Topic: Bounty Rewards: Sell immediately or HODL? - page 56. (Read 7179 times)
When you doing bounty, you read countless info about the project, FUD or otherwise. So you should know better. But according to the stats, at the first, token price is skyrocketing. But after a month or so it goes down below ICO price, sometimes even below pre-sale. So selling straight and then buying back could be a good strategy. Unfortunately, bounty hunters got their tokens quite late, when the price is going down. Because we're the ones who dump it first and hurt the price.
If you very urgently need money, then you can sell a small part of your reward. But if you save the coins that you received to participate in the bounty then you can get for them much more profit after a year or two.
In my suggestion it's better to hold than to sell it Immediately, Many bounters sell their Bounty rewards and gain a small profit unlike the holders gain a huge profit by holding the rewards.
well done. and doing like this you're really showing that you did this bounty tasks like not only for money, but for the project behind that tokens. so far I often sell my bounty gifts after receiving token from them. I rarely hold token from bounty campaign because I'm afraid the price will go down. I do not want to experience an incident like my friend who has lost due to hold tokens for a very long time.
Ya, that also a good skill for your hard work reward, but you only earn a small profit if sold them after receiving token from them, I prefer to 70% holding and sold 30% bounty reward, so you'll earn extra profit when token price increase 
so far I often sell my bounty gifts after receiving token from them. I rarely hold token from bounty campaign because I'm afraid the price will go down. I do not want to experience an incident like my friend who has lost due to hold tokens for a very long time.
I have not sold anything yet, but I think that it's worth to leave 50% hodl, of course, if you don't need money urgently, it's clear that many companies can die Through half a year, a year or two. Therefore, one always needs to look at the real perspective of the project
Now when the market is falling I try not to sell anything.Let them lie a few years and rise perhaps as an ethereum
Hold or sell, depend on the price of bounty reward. If I get altcoin that potential for future I wanna hold it.
That depends on your firm decision. But if these tokens/coins are very promising to go up very high in the future then it's also a good idea to just hodl it for now. I have seen many tokens that has almost a valueless price but turned so big in the coming years.
I prefer to hold, every coin in hold has good potential I've seen it all along,if the coin is directly on sale and new in the distribution of its cheap price,unlike the coin that at hold its price soar
I was just looking around at some post that fit me to be part of it.
And I found this thread that's kinda interesting and related to bounty work. As well as the thread,
I found a reply from BitRentX which has opened my mindset about bounty work.
From the reply that BitRentX made, we can assume that he was a person that fits
" Sell Immediately " category.
Because I think he's a pro in this kind of thing, and that's why he'll choose to hold some of his crypto assets.
But it seems that lots of people in my country including professional and of course Me which is a newbie to this kind of thing sell their bounty rewards immediately.
And I found this thread that's kinda interesting and related to bounty work. As well as the thread,
I found a reply from BitRentX which has opened my mindset about bounty work.
From the reply that BitRentX made, we can assume that he was a person that fits
" Sell Immediately " category.
And same with me, I got my first token from an airdrop last month (POLY) and sold them yesterday when I finally understand enough about how Etherdelta works. Even with BTC -I get paid in BTC monthly by some company- I almost never hold it for long even though I don't need the money at all. Thus saving some coins every month will be my resolution of 2018.
Before I found this, I thought that a person like BitRentX is a person that fits the HOLD Category person.Because I think he's a pro in this kind of thing, and that's why he'll choose to hold some of his crypto assets.
But it seems that lots of people in my country including professional and of course Me which is a newbie to this kind of thing sell their bounty rewards immediately.
If it's from a good project and potentially I always hold that coin. But if it's just an ordinary coin then I immediately sell it. But sometimes I'm afraid to hold on for too long, because the market is in turmoil. And finally I sell it immediately.
Hold or sell, depend on the price of bounty reward. If I get altcoin that potential for future I wanna hold it.
In my suggestion it's better to hold than to sell it Immediately, Many bounters sell their Bounty rewards and gain a small profit unlike the holders gain a huge profit by holding the rewards.
If I have join a good project with its bounty then I rather choose to hold.
It strongly depends on the company that provides the bounty you are doing. If, for example, there is a company which is not really trustable and you cannot notice any potential in there, there is a must to send it right away.
iI think you should hold on to these coins, you never know what value they might attract, the project might be a success and make you rich, so dont be in a hurry to sell off
In this kind of situation its really tough to decide the right thing to do, but for me if I dont need the money I'll just hold it rather than sell it because well never know time will come the market value become higher.
I am selling immediately my coins gained from bounty because many participants selling their coin also and tge price will dump so before the price hits low i am selling it but when the coin has a good future for me i am holding it because theprice will have a good value soon.
About now Hodl.
How to know is Welltrado.io giving a bounty?
This has been a dilemma for me as well. But what I do when this comes to my mind is very dependent to the current situation if the coin itself and how am I in need of money at the time. For example, as I gain my earnings, I see that the coin they gave me has been increasing and I don't need money that much. I as a result hold the earnings I gain and cash it out when I need it. It has proven effective for me.
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