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Topic: Dump is not always a good idea - page 4. (Read 1599 times)

full member
Activity: 566
Merit: 107
June 26, 2019, 12:28:24 PM
right, but most people do dumps, especially for bounty hunters because nowadays it is very difficult to choose a project, some people always keep wrong tokens, for example, bad tokens are held and good tokens are sold very early and that causes many bounty hunters to lose.
sr. member
Activity: 1190
Merit: 253
June 26, 2019, 12:18:26 PM
It is true that dumping is not always a good idea because we have exerted so much effort and we gave so much time for all the bounties that we joined. But we don't have any control or whatsoever to a Bounty Hunter about their acquired tokens. But as for me, if you really don't need money as of this time, hodl it first and feel the market behavior first then you can decide whether to dump it or hodl it.
member
Activity: 1120
Merit: 30
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June 26, 2019, 09:40:10 AM
The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already

As I see, 100 projects just has one such project like that. Usually, the prices will go down seriously and there were many projects which can't recover and disappear forever

There's nothing that can drop prices than dumping of a particular tokens on projects. Many project has a visionary insight but becasue of there careless they are guilty of disappearing from the world of cryptocurrency. Dump is the biggest disappointment of any promising project and should be avoided by all means by projects team.
member
Activity: 546
Merit: 10
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June 26, 2019, 09:28:30 AM
Things like this have become commonplace, sometimes they also need something to make up for the loss of time and energy that has been spent. So when they expect a good token that turns out to be ash, then in the end it also impacts on the other tokens he gets because he doesn't get the expected price.

The chance to get a good project is about 10%.
copper member
Activity: 294
Merit: 1
June 26, 2019, 09:13:29 AM
Certain dumps can cause a lifetime regret, when we received hydro Airdrop, some persons dumped at less than $30 after a few weeks, coin pumped to over $3000 later. Just like a lot of persons that might be regretting now to have dumped btc when it dropped from $20,000 to more less than $5000 and seeing the value grow so high now is something of concern
hero member
Activity: 2814
Merit: 526
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June 26, 2019, 08:54:24 AM
The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project,
When there are sense of scams closer than it's a good idea to just throw away your bounty rewards, so it doesn't belong to the trashcan.

I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already
They probably caught up with the hoaxes because certain projects are having issues and it's common trick to lure people to sell so whalers can grab those sold tokens. Also, there are some people that they don't even care with the project but they only need the rewards.
full member
Activity: 574
Merit: 100
June 26, 2019, 08:49:59 AM
The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already

That is exactly true. Dumping tokens are not always the best thing to do. Most of the time its effective but sometimes some tokens are worth holding. The problem is majority of bounty hunters doesn't really care whether the project fails or succeed. They just want their token and then sell it cheap for a quick money. Sometimes if you really want to earn more, you have to know more about the project and its potential.
hero member
Activity: 2604
Merit: 816
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June 26, 2019, 07:54:30 AM
Most people see dumping as the  best option other than holding or trading.  The most people who are involved in this actions are the bounty participant's and that has become the most reasons why bounty hunting is tagged as a bad options by many project. And also many projects became strict with bounty hunting

If the token or the coin is worth to hold, then dumping the coin/token will not be a good idea because it will prevent the price from going to the higher price. But that could be done by people who already have a big amount of the coin/token, and he wants to make people getting panic. I think that is always happening in the market no matter if that is token or coin and for people who can stay calm from any situations, they will use the time to buy a lot amount in a low price.
legendary
Activity: 3318
Merit: 1128
June 26, 2019, 07:38:08 AM
The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already
There is no point preaching these to people again, because you and I know that ICO we do have now is no longer like previous ICO as most of them are now unreliable while we just have few of them, I could remember this was the same advice I gave two people that I knew then that participated in one DOCADEMICS bounty.

The worth of their token then was about $700 each, one of them listened to by advise, and the second one sold his whole docademics, this ICO looked so much promising and I could bet my life for them, few days, the project got dump so hard that they are finding it so difficult to rise now, there is no day I and my other friend are not being mocked by the person that sold his because the value of both our token now is less than $30.

