Bounty Rewards: Sell immediately or HODL? - page 58.

semutracing

full member

Activity: 350

Merit: 100

Quote from: Man21 on March 12, 2018, 08:38:57 PM

Quote from: Bay_Harbour_Butcher on March 09, 2018, 10:06:50 PM

this depends on each individual's thoughts, and also the condition of the market at that time, if the market conditions are good, that means maximum price, then selling is the right step, but if the price of coin in the market is very bad, then preferably HOLD

Its true. We can not treat all the token with same way.
Each of the token has its own popularity which will impact to the price.
For situation right now, i prefer to hold since the price is very low now and the income is decreasing

Bounty prizes will sometimes tempt you to sell your crypto assets at once because of your financial needs. But if you can only stand for a year or two, I think you will get a big sum of money especially if your cryptocurrency will go up over the span of time

Tux99

member

Activity: 238

Merit: 10

Quote from: jankole14 on March 23, 2018, 05:31:15 PM

Yes i also not understand peaople who are selling bounty tokens for cents, i am also HODL all my rewards bounty, just because that price will be anyway growing up amd small capitalization tokens will do it with great X!

Not all coin would be not increase after hit the market and sometime there are coin which will increase for example credit.
So we dont need to sell immediately and holding is good choice i think. So now its depend on person itself, they like holding or sell soon.

mokong11

newbie

Activity: 187

Merit: 0

It depends to the project of bounty that i join if i will hodl their tokens or i sell it immediately, if I think that the project of bounty that i join will be successful i will hodl the token that i will received to them and i well sell it to the perfect time its a matter of wise thinking of trading.

jean messi

newbie

Activity: 101

Merit: 0

I think it is better to keep the coin (of course, if it's not an outright SCAM). Of course, it all depends on the time and context of the events, but in most cases - this is the best option

Advicerabi

member

Activity: 210

Merit: 10

It all depends on the project, but it is best to hold those bounty rewards until they reach a reasonable market value, because potential coins will take time to increase its price along with their developments.

Hugoboss001

newbie

Activity: 4

Merit: 0

Well, I do HODL. I believe if the project will be successful, I cheat myself by selling early. There are time you wish I could sold at on time or the other. Generally, I believe hodling is the best.

jayco25

full member

Activity: 336

Merit: 106

Actually its really depends on the project and how bounty hunters play in the market. Obviously a lot of hunters after getting the coins they really dump it even below ICO price which affect the project. I joining bounties also but half of my reward I just keep to my wallet because all bounties that I have I really love the project and I believe it has a potential

#Taklimakan

Phil419She

full member

Activity: 346

Merit: 100

BitSong is a dcentralized music streaming platform

Actually it really depends on the coins that you earn. There are some coins that after being released in the market, there is no other way than go down. So lots of bounty hunters sell their coins asap, and this actually worsen the state of the coins. But there are also promising coins that are better held, and you can also find some bounty hunters that even now are holding their coins.

laserfocused

member

Activity: 171

Merit: 10

Quote from: aussiesloth on February 11, 2018, 10:32:23 PM

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 ICO. If you have a super star hq ICO, Then hodle like a mofo. If it is suspect or average sell on the pump out of the gate.

lifengpu

sr. member

Activity: 504

Merit: 250

usually a reward after the generosity campaign I hold for a long time to sell them at a higher price

Tosin12

jr. member

Activity: 364

Merit: 1

For me I see bounty reward as an opportunity for me to invest in digital currency in as much I cant afford to invest money into it for now because future is all that I'm looking forward to and if after ICO the projects developers implement fully their roadmap it will worth the while and better my lot in the long term process

icol333

full member

Activity: 504

Merit: 107

Mostly, some coins hit a smaller market first before aiming for the big one. And the price itself is also different too because of the volume and the user's interest. Some big player prefers to trade in the big market, so it can be more profitable compared to the small ones.

For me, I mostly keep one or two coins in my pockets and sit 'em down until they hit a big exchange. And the coins that I hodl is the coins who got a high ICO raised, because of its potential to rise.

Kahoy01

full member

Activity: 481

Merit: 100

If you want to immediately get your profits without any alteration or changes on its price I suggest you sell and convert it right away after getting it from your ICO. Otherwise if you wanted to gain more than what you have earned I suggest you hold it especially when the price is green. You could expect an increase in those points in time. Here are the suggestions I have told you. It is now up to you whether you sell it or hold it.

topchiiy86

newbie

Activity: 196

Merit: 0

Most of traders hate bounty hunters as they usually dump every coin they get. So when I get a bounty reward I usually wait until the price gets up after dump, and sell only half of my tokens if I believe that project has a good potential. But when I get more and more coins it becomes harder to monitor all of them, so I can start selling to reduce this number.

Dark_raven007

newbie

Activity: 224

Merit: 0

I do not do bounty for a long time. But I have already estimated the advantages of HOLD. It brought me much more money than selling right away. But everyone has their own views and everyone thinks differently

mandibleclaw

member

Activity: 532

Merit: 50

ONe Social Network.

Quote from: hendra12 on April 06, 2018, 09:33:58 AM

Maybe if there is have a potential from the ICO who give you a bounty. I think a better way is hold that bounty. And if you see the ICO not going to success you can sell that bounty.

Of course you must research the ICO's signature you're going to wear, if you just choose an ICO without potential there's a big opportunity that your tokens will be close to worthless

LUCKY21

member

Activity: 224

Merit: 10

It all depends on the coin. Some coins need to be retained, and some can be sold immediately upon entering the stock exchange. Everything depends on the project. You can sell 50% of coins, and leave the remaining 50% for a long time.

hendra12

jr. member

Activity: 224

Merit: 3

Earn with impressio.io

Maybe if there is have a potential from the ICO who give you a bounty. I think a better way is hold that bounty. And if you see the ICO not going to success you can sell that bounty.

kindbtc

member

Activity: 1008

Merit: 12

SAPG Pre-Sale Live on Uniswap!

Do not sell bounty tokens for cheap or below ico price, i personally like to sell at a much higher pricethan ico but mostly i have to wait for few months to find a better price.

idgaf007

jr. member

Activity: 126

Merit: 4

I would sell the half and hold the rest for a couple of years if the project is good and I believe in it. You need to reward yourself so that you will be able to hold the rest of your holdings without regrets if everything goes bear.

Topic: Bounty Rewards: Sell immediately or HODL? - page 58. (Read 7179 times)