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Topic: Bounty Rewards: Sell immediately or HODL? - page 73. (Read 7179 times)

jr. member
Activity: 84
Merit: 3
“Unibright Token Launch - 10th April 2018”
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.
member
Activity: 168
Merit: 14
i think bounty reward  It depends on our choice on how we run our tokens. It simply goes into two ways that when you hold your coins but it goes to wasted or be dumped in the future you are the one will suffer...
And if you sell your coins now at low price, then the price of that particular coins will rise into 5 times  in the near future you are the one who will regret. All your decisions may you have to take a risk. But the best thing you have to do is to sell a half of it for the bills and other needs..
sr. member
Activity: 675
Merit: 254
So far so good
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.
sr. member
Activity: 588
Merit: 253
I do not like selling coins when it's lower than when ICO, and when I got bounty rewards then I'll keep for a long time or at least 6 months, if I see those promising coins then I'll always keep.
member
Activity: 364
Merit: 10
take & Vote or Become a IoTeX Delegate!
Well As for me I normally sell of some and HODL some, the situation in my country is not very good and I have bills to pay, this is where i earn a living since trading is on hold for me now.
jr. member
Activity: 168
Merit: 1
I think one of the reasons on why many are selling right away  is because of the fear that hackers might be just around and ready to take away the money. We might not be investing money but investing time is still a lot of effort for me.
sr. member
Activity: 798
Merit: 251
I’ve been doing bounty campaigns for a few years now. When I received the bounty rewards, I sell around 20-30% at first and just hold on to the remaining, I don’t want to regret when my token reaches a good amount of value. But when I need the money, I’ll still cash out of the remaining rewards. So basically, holding is a much better option for me.
full member
Activity: 1100
Merit: 169
This is your choice...you must know many things about the project before you  decide if you sell or hold
full member
Activity: 854
Merit: 108
Selling right after the end of ICO is not profitable at all, because it is time when almost all bounty hunters rush to sell, thus making the price go down. I suppose it is better to give a token some time for the price to get back and then watch it out.

But there are lot of ICO now that they delay the distribution of the bounty because thinking bounties will make the price fall but still the price dip. This is because some of the investors in which they bought their coins during public sale at cheapest price with bonus but during token release to the market they rush to sell their coins too because price is now higher than during the sale therefore it is unfair that blame should be to the bounty hunters only.
full member
Activity: 406
Merit: 100
After i receive my rewards from bounty. I sell half of it if i saw the price is good. And i hold the remaining half. Especially if the coin they gave is good and have the posibility to grow in the near future.
newbie
Activity: 72
Merit: 0
 Cheesy "Hold is gold" according to cryptocurrency market history. so I believe this stretegy hardly. because I have a regret of selling my raiblock (nano) coin with so cheaper.
full member
Activity: 364
Merit: 101
DanJoN
I've been in Bounty campaigns for quite a while now, and my thing is I am Holding all my bounties since then, it did take on the point that all my tokens are in its peak but I did not sell for it I know it will go high on upcoming months but the market hit its lowest value in previous months so I d ont have a choice for now but to HODL it for more months, so I conclude that it is not a loss if I hodl it because I did not pay it from my money, I did aquire it for my spare time doing bounties, but next time time I will be smart on it, Yes still I will Hodl it and will sell it in its first peak/highest value, just sayin Smiley
newbie
Activity: 109
Merit: 0
You were right, because of their lack of financial, they tend to sell their tokens if its the only way to help them in their financial problems,, just like me I am not rich so I will sell mine if I terribly need money and theres no one to run to,, anyways I am here to earn to support me and my family.
newbie
Activity: 184
Merit: 0
sell 50% and hold 50%
member
Activity: 238
Merit: 11
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
jr. member
Activity: 378
Merit: 3
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 always hodl whenever i got the token from the bounty, i never sell then immediately, it's because in my mind, i think that its price will rise if we hodl for a little longer, but the thing is, from my experience, almost all of my tokens that i hodl, their price keeps decreasing, so for now, i think it's the best move to sell them immediately if we don't sure that the altcoins are for long-term investment.
sr. member
Activity: 779
Merit: 250
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 absolutely agree on you, becayse if you hold the bounties like the token i don't think it is worth it and more earnings but you need to sell it or trade it in coin that you want then do the holding. The only thing we must hold in this is coin not the token because the coin have a rapidlyy changing state which the price is fluctuating
sr. member
Activity: 1123
Merit: 253
As for me, I don't mind hodling my bounty payments for at least a year. After all, I am not in dire need of money to support my basic existence. I have the luxury to try to allow the project which I promoted to gradually accomplish their goals. It actually takes time for a project to reach their objectives, and along with this, for their tokens to acquire a higher value. But I also cannot blame some bounty participants to immediately dump their proceeds because they might be under the circumstances of need.

What I don't like are those people who are neither in bad need or in their right mind to immediately dump their payments, without even waiting for a little time for the coin to get listed in decent exchanges. Some people are really in a hurry. They are too impatient.
full member
Activity: 462
Merit: 100
Many bounty tokens have a hard time to launch on any decent exchange. After a while I find myself sold most of popular coins and holding all the shitty coins. Grin
sr. member
Activity: 406
Merit: 251
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.

Yeah, I view all these bounty rewards as lotto tickets.

I am a holder for sure on all of them. Some of them could really pay off down the line. If they crash and burn, whatever, I didn't pay for them. (Cause my time is worthless lol...)

 Grin Grin Grin Grin Grin Grin
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