What the third person did was to sell then, and then buy back the same value now at a very low price. I think we should not encourage people to completely leave their token on some of these altcoins, they can sell them and maybe buy back when their price has dumped.
legendary
Activity: 1232
Merit: 1000
June 26, 2019, 07:33:30 AM
for this time, dump the tokens you get from bounty is a good idea, because some of my experiences is ended badly when I hold it, even until now the price dropped and almost worthless, whereas that's one a good project.
the point is when it's still worth, sell it is better.
copper member
Activity: 462
Merit: 10
June 26, 2019, 07:12:12 AM
Most people see dumping as the  best option other than holding or trading.  The most people who are involved in this actions are the bounty participant's and that has become the most reasons why bounty hunting is tagged as a bad options by many project. And also many projects became strict with bounty hunting
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
June 26, 2019, 06:54:08 AM
Not all bounty hunter cares about the future ,they prefer to take there profits instantly and leave instead of holding ,I accept that dumping ain't good idea but we can't control bounty hunters from dumping
The team can freeze bounty tokens for a while so that the bounty hunters do not dump the price. But I doubt that the dump is the fault of the bounty hunters
member
Activity: 476
Merit: 14
Bcnex - The Ultimate Blockchain Trading Platform
June 26, 2019, 06:35:06 AM
The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already

As I see, 100 projects just has one such project like that. Usually, the prices will go down seriously and there were many projects which can't recover and disappear forever
full member
Activity: 455
Merit: 102
June 26, 2019, 06:11:54 AM
The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already
You can't blame them, cause most of the times it's difficult to really tell which coin is going to do well and which one is going to be bad. Everyone is being very careful and don't want to bear the loss. They feel its better for them to sell those tokens and use them to buy ETH or BTC and then save with those ones. And another thing with these small tokens is that you might think that they are growing and wouldn't know that they are just getting pumped and will be dumped within a short time. Although I do know that cryptocurrency is all about taking risk, I would suggest that you only take the risks that you can take.
member
Activity: 560
Merit: 28
SAPG Pre-Sale Live on Uniswap!
June 24, 2019, 01:33:44 PM
Not all bounty hunter cares about the future ,they prefer to take there profits instantly and leave instead of holding ,I accept that dumping ain't good idea but we can't control bounty hunters from dumping
jr. member
Activity: 364
Merit: 2
June 24, 2019, 01:32:54 PM
Too quickly sell the coin I think is not good. You should be able to learn about project developments. So you can decide to sell coins or retain those coins. As you said the price of the coin is now steadily increasing.
full member
Activity: 486
Merit: 100
June 24, 2019, 12:59:15 PM
It seems to me to drop all the coins you need then when the market is at the very peak of its growth and it will not grow anymore, but there will only be a correction and a fall. Then it makes sense to throw off everything.
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
June 24, 2019, 12:43:33 PM
The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already
Even many projects with good unique idea failed to recovered once its dumped and the reason is not the hunters,the investors who want to dump coins and make profits in short time.So as a hunter they are doing it for money so asking them not to do is not a good plan.If any project really not want to dump by hunters then they have to pay them in bitcoin or any other listed coins.
legendary
Activity: 2674
Merit: 1048
June 24, 2019, 12:40:57 PM
Bounty hunters try to earn tokens and sell them. This is normal. Tokens are sold to reduce risk. You never know the price of tokens in the future. I believe that every bounty hunter has his own thoughts about holding or selling.
But you should know that your habit will make cryptocurrency will be view by other people just a short term investment which mean there is no one will consider that cryptocurrency will be exist for a long time. I guess there are a lot of tokens which has a good a potential in the future but the future of this tokens will be depend on bounty hunter.

Moreover if you take part with a token/coin which has decentralized system which mean the developer which has nothing to de with its prices movement. If many bounty hunters sell it then the price of token/coin will be down drastically even you will see the token will have no price anymore. Let's the token grow up firstly, you can still promote it as long as you are a holder for the token. I believe those thing should be known by bounty hunter in order to cryptocurrency can grow up and become a mainstream thing for all people.
hero member
Activity: 2128
Merit: 520
June 24, 2019, 12:37:13 PM
Why would someone had to dump almost everything when the price is not yet done growing. If you know when would the price end then you should have to hodl a little more to get the nice profit that you are longing to get. And also diversification is not always the best choice if you aren't really losing yet.
Making a decision will remain to those who are capable of holding before dumping their assets, if they can still wait and see if the market will continue
to fall or it will give something nice bouncing back and bring profits, dumped should always undergo with your assessment and analysis.
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