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Topic: I'm dumping my coins because.. - page 5. (Read 8232 times)

member
Activity: 99
Merit: 10
December 15, 2020, 01:28:41 AM
I hold a cryptocurrency all the time,
Because I am a cryptocurrency lover.
I earn income from cryptocurrency almost all the time.
However, I made a loss by purchasing a COTI token.
Because I didn't do much research when I bought the COTI token, I bought it at a higher price.
Our profile has been a bit dumped in COTI token
sr. member
Activity: 1484
Merit: 276
December 15, 2020, 01:22:06 AM
So what is or are your reason why you are dumping your coin?
There are 2 reasons for my on why I sell my bounty earnings before immediately after it is listed in an exchange, first is the urgent of needing money. There are times that I am in need of urgent cash and that coin is what I have in extra and what I can sell so I just dump it on an exchange. Second is if I feel that the project would be bad and price will slowly goes to zero so I just sell my coins at whatever is the current price and just get the full out of it while it still has value.
sr. member
Activity: 2268
Merit: 263
December 15, 2020, 01:18:07 AM
selling coins is no problem I think, because it is a personal right,
indeed coin dumping can make people experience different emotions, maybe panic sells occurs.
Yes, mostly it is because of panic selling that people prefer to release it rather than waiting for the price to rise again, and one more thing that most people are also afraid that the coin will no longer be valuable next time.
legendary
Activity: 3654
Merit: 1217
December 15, 2020, 12:52:03 AM
If a particular coin or token seems worthless to you, then you should immediately get rid of it, rather than waiting for too long. This was one of the mistakes that I did during my early days of association with cryptocurrency. If a coin goes down by 90% or 95%, then the chances are that it will never recover. Most likely it will get delisted from the exchanges and will become dead or dormant.
legendary
Activity: 2688
Merit: 1004
Sugars.zone | DatingFi - Earn for Posting
December 14, 2020, 11:43:23 PM
Many people sell tokens immediately after they are received for participating in the bounty campaign, since in the future they only fall in price, and the price for them will rise only for a long period of time, usually a year or more. Nobody wants to wait that long, so everyone dumps tokens on the day they are received. As a rule, I do the same, I can hold the tokens for a maximum of several months.
Well, in general, I also only hold coins for a few months. however, we all wait for high prices before selling the coins we hold. Besides, most bounty hunters sell their assets after getting tokens from the bounty because they need money. some people may hold back to wait for the price to return to normal, but depending on the progress, if they see no progress on the project, chances are a bigger dump will occur.
full member
Activity: 487
Merit: 100
December 14, 2020, 10:59:17 PM
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?

That is also the main reason that I would sell my token because it would be really better if we hold the other strong coins instead of holding new tokens that we are not sure of their future. Although, the profit of those tokens may be really attracted if it is pumped but this is a story that no one know exactly.
full member
Activity: 798
Merit: 101
December 14, 2020, 10:34:08 PM
Do a lot of bounty.  There are many bounties not paid.  There is also a bounty.  Bounty payment.  I need to observe him for a few months.  See if the project team is doing actual work.  Is the project team promoting.  If you discover the huge potential of the project.  I will leave a bounty.  just in case.  And if there is no potential.  I will sell him.  Exchange cryptocurrencies with greater potential.  I think many people are like this.
legendary
Activity: 3094
Merit: 1127
December 14, 2020, 07:59:27 PM
Many people sell tokens immediately after they are received for participating in the bounty campaign, since in the future they only fall in price, and the price for them will rise only for a long period of time, usually a year or more. Nobody wants to wait that long, so everyone dumps tokens on the day they are received. As a rule, I do the same, I can hold the tokens for a maximum of several months.

Should have that main rule where once you do able to receive those coins then better to dump it out before its too late or unless those tokens doesnt really have value at all? lol
There are people whom do believe that they can make tons of profits on believing on the project that they would able to grow overtime but those would just create and false hopes in
the line where you do get stressed and waiting up for too long in nothing. We do own those coins and its just right for you to do on things on where you do see that fits.
It might be ending up on a regretful decision or not.
copper member
Activity: 493
Merit: 170
BountyMarketCap
December 14, 2020, 07:54:56 PM
Many people sell tokens immediately after they are received for participating in the bounty campaign, since in the future they only fall in price, and the price for them will rise only for a long period of time, usually a year or more. Nobody wants to wait that long, so everyone dumps tokens on the day they are received. As a rule, I do the same, I can hold the tokens for a maximum of several months.
full member
Activity: 1064
Merit: 100
Combo Network
December 14, 2020, 05:24:07 PM
selling coins is no problem I think, because it is a personal right,
indeed coin dumping can make people experience different emotions, maybe panic sells occurs.
sr. member
Activity: 1190
Merit: 256
December 14, 2020, 04:55:06 PM
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?
It's normal to dump your bounty tokens if you no longer see any point holding onto it as the project is no longer making any progress, we all know some projects aren't really serious at all, so it's fine if you dump their token for something much more better, I personally I dump my bounty tokens whenever the project stops developing no new listing, no new partnership nothing, I will simply just dump the tokens and invest in something more profitable.
legendary
Activity: 2212
Merit: 1008
December 14, 2020, 03:42:46 PM

Quote

Yes, you have the right and all the authority to do what you want for your gained coin. If a coin has a really good potential, dumping what you've earned will not affect the project. After all, you have done your part and in return you have to enjoy the fruit of your labor.

