.
you may come up with you are still in win2x situation for you have already rewarded the money if you sold it already or to give the chance to increase its value in the market. either ways it will come at money either you sold it for fixed amount or hodle for fluctuating or might be lower price. the fixed amount or potential price are the option.
I will split the token and sell half of them. The other half I hold them, in purpose that the price will going up someday. I sell half of them because I need them for living cost.
if the price above the price of ICO, you should sell it, but if you doubt you can sell 50% and hold 50%, but I prefer to sell directly after distributed
According to me we should wait for a year to sell rewarded coins or until company fully executes there project in market or listed there coin on exchanges and price goes upwards and up to the price going upwards..
And if we urgently needs a money, then sell half of the coins and remaining coins stay on hold for the long time.
But Sell or Hold coins it is all depends on company future plans.
And if we urgently needs a money, then sell half of the coins and remaining coins stay on hold for the long time.
But Sell or Hold coins it is all depends on company future plans.
The one best decision for bounty rewards is,don't sell it immediately,instead hold it for how many months or even a year, your tokens will be profitable on that period of time holding.
I sell immediately only what I think hopeless, but very often I was mistake, now I think it is necessary to long hold coins received on bounty
it is important to know the value of the token before selling it when the token has not reached the highest value, you better save and wait until the price exceeds the value set or the same as in the offer then sell. so you can estimate the profit received
i would sell immediately because after the bounty tokens have been sent there are alot of bounty hunter will sell immediately their tokens and if you sell it then buy again you have more tokens compare than what you got from the bounty and if the project is really good your profits would skyrocket if you hodl for a year.
For those bounty hunters that always dump their reward of their token on the exchange showing that they do not care for any project but for the stipends they are looking for, I would say if a project is solid, there is no reason to be bothered about this poverty mentality behaviour of these group of people. Good project will eventually Carry the day and become successful in spite of these moon type of people in cryptocurrency!
It depends on the bounty campaigns. There are some that I think could really increase. In this case, I usually keep the total reward. But others, well I am not really sure that the price will be much higher a day, in this case , I prefer sell and buy other altcoins
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 ##
My strategy when i receive my bounty tokens, or my rewards, i sell immediately the 50% of my tokens to gain profit, and then i will hold my 50%. When the price goes down, it's okay for me because i gain profit in the other 50% but when the price gets pump, that is a huge profit for me.
Try to use this strategy.
On this issue, there can be no exact and universal answers for each situation. It is necessary to individually analyze the price and prospects of a particular coin. It is better to name the coin name on the forum and consult about its chances of further growth.
To sell or to store coins received from the bounty campaigns. This is the eternal question of all the bounty participants. I think, no one can give an unambiguous and correct answer.
For me there is no point on holding coins that I think has no potential and cannot give me profit.
If these are good and promising coins, then it is better to hold them. Because very often the price of such coins grows several times.
My own experience says that you hold your bounty reward. my Crypto Assets was growing and I got them that the price is less than today. Everyone was holding his coin and wait for it to big profit in the market.
Right now the crypo markets are down a lot so my suggestion is to HODL until they go back up then you can sell them for a much higher amount than they are currently worth since the bitcoin bubble just popped and all of the coins values are going down right now. It's a no brainer that it's best to hold them with the currenct market prices, but yeah.
Selling after the end of ICO is not profitable because it is a time when almost all bounty hunters rush to sell, thus making the price go down. I think it depends on the particular project and the value of the bounty you have received.
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