Topic: Bounty Rewards: Sell immediately or HODL? - page 57. (Read 7179 times)
For the first time i've already got my accumulated stakes with a price and ready to exchange, i do exchange it immediately for many reason come's out my mind but for sure because it was my first time the eagerness will prevail. But on the second time around i started hold it first especially when the price is dumping. Until now and then i am holding some and exchange if badly needed.
Bounty rewards are free so people who got those free tokens will immediately sell it. If you want to invest in it and wait for the price to increase, hold them unless you really need a money then sell them.
They're not free because usually you also have to work for them. And you also have to do research on the coin you're supporting because if it's a good coin, then there's a big potential that it's value will increase in time.
here everyone decides for himself. may not like the project may not be suitable coin or on the contrary are satisfied
Bounty rewards are free so people who got those free tokens will immediately sell it. If you want to invest in it and wait for the price to increase, hold them unless you really need a money then sell them.
based on my experience the coins that I get from bounty rewards more that the price rises after 6 months more enter the market. so my advice is better to hold karna we could get rich just because of hold the coins from bounty reward. but not all bounty reward coins will rise in price. we can find out which coins are roughly going up from their whitepapers
If it's a crappy coin from a project with no concrete workplan and good roadmap, then I suggest you just sell the coin as soon as it hits the market.
But for those coins earned form good projects from excellent companies, I suggest you HODL.
It will have good to excellent prospects for you
But for those coins earned form good projects from excellent companies, I suggest you HODL.
It will have good to excellent prospects for you
before I decide to sell or hold, I will see first and look for information about the coin, whether it will be profitable or not and will continue to grow or not, if the coin falls and does not have a good future then I will soon sell it
for me ill hold my bounty rewards because im willing to get a higher profit.
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
Tokens of new startups at the very beginning have a very low price because they do not have a finished product and no one trusts them. But if the developers will achieve a significant result, the price may increase tenfold. Therefore, you do not need to rush to sell the bounty award, because over time the price of the received tokens will only grow.
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 ##
Immediately sell is only if the bounty from the company in which you took part, causes mistrust. If the project was good, then it makes sense to wait half a year or more.
it depends on the project, when i think that the project has a future then im going to hold. It's better if you research about the project so that you will know if it worth to hold or just sell them immediately.
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 best to HODL tokens earned as a bounty reward. Prices of tokens during the start of the project are usually no appealing and take sometimes to take off, prices go high in events like when tokens are enlisted on the exchange etc.
i definitely will do HODL when the bounty that i participated in is having such a good future(imo). but, for the other bounty that lack of reward and just so-so vision, i tend to sell the token after i got and the prices is good enough.
I think it all balls down to the type of coins or tokens you were given as the case may. If its a coin with potential and good future projects, it is always advisable to hold such but If otherwise, it is better to sell off.
Everyone has their own strategy! Someone sells, someone holds . I sell 90% of my coins at the beginning of their trades, then if I see the potential in the project, I buy a coin only it costs by the time even cheaper
in my history of bounty campaigns , when i receive my reward ,the project arleady hit exchange 1-2 months ,the price is bad and trading volume is smaller then before . there is no reason keep holding
Do you sell your Bounty Rewards straight away or HODL? Any insight into your reasons would be appreciated.
I've been doing bounties only during the last months, so I took part only to 3 campaigns, but I decided to keep these tokens because I participated to projects I really believe in, I wouldn't waste my time to do whatever bounty campaign only to get some random tokens. So I hold.From my experience, almost all of my tokens are hodl, their prices are steadily declining, so for now, I think it's the best move to sell it right away if we are not convinced that altcoin is for long-term investment but I always hodl every time I get token of bounty , I never sell it right then and there, it's because in my mind I think the price will go up if we hodl a little longer
If you receive your bounty token when market down and price go down below ico price, then hold it and wait for better price to sell. If you see potential in your coin, you should keep it. All decisions belong to you
I guess we share the same strategy when it comes to how our bounty proceeds are being managed. I do not sell immediately. For me that is pointless because the project has to perform its operation first before any token will gain any increase in value after the ICO. And it will not happen overnight or in a day's time or even in a month's time. There will be so many things to do, partnerships to be sealed, promotions, marketing tours to be done. If you do not believe that the project can do it, then why promote it in the first place?
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