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Topic: Reason hunters dump reward as soon as received. Trust Exchange etc - page 2. (Read 750 times)

member
Activity: 161
Merit: 12
These are majorly the reasons. But most hunters also just joined campaigns just to make some earnings. The hardly understand the technology behind the project. All that matters to them is to sell and earn whatever they can get.
True, some don't see or understand the benefit of the coin and just want something, anything for their work in the bounty, no matter how low it could be. Sure you can do that but it was a very ill-advised thing to do. At least, bounty hunters understand why they want to sell (based on OP's list) is much better.
legendary
Activity: 1680
Merit: 1343
Most bounty hunters work for many months and eventually get some tokens. If these tokens have a value, they want to sell them in order to get some money from it that compensates them for the months they spent in their work. I think they rush to this decision, but they will be disappointed if these tokens lose their value, So they sell instead of waiting for the token to rise in value.
full member
Activity: 532
Merit: 100
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These are some factors I think determines the mind of hunters to sell immediately or to hodl for a while.

Many say when it is handled by a known bounty manager but I don't totally agree with that view because we have seen so many coin that became trash after distribution, some never got listed, some ended up being scam.

Edit: There is another point while hunters can decide to hodl though, if the reward value or the unit received is worthless  Grin Shocked
In fact, knowledge and experience are still the most important thing if you want to get rich in this financial market. You can see there are a lot of hustle and hard-working people, but they can't get rich because they never have analysis. There are projects we need to analyze and value in the future to make the decision to hold or sell right away. Like Cartesi bounty, if one holds it until now the reward is 4 times higher than the original. In short, we shouldn't just work hard, we should work smart.
newbie
Activity: 224
Merit: 0
I think the reason why hunters sell their token as soon as they received it is because the trust issue toward the project.
There are many projects not progressing, causing the token price to falling. So, hunters think it is better to sell it now before the token price going even lower.
member
Activity: 1078
Merit: 21
COMBONetworkio
The bounty hunter only gets a small reward, I don't think Dump happened because of the bounty hunter,
it's natural that we as bounty hunters sell it, because we also need money, don't always blame the bounty hunter!
member
Activity: 573
Merit: 30
These are majorly the reasons. But most hunters also just joined campaigns just to make some earnings. The hardly understand the technology behind the project. All that matters to them is to sell and earn whatever they can get.
sr. member
Activity: 1036
Merit: 329
I think it's normal for a bounty hunter to get good returns for himself, and sometimes buy back the coins they sell for a profit at a later date.

not all is having a plan to buy back the coins they sold they prefer to buy  much more secured coins than to buy again from a project that already dump its price.



the reason is not only that but the reason could also be that they are bounty hunters in need of money so that the participants prefer to immediately sell the proceeds from the bounty campaign to survive because the money from the bounty campaign can be used to buy food and drinks to survive.

That is  their rewards they are freely to choose wether to sell it or not even they need it that time or not its their payment after all.
legendary
Activity: 1848
Merit: 1009
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Why we should try to cover up the main reason and make it more complicated It's not rocket science to know the reason, why bounty participants are selling their bounty earnings after it was listed, that was simple to earn money for a living because the majority of bounty hunters are doing this including me I'm not ashamed about it because I need it as additional capital for my trading activities so it's not a big deal to me. it was your payment so you have the authority to sell it or hold it or whatever you want.
This holds true in most of the cases, but what is the problem here is that most of the Bounty projects promise big returns for the hunters, even the coins are listed at pretty high rates on the Exchanges but when the time of Bounty distribution comes those same coins are worth in pennies as compared to the start of Campaign, so bounty hunter aren't responsible for the dumping of price of a token on an exchange, it always get dumped way before they were even given a single token to sell. This mindset of the community needs to be changed where they always held responsible the bounty hunters for the dump in price of a token.
full member
Activity: 664
Merit: 100
I think it's normal for a bounty hunter to get good returns for himself, and sometimes buy back the coins they sell for a profit at a later date.
sr. member
Activity: 924
Merit: 256
I think the important reason because bounty hunter doesn't trust the project, They join in bounty because the reward behind it not because of the project. And I don't agree if says hunter dump the reward, better to say hunter want to enjoy the reward, That's why he sells it immediately
the reason is not only that but the reason could also be that they are bounty hunters in need of money so that the participants prefer to immediately sell the proceeds from the bounty campaign to survive because the money from the bounty campaign can be used to buy food and drinks to survive.
full member
Activity: 1820
Merit: 107
Why we should try to cover up the main reason and make it more complicated It's not rocket science to know the reason, why bounty participants are selling their bounty earnings after it was listed, that was simple to earn money for a living because the majority of bounty hunters are doing this including me I'm not ashamed about it because I need it as additional capital for my trading activities so it's not a big deal to me. it was your payment so you have the authority to sell it or hold it or whatever you want.
full member
Activity: 360
Merit: 100
You cant blame them some of the hunters are actually relying on the profit on their campaigns. It sound desperate but thats the truth. I know its not appropriate to use forum as a job or what but that is what happening here. Most likely some user here are displace or neglect of their jobs due to covid19 situation and they just relying on the income they get here. Too bad and sad but this is reality and should never be the case so dumping is inevitable cause they can get something to use for daily living. But for those who are in good position they could hold it or trade some but for others let say they have no choice.

