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Topic: Reason hunters dump reward as soon as received. Trust Exchange etc - page 3. (Read 750 times)

member
Activity: 736
Merit: 11
Every bounty hunter has different reasons, especially regarding project tokens from a Bounty project. just like they sell because they are under economic pressure, can't wait for the right time to sell, afraid of being trapped in FOMO etc.
copper member
Activity: 210
Merit: 1
In my opinion, bounty hunters are not very objective when it comes to deciding on whether to dump a token received from bounties or not. They are more concerned about the returns to be derived from the project. When the reward is worth the hussle, they dump and move on, there are more jobs to be done and bills have to be paid. Bounty hunters are short sighted and rarely wait for long term when they are aware that the project can become worthless tomorrow.
full member
Activity: 1036
Merit: 109
I don't like to say the reason why we dump or sell it because I am only talking about my own choice here but here is the reason's.
1. I don't trust the new projects so if they have a value why would I even hold it since I saw so many projects get their price gets dump after a couple of weeks or months.
2. I want to buy other alt-coin that have more chance on increasing their current value.
3. I need the money so I don't want to risk it on holding the reward with a high chance to drop low.
sr. member
Activity: 1414
Merit: 250
SOL.BIOKRIPT.COM
yes, of course they will sell after being listed on the Exchange or at least make up for their hard efforts in promoting the project. it's just that at worst it could impact the token price of the project itself. if you are confident with the progress of the project, then you can still buy it back when the token price is low.
sr. member
Activity: 2618
Merit: 439
in my experiences, they dumped it because of panic. i have joined some bounty in the past, some project give a big bonuses for investors. when they get listed on the market and start to trade, the bounty hunters still didn't get theirs reward yet. the team still hold it and let the investors sell it first. then, the investors sell their bonuses first and hold the rest of their coins or token that they've bought for later. when the price is little dumped, the reward was distributed to bounty hunters. they all panic. they think the price will get more dumped and sold it immediately after distribution. then, it just make it worst. the price is dumped really hard.
Interesting point of view. But I'm still wondering how a couple of hundred people with 1-2% of tokens can move the price?

Still  a mystery in the shadow of every dumped projects.

How come that small percentage that every hunters received which distributed to many can make a certained
move from the whole project itself? always been blamed but reality dictates that the team are just pointing
fingers as they don't any intentions aside from running away investors money.
full member
Activity: 1106
Merit: 103
♦♣♥♠
in my experiences, they dumped it because of panic. i have joined some bounty in the past, some project give a big bonuses for investors. when they get listed on the market and start to trade, the bounty hunters still didn't get theirs reward yet. the team still hold it and let the investors sell it first. then, the investors sell their bonuses first and hold the rest of their coins or token that they've bought for later. when the price is little dumped, the reward was distributed to bounty hunters. they all panic. they think the price will get more dumped and sold it immediately after distribution. then, it just make it worst. the price is dumped really hard.
Interesting point of view. But I'm still wondering how a couple of hundred people with 1-2% of tokens can move the price?
full member
Activity: 652
Merit: 103
in my experiences, they dumped it because of panic. i have joined some bounty in the past, some project give a big bonuses for investors. when they get listed on the market and start to trade, the bounty hunters still didn't get theirs reward yet. the team still hold it and let the investors sell it first. then, the investors sell their bonuses first and hold the rest of their coins or token that they've bought for later. when the price is little dumped, the reward was distributed to bounty hunters. they all panic. they think the price will get more dumped and sold it immediately after distribution. then, it just make it worst. the price is dumped really hard.
sr. member
Activity: 952
Merit: 253
I agree with this opinion, but I highlight one thing why Bounty Hunter immediately sells its reward once the token is on the market. One of the things because they do not have the confidence that the token will have good prospects in the future (not successful at the time of the token sale), so they are better off selling it immediately rather than being worthless later. Maybe they are in need of money especially in the present


