Topic: Bounty Rewards: Sell immediately or HODL? - page 78. (Read 7179 times)
I prefer to hodl all the altcoins that I get from the bounty. Maybe I will sell some coins when there is a favorable situation for this.
I think it really depends on some factors. For me, I think I've learned it the hard way when it comes for me to keep holding them for long. I realized one thing that not all are designed for long-term growth, and I need money as well.
I do have some few holdings that are built for the long-run, while most of them will be classified to short and mid-term ones. We can't avoid the dumps once a bounty hunter receives his or her tokens and trading it to the exchanges.
I do have some few holdings that are built for the long-run, while most of them will be classified to short and mid-term ones. We can't avoid the dumps once a bounty hunter receives his or her tokens and trading it to the exchanges.
That is really up to the person but why would you sell if you believe in the project in the first place, these coins are fresh in the market so you will need time for price discovery.
It all depends on the project in which you participated. You had to share behind the development of the company, read white paper, news. In general, monitor the market of crypto currency, listen to traders. At all, there are 3 options for the development of the event. Immediately sell all the coins, hold, or else sell part, and hold part. Good luck.
You will have to decide for yourself whether to hold or sell. If you are holding a quality ICO it will be great mistake for you to throw away all the money you could have earn in the event that such ICO maturity and become successful.
That is why it is important to have at least some knowledge with what you are investing at or what you are joining, but for me it it came from bounties I do have a fear with the price so I am always selling it when the value is already available in the exchange but if it is bitcoin, then it is a different scenario.
I'm sure that it's better don`t sell bounty awards to companies. The award is best left until better times, because this award can be increased in several times, so it's better not to rush with its sale. Just HODL!
You will have to decide for yourself whether to hold or sell. If you are holding a quality ICO it will be great mistake for you to throw away all the money you could have earn in the event that such ICO maturity and become successful.
It depends whenever the program succeeded or not, because if the ICO reaches the hard cap we are expecting increase of price so it is better to HODL but if not, then sell immediately since investors are not interested in it hence it will be hard to pump in price.
In my opinion it is always much better to hold your earned stake/tokens from bounties campaigns because this strategy gives chance to Developer for establish and pump their coins, so you can get more profit from there.
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—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
I often sell my rewards right after they sent to my wallet, but i will hold some true gem that people love to buy but couldn't. I beleive some ico tokens have good chance to grow in future.
I think many people just don't bother to examine the project they are working for and therefore sell their tokens prematurely. I always have a personal note for each bounty campaign so I know whether I should dump the tokens immediately or hold them for future.
I would think to view it as any other token/alt coin - if you feel the project makes sense then hodl, otherwise sell immediately
You definitely have to understand these projects your joining in. You got a point that if they have a good team probably they will find a way to improve it and in return people will buy and value will rise.
gifts of bounty are indeed very large and no doubt the results, therefore this sort of thing should be studied more especially for people who don't have a job or pay. with direct selling coins from the bounty then revenue can be increased.
I haven't accumulated a huge amount of bounty rewards really, but what i do have i've just kept in my wallet to see how it does long-term. I look at it as basically free money, so i wouldn't be too upset if it's long term value when to zero. But i'd be way more upset if I sold early & the value skyrockets after i'd sold.
I am always holding for a while. And the results were always good. The price usually drops after the ICO when the bounty hunters are selling. I am usually waiting a month or two.
I've not too much experience but one thing i can tell you for sure is: don't sell everything straight away. If you believe in the project sell a quarter, keep the rest. Their value will grow eventually. That's what i like to think.
I will hold the coin to achieve a high score because if rushing to sell at a low price will regret in the future.
so to be able to get a high score must be patiently waiting.
so to be able to get a high score must be patiently waiting.
My strategy is simple, if I believe that some of the projects will develop and have at least some advantage in their ideas, I will sell only part of the coins, the rest is just to keep! all other awards, will sell as soon as they enter the market!
It depends of the quality of the token, if the community is good and growing and also if the development of the project respect roadmap.... if these conditions are ok I will hold...
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