Topic: Bounty Rewards: Sell immediately or HODL? - page 6. (Read 7179 times)
Depends on what this company is. If this company has a promising future, it is better not to sell coins immediately.
If you knew that the project will not last then sell your bounty tokens quickly once they hit exchanges cause many bounty hunters will dumped and make the price to go lower.
I suggest to hold good tokens. Very often the price of such tokens a few months greatly increases.
according to the experience I experienced after the token or coin division I chose to hold. but depending on we see the road map of the project if it has good value we hold but if its value is getting worse or cheap we sell.
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 situation, if you need a quick money just sell it, if you think its good to hold, just hold it 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 ##
If the market is unstable as of now, then it is better to hold the tokens. When the market returns to the price of these tokens will grow.
if I can give you a concert. if you get a gift of grace. and the price of the coin is low then hold it and save to wait for the coin price to go up so you can get a lot of profit.
Half to sold, half to hold, best way but if the project was good, then it makes sense to wait half a year this is my strategy that I follow.
Yes, you are right about the fact that in many countries the amount of remuneration of$ 100 it will be a great holiday for the family budget. Unfortunately, I know a lot of hunters who sell all tokens to Ethereum Delta. I personally bought from them. personally, I try to sell 50% of the coins when they are on the exchange rise in price, and the rest of the coins I leave on my wallet.
The price of the tokens usually fall lately as we are in bearish market. It was not always like that. We have different options after ICO to sell all or partially , to hold or trade with the bounty tokens. What to do it depends on the market situation and the potential of the project as well. If the ICO has great potential it is wise to HODL the tokens at least some of it.
Depending on the circumstances and whether the results of such bounty has the potential or not. If it has the potential to certainly hold the course for some time until the price goes up. or even that most often people much resist also because prices were below the ICO. impatient to wait until it has a good price and then sell.
if a really good project and coins, then of course you have to hold
Bounty rewards are suggestable to hodl for first 3months then thereafter better to sell the coins whenever the market is on a bull market i would suggest this move is a good one
With your reasoning, I agree 100%! Of course, if a person now really really needs this money and has no more income, he will sell everything at once to exist, although he understands that over time he could get at times more! One who does not need certainly will hold up for a more profitable time.
It all depends on the bounty project you join. If the project is good and there is a clear road map, the dev team is good, dedicated, maybe you should HOLD one day it will go to the moon. If a project is not good then you probably should sell it right away because then all the coin you get from the project may become worthless.
Sell them immediately is not right decision ,so in my notion we have to keep it for prolong time and wait for the good time.
if I prefer to keep holding until the price gets better again. even if someone who sells their bounty gifts is now a stupid act. do not know will be big profits in the future when the market is improving .
It depends in the project of your bounty campaign you joined. If it seems like the project is trash and just like some other campaigns then the future of that project is cloudy and might be a scam in the future, you can sell but if the project is unique and the team is trustworthy then it has a high chance of success in the future,.you can hold it
When you get a Bounty reward and see that the coin/token has not been listed on a good exchange and the project still has a good future, you can hodl. But if the project is already on many exchanges and the price appears to be stagnant one can think of selling.
You said right, many people in the third world country lives below 1 - 5 dollars per day and bounty puts food on their table and helps them to buy their bills and live a good life, So they sell off once they get the bounty tokens.
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