Topic: Bounty Rewards: Sell immediately or HODL? - page 43. (Read 7179 times)
I have been doing bounties since July 2017 I think and I have always held onto them. I do keep a eye on the market and if I feel the token has hit a mark I will sell them then. But If I had sold all my tokens at the peak during December 2017 I would have been better off. Who know what the future holds, hopefully they will go past their ATH again.
If you think your project bounty is worth holding, you have to hold it to double your profit.if not good you can sell a part of them ,the important is how to earn more profit.
My strategy is to HOLD 50% of bounty reward and sell another 50%. You will be good with such strategy, believe me.
I will choose to hold it. The bounty I choose is something that I think will be very promising in the future. So I think it will bring me higher profits in the future. So I will hold it. Of course, if you are not optimistic about the project, sell it as soon as possible.
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 ##
it depends on the market price of the coin, if I get a coin from the project I follow and the price makes me satisfied then I will sell it, and if the coin is very cheap, then I will hold it and wait until the price is expensive and start selling it. 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 ##
Depending on the project, I HOLD my bounty tokens as if I invested. There is a new one which is still very quiet with a big payout. Looks like they are only accepting a few participants which is good for those who join early. Very high profile project with an all-star team. Check this link for details: https://bounty.deco.network
It depends on the bounty campaigns. There are some that I think could really increase. In this case, I usually keep the total reward. But others, well I am not really sure that the price will be much higher a day, in this case , I prefer sell and buy other altcoins
I think every person has a different ways to make earnings but for sure there's also a different reason that is why they sold their coins or token, some of us we used it for daily needs, for emergency matters but the good thing is we get a big benefit of this great technology. Well there are some good token or coins that is worth for holding so for me i think the best thing to do is to hold the half then sold the other half.
We should hold bounty reward because when we receive it its accutaly an early to that coin as it just now ended their crowdsale and launched on exchange for which if their project has potential then we can can get much benefit if we hold,theirs a coin named (thug coin) they are conducting several airdrops every week on sunday and used to give a decent amount to each and evey one,this coin is just one month old and has more than 76k members and also listed on exchanges like yobit,its better to hold it for now as this coin be huge in future if we take advantage of the correct time of having it of some for now and holding it.
Bounty as a job because all of your profit you need to sell. But if you believe in a project you can hold a half of your profit for 1-2 years.
Selling your bounty or you investment early is like flushing your future income that can drastically change your financial future than the toilet. You lose way more in future profit than miserly present profit.
I will let the project grow first and reap the rewards for holding. Nevermind what others will do with their bounty rewards, its theirs. It's not 100% but holding is still the better option.
I do sell my bounties immediately, because I want to save bitcoin and ethereum as much as I can, I want to hold it until the end of the year maybe what happened last year will happen this year.
i think it's more secured to sell the coins immediately. You'll be able to safeguard your rewards after you sell immediately and convert it to BTC which is in a sense holding another type of coin to be more specific BTC or ETH. These two are great hold coins since the value of BTC and ETH are stable and if you already have BTC before the mooning you'll surely get big profits.
To hold your coins or tokens depend on your financial status like you said earlier 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.
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 ##
For me its true that bounty hunters which is fortunate in life sell immediately their coins because of lack of food and budget to their family. Some of the bountyhunters which is unemployed make this thing their job and its quite irritating sometimes because all i see in facebook and twitter is their post , share and retweet ,makes their social media account profitable😂. But be wise dont sell the coins with high potential it could make you even more rich.
It seems to me that you do not need to sell all the coins at once. It seems to me that some of the coins can be left in order to try to sell them more expensive, because the price can go up.
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 ##
Reward from bounty campaign is good and great to keep. If you immediately sell your token from bounty, you are just contributing to the dump of the token. Selling it at once will just give you low price. Hold it and after couple of months, you will see that the price will go higher.
Most often people have a desire to leave the coins earned in bounty - in the end there is a very high probability that they will grow up and bring the owner two or three times more money. All would be well, if not one but. After entering the exchange, as a rule, the rate sags much less than the prices of ICO, and even Pre-ICO. And in the shoulder of the devil with might and main begins to repeat "Sell at least for how much, otherwise you will not get anything"
It’s fine to say that hodling is good but for me, it depends on what kinda token i received. I usually try to hold but sometimes it feels like it just better to sell, so i decide what to do when i get reward.
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