Topic: Bounty rewards Sell Immediately? or HODL! - page 23. (Read 1692 times)
just like they said it depends on the token also it depends on the person. many sell after ICOs because they need money to use in their daily needs so selling is there choice. as for me i hold my coins because i have a job to support my daily needs.
I have participated in a bounty campaign as of now. I am curious that when every ICO bounty rewards I join when it hit on an exchange after a day, the price of the token goes way below its price. As for me a bounty hunter, what is the best decision if I received my bounty rewards, do I need to sell it immediately? or hold it for more 2-5 months.
Once I recieve my bounty rewards, if the price market price is good I immediately sell 80% the coins then keep the 20% for future investment. If the price is very low, i will hold my coin until the rise is high, yet if you really need the money for emergency you can sell it anyway.
I wouldn't sell now,when the whole market at the long correction.I would recommend you to hold it at least till the end of this year to see what will happen with the market then.
when I get a gift from a bounty campaign that I do I will not immediately sell it usually I will continue to analyze the growth of the coin, because of course the company will continue to provide news about their altcoin development, and we can see the growth of altcoin in the marketcap.
You should hold if you don't like to sell in that price just wait to list their token in second exchanges or third exchanges I'm sure it will pump up the price.
there are some coins you get from bounty campaigns that you have no option but to sell them because you just for some reason know that there is no way that the coin will do well in the market in the long run and it would be better to just sell off the tokens, get your money and get out of the market while you still can. As for others, you just know that you have to hold the coins and make more money.
all in different ways, for example as soon as I leave the tokens on the exchange, sell them immediately. Why wait millions of they would still not will cost.
I have participated in a bounty campaign as of now. I am curious that when every ICO bounty rewards I join when it hit on an exchange after a day, the price of the token goes way below its price. As for me a bounty hunter, what is the best decision if I received my bounty rewards, do I need to sell it immediately? or hold it for more 2-5 months.
there is no specific months are required for you to sell your tokens, if the bounty that you will received is above ico or even in the ico price, you can sell immediately if you want. or you can hold it until its price will get double or more than that.
Here are the things I advise you to look out for before making your decision
The potential of the project: Is it a good idea? Does it solve a problem that many people have?
Has the team been following the road map?
If the answers to these questions are yes, then the tokens are likely to increase in value at some point
The potential of the project: Is it a good idea? Does it solve a problem that many people have?
Has the team been following the road map?
If the answers to these questions are yes, then the tokens are likely to increase in value at some point
Some time ago I sold bounty tokens, for example lympo, I sold tokens after a few weeks token was distributed at the price of $0.0285 at the time, but now the price is $0.08, that means the price is 4 times more expensive than the price I sell. I feel it's my fault for selling the token fast
This is a good question. However it all depends on the coin and the campaign that you participate, as it all depends on the project. If the project behind the coin is expected to be implemented within a five year span, than obviously you have to hold, and if a short term project, wait for a couple of months than sell at desired price.
I have participated in a bounty campaign as of now. I am curious that when every ICO bounty rewards I join when it hit on an exchange after a day, the price of the token goes way below its price. As for me a bounty hunter, what is the best decision if I received my bounty rewards, do I need to sell it immediately? or hold it for more 2-5 months.
You better keep your coins until the price goes up. At least until the price returns to normal. Or you can make the standard price you want to achieve.
I also am curious about the answer. I did not sell the reward, decided to wait til' their product sale term in their roadmap. It was so high when it entered to an exchange, that is, it wa the beginning of their distribution of their tokens. But its value decreases a lot since that moment. But I also have experienced the opposite. We have to check their updates and be able to evaluate their success. Otherwise, we cannot predict which one is to survive.
This is dependent on some factors. The use case of tokens differs and this is the the first thing to consider. I have seen cases where the use case of an ICO project has already been adopted before hitting any exchanges, projects like this are definitely good for hold. There are projects or token with no good direction, i feel these might not be good for hold. So, carry out your research on whatever you intend to hold.
On top of what I said earlier, another factor needs to be considered. A lot many of the ICOs are over-priced and they go down by anywhere from 50% to 95% within the first few days of listing. In such cases, there is hardly any use in keeping these tokens with you for the long term.
Should the Token be sold immediately after receiving rewards or does not depend a lot on the bounty, you are engaging. If the potential bounty, reach the hard cap for a short time, the hold is necessary, even hold for at least 3 months to be profitable. Because if you hold a Token ICO from participating in a bounty, you will not lose money if the exchange rate is down, and you have the opportunity to make big profits if the exchange rate goes up.
the bounty hunter can be said to get a token from the ICO. in that sense there is no need to purchase and only implement what's in the campaigns. with the reason then if already get paid they will soon sell the tokens that they get high value or whether it was under the ICO. However, if you have a nice view of the future, it is better to wait and hold back until the price rises were above the price of ICO on sell under value should be. If it could be earning more why should rush to sell quickly.
If its ERC20 or pre-mined, I immediately sell it. Almost all tokens of the said kind go down in price after being listed on exchanges. Of course there are some exceptions like INS token but that basically the overall trend.
If at the moment the bounty token is received and the price goes up, it is better to sell immediately. Do not wait too long for fear of token prices dropped dramatically. If many people hold the token, it's okay to wait a few days.
I HODL for example as i think tokens i have will have higher price in future as projects just start their way but some people live in bounties and sell they tokens at once.
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