And if you will not sell your share, you will be the one who will be wasting your time on these countless crap projects. So it is really better to discard whatever you've got in your campaign rather than wait and wait for nothing. Believe me, if you will not sell it right after you receive it, you will find yourself holding worthless tokens or coins. So instead of holding those crap tokens, better sell it while it has some value in the market.
So true, the chance of coin you receive from the bounty project increases price after the distribution is very low. Most of the time, it will be dump by everyone, investors included so better take the first turn and sell it before the dump.
full member
Activity: 1066
Merit: 188
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I think the important reason because bounty hunter doesn't trust the project, They join in bounty because the reward behind it not because of the project. And I don't agree if says hunter dump the reward, better to say hunter want to enjoy the reward, That's why he sells it immediately
sr. member
Activity: 1148
Merit: 270
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This may all be the fault of the project itself why they are holding coins for too long to hand out to bounty hunters, so when coins are distributed to bounty hunters, don't blame bounty hunters if their price is destroyed when they enter the exchange, because the bounty hunter has been waiting for the coins to be distributed with the project for a long time, so after the bounty hunter gets the coins, it's only natural that they sell them because it is the bounty hunter's right to sell them, and I'm sure not all projects when they enter the coin market will be destroyed, because it all depends whether the project developer itself can keep the price good and stable, if the developer can keep the price, everything will be fine.
sr. member
Activity: 1526
Merit: 332
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Simply because Bounty hunters not does not really cares about the future of the token they just only after the rewards they can get throught it, and I knew some of them. To be honest, I also have an issue trusting these token probably because of what past ICO projects have did to me. I usually hold those token and wait for the right time before to sell but it turns out they dump already and I wasn't expecting that. So I can't blame why hunters dispose those token after they recieve it.
hero member
Activity: 2716
Merit: 904
Most bounty hunters don't really believe so much in most of these projects. Some only participate just to earn some rewards and move on. Our dev and team should try as much as possible to come up with good projects which have potential to convince hunters to hold.

yeah, the team should proof their project is a promissing project to all participants and investors too
because not only bounty participants buddy, but investors also became a part from the "Dump"
If the team will give an unreasonable bonus to investors that would still make them profitable despite dumping the coin, they will certainly do as they are all aiming for profit, especially for short term profit.

anyway not all bounty hunters will sell their tokens as soon as they received

Not all, but most of them, maybe 90%.. so team should be ready with this, they need to find ways that the coin will not dump when traded.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
Most bounty hunters don't really believe so much in most of these projects. Some only participate just to earn some rewards and move on. Our dev and team should try as much as possible to come up with good projects which have potential to convince hunters to hold.

yeah, the team should proof their project is a promissing project to all participants and investors too
because not only bounty participants buddy, but investors also became a part from the "Dump"
anyway not all bounty hunters will sell their tokens as soon as they received
copper member
Activity: 1162
Merit: 3
All the points are correctly mentioned by you stating the truth. Projects should not blame hunters for dumping. The most important factor is trust among the hunters about the project which they promote. Who knows the future. At present, if we are getting rewarded, it should be converted into actual rewards.
member
Activity: 91
Merit: 35
In my opinion, many bounty hunters do sell their reward as soon as they receive it because they have not done a thorough research on the project so they don't know if it will succeed or not (They just need to feel truly rewarded for all the work done.

Some also sell their reward even after researching and knowing project is solid and they might be selling too cheap because they need money badly for their upkeep.

I don't believe that bounty hunters selling their token makes a significant impact on token decreased value. Mostly this is done by early investors (private sale) due to them buying on big discount.

I personally used to sell my reward asap when i started bounty hunting  but few projects really did surprised me hence i now hodl some and this has benefited me greatly finanacially.

My suggestion, don't be too excited during distribution without making sure you are not selling yourself short!
full member
Activity: 1498
Merit: 146
Better say they are redeeming their earned rewards into cash, they worked for it right and there is no point of saying you should not sell it for profits.Many tokens will be dumped by the investors itself but team blame the hunters so they can sneak their stake into worthy coins and will leave the project undeveloped. People gained lot of experiences from holding ICO tokens in 2018 and they never made even cents by doing that.
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