Bounty Rewards: Sell immediately or HODL? - page 71.

Hatuferu

legendary

Activity: 1092

Merit: 1000

https://trueflip.io/

Quote from: batier84 on March 22, 2018, 02:54:12 PM

If the price suits me, then I sell them immediately, and if the price is not high, I guess it has to wait for better times.

The best technique if you also want to benefit when the value of the tokens will rise is just to sell only half of what you earned.
At least you are also helping the project by not dumping all you got because it will significantly affect the price and it's not good for the eyes of a typical investors.

batier84

member

Activity: 308

Merit: 13

If the price suits me, then I sell them immediately, and if the price is not high, I guess it has to wait for better times.

Tylev

full member

Activity: 854

Merit: 104

If you carefully select ICO projects to participate in the signature campaign and be sure that the released tokens will grow in price, then of course, it would be wiser to keep them until the time when these projects unfold and the tokens gain strength. However, in many cases it is not possible to hold the received tokens for so long, because you need to pay current expenses. I think that everyone understands that with time tokens can bring a good income, but not everyone can get them to hold. In addition, some bounty hunters, after receiving tokens, invest from selling tokens in bitcoin, ethereum and other commonly known coins.

BigDig

member

Activity: 277

Merit: 12

Depends on your personal relationship to the project. if you think that he has the potential for long-term development, then keep the most obvious choice. Lately there are many one-day projects and if their payments will be worth something, you should sell without regrets.

k-west

member

Activity: 336

Merit: 10

Just hold for a year or two and you will see your bounty reward getting ×5 ×10 times more.But the project has to be not a pure scam.If ico looks like a scam-get rid of the coins as soon as possible.

AlexMorzoff

member

Activity: 169

Merit: 10

For me just hold for a while sometimes after ICo many people selling thier tokens but tokens may rise its price in a few month if you want more profitable. no one losses you if you hold your token its in there in your wallet.

Tsyhan

full member

Activity: 613

Merit: 105

if the project is overvalued at the start and you understand that the token will go to the bottom immediately after entering the exchange, then I sell. And I buy more coins below. But most of my tokens are in HODL.

philadey30

newbie

Activity: 158

Merit: 0

You're right many bounty hunters, sell their tokens immediately it's been received to get cash, that's just the mindset of most bounty hunter. But in other way Imagine Newbie that just started with crypto and has no fund to invest, what do you expect from such, he will have to sell immediately.

As for me I do wait for at least a month after the coin hit exchange to study the potential in market. Mostly I sell half and hold half till the road map is completed.

sevtan74

member

Activity: 192

Merit: 10

If you are confident with the project that it can grow potentially to the fullest in the future,the best thing to do is to hold until the develoepers has fully developed the coins,which may take a couple of months or even a year so then the price of your tokens would be huge.

annstasia009

member

Activity: 168

Merit: 12

ONe Social Network.

I am always in such a position that good and prospective coins need to be kept for long periods as they develop and can bring a good profit.

whatthesith

copper member

Activity: 301

Merit: 10

simply getting the job done

Like others said, half sell and half HODL, but if it is really good ICO, then HODLax and HODL everything Grin

So it is good, if you know something about ICO you promote.

Muruga

newbie

Activity: 126

Merit: 0

In order to decide to HODL or sell immediately received rewards from the Bounty, you should know the general situation on the crypto market.
If the market is growing rapidly, it is best to hold the tokens and sell them at a higher price. For example, in December 2017 ARN tokens rose from
$ 0.50 to $ 9.5 in two weeks. At that time, the entire crypto market was on the rise.
If the market is in the flat or is down, then you should immediately sell bounty tokens.
For example, in January - March 2018 TEL tokens dropped 80 percent after they entered the crypto exchange.

sumonrud

full member

Activity: 462

Merit: 100

Quote from: erickastella on February 21, 2018, 07:45:41 AM

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

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 mine , when i received bounty token , i feel , i sucessful supported their project by joining their bounty program.
but , when bounty participants receive their bounty reward , their usually sell the token and make the token dump to low price , can recovered but need time.
i better hold for long term for support their project and reach more earning from bounty , trust the project and the price will increase in future.
but if i need money , maybe i will sell my token , not all , maybe 1/4 of my token total.
thats just my opinion.
cmiiw.

I agree with your opinion, we should better hold for a long-term and we need to wait at least for 1year i think that. I think to hold your bounty reward if you don't need urgent money then you should hold because tokens price needs time to grow your bounty rewards.

BitProCoin

member

Activity: 238

Merit: 10

I usually don't want to sell the bounty rewards immediately, i keep it for a long term. Usually after the reward distribution there are immediately sales and the price drops considerably.

Astrilian

full member

Activity: 350

Merit: 112

Ecosystem for Fundraising DAOs — ICOs 2.0

Quote from: royale143 on March 20, 2018, 07:09:27 PM

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 ##

Before, I used to sell them the soonest possible chance I get; however, I have seen that the coins may rise up after being help for a couple of weeks or months, maybe to a maximum of three to six months. I have read an article that says that some ICO or bounty-based coins have that trend of gaining value while the project is running, and when the support mellows down, which is usually after around three to six months, that's the time the coin value also goes down. So, I just time it when I should be disposing it for the biggest profit I can get.

People sell for a variety of reasons, often simply because they never believed in the project and would not have invested a single dime of their own money to begin with. If you don't see any intrinsic value in an investment You want to dump it as soon you can. I don't think starvation is the driving gactor behind that as individuals who are more knowledgable about advanced or innovativetech are typically better of than their peers.

jsscswan

full member

Activity: 266

Merit: 100

Maybe from some people including me who sell tokens after participating bounty have an urgent reason to want to pay off their debt by selling token. Once the debt is paid off then every time I follow the bounty and get paid a token form then I will HODL for long-term assets.

Firefox07

full member

Activity: 532

Merit: 100

I think its not wise to sell all your tokens immediately. Its more better if you left some in your wallet for future purposes. Like what if the tokens you receive will be one of the top 10 alts in the future.

Akiko

full member

Activity: 896

Merit: 198

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 ##

I think it is depend if you need money to get profit but if you need to make high price to sell just hold.

Mainman08

full member

Activity: 406

Merit: 100

After i receive my tokens in a bounty campaign. If the value of the token is good. I always sell half of my tokens. And i hold the remaining for a long time. Because we don't know what will happen to the token after they implement their road map.

Nilupulie

newbie

Activity: 322

Merit: 0

Normally i prefer to sell 50% of the bounty rewards and other half i HODL for a longer period. If it is a good project i do not want to sell a single token and keep it under HODL. But we can see so many bounty hunters are selling their bounty rewards as soon as they received it and i think it is not a good decision. If it is a quality project you can hold for long time to get the good profit.

Topic: Bounty Rewards: Sell immediately or HODL? - page 71. (Read 7179 times)