Topic: Bounty Rewards: Sell immediately or HODL? - page 31. (Read 7178 times)
It depends on our choice of how we run our token. These are just two ways when you hold your coins or sell them. And if you sell your coins now at a low price, then the coin prices will increase to 5 times in the near future. You are the one who will regret. All decisions on you may be you have to take risks. But the best thing you should do is to sell half of it for your needs. And the other is holding because it really gives you a good profit when the time comes its value will rise. Or if you do not, you are already using half of it, not completely losing your money. But it's not your personal money, you can join other bounty campaigns and you can get more tokens. This is just my personal opinion.
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
Holding is valid for any case in crypto related participations. You can support a project to earn tokens, you can start mining, you can start trading, all of them require holding, HODL concept is important here.
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
In my opinion, looking at the market situation. If the price goes up I sell it, but if the price goes down I will hold it first. I also want to feel the pleasure of bounty of the gift with fantastic price. So I also have to put a strategy.
not all my bounty reward results will immediately sell it. I usually sell tokens that I do not think are good for the future. and will hodl tokens that have good prospects and roadmaps.
I think most people directly sell token bounty reward because according to their bounty reward is their salary and must be directly made in the fiat for their daily needs
I think most people directly sell token bounty reward because according to their bounty reward is their salary and must be directly made in the fiat for their daily needs
Half sold, the rest is HODL. sell at the right time, for example when the Token is listing to the exchange.
And Better hold, cause almost all bounty hunter who get free token will sell their imediatly and will make the price fall. If that coin or token really worth better hold id until the price go to moon
And Better hold, cause almost all bounty hunter who get free token will sell their imediatly and will make the price fall. If that coin or token really worth better hold id until the price go to moon
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 ##
There are times where our bounty rewards does not pay off our hardworks due to low prices. The best thing we can do about this is to study the campaign and see if holding would make sense after a long while. Don't be stupid holding a bounty reward that does not give you an assurance that you're going to earn from it sooner or later so it would be better to be smart and wise about your holding. 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 ##
If this is a promising coin, then I advise you to hold it. A very large chance that in the future the price will grow several times.
To my mind, when it comes to tokens and cryptocurrencies in general it is more profitable to hold them and monitor the market in order to catch the increse and sell them by the best price point. That willl let you earn a bigger profit for yourself.
Depending on the circumstances and whether the results of such bounty has the potential or not. If it has the potential to certainly hold the course for some time until the price goes up. or even that most often people much resist also because prices were below the ICO. impatient to wait until it has a good price and then sell.
We never know the capability of the ICO especially at an early ICO stage, this is when most of the coin are awarded, he most appropriate thing to do with the tokens therefore is to Hold them as long as possible, you never know the kind of value you will gain overtime
It all depends on what kind of coins it is. If bad coins, it is better to sell immediately, because the price of such coins will not grow.
It seems to me if you want to get the maximum profit, then it's better to hold coins, and not sell at once.
For me, I don't just joined bounty without making a research and I made sure when I joined the bounty I have also invested on it. So, for me it's a yes, I will hold my bounty at a certain period and with a specific target to sell at a huge profit, yes, I am looking for huge profit and I am not too ambitious because I now it's possible here in crypto.
Of course, it is better to hold the coins. Usually immediately the price of coins drops very much, and then it starts to grow.
Hi, of course you are right, you need to keep until the price is above the ico price.
In extreme cases, if you need money, I sell part of the rest of the hold.
In extreme cases, if you need money, I sell part of the rest of the hold.
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 ##
Many of my acquaintances are selling the critowalut immediately as they received, because they do not have a job. I try to leave perpektivnye coins, especially those projects for which these coins are still needed. 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 ##
Personally I wait as with any new project, it takes time for the value to grow.
If you are you are looking for a new interesting bounty, Unitalent seems like a great one, they are a Swiss based blockchain high skilled freelancing platform (think of Fiver with people who are highly skilled professionals. Link is below and I hope this helps!
If you are you are looking for a new interesting bounty, Unitalent seems like a great one, they are a Swiss based blockchain high skilled freelancing platform (think of Fiver with people who are highly skilled professionals. Link is below and I hope this helps!
I do not advise you to sell coins immediately. It is better to wait, when the price of these coins will start to grow and then sell to get a good profit.
I would actually go ahead and sell the tokens that I get from bounty campaigns during the first week after I got them. There can be an exception if you see that the coins are in high demand and it is better to wait for their value increase.
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