Topic: Bounty Rewards: Sell immediately or HODL? - page 8. (Read 7198 times)
I sell part of the awards at once and leave part in the hope that the price will increase many times.
Mostly not. I will hold my coins for longer time until it reaches higher price. Commonly, I still receive small bounty rewards because of my rank (for the signature campaign) and some from other campaigns. Therefore, it is better to keep holding them for sure than selling them in the lower price than ICO.
i will sell immediately if i do not believe in campaign. but if it's the good campaign i am hold little bit maybe.
I don't like the idea of selling immediately. I believe that it is better to wait a little bit and see what direction is the project taking. If sell immediately after ICO, you suffer of the price drop that is happening when everybody dump.
I always prefer to keep the crypto as it will grow with time for sure. But of course, if I need some cash immediately to pay my bills then I would have to sell it. So it totally depends on the personal financial situation.
i will sell immediately if i do not believe in campaign. but if it's the good campaign i am hold little bit maybe.
I have a long-established strategy for this. If I'm not sure about the company, I immediately sell 70% of the tokens. If I am confident in the company, I just sell the part that will pay for my time spent on this company, on average 50-90%
bounty is very important for investors and project producers. Selling a prize or investing early will largely determine your future income, financial future.
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, 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 ##
If I received my first bounty rewards, I'll sell It Immediately to convert Into money because nowadays I really need money for necessary purposes.
i will sell immediately if i do not believe in campaign. but if it's the good campaign i am hold little bit maybe.
I agree. This is the best variant. If this is a promising company, then it's worth waiting a couple of months. 
i will sell immediately if i do not believe in campaign. but if it's the good campaign i am hold little bit maybe.
Most often it is worth immediately selling coins to make a profit. Because very often the price immediately falls quickly.
If the token price you receive when it rises is very high will you still hold a token with no trading activity on tokens you believe will be hold for a very long time?
I think if you think so then it is a very dangerous action because we pass the momentum of price increase from the token we hold, a small example you do bounty from december of course you have token with the highest value at that time if you do not sell it in january 2018 of course You are very much at a loss because I am sure the tokens you hold today are going down very deeply.
so my suggestion to do trading activity on token that you hold there is nothing wrong if we want to sell fast but buyback when token lessen.
I think if you think so then it is a very dangerous action because we pass the momentum of price increase from the token we hold, a small example you do bounty from december of course you have token with the highest value at that time if you do not sell it in january 2018 of course You are very much at a loss because I am sure the tokens you hold today are going down very deeply.
so my suggestion to do trading activity on token that you hold there is nothing wrong if we want to sell fast but buyback when token lessen.
I think your mindset will make you rich and it's a good example for all the bounty hunters . personally I do wait for a short term high and sell a significant part from my reward at that point . I'll keep the rest to HODL for a long time .
When the market is unstable as of now, it is better to hold the tokens for several months.
First of all, if you are selling your rewards immediately you dumping coin and doing something bad to this project. So I prefer to hold.
Yes, I agree, any time is to hold the first coin on your wallet, as soon as the project that it becomes known, you can already decide whether you need this coin.
If the price has reached the ico price I will immediately sell but if the price is still below ico I choose to hold until the price rises. But more often I hold until the price goes up. Because usually when into the market the price is low so you must hold until rise again.
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.
Usually I hold,waiting for the first big pump and when it goes ×10 and more I sell half of my tokens,and another half I leave for a long-term like 6-12 months to see what will happen then.
Because I still have money to make ends meet. I prefer to hold the coins from the bounty I get. Wait until the price of the coin is high and then I will sell it, get a big profit.
you know, I try to hold them for a while, because if the project is promising and the tokens are released to the exchange, they will increase in price, and you will be able to get a good profit through buying and selling.
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
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