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Topic: Bounty Rewards: Sell immediately or HODL? - page 51. (Read 7179 times)

full member
Activity: 479
Merit: 100
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's a reward for your work to do 1-2 months. If the token is listed in some exchanges. I think you should sell it. Because once it is listed, its price will be high. That people will sell and the price goes down. should not hold.Or if you do not need money every month. then you can hold long. But most of the current coins will die very quickly. To do so is a great tradeoff. There are lots and lots of losers too
newbie
Activity: 199
Merit: 0
if tokens are unpromising I sell them and if they grow in price I keep for a while
sr. member
Activity: 672
Merit: 250
It depends on the project and the team. We must raise this question. Is there any future for this project? If it is, then stick to, do not sell - sell! But to answer this question correctly, you need to know about this project. If there is no time, you can boldly sell it.
member
Activity: 182
Merit: 11
I have seen that there is a immediate down trend just after tokens are listed in an exchange. This may be due to quick selling of tokens buy people who get the tokens from airdrops or bounties. People make this an opportunity to increase their total number of tokens buy selling immediately and buy at lower price.
member
Activity: 448
Merit: 37
Quote
Sell immediately or HODL?
That's a good question . Now , when I earn some experience , I think that it mostly depends on current market trend . If market is growing - you'd better hold tokens , because everything grow on bullish market and you will be able to make additional profit . But if you on bearish market - the best you can do is to sell it immediately , because everything is falling down , no matter how good it is . I hope my experience whould be useful for someone else .
full member
Activity: 522
Merit: 101
I think that it is worth selling half of the tokens received at once, and leaving the rest for the long term.

This strategy is good in a growing market when the price of the token grows right after the ICO. Now tokens in most projects are falling in price, so selling half immediately you will lose money in the long term. I prefer to hold all the tokens.
sr. member
Activity: 560
Merit: 250
First of all, if you are selling your rewards immediately you dumping coin and doing something bad to this project. So I prefer to hold.
member
Activity: 336
Merit: 10
I think that it is worth selling half of the tokens received at once, and leaving the rest for the long term.
jr. member
Activity: 224
Merit: 5
If you can just hold it for a year or two, in my opinion you will earn big amount of money most especially if the cryptocurrencies that you have will all go up over the span of time. But sometimes, being in need will tempt you to sell your crypto asset at once.
newbie
Activity: 28
Merit: 0
better hodl then but if you got thousands worth of token you can sell couple of hundreds 1st then HODL..

D104
member
Activity: 252
Merit: 15
I'm sure, HOLD - the only just verdict possible. Crypto market still on the bottom..
newbie
Activity: 18
Merit: 0
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 will be worth it if you hold your coins and wait until it reaches the highest value. Well, it depends on your goal you can encash that anytime to provide your needs and wants but don't forget to save up for your future.
full member
Activity: 234
Merit: 100
Some coins I sell at once, and some hold for a long time. It all depends on the project, on its prospects
full member
Activity: 279
Merit: 105
I usually prefer to sell almost immediately. I have had different experiences with tokens obtained in bounties and experience shows that it is best to sell them as soon as possible.
member
Activity: 308
Merit: 11
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 someone without capital like me I participate in bounties because that is the only gateway to cryptosphere. That being said the amount of dumping that occurs after end of ICOs is the only reason i might be encouraged to convert to ether  in order to buy more tokens after the initial price dip
full member
Activity: 574
Merit: 100
In this situation all are getting down I suggest to sell it then go for another signature campaign if you see that stable already that's the time to invest your your profit in your last bounty campaign. Always monitor the market exchange so that you are aware what to do.
full member
Activity: 308
Merit: 100
Sometimes I prefer to sell all the coins at once, and sometimes I keep the coins of the project. It all depends on the project, on how much I believe in the future of this project. Sometimes I do not like how the bounty campaign is organized and so I sell the tokens, I think that a professional team should be professional in everything.
It is not a good indication to rely on about on how the campaign is being managed yet it would still entirely depending on the potential of such project. Bounty rewards either would choose to be hold up or to sell out immediately and this thing would be depending into your decision.There are instances on where we do need money yet we need to cash out immediately for the benefit but sometimes there are exclusions which we do saw that the coin do had potential and decide to hold it up for some time.
I'm talking about cases where spreadsheets are not updated for several weeks, about cases when after I wrote a bounty to the manager about the problem, I received a response in 2 weeks ... This all creates a negative impression about the project. This can mean that the rest of the project's employees are doing their job poorly.
jr. member
Activity: 238
Merit: 1
Most people I know earn generosity, mostly sell their tokens, because they are afraid that the coin may lose its value and go to waste, while some, including me, would prefer to hold them not because we expect that it will reach a higher value in the future, but we consider this as a form of savings.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
Sometimes I prefer to sell all the coins at once, and sometimes I keep the coins of the project. It all depends on the project, on how much I believe in the future of this project. Sometimes I do not like how the bounty campaign is organized and so I sell the tokens, I think that a professional team should be professional in everything.
It is not a good indication to rely on about on how the campaign is being managed yet it would still entirely depending on the potential of such project. Bounty rewards either would choose to be hold up or to sell out immediately and this thing would be depending into your decision.There are instances on where we do need money yet we need to cash out immediately for the benefit but sometimes there are exclusions which we do saw that the coin do had potential and decide to hold it up for some time.
full member
Activity: 280
Merit: 100
I believe in crypto so HODL is my motto. Only if the project looks and acts like a duck scam, I consider selling as a preferable option. Sad but true I have to do it more than I would like to
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