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Topic: I'm dumping my coins because.. - page 17. (Read 8284 times)

full member
Activity: 589
Merit: 102
September 05, 2020, 02:38:46 AM
I dump coins or tokens I get from the bounty if the project doesn't have much news during development and if it looks like the project is growing very slowly, because projects like that on average will bore the community
member
Activity: 795
Merit: 10
September 05, 2020, 01:55:45 AM
I'm usually a holder I still coins and tokens I've got from Bounty campaign just like the two of the just recent projects I've participated in I'm still holding both of them but there are instances in the past that I dump my coins/tokens  because
The coin is not progressing and I want to buy coins that has more potential.

So what is or are your reason why you are dumping your coin?

If you sell all your bounty tokens rather than dumping, honestly you may regret selling some of them at the end of the day.  I have done that recently and I regretted it because projects I thought were dead just woke up and got listed.  Just try and peruse those tokens and see if probably there could be some of them with future prospect, still exercise little patience with those ones and sell the rest.
hero member
Activity: 3010
Merit: 629
September 04, 2020, 09:14:35 PM
in my opinion dumping is something that is not needed because later you will regret it if the token price goes back up and is stable. Personally, I prefer holding tokens to dumping because of panic selling
It depends on the token. If this particular token is something worth to hold because of the progress and development of the project then keep holding. You might get rewarded for not selling and having patience. However if this token is just a shit one then much better to dump while it has value still, move on and find other coin that is worth to hold even for long time.
member
Activity: 1204
Merit: 38
September 04, 2020, 07:01:46 PM
Dumping the coin could be for only one reason which is to cash out the profits,if you are selling after the price went too deep the. i wouldn't call it as dumping which is just selling or could be called as panic selling.And if that tokens are from bounty rewards then nothing to worry if you are getting some value for the token.
member
Activity: 616
Merit: 10
September 04, 2020, 06:59:21 PM
So what is or are your reason why you are dumping your coin?
Would like to buy another coins that more worth to actually invest because I have sense that those desired coins have no future and it would have other dump train, so you would not want to actually lose the opportunity to actually sell the coins on the highes price before the price hits the ground. Most of the fresh listed coins are having this kind of experience.
the same thinking as me, sometimes we need some feelings when we want to sell some coins and keep getting some update about their project. if their progress is stop or abandoned, it will be better if we sell our coin and then buy some worth coin to invest and have a good potential in the future.
full member
Activity: 1470
Merit: 103
COMBO 2.0
September 04, 2020, 06:25:14 PM
Problem with some coins is their valuation get ripped the moment they hit exchange for like a day or two So basically if you are a bounty hunter and you have one or two experiences like that then you will automatically have that kind of feeling once you get your next coin So most of the time is sell and buy the dip later if you think highly of the project
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
September 04, 2020, 06:06:31 PM
I dont have any reason to dump my coins. I can say i am in love with holding already because i have a coins from bounty projects two years ago and i am not ready to sell now because i know those projects still have potential and i know what they can do in a year from now
At least you have a nice way of thinking while other bounty hunters prefer to get cash with selling bounty tokens for cheap prices. Bounty earnings have to be considered as a form of passive income, otherwise, the loss is inevitable in the long run. In order to ensure the possible gains, teams should think twice before distribution the bounty allocation. Locking the tokens is not a solution, something better can change the situation for bounty hunters.
member
Activity: 272
Merit: 13
September 04, 2020, 06:01:48 PM
I dont have any reason to dump my coins. I can say i am in love with holding already because i have a coins from bounty projects two years ago and i am not ready to sell now because i know those projects still have potential and i know what they can do in a year from now
full member
Activity: 602
Merit: 107
September 04, 2020, 05:56:04 PM
Often because of weak hand, it is easy to be affected to cut loss when the asset dump is quite severe and that is what causes me to become dumper, it's strange because the intention to hold it for a long time is already there
but it failed.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
September 04, 2020, 05:48:35 PM
So what is or are your reason why you are dumping your coin?
