Topic: Bounty Rewards: Sell immediately or HODL? - page 35. (Read 7195 times)
If the price of tokens upon receipt goes up, I think it's better to be sold quickly. Because we do not know when the price decline. If the token can not be sold in the market it is better to grasp it first and wait a few until the token can be sold.
I prefer holding expecially if I believe in the project... but when I have tokens that worth more than 1000$ I usually sell half and hold the rest....
I believe it all depends on the project. If i believe in the project I will hodl for long.
If already on the list in the market then I will see the price first if good enough then I will immediately sell it. I think if I take it too long, the price will go down.
I prefer holding,but sometimes when I urgently need money,I sell a part of my tokens.Unfortunately the prices now is very low,much lower than ico prices,so if I need some money now I have to sell very cheap.
The sell or hodl strategy, is an individual decision to make. most times, when we try to hodl some bounty tokens after they have been distributed, the price dips and never recovers . now in this scenario, its better to sell if the price is good then buy back lower than just holding like forever and regretting it.
i think we need to see about they product are they have potential to raise up in market and survive or not. so you can make your decision then. if the coin have great potential i think you should hold and maybe you need to hold for a while all bounty rewards.
I think I will sell it immediately. Some bounty hunters may sell tokens to pay their bills, but maybe that's a small percentage of all participants. That is because we do not know whether it will valuable or not. Others may be eager for altcoin like ethereum, but do not have enough capital to buy it, and do bounty campaigns to earn a little bit of capital. That is why I do not really like bounty rewards. I think when we do a project campaign, we also support it. I only accept bounty payment in the form of btc and eth. And some people do not really want to sell tokens unless they really need the money. I prefer to join bounty with btc and eth as the payment.
I think the best strategy of retention. It can't be infinitely bad, so I think holding is a win-win.
There is no definite advice. It is necessary to look at the price of a coin in the market when you receive it. In any case, do not sell if the price on the market is less than the price was at the time of ICO.
this I have done, I waited for 3 months, but the price can not reach the price of ICO, I do not understand why the price can be different
it seems that for now I see altcoin has a high potential in investing in the long term or short term hence I am sure will provide great benefits for people who can hold in a longer time.
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 ##
Currently I'm trying Welltrado bounty campaign.
All who are interested are more than welcome to join.
There is no definite advice. It is necessary to look at the price of a coin in the market when you receive it. In any case, do not sell if the price on the market is less than the price was at the time of ICO.
I choose to hold it. If I choose to sell immediately I think I will lose one chance to make a profit because I believe there is still a chance that the value will go up.
to get a bigger profit we have to be patient in waiting because it is reasonable to name just invest but besides others if you feel less confident in altcoin that you invest in potesinya then as soon as you sell.
Yes i absolutely agree on you, becayse if you hold the bounties like the token i don't think it is worth it and more earnings but you need to sell it or trade it in coin that you want then do the holding. The only thing we must hold in this is coin not the token because the coin have a rapidlyy changing state which the price is fluctuating
If the idea of the developers is really worthwhile and will be used in the future, then half can be saved, and if you entered the bounty to purely earn money without faith in the ICO project then sell.
when time come , I sold all , and ready for next campaign
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 ##
Coins today in the market is keep on growing as the time goes by so its better if you will hold for a long time in order to earn more profit in the future.
Sell immediately or hold? for me it depends because sometimes if you HOLD a token maybe it will go wasted or being dumped in future. And if you SELL a token or coins in its low price then after how many days or weeks the coins of its particular price will rise into 5 to 7 times you regret it. So always think all your decision making have a risk.
Jump to: