Nobody really thinks dumping is a good idea but there are multiple stuff happening before someone actually dumps a coin. I mean you have people who need money and their income is bounties and airdrops that sell the coin right away, you have people who need money urgently because of some real life problems, you have people who got in and liked it but then found something bad about it and want to get out as quick as possible.
There are unlimited number of reasons why people may want to get out of a coin and they may dump all of it right away to get out which may affect the coin but since they sold theirs there is nothing wrong for them and they don't care. Hopefully it will slow down and people won't sell this much on the early days in the future but right now that seems to be a thing for a little more while.
Topic: Dump is not always a good idea - page 7. (Read 1596 times)
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
If selling altcoin that doesn't have a clear project and convert it to bitcoin, I think that's a right decision. But if we hold altcoin in the top 50, I think holding for long term will be profitable in the future
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 are not right and anyone can prove it by showing you simple statistics, most tokens after entering exchanges dump and never recover.
Yes, some tokens in rare cases do huge pumps but in most cases you are better off by dumping.
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
If selling altcoin that doesn't have a clear project and convert it to bitcoin, I think that's a right decision. But if we hold altcoin in the top 50, I think holding for long term will be profitable in the future
Actually I don't support people dump the tokens at lower price after receive bounty rewards, but look at past two years, immediately sold bounty rewards is not a bad idea because we don't know the project future, sometimes project run out development funds or exit scams at the end, then tokens will become useless. I've lost a lot of funds because I don't sold it at the right time.
Everyone decides for himself how to proceed in a specific situation regarding the sale of tokens. How many people, so many opinions exist. Everyone has experience in such cases because there is no definite answer to this question. Therefore, do not advise not to listen to advice. Act according to your understanding.
It's been happening since bounty campaigns started in this forum and a lot of good projects suffers low prices in their coins or tokens because of dumping by both bounty hunters and the investors. Many newly listed took time to recover after the dumps but some of them manage to recover because of the continued developments that makes their token or coin attractive again to the investors.
Is not always projects that choose hunters bring them a lot of money. You can write anything in white paper, only in the end the project will sink into oblivion. I participated in such bounties, everything was fine there. A good idea, a good team, and eventually after the fundraiser, the team fell apart. And nobody needs their tokens. Therefore, if possible, you need to fix at least part of the received tokens.
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
I don’t think so, bounty token is not always good to hold so some holders know how to exit early just to save more profit. I’ve dump some of my token before and looking at their price now, they are still low so in short I’ve made a good decision.
That's true though, not all bounties project are to be dumped, there are some bounty project that are solid and therefore require a long hold or else one might regret selling too early, meanwhile there are some that doesn't deserve holding
I don't think that dump is not a good when you didn't reach the 10x mark. As long as you earned something big enough, I think it is already a win win condition. But if you're just gonna earn $100 first, I think it would be better to wait for more.
it will be more profitable if we have the skills to analyze a project, so that the steps we take will be effective. I personally often make mistakes like that, but learning will continue until it becomes a great analysis
Most bounty hunters do not know whether the project is going to develop in the future or even die. But all bounty hunters have their own decisions. Is holding or selling. So there is nothing to debate or blame for this condition.
Yeap, a bounty hunter is not someone who can predict the future of a coin. I am also a bounty hunter, I have seen a lot of projects, even projects that I consider to be a great waste project after being listed on the stock exchange. Most bounty tokens will be dumped, then become useless tokens. If indeed there is something like Gowithme or harmony, maybe it is only compared to 1: 100.
For me if there is always dump it is not good idea basically we cannot earn profit or we cannot sell our tokens because of the prices are low but there is also good advantage for those investors who have not enough capital that is their chance to buy their favorite tokens.
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
Not all bounty tokens are like that. Most of them when listed on exchanges have no buy orders so selling your tokens while its still early is better. I've tried holding some of my bounty tokens before waiting for that pump but it didn't happen, instead it's only equivalent to some cents compared if I dump it right after it was listed on exchange.
Do you know, there are big whales and market makers, so it is their priority to make dump sometimes to get stop losses of other people. Just accept it, mate!
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
Well honestly it all depends on how the bounty and how the project that your working with is doing, you have to treat bounty the way you treat ICO, if you think the project will do good than you support it and invest in it and with bounty you invest effort and time, but mid way if you are seeing that it is not going too well you can deicide and make a decision on whether to dump all your coin or just stay with it. 
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
Yes its true some of bounty hunter dump sometimes when they receive their rewards which it's wrong they not understand what is the meaning and the value of that token they have and they don't value the good of the project. 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
I learnt from the worst way that dump is never an option, o received token for a project I worked for I kept holding it and got tired immediately I dumped the token did *5 i shed hot tears
It depends on the project itself whether the project is good or bad but sometimes you need to sell some coins because its going to fall forever
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