Topic: Bounty Rewards: Sell immediately or HODL? - page 38. (Read 7195 times)
It seems to me that if it is a good and promising coin, then it is better to hold it for several months. If it's a bad coin, it's better to sell it right away.
it depends i guess, i will give a situation. you have you tokens and in the market the price of that token is at down. would you sell it? it depends cause first of all is it necessary to sell my tokens. is there any expenses that we should need to pay? is there any emergency? and another is. the value is at hype would you sell it? go sell it don't lose the chance to sell at high.
From my experiences I always HODL all my bounty rewards! If you want to hold the tokens from the bounty always review the roadmap or the purpose of the project
If you are getting the tokens at a discount then yes, you should sell once it hits secondary markets. This is dependent on the quality of the token you are getting.
I will choose to sell them immediately, but not in a lower price. They should sell their tokens higher or the same as ICO price so that the project won't be dump and to protect also those investors of the ICO.
Quote
Just start holding your bounties and dont do like what others do because most of people here immediately sells it. Keep holding it and wait for the right time for you to earn big profit.
+1 long-term Bounty Rewards will be better. Because coins have just been released, their prices are lower than they have been in the past.
This is a very controversial decision. In my practice there were moments when I was selling, but the coins grew after that. Sometimes it is very difficult to decide on a sale. It happens that weak coins and tokens grow very much in value after a while
It definitely comes down to the token and what the potential future value is. Some tokens are for equity, some are not. Make sure you do your homework on the tokens before you decide what to do with them.
In my case once the bounty received I sold it immediately because I noticed that when the token is introduced to market it started to dump. I convert the bounty pay outs to eth and when the specific token dump but have the potential then I will buy in such case I can have more token and hodl it.
I think its best to sell some after bounty and hodl rest, with this strategy you will reward yourself instant and then have perspective.
It depends greatly on the project you participated in. If it is not really promising and it didn't raise much funds, it might be better to sell it's coins. I try to participate in campaigns of the projects I really like, so I try to hold my Bounty reward.
Do not make it too complicated, make it more simple. If indeed the coin you got is already worth the price and you really need money you can sell it, but if you believe the coin is really good you can wait for it to a certain extent (minimum 1 year). Not all the coins directly worth the price of the project, their progress and enthusiasts who make the price increases.
With all those token rewards I got from the bounty campaigns I participated I can say I still hold most of it. Maybe I had sold at least 20% of all the tokens I received from my bounties since I started late last year but many of it I am willing to hold even if it takes time. Waiting to reach the moon to give me good gains.
It depends on the project. But how i see, the most bounty hunter immediately dump their tokens as soon as possible for less then the half price on forkdelta or on the exchanges they got listed. So first of all, i just participat in bounty campaigns of projects which i really believe that they will have a good future. Thats why i mostly hold my coins. But it looks like the most boutny hunters are just participaiting in the campaigns to get fast money, and thats why they sell as soon as they got listed.
I always keeping all of the altcoins that I earned from participating in bounty campaigns. I believe that it is not yet the right time to sell all of my altcoins, so I keeping it in my safe wallets.
I am also holding my bounties, since I know that once it is listed on exchange, there are rush of selling from other bounty hunters which add to the price dump. But, now with market volatility almost all token drops even more. Sometimes, I am tempted to sell all my bounty also, and buy back later after the dip.
First of all, in this kind of situation our decision depends upon ourself because no one's have a responsibility for your decisions and you must take a risk for it. Learn to fight for it and brace yourself to other people who disagree or agree in your decision. For me i want to hold it, because there is a half chance that our tokens price being up or down.
I think it depends on the token / coin that I received, if it memiliuki good future I will definitely hold it and vice versa, at least I will start if it is already listed on the exchange. but usually I will hold half of it and sell half of it or sell 70% and hold 30%.
I think HOLD.
When I get my first bounty reward, I will be hold.
I will be wait when price rises.
Good luck
When I get my first bounty reward, I will be hold.
I will be wait when price rises.
Good luck
I dont sell my bounty rewards immeadiately but i do hold them for a day or two because the price on that will jump up and i will wait for that to happen but of it doesnt go up or down i will sell it as soon as possible
Jump to: