If you participate to the forum just to make some little money to pay the bills, I understand your bad situation, but it's a pity.
We are here to make big money, because we are an elite of pioneers.
Bounties are just an insignificant plus.
Topic: Bounty Rewards: Sell immediately or HODL? - page 67. (Read 7179 times)
I don't sell my rewards. I usually save everything, maybe in the future the projects gain value. All these icos are very new projects, most of them are just ideas, I think you need a good product to increase its value.
I always remember the first rule, don't invest what you can't lose. Well, for me this is the same. It's an investment more.
I always remember the first rule, don't invest what you can't lose. Well, for me this is the same. It's an investment more.
It all depends on the project, if it is a good project I sell half of my tokens, and another half I will hold. I think this is the best way.
I don't usually sell the rewards. I've already participated in enough bounty campaigns and so far I think I've only sold the tokens of two of them. And I did it because they deceived the participants and didn't comply with the agreement, so I didn't want to support those projects.
I try to participate in campaigns of projects that I think are good or that may huge future, and since the investment hasn't cost me money, I hold the tokens waiting for their value to increase in the future.
I try to participate in campaigns of projects that I think are good or that may huge future, and since the investment hasn't cost me money, I hold the tokens waiting for their value to increase in the future.
For those who consider the campaigns as a job that allows them to get those few pennies to pay the bills, it is clear that the temptation to sell everything immediately is constant.
But in this way you lose the main advantage of the bounties, that is to be able to participate in an ICO without having to pay the coins, and then to make an investment that - with a little 'luck - can become very profitable.
But in this way you lose the main advantage of the bounties, that is to be able to participate in an ICO without having to pay the coins, and then to make an investment that - with a little 'luck - can become very profitable.
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 ##
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! 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. We cant say exactly about this. But most of token will be reduced after ICO date because the participants sell too much. So now, the bounty managers usually set a law that they will freeze your tokens in few months to prevent you dump their tokens.
I have often regretted the quick sale of coins. But I also have coins that could sell well before, but decided to wait and they fell much. It's very difficult to guess. All coins now depend on the price of bitcoin
For example, I have not yet received such an opportunity that I would sell my tokens for a normal price, but if I could get a normal amount, I would sell it right away! But for a trifle there is no desire, let them lie better in a purse
I think it all depends on ourselves, if we believe in the project and be patient to wait for the roadmap then we have to hold it but if we have a very urgent need and force us to sell coins then we must do it, there is no other choice I mean
If the project is good then I just HODL it and if I get a small amount of bounty then I usually sell it off because it won't matter even if the prices go up. Usually I do bounties of a few projects which are good enough so usually I HODL most of my bounty tokens.
I basically keep for a long perspective, because if you sell right away then you can bit off . And ETH this is a good example, the people's lap received free 100-5000 eth and pounded them at once for 1-2 $. And after 3 years to see the price of $ 1400 for one, there may be nerves nerve-holding; DD
Personally I always hold my bounty coins but it really depends on the project and my opinion about it.
Some are selling immediately as they are paid for their effort but i have been holding same as the investors are holding for a huge profit and i got no regret
It depends, my biggest return from airdrop was like 400$ for Polymath, I sold them immediately and it was the best option. On the other hand, I participated in HAT and sold for 20$,after a month it worth 600$. No one knows what is better, but if you are in a strong necessity of money, you don't have any reason to hold
You can sell bounty rewards immediately for instance profit, but you lose the true potential of a bounty. There can be a possibility that the coin will have a big growth and you will make a big profit if you hold. Whereas, if you sell them immediately you can only earn a few amount.
just 90% of the coins fall after entering the stock exchange and what's the point of keeping them ?if you really believe in the project you will be able to buy much more ..But again !!!This should be monitored and transferred at the right time to the stock exchange to sell quickly.Sometimes it is not always possible.
Selling now, with the market so low, seems to me to be an absolutely ineffective choice, unless you are starving to death.
Much better to wait for a more favorable moment.
Much better to wait for a more favorable moment.
Don't sell all coins at once.
Hunters are the major reason why the price of a coin dump after releases payment.
If you will be like others that are getting money easy even at low there will be a big problem.
I am the one who doesn't sell coins right away and keeps it longer and makes the best price out of it.
Hunters are the major reason why the price of a coin dump after releases payment.
If you will be like others that are getting money easy even at low there will be a big problem.
I am the one who doesn't sell coins right away and keeps it longer and makes the best price out of it.
It depends on the bounty campaigns. There are some that I think could really increase. In this case, I usually keep the total reward. But others, well I am not really sure that the price will be much higher a day, in this case , I prefer sell and buy other altcoins.
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