Topic: Bounty Rewards: Sell immediately or HODL? - page 32. (Read 7179 times)
I do not think that selling coins at once is a good idea. It is better to hold them. And the price will grow at least 2 times.
I have joined a lot of signature campaign but have kept a lot of these tokens in my wallet for more than year. Lately I managed to earn more than 80KUSD because of keeping the token which were attacked by fud for several months, was surprise to have gotten such amount when I already tried forgetting that token. Holding still is the best thing to do if you wanna earn huge.
I agree with this statement. If I were to receive my bounty rewards I preferred to hold it. Why? It’s because I strongly believed that it will earn much profit by holding and by waiting until the price gets high.
It depends, mostly, I prefer HOLD my bounty token rewards and Airdrop. I read updates, make research, regarding project supply, or seeing roadmaps if it is accurate as stated. Reward tokens are precious to me. And NO UPDATES, means DUMP it when price is good enough,.
If I myself prefer to Hodl token bounty that I got. because usually when you first dimarket release, of course many who sell tokens. So the price come down progressively. So better wait a little longer to get a bigger profit. At least until the price of a token approach the ICO price.
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 ##
Those persons that sells their tokens after distribution should be ashamed of themselves. They are nothing but a piece of crap that does not know how cryptocurrency works. By selling their tokens ASAP, they are creating a sell wall that prevents the coin to pump and generate profit.
I do sell immediately after the coin is listed on the exchanger, but selling your bounty is actually depends on your own decision. there is no need to ask anybody else if you are going to sell or hodl. its your own money, not them.
At first I did the same thing, that is to sell my tokens as soon as possible, once entered into my wallet, so there is marketnya, then I immediately sell it. But when I started following the bounty campaign, my mindset changed. To get token from bounty required work that was hard enough, unlike airdrops, which only made a little effort. Since then I have held my coins, until the price is close, or equal to the price of ICO. Thus I get a satisfactory value.
most of the bounty rewards increase in value after listing the token in exchanges so it is suggested to hold bounty tokens until we get the maximum benefit
Most people I know doing bounties mostly sell their tokens because they are afraid the coin might lose its value and would go to waste, while some including myself would prefer holding them not because we expecting it to reach a higher value in the future but we consider it as a form of savings. I don't think out of all these tokens you receive in bounties would be worth nothing, so we prefer to just hold them instead.
If I need money I am selling. Bu I don't need money or ethereum I am waiting if good project. Usually I am waiting. I don't sell
According to what I have observed throughout a year in which I have been able to obtain lots of tokens through bounties or airdrops, the vast majority of these tokens tend to fall in price in a remarkable way as soon as they go on the market through some exchange, and often never reach a significant price in the market so they tend to become garbage over time.
That's why I do not see too much incentive to keep the tokens for too long, because according to my experience very few of them reach a value much higher than the initial one with the passage of time, maybe not even 10% of them.
That's why I do not see too much incentive to keep the tokens for too long, because according to my experience very few of them reach a value much higher than the initial one with the passage of time, maybe not even 10% of them.
if team of project is good then i will hodl some reward of bounty. but if if the tokens are not profitable then I will sell them all.
It all depends on the project, but it is better to keep these awards until they reach a reasonable market value. Often coins take time to increase their price.
Well, it really depends on the token if it has a good fundamentals because if you want to HODL your tokens make sure that it's worth it because most of the tokens will dump immediately if the tokens were already distributed and they don't trust the project.
If a participants of a bounty projects received his bounty rewards , he might sell or hodl his tokens , but for anyone who have this rewards you can observed the coin market , if the market is very reddish then just hold your tokens, and wait for the market to be greenish if this happen that price value of cryptos are so high, then you can sell your tokens in order to have a higher gain.
Before decide to sell or hold, i try to learn the fundamental of the project first.
And if i found the project will have potential to grow i hold it and i will sell it when the project does not interesting.
Sometimes my prediction wrong but by continue to learn it we will be have more knowledge about fundamental analysis...
And if i found the project will have potential to grow i hold it and i will sell it when the project does not interesting.
Sometimes my prediction wrong but by continue to learn it we will be have more knowledge about fundamental analysis...
In order to get the maximum profit, it is better to hold the coins until the price grows at least 2 times.
The majority of projects in the future have no prospects and their tokens cost normal only in the beginning. Why them hold?
It’s better to sell them and receive profit. I had many different token of casino, they had a good price on the start, but in 4-7 months they are unnecessary and auction in the exchange is about $500-1000 a day. I sell everything at once. I keep only 10-20% for the memory.
It’s better to sell them and receive profit. I had many different token of casino, they had a good price on the start, but in 4-7 months they are unnecessary and auction in the exchange is about $500-1000 a day. I sell everything at once. I keep only 10-20% for the memory.
Most of the time, when the ICO project list on the exchange, so I can sell these tokens, then put more of the ICO project funds investment, then can obtain the biggest benefit, it is a good strategy.
Depending on the quality of the token. If the token has a good price, then there is a possibility that I will sell it, but if otherwise get a token that has a bad price, then I will hold it.
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