Topic: Bounty Rewards: Sell immediately or HODL? - page 40. (Read 7195 times)
I usually sell it a little bit. Then some I hold for my selling later on. Do not rush to sell because at that time the price will surely fall. So be patient in selling coins from bounty.
this depends on each individual's thoughts, and also the condition of the market at that time, if the market conditions are good, that means maximum price, then selling is the right step, but if the price of coin in the market is very bad, then preferably HOLD
for me the decision to sell or hold a token bounty asset depends on how well the ICO project is running. if after the distribution process is complete, the token does not enter the medium and large exchange, I will sell it at low price on small exchanger like etherdelta, forkdelta etc. but if the project looks to have a good long-term prospect, I will hold the asset fortunately for some time, but will still sell it if the price has risen high enough from ico price.
i will sell the coins i get from bounty,
when the new coin is listed in the market, because usually it will happen dump and the rest i hold until the project finishes in the finished job and usually it will make the price rise again.
when the new coin is listed in the market, because usually it will happen dump and the rest i hold until the project finishes in the finished job and usually it will make the price rise again.
It depends on the situation, because if a bounty campaign has more participant, the rewards are divided onto them, dump are exist and nothing to do with that, so even me i will sell it quick before some of my co-participant sell their coins that can cause of a low value in the market, but if you have more patience to wait until next year, the result will be can earn more profits than the option i choose above.
It depends on the project. If the coin has potential in the market, and ICO has a successful sale, I might do it, but if the coin isn't worth it, I'll sell it in later.
I will hold and wait if I think the project is potential but some i will just sell it off. It is really subject to own self judgement.
It will depend on the situation. If the bounty rewards cost high when they're distributed for the first time, I might sell them right away because the days after the first distribution, the value might get down. On the other side, if the value gets low for the first distribution, I'm holding them.
I will suggest that you should sell half and hold the other one. This way to learn how to become an investors. When you experiencing this, it will give you so much lesson and knowledge. It will increase your skill.
It depends on the project - I guess once I get my bounty tokens from TravelerToken (TLT), I'll probably hold them until the platform goes live in Q3 2019, then I can start spending the tokens in the TLT ecosystem. This is because I believe that TravelerToken is an ICO that has a lot of potential to grow in the near future, as they are targeting the $2.3 trillion travel industry that involves more than 1.23 billion travelers on a yearly basis.
TravelerToken also has a very practical and viable use case - they are trying to revolutionize the travel industry by removing all the hefty processing and transaction fees that start piling up whenever there is a variety of intermediaries involved in the travel ecosystem. Furthermore, users of the TravelerToken debit card will be able to withdraw money in a foreign country without having to worry about poor exchange rates.
For your information, they are launching their bounty program soon (I heard it's tomorrow), so stay tuned. Here's the [ANN] thread for the TLT bounty program for reference. You can also visit their website or read their whitepaper to know more about the project.
TravelerToken also has a very practical and viable use case - they are trying to revolutionize the travel industry by removing all the hefty processing and transaction fees that start piling up whenever there is a variety of intermediaries involved in the travel ecosystem. Furthermore, users of the TravelerToken debit card will be able to withdraw money in a foreign country without having to worry about poor exchange rates.
For your information, they are launching their bounty program soon (I heard it's tomorrow), so stay tuned. Here's the [ANN] thread for the TLT bounty program for reference. You can also visit their website or read their whitepaper to know more about the project.
I apply bounties of tokens when i really believe the projects. So I hold them until they list in a good market.
I guess once I get my bounty tokens from TravelerToken (TLT), I'll probably hold them until the platform goes live in Q3 2019, then I can start spending the tokens in the TLT ecosystem. This is because I believe that TravelerToken is an ICO that has a lot of potential to grow in the near future, as they are targeting the $2.3 trillion travel industry that involves more than 1.23 billion travelers on a yearly basis.
TravelerToken also has a very practical and viable use case - they are trying to revolutionize the travel industry by removing all the hefty processing and transaction fees that start piling up whenever there is a variety of intermediaries involved in the travel ecosystem. Furthermore, users of the TravelerToken debit card will be able to withdraw money in a foreign country without having to worry about poor exchange rates.
For your information, they are launching their bounty program soon (I heard it's tomorrow), so stay tuned. Here's the [ANN] thread for the TLT bounty program for reference. You can also visit their website or read their whitepaper to know more about the project.
TravelerToken also has a very practical and viable use case - they are trying to revolutionize the travel industry by removing all the hefty processing and transaction fees that start piling up whenever there is a variety of intermediaries involved in the travel ecosystem. Furthermore, users of the TravelerToken debit card will be able to withdraw money in a foreign country without having to worry about poor exchange rates.
For your information, they are launching their bounty program soon (I heard it's tomorrow), so stay tuned. Here's the [ANN] thread for the TLT bounty program for reference. You can also visit their website or read their whitepaper to know more about the project.
I will suggest that you should sell half and hold the other one. This way to learn how to become an investors. When you experiencing this, it will give you so much lesson and knowledge. It will increase your skill.
it all depends on your preferences. Many people who participate in these campaigns live in dysfunctional countries and they try to immediately sell coins, those people for whom this is not the main source of income can keep coins a year or two
Not good idea to sell immediately after bounty rewards are gotten. Firstly it will have negative effect on the coin price holding for few months could yield more profit.
Depending on the project which I follow, if the bounty doesn't have a good future in the future, I'm sure to sell the coins I get from the bounty, but if the coins coming from the future have a chance to raise the price I'm sure to hold.
I'd only hold a portion even if I believed in a project's potential. However, in the event that the token doesn't get listed in a big exchange following the ICO, I think that it'd be worth waiting for a better exchange listing if it has been announced.
Sincerely i try not to sell coins/tokens unless I really need the money to invest in a new coin or ico or if there are some bad news about team/coin and I see no future for it.
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 ##
I am into holding my bounty rewards until they have their platforms successful. As for me, rewards should also be rewarded with patience and commitment. We must all be willing to be thankful for whatever we get and just wait a little longer to gain a better profit.
I look at the trends in the price change of the coin. If it falls, you should sell it sooner. If it grows, then you can wait
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