Do you keep all your bounty coins or you convert some to ETH and BTC? - page 11.

Mattias357

member

Activity: 118

Merit: 11

Quote from: Dacosta Osei-Tutu on July 25, 2018, 04:22:58 AM

Coins like BTC and ETH have proven beyond reasonable doubts that they are the best and more safer coins to invest. My little advice is that, whenever you get your altcoins, it would be better to convert at least one third to either BTC or ETH to serve as some form of insurance to your tokens in case it fails to survive. I used to keep all my altcoins and now that the market is red it has badly affected my investment. And mind you, those new altcoins are not like BTC and ETH, they can get zero volume anytime so they are not reliable. Is there any other person with a different view or everybody agrees with me?

I sell a part of tokens right after entering the exchange, and I leave a part for the growth prospect. The more promising the project, the more tokens I hold for a long term.

aldrin6697

member

Activity: 322

Merit: 11

No, not all bounty coins are worth holding some coins, not all projects can have great platform and plans. You must consider selling some after the ICO before the price will start to go down.

Kurokyy

full member

Activity: 448

Merit: 100

LETS GO ADAB

Quote from: Dacosta Osei-Tutu on July 25, 2018, 04:22:58 AM

Coins like BTC and ETH have proven beyond reasonable doubts that they are the best and more safer coins to invest. My little advice is that, whenever you get your altcoins, it would be better to convert at least one third to either BTC or ETH to serve as some form of insurance to your tokens in case it fails to survive. I used to keep all my altcoins and now that the market is red it has badly affected my investment. And mind you, those new altcoins are not like BTC and ETH, they can get zero volume anytime so they are not reliable. Is there any other person with a different view or everybody agrees with me?

I prefer converting my coins to bitcoins because the price of bitcoins is growing faster more than other altcoins in the market.

Nikola95

full member

Activity: 231

Merit: 102

Quote from: Dacosta Osei-Tutu on July 25, 2018, 04:22:58 AM

Coins like BTC and ETH have proven beyond reasonable doubts that they are the best and more safer coins to invest. My little advice is that, whenever you get your altcoins, it would be better to convert at least one third to either BTC or ETH to serve as some form of insurance to your tokens in case it fails to survive. I used to keep all my altcoins and now that the market is red it has badly affected my investment. And mind you, those new altcoins are not like BTC and ETH, they can get zero volume anytime so they are not reliable. Is there any other person with a different view or everybody agrees with me?

If I earn lot of money when I count it in $, I sell it and transfer it to ETH, Riple, Stelar or something like that. If my bounty is something like 50-200$ I keep it on wallet in that token.

Nisharawal

member

Activity: 336

Merit: 11

I am no stable coin. to the mooonn.. and back

I agree with your statement to some extent because here you didn't mention the coins value because it all depends on the particular coins value by which we need to decide whether we need to exchange the bounty coins with ETH/BTC or we need to hold it. The right example are coins like Electroneum, Tron, Golem which were having low prices at the starting point of the bounty campaigns and people who exchange them earlier got fewer returns than people who held, and I personally use the bounty coins as an investing capital and I don't mind if it is a small number of coins.

Kang Bahar

full member

Activity: 504

Merit: 115

Silent Reader~

I convert some bounty coins to BTC and ETH (mostly ETH). But if I doubt with the coin that I get from bounties, without thinking about the price in the future I convert it immediately.

Quote from: Dacosta Osei-Tutu on July 25, 2018, 04:22:58 AM

those new altcoins are not like BTC and ETH, they can get zero volume anytime so they are not reliable.

Yep, but not all altcoins will be like that.

Comfort1

newbie

Activity: 70

Merit: 0

I always like to sell my alts and keep all of them in ethereum and bitcoin. I hodl one alt which was worth $140 and now i can't even have a glance on it. It is worth $28 now. I advice you sell all bounty tokens and keep them in either bitcoin or ethereum.

ivlvov

member

Activity: 140

Merit: 10

CRYPTASSIST.io

Quote from: Dacosta Osei-Tutu on July 25, 2018, 04:22:58 AM

Coins like BTC and ETH have proven beyond reasonable doubts that they are the best and more safer coins to invest. My little advice is that, whenever you get your altcoins, it would be better to convert at least one third to either BTC or ETH to serve as some form of insurance to your tokens in case it fails to survive. I used to keep all my altcoins and now that the market is red it has badly affected my investment. And mind you, those new altcoins are not like BTC and ETH, they can get zero volume anytime so they are not reliable. Is there any other person with a different view or everybody agrees with me?

