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Topic: Bounty Rewards: Sell immediately or HODL? - page 93. (Read 7179 times)

full member
Activity: 588
Merit: 100
February 16, 2018, 07:23:32 PM
Well!! A lot of factors can influence anybody's further action on what to do with the bounty rewards. Sometimes depending on the project ideology and roadmap, some rewards are worth holding. Also some tokens are virtually worth nothing so in the end, they become like some airdrops which never sold well, and so with such coins i sell them off immediately. You can also day trade with your bounty rewards to earn more from what you were paid. The reality is that, many projects have in their roadmap that they will actually utilize the tokens some long months to come, sometimes even a year and so even the investors trade them earlier. The bounty hunters also join in and trade with them. Some people also ave established to themselves that they are bounty hunters( doing as a job, anyways some people have also established that trading is their job whiles others are solely investors), so they always sell everything they get immediately and focus on their other bounties they are working on. So in a nut shell and in my opinion, it's not definitive to sell or HODL bounty rewards. A lot of factors will influence one's decision
newbie
Activity: 120
Merit: 0
February 16, 2018, 08:24:12 AM
according to what i have experienced i think when you recieve you bounty altcoin you should sell them because at the first it will decrease from the price that it has begun with.

Mostly yes but for some reliable coins with bright future that may be a wrong decison. They'll just literally go up with price.
legendary
Activity: 2492
Merit: 1018
February 16, 2018, 08:18:39 AM
I usually hold my bounty payments for few months or more and waiting for it to reached my desired price to sell it. I always thought that i will make money out of bounties when I sell it directly as a payment for my service when helping to promote a certain project but why not hold a little more because I'm quite sure others who joined the program who badly needs the money will surely sell their tokens so as another help for the project to grow so that the price won't go down from massive dumping I choose to hold it a little more or even for a year.

you should first think before holding though, there are coins deserving to be dump but there are also coins that somehow the potential of growth can be seen as early as 3 months. When you finally spot such coin, hold for a bit and wait for the final product or even just the update from the team because that will help you decide whether to sell or hold. I have a token worth 8KUSD hold it a bit and drop to 800USD, waited for a bit and it turned $40K afterwards - so its worth holding.
member
Activity: 280
Merit: 12
February 15, 2018, 05:04:42 PM
I usually hold my bounty payments for few months or more and waiting for it to reached my desired price to sell it. I always thought that i will make money out of bounties when I sell it directly as a payment for my service when helping to promote a certain project but why not hold a little more because I'm quite sure others who joined the program who badly needs the money will surely sell their tokens so as another help for the project to grow so that the price won't go down from massive dumping I choose to hold it a little more or even for a year.
full member
Activity: 658
Merit: 102
February 15, 2018, 04:50:30 PM
What to do with the new tokens obtained as a result of the ICO, as a rule, depends on how significant and necessary the project was, as a result of which this token was issued. If the project has a good perspective, then of course, its token should be kept as long as possible. He will give a high profit over time, because some projects are implemented for years. Therefore, to obtain a good profit for such projects, patience is needed.
If the projects do not receive the due attention and respect, the tokens received after the ICO should be sold as early as possible, and if this fails, then wait until it rises in price.
legendary
Activity: 1197
Merit: 1001
February 15, 2018, 04:37:36 PM
I'm for holding for at least 3-6 months.
I'm supporting only project I believe they have the potential for at least 5-10x.

But always move your tokens to non-public/non-bounty ETH address, for security reasons.
sr. member
Activity: 464
Merit: 250
February 15, 2018, 04:34:35 PM
Well if you are not short in money or you are in need it’s hold for most of cases. Because generally new coins will gain value and they will get multiplied couple of times but if the project and coin looks like a dead one you can sell it immediately. Be careful don’t sell the next big coin accidentally.
full member
Activity: 280
Merit: 101
February 15, 2018, 04:30:53 PM
No, I do not sell coins received from the bounty. I spend my time and it costs a certain amount of money. The market price is not enough for this. Perhaps in six months or a year the projects will be fully implemented. The product is famous, the price is great. Then you can sell in small parts, not all at once. But I have the main source of income - not only the crypto currency.
sr. member
Activity: 644
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
February 15, 2018, 04:21:35 PM
After 3 month in bounty I decided 50% sell and 50% hold!
For example TIO on bounty distribution costs 1,6$ now 0,37$(