But on the other side, if you believe that a project has really good potential and promising why choose to dump?. Just be wise on your decision, you can take it all or just take part of it. The thing here is, you should not care what people think on what you do with your coin. If you think there is better coin, the why not have it. Its all yours.

It is better to reset your coins in time to recoup your investment than to lose everything in one moment. It is not always necessary to sell everything at once, because the price may still rise.  But you can't sell "garbage" tokens with bounties and airdrops anywhere else. Lately, it's just garbage.
hero member
Activity: 1750
Merit: 720
Top Crypto Casino
December 14, 2020, 12:45:35 PM
Bro I whould like to suggest to all bounty hunter to sell all the token which you got from bounty.
Not all bounty tokens are bad or not potential, you have to differentiate them properly in order to sell bounty tokens at a good price. I have experienced bad things due to carelessly selling tokens at low prices or after listing, but after the price of mainnet grew to 10x.

When a project launches their project in the market they run a bounty campaign to grow and promote their community. So not all token/coins of bounty payments are bad. Whether or not you will hold a bounty payment token/coin is entirely up to you, because if you can research and predict the future potential of a token/coin, that token can give you a good return.
full member
Activity: 882
Merit: 112
December 14, 2020, 12:09:16 PM
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?

There are usually several reasons.
1.Money is urgently needed and you sell tokens immediately after receiving them.
2.The project has no potential, and you sell them almost immediately, hoping to get at least something.
3.You hold tokens, wanting to sell them at a higher price.
There is no other reason, am I wrong? ))
full member
Activity: 563
Merit: 102
December 14, 2020, 09:58:01 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?


Same reason with you. I am also a holder , I also have coins form like 2 years ago and I am still holding them.  I dumped my coins before if I know that it wouldn't give me any income in the future especially if I know that the project is not doing well.
legendary
Activity: 2296
Merit: 1176
December 14, 2020, 08:26:41 AM
I was planning to hold YOUC (YOUengine) tokens until January/February, but recently the project has announced, that they will postpone products release due to pandemic. Sometimes, postponing or putting on pause the project due to pandemic can be reasonable. But they are launching an app (how can pandemic cause on that), which will be close connected with advertisement. That is right what people need - run an ad while not leaving home or office.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
December 13, 2020, 02:56:36 PM
Not all bounty tokens are bad or not potential, you have to differentiate them properly in order to sell bounty tokens at a good price. I have experienced bad things due to carelessly selling tokens at low prices or after listing, but after the price of mainnet grew to 10x.
true as you say, but we can see in recent years it seems like some of the bounty projects that we have participated in are very difficult to develop so that it has an impact on the price decline in the market and there are even some markets that have started removing these tokens from their list due to small volumes transactions that occur, but there are also bounty tokens that do survive in the market and have good prices right now, this is the reason why we have to analyze the project bounty before participating because that way we will be able to see their project development goals in the future, because many bounty projects are only target token sale reaches the target and there is no further development after the token is released in the market so that in the end the token just becomes trash.


sr. member
Activity: 1456
Merit: 251
December 13, 2020, 02:14:14 PM
Bro I whould like to suggest to all bounty hunter to sell all the token which you got from bounty.
Not all bounty tokens are bad or not potential, you have to differentiate them properly in order to sell bounty tokens at a good price. I have experienced bad things due to carelessly selling tokens at low prices or after listing, but after the price of mainnet grew to 10x.
full member
Activity: 758
Merit: 104
December 13, 2020, 01:36:07 PM
i never dump a coin since i dont have power to do that  Grin, but if i have power to do that, i will do neither because badd project, or i need to accumulate more coin in lower price  Cheesy
member
Activity: 356
Merit: 14
https://exiptoken.io/
December 13, 2020, 12:58:30 PM
I have so many bad experiences on hodling coins for too long. In fact I had multiple altcoins which I gained from bounties 2-3 years ago. Even during the time those went at a reasonable rate, I held them expecting more. Now those are worthless and can't make more than few dollars by selling them. My advise is that, hodling altcoins can be highly risky and whenever you get a good price, get them changed to a stable coin like BTC, ETH, etc.
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