Would like to buy another coins that more worth to actually invest because I have sense that those desired coins have no future and it would have other dump train, so you would not want to actually lose the opportunity to actually sell the coins on the highes price before the price hits the ground. Most of the fresh listed coins are having this kind of experience.
sr. member
Activity: 1022
Merit: 257
September 04, 2020, 04:53:22 PM
So what is or are your reason why you are dumping your coin?
Most of the time, the only reason why I dump my coin from bounty is because we know exactly what will gonna happen, its price will decrease lower than our expectation. So, it is better to sell it immediately after receiving to at least have the amount expected at the end of the bounty. It is also what most bounty hunters do, they sell then they will use the money to buy a better altcoin in the market.
full member
Activity: 882
Merit: 112
Your Data Belongs To You
September 04, 2020, 04:41:07 PM
Thats the best thing to do, I sometimes wonder in my thoughts - how many tokens i did not sell when i had to- too many!!
I lsot thousands upon thousands just because i thought that this particular coin has potential and it will keep going up. No ! Just sell them and move forward.
sr. member
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
September 04, 2020, 02:05:04 PM
I have many reasons to dump a coin especially if that coin coming from a bounty. Sometimes, if the coin doesn't have a good trade volume in a good exchange, I rather dump it right away since I'm not confident in it.
It's best to sell them as soon as you get them from bounty. Don't try to hold those tokens because it will never be good in the future, most of those projects will crash and the price will drop many times. I used to hold a lot of altcoins but in the end all died and made me lose a lot
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
September 04, 2020, 01:30:04 PM
most of the bounty hunters sell their coins but I've hold hundreds of bounty token, most of them are scammed now and unable to recovery their price. So i have decided to dump my token and buy some top altcoin which has potential enough to make me profitable. willing to hold them for long time until my expectation get fulfilled.
I also did not sell my coins for a long time, but some projects brought me a lot of profit and i fixed it. There were also coins that I sold because I stopped believing in them and after I sold they grew by 1000 percent   Grin
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
September 04, 2020, 01:28:25 PM
dumping a coin occurs because there is no price movement in the market or development that just stops other than that there are no bignews created by the owner so that investors have started to couldn't believe it and the price will drop considerably in the market This usually happens on new coins
sr. member
Activity: 1451
Merit: 258
September 04, 2020, 01:24:29 PM
I always dump when I get the reward from the bounty because for me it is necessary for daily living needs, but sometimes I also set aside to buy some altcoins from the top 10 coinmarketcap as savings for my future.
copper member
Activity: 350
Merit: 1
September 04, 2020, 01:22:39 PM
I understand that we all have different purpose of holding a coin, but in my opinion, the purpose of holding coin is to take advantage of increasing value. This implies that our hold the coin until my desired value is accomplished or I'll sell when I feel the value is over priced and buy back when the value drops.
full member
Activity: 760
Merit: 109
PredX - AI-Powered Prediction Market
September 04, 2020, 01:17:30 PM
most of the bounty hunters sell their coins but I've hold hundreds of bounty token, most of them are scammed now and unable to recovery their price. So i have decided to dump my token and buy some top altcoin which has potential enough to make me profitable. willing to hold them for long time until my expectation get fulfilled.
member
Activity: 588
Merit: 10
September 04, 2020, 12:19:47 PM
Most of the coins we get from bounty projects are worthless even though we have kept them for so long but there are also some coins whose price rises up to 50% so that many holders feel in the benefit, then do not throw away the coins you get from the bounty save and wait for the time will definitely increase the price.
Very true, we get one good token from the five bounties and that's why we hope more from that one token and that's why we do hold that token for a long period of time until it's price grows enough or if it is not growing up then we could only wait for it.
hero member
Activity: 2954
Merit: 796
September 04, 2020, 12:14:05 PM
Most of the coins we get from bounty projects are worthless even though we have kept them for so long but there are also some coins whose price rises up to 50% so that many holders feel in the benefit, then do not throw away the coins you get from the bounty save and wait for the time will definitely increase the price.
It will depend on what coin it is, some reward from bounty will only have value in month or two after that investors will dump it if its no definite purpose or product. There are too many altcoins that can be much better than keeping other coins too long that may lost it's value in the long run.
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