It will be a better idea to sell all the token immediately when the value is good at the beginning as most of the ICO starts with good value once it hits the market then it either goes upwards or downwards (mostly downwards for few months).
I don't agree with that. Not all tokens are better to be sold right after the distribution and the availability in the market because there are coins where after months, the price got bigger. This is the reason why if I have lots of coins I will choose only to sell more than half of it then hold the remaining. This is not a bad idea, I really do think, because in case the price rises at least I still have coins to sell. My friend is also doing the same thing, he holds the coin if he doesn't need to sell and look at him now chilling because whatever happens, he already has savings and still have lots of coins to sell.
full member
Activity: 336
Merit: 102
February 15, 2018, 04:21:06 PM
It depens. Do you need the money to buy another coin? Do you participate on the bounty because you believe in the project or because the bounty stakes were high? So if you believe, hold the coins. Holding will always get you more profit. If you just participate because of the high stakes, you can sell it. But dont be stupid like the most bounty hunters and dump the tokens or coins for less then it cost on the ico. Even when it needs some days to sell it on the ico price. Almost every ico is doing a 5x when they get listed. If your impatience, you even dont have to sell it to a lower amount then it cost on the ico!
full member
Activity: 364
Merit: 100
February 15, 2018, 04:17:27 PM
I prefer to wait instead of regretting. So if I dont need it, i hold it. Because as the project evolves, the value of most tokens increases.
A!
full member
Activity: 155
Merit: 100
February 15, 2018, 04:17:01 PM
Mostly all the bounty hunters need a reward for promoting any project for months. Bounty recivers are not the investors of the project and they always prefer selling the tokens and getting the payment in the terms of BTC or ETH. They prefer getting small income for their work and not seek long-term investments like some big investors how can hold a huge amount of money for very long time.
sr. member
Activity: 658
Merit: 250
February 15, 2018, 04:10:14 PM
it seems to me that you do not participate in bounty campaigns for so long, otherwise you would understand that 50-80 percent of ICO ends worse and lower than they started
member
Activity: 317
Merit: 10
February 15, 2018, 04:07:23 PM
I think it is preferable to sell some of the bounty tokens or coin immediately when it is given because it will still be hot at its first entrance into the market while the remaining should be kept because the price can still increase.
full member
Activity: 392
Merit: 103
February 15, 2018, 04:06:03 PM
I think selling immediately bounty reward is a bad moves in bitcoin because what if the token will reach 10$ and you sell it to 1$ it will be huge lose if you do that. I think you must hold it and wait for the announcement or make a prediction.
jr. member
Activity: 252
Merit: 4
EQUAL Network Token
February 15, 2018, 04:02:15 PM
if you know or have feeling that price will go more low then no point to hodl it .
some icos are sold out in seconds and have huge demand ,
so in those cases hold those free coins .
newbie
Activity: 196
Merit: 0
February 15, 2018, 03:55:59 PM
I possible says, I will sell it. Why ? because I don't know if my tokens still have value after a month / year or years. I don't want to waste them. Maybe I will have regret later if the value is rising after I sold them but the thing is, if I sell them after I received them, I will have money to buy my foods and daily necessities, which will help me a lot.
sr. member
Activity: 504
Merit: 251
February 15, 2018, 03:47:56 PM
according to what i have experienced i think when you recieve you bounty altcoin you should sell them because at the first it will decrease from the price that it has begun with.
sr. member
Activity: 448
Merit: 250
February 15, 2018, 03:44:25 PM
Thats depending with the project and if it is having good potential or not. Sometimes it is better to sell the bounty rewards immediately (especially when the project is risky or having low potential), and sometimes you need to hold the tokens until the price increase highly.
True, I remember my pillar coin back then I sold it all at a single price though I have lots of it. I wish I only sold half of it or I sold more than that and then left some because the price of it is 2x the price before. This is a perfect example of why we should sometimes HODL bounty coins that are possible for price increased but of course no one knows which coin will have the same faith like Pillar. Because of what happened I decided that if I have too many coins I am going to left some because the price might get higher than I expected it again.
jr. member
Activity: 178
Merit: 1
February 15, 2018, 03:39:04 PM
I never sell the first bonuses, as the price may increase.
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