Bounty Rewards: Sell immediately or HODL? - page 72.

Chiyoko

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Activity: 305

Merit: 10

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Quote from: ThachSanhTp on February 11, 2018, 11:10:25 PM

If you strongly believe that is a really good project (good coin/ token), you should hold at least 1 year to multiply your profit
Otherwise, sell it all.

Yes , but it depends also to the project, and be patience if you believe that it will succesfull next.

babay_ko

member

Activity: 98

Merit: 10

It all depends on the project and how quickly you want to get your money (coins, tokens). If the project is prospective, then you can wait a little, on this decide yourself to sell immediately or HODL ?.

Tynovten_

full member

Activity: 420

Merit: 101

Let me know how long should hodl if it's worth it. Many times i try to hodl to get a high value, but i really can't stabilize the emotions when looking at the price of dump. Until this incident made me continue to sell as soon as possible if get it. someone's needed also being a factor why should be releasing soon.

royale143

member

Activity: 294

Merit: 36

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.

david0ikari

member

Activity: 280

Merit: 20

I was doing the same at the beginning. Selling off straight way until the market drop down, and I did not make that much . Now, good bounty rewards or very valuable coins will stay in my wallet as long I can make more money. My word is HODL

kumarp

newbie

Activity: 27

Merit: 0

The big question is how much the value of bounty rewards. even if you hold for 10 years the will not worth for a penny. i saw most of the bounty 90% of bounty rewards went scam and they are not usable and even you get very few coin the transaction fee is higher than what you sell. if you get much better coins better you hold some time you will sell some decent amount

CoinsInvest9

member

Activity: 153

Merit: 10

I see that majority people who join bounties campaign, will sell token after received it and i think this is normal, maybe they need have money to pay their bills. For me, i will hold all token which i received from bounties campaign and only sell them when they finish their product as showed in Roadmap. All project need have time to perform and only when project have product then we will see its price go up.

Crypto_circuit

jr. member

Activity: 420

Merit: 7

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I participate in many different bounty program and there are some I hold high value for I don't sell such coin in the short time except money need arise, while other coin which I just stumble on because they look fairly good I would sell off as soon as I need to.

When you do your due diligence you should know what to hold for a long time and what you just sell of.

tommisetiyawan

newbie

Activity: 148

Merit: 0

If you are very confident that this is a very good project, you should have at least 1 year to double your profits. I prefer to survive, But all the benefits depend on you. Why sell tokens as early as possible when the token has just been released to participants and on the exchange, If only you could wait a little longer to get the price up to the top at least you can get more. And I would rather hold a token if I believe this project has great potential and a real product to offer the real world not just ideas and speculation.

justine11

member

Activity: 336

Merit: 12

Well for me, i will sell the tokens immediately especially if the the token/coin has no future, but if the coin has a future, then i will hold it for a month or two then sell it. My friend got lucky in waves bounty she said to me that he made almost a thousand dollars in that project but for me, tokens aren't advisable to Hold longer since they are risky to hold

tobatz23

full member

Activity: 448

Merit: 102

As for me I do sell the half of my bounty reward if needed or HODL it if not and the other half for investment in a good ICO project..

integrap

member

Activity: 182

Merit: 10

Quote from: gernoto on March 12, 2018, 10:38:34 PM

I will split the token and sell half of them. The other half I hold them, in purpose that the price will going up someday. I sell half of them because I need them for living cost.

That's a good idea. I agree with you. I didnt sell all my coins that I had from bounties. I could make at least $20.000 from them. At least I could sell and I could get half of it. But now they dont even worth more than $1000. Then I thought to sell half and sell half. Now it is better.

Omnia Vanitas

newbie

Activity: 110

Merit: 0

The true meaning of the bounties is to conserve what has been received in the hope that it will have a big increase in value.
Changing immediately what has been earned is a pity, even if sometimes it is convenient.

condura150

full member

Activity: 244

Merit: 101

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 ##

For me when I receive my bounty rewards I automatically think of selling them specially if the price is reasonable or if I think that the price is equal to the amount of work I have done. I also sell my coins immediately specially if I need the money to pay bills or buy my needs. But whenever I receive my rewards and I don't necessarily need it right away I HODL my coins for a little longer in the hope that it will rise in price and I would gain huge profit from it.

Xanxus024

full member

Activity: 434

Merit: 104

If you think that your coin or token is worth of holding then you must hold it to make double your profit and beside if the project is good then you should decide for your self if you are going to sell it or hold it or maybe you can sell some part of it then hold the other or you can sell it in the right time its your choice.

Mark Promo

member

Activity: 132

Merit: 10

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I prefer to sell about 80% of the received tokens, and hold the rest. Unfortunately, most tokens become cheaper over time. And only a small amount becomes more expensive.

SirgulioB

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Activity: 477

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Quote from: bitcoinbox on March 12, 2018, 10:19:35 PM

You can answer this questioin by yourself. Just pick randomly let's say 20 bounty campaigns and look at how the price has evolved over a period of 6 months and 1 year.
Then you'll realize the only way to make good money with bounties is to hold. But take the time to do this study and you'll see, it is interesting.

I also stick to the strategy to hold the tokens for a long time.
But that's what you said fairly in the growing market. I'm not sure that this strategy will be best if the market does not grow by the example of a year or more. I admit the possibility that in some cases it will be more profitable to sell immediately.

hritevanz

member

Activity: 182

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 ##

I’m actually working on signature campaigns and I only invested my time and not money. When I first had my token as payment, I hold it for a while because I believe that the value of token will increase more however, the opposite happened. To be honest, the value of my token dropped with 75% and seriously, I really don’t know what I will do to my tokens. Should I sell it or not?

ngovanngoc

newbie

Activity: 37

Merit: 0

I think depending on the project you are investing time!! If that quality project you can hold long term to increase profit!!

ice18

hero member

Activity: 2492

Merit: 542

For me it depends on the project that I have participated if in the first place they are honest to all the rewards that distributed Im sure the project has a good future then holding your bounty tokens is a good move because we can see it in the beginning some bounty rewards takes 4-5 months to distribute and when I receive it I sold all my bounty theres no reason to hold it when developers are not transparent to bounty hunters.

Topic: Bounty Rewards: Sell immediately or HODL? - page 72. (Read 7179 times)