It's about the quality of the project that will be giving impact to the tokens and no more. This is the main consideration for the hunters whether they wanna try to dump it or not. In fact so many times people forget it right now.
jr. member
Activity: 53
Merit: 1
https://www.devilsdragon.com/
I agree with this opinion, but I highlight one thing why Bounty Hunter immediately sells its reward once the token is on the market. One of the things because they do not have the confidence that the token will have good prospects in the future (not successful at the time of the token sale), so they are better off selling it immediately rather than being worthless later. Maybe they are in need of money especially in the present

copper member
Activity: 238
Merit: 1
It's not nice to say bounty hunters dump reward. It makes it feel like bounty hunters are the reason behind a project price dump which could be linked to several circumstances and groups. Bounty hunters are wise and in a situation where they believe in the longevity of a project they hold to benefit from the increasing value, later in the future.
full member
Activity: 1106
Merit: 103
♦♣♥♠
lol you don't need to do some meditation just because of this.  Grin
For me as a hunter, i will sell my reward immediately if i see the price is good to sell.
If the opposite, i better hold the reward until the price is good because some token need some time to drive the price.
I will give another example token CDX (Cedex) it could be sold for ~ 0.2 $ it would be very cool. But I decided to hold it and wait until the project reaches its goal. As a result - a scam and a price of 0.0000000000000000000000.
full member
Activity: 742
Merit: 102
Second Live
How you can tell bounty hunters don't know any knowledge about crypto? Look at how many bounty hunters in bitcointalk with Sr Member or Hero even Legendary participated in the bounty. Are they also know nothing about crypto? Bounty hunters dump the coin after got it from bounty because they ain't convince to become a investor or holder on that coin yet. If a coin meets all the factors on OP's list with a positive mark, I'm sure most will hodl the coin.
I agree with you, even bounty hunter is more knowledgeable than investors in this market. They participate in a lot of bounty at this forum and they know how to see which projects are good and which projects are bullshit.
jr. member
Activity: 199
Merit: 1
just like me for example dont really think much as to hold or not, go straight and sell but as times to goes on tends to reasoning that i should hold because notice some coin do rise, with reference to that; come to the conclusion that i should both hold and sell, as my minds tells me, but do influence sometimes by my basic present need. 
full member
Activity: 515
Merit: 101
Any bounty projects that ends up listed on small exchanges will definitely see big dump because no bounty hunter will want to hold because of fear of dump, I only keep coins that has no good value but if the present value is good I will take my profits
It's a likely thing that usually happens! However, you're giving out a stereotype and stereotype is not always true! Not all bounty projects that listed on small exchanges will see a big dump. Especially, bounty hunter can't have that much effects on a project! The allocation of tokens that use to reward bounty hunters is just a small amount in total supply, how could it affects the project? I hate seeing people say that bounty hunters sell their tokens immediately to dump the project!
sr. member
Activity: 301
Merit: 250
Hunters usually not really believe in projects, thats they they want to sell everything as soon as possible
member
Activity: 518
Merit: 30
$CYBERCASH METAVERSE
Any bounty projects that ends up listed on small exchanges will definitely see big dump because no bounty hunter will want to hold because of fear of dump, I only keep coins that has no good value but if the present value is good I will take my profits
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
lol you don't need to do some meditation just because of this.  Grin
For me as a hunter, i will sell my reward immediately if i see the price is good to sell.
If the opposite, i better hold the reward until the price is good because some token need some time to drive the price.
full member
Activity: 1106
Merit: 103
♦♣♥♠
As a hunter, I still have some coins I have been holding since 2018, and I got them from bounty. Even the once I got this year, I am still holding them, just feel I shoudn't be selling for less. If the developers are wise enough, this is a good time to attract more investor to their projects.
Look, the UTK token https://coinmarketcap.com/ru/currencies/utrust/ was distributed on February 18, 2018. the price at the time of payment of bvla $ 0.27 it was ~ X13 to the selling price on ICO, if to sell them immediately and hold bitcoin, then at the moment it would be at least in breakeven, but at the moment the price per token is $ 0.09 and this is ~ -X3.
member
Activity: 686
Merit: 15
As a hunter, I still have some coins I have been holding since 2018, and I got them from bounty. Even the once I got this year, I am still holding them, just feel I shoudn't be selling for less. If the developers are wise enough, this is a good time to attract more investor to their projects.
member
Activity: 2044
Merit: 16
Bounty hunters are entitled what ever they have in mind once they received their tokens, either sell it or hold it for better price in the future. I don't also agree with the term "dump", i concur on term of selling instead that would be a wise term for it. I do agree that some hunters sell off immediately because they want to avoid dump from other hunters as well even with a cheap price they will bite the bait for selling low. I did sold my bounty rewards did early than expected and few months it pumped up the price. It may dismayed me so hard but that's life of a bounty hunter, you never know what gonna happened in the future of project.  So, better to move on other opportunities ahead of me in this industry.
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