Topic: Bounty Rewards: Sell immediately or HODL? - page 85. (Read 7179 times)
Im selling 50% of received tokens as soon as they get listed on any exchange where I have an account,then Im holding the rest of the coins till all time high point is reached,it normally happens after 3-6 months.
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 ##
I sell 20% and change 30% with main coins like BTC and then other 50% for holding. I try to study about the coins and select good ICOs
It is better thing to hold your tokens for better return, but normally it happened rarely.
If you have different kinds of tokens & after holding for a period of 6 to 12 moths you will see only few tokens are in the position to give you a good return, remaining are showing less value as compared ICO price.
So I think you have to convert your tokens in some major coin ASAP.
If you have different kinds of tokens & after holding for a period of 6 to 12 moths you will see only few tokens are in the position to give you a good return, remaining are showing less value as compared ICO price.
So I think you have to convert your tokens in some major coin ASAP.
Just do some research about the campaign.. will it survive or increase in value... if you really believe that you will gain profit by holding the tokens and you've also done your research, then go... Your profit might multiply 10x or even more... but this is not always the case... some projects isn't good enough to survive and increase in value.
I think that the good decision is to sell partially. In this way, you can reduce the risk of a possible fall.
If you believe in some project, it is better to hold coins, follow the news from the project, monitor the price on the exchange and try to find a good time for sale later.
If you believe in some project, it is better to hold coins, follow the news from the project, monitor the price on the exchange and try to find a good time for sale later.
Selling your coins right off the bounty would give you a very small income. I've seen friends who sold their coins and 3 months later regretted it because the coin's value shot up through the roof. For me, if you earn coins from bounty I'd give it a few months to a year of holding so you could have your coin's value shoot up. You also have to keep an eye on your holdings, especially very successful ones. Then after some time, cash in or invest on other more stable coins
I'll start by telling you how I do my own bounty tokens, Firstly, I will make sure not to sell all the token in my wallet, let say 50/50. Secondly, if I perceive that the price is going to appreciate in the nearest future, I won't even sell a dime. Lastly, everything depends on the current situation of other tokens because, if other token have the potential to appreciate in value, then I will prefer selling my bounty token and invest in other token, however, selling all is not the best option.
So bounty hunter are sometimes earger to sell their token probably they don't have interest in holding it till its become Pulp in the market, nevertheless we can see some who still HODL.
So bounty hunter are sometimes earger to sell their token probably they don't have interest in holding it till its become Pulp in the market, nevertheless we can see some who still HODL.
I have been doing bounties since i entered the crypto community but that wasn't long ago. My first few campaigns were all traial and error and all about learning the basics in handling everything you earn and what should be done. I have tried selling all my rewards right away, i also tried hodling them for a while, but then i realized i am a bit bad on timing and trend observation. Anyway, of those experiences, i have concluded that i should hodl my bounties for a while and withdraw just a few parts of it if i really need to and not withdraw or sell everything so my chances of profit growth will be bigger.
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 ##
Most of the tokens from the new successful ICO was a big chance to rise it's market value after the ICO or after a month but few of them really don't. After I get the my tokens from the bounty programs, I hodl it for a moth or 1-3months rather, this is the way where I have a profit to the tokens I get in the bounties. Hodling of tokens is hard if you always doubt and think negatively. In hodling your tokens is like taking a risk if you get more profit from it or you loss some worth of your tokens if the price increases. 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 ##
Every ICO takes some time to be stable in the market after its bounties end, so selling reward immediately is not preferable unless you are a risk averse
I'm new to this game too, but I'm in the same frame of mind than you. I think my decision will above all depend on the feeling I've got about the project I worked for.
And I think you're right about people needing the money as a monthly or weekly income, but there must also be some people who wants to take advantage of the "pump" effect that happens just when the bounties are "paid", and are not willing to see how the token will evolve (or maybe are afraid ot it ?).
And I think you're right about people needing the money as a monthly or weekly income, but there must also be some people who wants to take advantage of the "pump" effect that happens just when the bounties are "paid", and are not willing to see how the token will evolve (or maybe are afraid ot it ?).
first, if the price is already equivalent to the price of ICO, I will sell my bounty gift tokens. Because to reward investors
but if the market price is still below the ICO price, I would rather do HODL
My plan is, I will sell as much as 80% of the total bounty I get and 20% will hold on my wallet as a memory
but if the market price is still below the ICO price, I would rather do HODL
My plan is, I will sell as much as 80% of the total bounty I get and 20% will hold on my wallet as a memory
Its depends on what your campaign supporting because other tokens won't affects the market value of the coin in bounty distribution.In that case you can hold your coin.
You and my friend has in common on telling me that it all depends on the project and intuitions.
But I decided to hold them all even against all odds, so, what really happened now is I am holding almost $60,000 worth of Crypto Assets today while he got only around $5,000 because he choose to sell some of his coins and those coins that he under estimated were the ones who are actually pumping until today.
Holding Oyster PRL is a blessing and I don't consider I am lucky because I never sell them until today that is currently pumping day by day and week after week.
I choose to HODL my altcoins because I have a full-time job.
Selling your bounty stake tokens rewards from signature bounty campaigns when they do hit the Crypto Exchange will not offer you more possibilities and chances of getting high Crypto Asset value.
Thanks to my full-time job career that my salary is more than enough to feed and support my family's Daly basic needs and I choose to hold them all since I joined this forum and started to participated multiple signature and other bounty campaigns at the same time for almost over 6 months now.
I never regret holding them because I am delighted everyday when I wake up that my Crypto Assets are increasing day by day week by week.
And now I am holding more than $57,000 worth of Crypto Assets and counting.
Thanks to my full-time job career that my salary is more than enough to feed and support my family's Daly basic needs and I choose to hold them all since I joined this forum and started to participated multiple signature and other bounty campaigns at the same time for almost over 6 months now.
I never regret holding them because I am delighted everyday when I wake up that my Crypto Assets are increasing day by day week by week.
And now I am holding more than $57,000 worth of Crypto Assets and counting.
It all depends on the project. If the project is a weak or frank scam, then I immediately sell the tokens of this project. And if the project is good and promising, then you need to keep the tokens and wait for the development of the project. Then these tokens can be sold much more expensive.
I think it would depend on the project and how much confidence you have in it being a success, it is true that people are very keen once an ICO is over to hassle the devs about an exchange listing which sometimes is the completely wrong thing especially if a project is at the early stages of development.
Airdrops are worse.
Airdrops are worse.
Not everyone is a coin holder some are weak hands,they sell once the coin is in exchange. Patient is needed to sell at the right,i am patient enough to hold so i hold until its moons before i sell.
When I make a decision to sell or hold tokens from bounty, first of all I look at the market, if the market is falling, then all tokens will also fall, and if it is growing, then there is a very high chance that the token will show a very good growth
Its depends on what your campaign supporting because other tokens won't affects the market value of the coin in bounty distribution.In that case you can hold your coin.
I always keep at least half of my tokens.
I participate in such projects, in which I see a perspective.
And if i participate in Bounty, i also try to buy coins on ICO.
I participate in such projects, in which I see a perspective.
And if i participate in Bounty, i also try to buy coins on ICO.
Thats double profit. Buy ico and join bounty can make double profit.
Join in bounty and buy token in project is good but make sure is good project. Dont ever invest in ico if you know that the project is not really good.
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