Usually people exchange their earned coins in Bitcoin or Ethereum, or at all exchange them in real money. Due to this coin sharply falls in price, it makes me also bring out my coins to not lose them forever. And at the moment I did not regret it, because no one of my coin did not particularly succeed.

The_prodigy

hero member

Activity: 924

Merit: 500

Quote from: krakovich on July 26, 2018, 06:56:29 AM

Part of the tokens behind the bounty I sell right away and store them in bitcoin. And some lie on a purse for a very long time Because I'm sure of the project

I'll just hold it and keep bounty coins from my wallet. and I have a target price before I convert it. because if you see your coins as good and worth it in your effort,time and patience I am sure that it feel happy to keep and reached a target price then exchange it to the ethereum or bitcoin when the price of all coins in the market are doing good. and create an small business.

orkoso

member

Activity: 276

Merit: 23

I convert half to ETH when I get paid, unless I see that there is a clear dump on the coin, then since it is worth little, I would rather keep it and see if it improves later on.

eipeng

newbie

Activity: 168

Merit: 0

You are right BTC and Eth is safer than anyone else. Well not all coins is worth to hold, I just hold those i think that has a shot to succeed. As a bounty hunter i can feel that this particular Project will succeed.

krakovich

full member

Activity: 254

Merit: 100

Part of the tokens behind the bounty I sell right away and store them in bitcoin. And some lie on a purse for a very long time Because I'm sure of the project

BitcoinHodler

hero member

Activity: 1456

Merit: 579

HODLing is an art, not just a word...

i don't see any reason why someone holds a bounty coin that they receive. specially in its initial release phase because majority of these tokens have no future and will die sooner or later which means there is only a downtrend ahead of you who holds them but also even if these tokens were to rise their initial step is to get dumped first before rising back up.

sarfwr

member

Activity: 210

Merit: 10

I divided the tokens received by the bounty thread into two categories, the first of which was my preferred token, so I would hold them for a long time.
The second is that I don't see good tokens, so I will sell them in USD as soon as possible.

retampan

full member

Activity: 462

Merit: 101

I usually like to hold it like 2 years or more because bounty coins is a great coin that will make a better future for the project and the market.

owlman

full member

Activity: 602

Merit: 100

Quote from: Dacosta Osei-Tutu on July 25, 2018, 04:22:58 AM

Coins like BTC and ETH have proven beyond reasonable doubts that they are the best and more safer coins to invest. My little advice is that, whenever you get your altcoins, it would be better to convert at least one third to either BTC or ETH to serve as some form of insurance to your tokens in case it fails to survive. I used to keep all my altcoins and now that the market is red it has badly affected my investment. And mind you, those new altcoins are not like BTC and ETH, they can get zero volume anytime so they are not reliable. Is there any other person with a different view or everybody agrees with me?

Your idea is good. This is the right advice for diversifying your risks. Bitcoin and Ethereum are indeed the most stable and popular coins relative to the rest.

Ostonian

full member

Activity: 912

Merit: 100

I try to sell right away when I feel that the price is at its maximum. So at any moment the token can depreciate and the earnings will be 0.

target

legendary

Activity: 2282

Merit: 1041

There are just some coins I support that is worth keeping though which is why I didn't try to convert it to ETH or BTC. I'm more of ETH whcih I'm confident to be one of the best to invest with. When you see some project that is very much supported by certain community, you stick to it because you will have more profit than just having few coins. I certainly prefer to have at least 10K MDX than 16ETH, that is precisely no contest.

DogmaF10

newbie

Activity: 140

Merit: 0

Of course hodl it.. new released coins wont be high in price, especially after bounty hunters do mass dumping. I think it just not worth the effort if you sell those coins immediately. When their prices goes up again, then we can consider to sell it..

Lasvista

full member

Activity: 396

Merit: 104

The other bounty I received was immediately replaced by Ethereum or BTC especially when its price was low. It will be accumulated until I accumulate a lot of bitcoin and ethereum. Because I know that in the months or years the price will increase and I can recover from all my losses.

Topic: Do you keep all your bounty coins or you convert some to ETH and BTC? - page 11. (Read 917 times)