Topic: How do you comfort yourself after receiving token from the bounty program? - page 10. (Read 1354 times)
February 23, 2019, 10:48:47 AM
Lol, I used to make a calculation like you did as well. But since the bear market, It's only a couple times to touch my wallet which contains bounty reward as I know the price is far away from my expectation. Mostly even far away from the ICO price,
February 23, 2019, 10:36:19 AM
All i do after receiving the tokens from the bounty is to save the half and play the rest.
If we are lucky to have a good payer ICO team then good, some is not paying well since 2018.
50 percent of the bounty tokens are meant for day trade. the other half is safe on the wallet for the bull run.
PS.
Never calculate your token on their ICO price as most tokens are way far behind that.
If we are lucky to have a good payer ICO team then good, some is not paying well since 2018.
50 percent of the bounty tokens are meant for day trade. the other half is safe on the wallet for the bull run.
PS.
Never calculate your token on their ICO price as most tokens are way far behind that.
February 23, 2019, 09:36:11 AM
The problem is that did the token really follow its token price? Majority I see is that it's way below the token price that's why a lot of bounty hunters are really pissed and disappointment. So this is really a gamble on your end as the price really fluctuates and you're lucky if the token price breaks even or went above the initial price.
February 23, 2019, 09:32:25 AM
Yeah i almost do the same just to satisfy myself mostly i think eth as 1000 dollars so even if bounty tokens give 0.5 eth value or even low i take it as big amount because im almost sure eth will recover and i can hold that for long time on the other hand if i like the project i do hold the tokens and wait for the bull run and this is what i mostly do.
February 23, 2019, 09:17:30 AM
I do not sell the tokens I have received in the past. I try to collect as much as possible and I wait for this good market to come back then everything in my wallet will go up
February 23, 2019, 08:47:49 AM
Bounty hunting is a two way issue especially at this unfavorable market condition bearish market, its either I hodl my tokens for a brighter days ahead when the market turns bullish before selling off or sell at a very low rate due to the value of ETH which is still at $150 ie very low thus making ones effort almost worthless.
February 23, 2019, 08:39:10 AM
I like your strategy with regards to the bounty tokens you got from bounty program but there is a little bit of risk on it. We say that you hold that token and unfortunately, it plummeted as it always happen to most of the altcoins 
. You will feel regret that you didn't sell even half of your tokens but if that token spiked after few years then your lucky and patient enough to wait for it 
.
. You will feel regret that you didn't sell even half of your tokens but if that token spiked after few years then your lucky and patient enough to wait for it . 
February 23, 2019, 08:32:00 AM
After imagine the money that we will get and reality slap us in the face. Most of tokens that get from bounty it always far away from ico price. But its super fun imagine and calculating money 
. I hopes great day like 2017 will back again.
. I hopes great day like 2017 will back again. 
February 23, 2019, 08:05:06 AM
In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?
I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!
For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$.)
But the chances of getting even 10% of your calculated amount is very hard. So, how do you console yourself?
I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!
For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$.
)Don't make your hope while joining on bounties because the token price will get dumped from the ICO price after it hits an exchange and in this bear market it becomes worthless.
February 23, 2019, 08:04:28 AM
If you wait ETH to get back on $1500, then you need to wait itu for a very long time. I don't think ethereum will go back to that days. Recently, Ethereum had a problem on community which causes a hardfork, that means currently ethereum is not in a good condition. If you still thinking about to hold your bounty payment in ETH, I would say it's not available wide move.
Maybe 10 years for ETH to go up to $ 1500. It is really a long time for investors and bounty hunters. So I never hold too long altcoin and the tokens I earn from the bounty 
February 23, 2019, 07:58:27 AM
In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?
I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!
For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$.)
So, how do you console yourself?
I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!
For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$.
)lol not too smart strategy to tell you the truth)) What would you do if the projects you participated in (I mean their bounty campaigns) leave the market or go to scam or something else. Then you will lose all of the potential profit. As for me it's always better to fix part of your earnings right away regardless of what the current price of ETH or Bitcoin is. Let's say 30-50% of what you receive from bounty campaigns you sell to get the profit. This way you would avoid the risk of losing everything and at the same time have some decent profit on your bank account))
February 23, 2019, 07:41:40 AM
I’ll just say to myself that its ok and life hoes on, especially now that all we buy in joining ICOs are all very low and almost worthless. But lets just all hope that one day the price of every cryptocurrency will all go up just like what happened last December 2017 that we’re all shocked of every altcoins price which goes up almost everything its still not too late for cryptocurrency.
February 23, 2019, 07:32:48 AM
If you wait ETH to get back on $1500, then you need to wait itu for a very long time. I don't think ethereum will go back to that days. Recently, Ethereum had a problem on community which causes a hardfork, that means currently ethereum is not in a good condition. If you still thinking about to hold your bounty payment in ETH, I would say it's not available wide move.
February 23, 2019, 07:27:14 AM
In this current time, I still not comfort to receive rewards from bounty program.
I hope the market will rise again like 2017.So reward for bounty hunter can enough.
It is clear that we receive fewer rewards than in 2017 many times, now I only receive $ 50-100 per campaign, even lower than that. But it still helps bounty hunters live through this difficult period I hope the market will rise again like 2017.So reward for bounty hunter can enough.
February 23, 2019, 07:20:43 AM
There are some bounties that still pay well and apart from that, some of them trade at good price on exchange. Although very few in number.
As for the tokens with very low prices after listing, I sometimes hold them if I believe in the project and if I do not believe I such project, I just sell and forget about them.
There are other better things to achieve than to keep dwelling on what might serve as a waste of time.
As for the tokens with very low prices after listing, I sometimes hold them if I believe in the project and if I do not believe I such project, I just sell and forget about them.
There are other better things to achieve than to keep dwelling on what might serve as a waste of time.
February 23, 2019, 07:20:16 AM
In this current time, I still not comfort to receive rewards from bounty program.
I hope the market will rise again like 2017.So reward for bounty hunter can enough.
I hope the market will rise again like 2017.So reward for bounty hunter can enough.
February 23, 2019, 07:15:27 AM
you should NOT console yourself!
instead of finding a way to cope with the problem, you should start looking for a way to solve the issue. if you lost money bag holding some useless token then you have to start thinking what you could do to avoid that and other losses like that.
for example the simplest solution would be not to become a bag holders and not to hold any ICO token in first place.
instead of finding a way to cope with the problem, you should start looking for a way to solve the issue. if you lost money bag holding some useless token then you have to start thinking what you could do to avoid that and other losses like that.
for example the simplest solution would be not to become a bag holders and not to hold any ICO token in first place.
February 23, 2019, 07:05:54 AM
In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?
I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!
For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$.)
If you multiply the token price with Ethereum 2017 price, I think you will have a great belief in this cryptocurrency market and you will keep it until Ethereum's price comes back, I am also holding like you So, how do you console yourself?
I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!
For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$.
) February 23, 2019, 06:57:57 AM
Indeed, it has changed dramatically from the value of tokens in 2017 compared to now. I am also very confused now how my income has declined. What I do when I get a token from bounty will certainly sell it if there is a market. Because I personally still need money to live. Because after I received the token from the bounty, of course the decision to sell or hold was in my hands.
February 23, 2019, 06:56:46 AM
You got a good logic there but you forgot about one small thing.. You are saying that Ethereum is going to be worth 1500 usd again.. which is unlikely to happen man. Not in these months man. I am certain that if Ethereum reaches 400 usd you will sell haha.
Jump to: