Topic: Bounty Rewards: Sell immediately or HODL? - page 48. (Read 7179 times)
If you can sell these coins at once, then sell! But as a rule, the price of the received coins when appearing on the exchange falls tens of times from the price at the ICO stage. So you need to wait to sell at least at a price like on the ICO!
some of the rewards you get from the bounty campaigns might be valuable while other are not, all depends on the ICO. its however advisable to hold on the rewards for a while and gauge their worth before disposing them off as you might just sell a future Gold cheaply,
I agree with you, there are rewards in bounties that are capable to be valueable but there are also valuable in the first 3 days; so it is better if you will sell it immediately.
Mostly sell because many I don't believe in but did keep some.
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 ##
I think holding would be a better option. Upon distributing the bounty rewards and the tokens to the investors after the ico,the market value of a token is more likely to fall rught after being released. Holding will give you the chance to earn bigger profit because most of the ico tokens' value are increasing aftsr a month. 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 ##
Selling bounty rewards immediately is not a good idea. Especially now, most of the token prices are not high enough. In my opinion, you should first hodl it and then wait for its price to be higher, then sell it afterwards. As long as you think that it is enougu for you, then it is better for you to sell it already.
If you feel that it's bounty from a project that is really convincing in a potentially meaningful way. Better you hold it and try to wait until the time is right. But if it is a project that is not good or not potentially you should sell directly because the price will drop slowly. Or you can set aside some for the hold and partly to sell. That I think is a pretty good way so you do not feel bad in the future. Believe that any altcoins will surely increase.
some of the rewards you get from the bounty campaigns might be valuable while other are not, all depends on the ICO. its however advisable to hold on the rewards for a while and gauge their worth before disposing them off as you might just sell a future Gold cheaply,
as entering with customs of possession as managing tasks with the distinct of personal preference as referring option,
trader might works as the extent on requesting with one on returns as the series of manage to involves of different factors as the finest of decision to put with the limit of risks on exchange with the arbitration market.
trader might works as the extent on requesting with one on returns as the series of manage to involves of different factors as the finest of decision to put with the limit of risks on exchange with the arbitration market.
Recommended to you HOLD tokens. Waiting for great time in markets. And then you can earn great money.
As examle: LUK token(Luckchemy ico), I belive in this project, and do everething than I can.
As examle: LUK token(Luckchemy ico), I belive in this project, and do everething than I can.
Really depends on the project. Most of the bounties I get in I choose to HOLD tho, unless they get listed on big exchange on day one - then I usually sell.
It's personal choice. But I'm sure that everybody want to sell bounty token after receiving it. They aren't the investment. They are just the bounty hunters. All they want is fast money. Me too 
) Your opinon are very accurate. Bounty is their livelihood, main income. Back to the topic tittle, I prefer HODL. Although I love fast money, but I have to think further to be rich. By "HODLING", I can take a chance to be rich. If I sell all, I will have nothing. There are many successful people who start with nothing. They didn't have funds, so they have joined Bounty. Many a mickle makes a muckle. And that's the way I'm following
) Your opinon are very accurate. Bounty is their livelihood, main income. Back to the topic tittle, I prefer HODL. Although I love fast money, but I have to think further to be rich. By "HODLING", I can take a chance to be rich. If I sell all, I will have nothing. There are many successful people who start with nothing. They didn't have funds, so they have joined Bounty. Many a mickle makes a muckle. And that's the way I'm following
The most critical factor is if the coin has any future, it is anything but difficult to feel that on the grounds that an ico got a considerable measure of financial specialists that will go up after the ico yet more often than not the inverse occurs since there isn't any cash left to purchase the coins in the open market hence dependably consider what may make a coin exceptional before purchasing or offering.
Yes, most bounty hunter always wants to sell their reward as soon as they receive it.
As for me, I will keep the valuable tokens such as ABT, Credits, AION ... and just sell tokens of projects with bad development roadmap.
As for me, I will keep the valuable tokens such as ABT, Credits, AION ... and just sell tokens of projects with bad development roadmap.
It is depends in the bounty reward,if the token is good for the long term you should wait for sometime to have its own value,you shouldnt be holding coins when it is only good for short terms,you can tell if these tokens are for long term coins based on the roadmap of the project.Consider the capability of these developers if they can have the job done you should wait.
It really hard to say clear ,i think depends on projects. If project looks strong, have good team and big plans for future you must hold them . If the project does not inspire sell them.
The saying that if you are giving little things and you can manage properly than you can also manager greater things. If you are given tokens for out of you hard effort and sell so cheaper even when you invest with your money you will still sell because some Bounty's hunters sell out of fear.
I have seen in some bounty coins that they should be sold immediately when received because their price gradually goes down while there are some others that are for long term. I am holding sxdt and sxut and peculium for long term.
if you see that it is a good project and you do not need that money immediately you should keep it until the price is good to sell, if on the contrary you do not see a good future, you should sell it when you go out to some excange
Before I sell the bounty coins I will certainly see the project first whether it is still in the development stage for the long term or not. If yes, 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 done in the finished work and usually it will make the price rise again.
I hold it until reach minimum 5 times profit,.but for some token from interesting project i will hold it for long term investment. Some good project promising 100 times profit in less than 1 years, so by hold some token from good project will promising big money.
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