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Topic: What is your strategy on your earning from bounty and airdrops? - page 3. (Read 644 times)

member
Activity: 392
Merit: 10
CurioInvest [IEO Live]
One secrete that has really helped me is that, I only join bounties which is being managed by renowned people on this platform. For those bounties, I also check whether their website and social media are always updated.
member
Activity: 127
Merit: 10
I study the project and draw conclusions. If the project is promising, then I hold their coins in the long term. But at the moment the market is constantly falling in price, so I hold all the coins that I have and hope for better times.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
I have been attending bounty's and airdrops since beginning of this year, I have some coins from bounty and airdrops. I can not chose the right strategy up to now. I keep all the coins up to now. But now its getting very hard to deal with them. Maybe I need to sell low quality coins and buy some strong coins? Please share your strategy to help me some.
The market is at its worth which highly affects the profit of most people in cryptoindustry whether you are an investor ofr bounty hunter. The bad situation reflects to +he market value of newly listed tokens. The market prices are dumping so holding at this moment is advisable. Although holding would stop the profit, it would also avoid earning less.
jr. member
Activity: 308
Merit: 4
Maybe this week is not a good week to sell my airdrops. I decided to sell them after bitcoin makes a bull run a little bit. I am thinking to have some BTC and ETH and maybe some NEO. In addition ı have search my airdrop coins that maybe 5 of them will worth for keeping them for now. Thanks everyone for good responses. I keep my mind more clear now.
hero member
Activity: 3010
Merit: 629
My strategy depends on how good the coin is, I keep some of my coins that I accumulate from bounties if I think it has a good potential and ideal to hold for long period like iost.

Learn to do an extensive research because you're the only one to know what's best strategy to do for your holdings, if you think your coins are going to succeed and already listed in popular exchanges then hold them, otherwise sell it and buy coins that is worth holding for long term.
newbie
Activity: 177
Merit: 0
if your token doesn't have a good future (seen from the roadmap) then just sell your token directly.

but if it's a good project, just save it until the price goes up.
jr. member
Activity: 784
Merit: 6
I do not hold all the coins i receive from bounty. Instead, i sell some, in order to buy another. There are some coins that do not worth holding for long. Else, you won't be glad you did that.
full member
Activity: 362
Merit: 101
If the token enters on a good exchange and is traded at a good price,it is better to sell 70% and use it for your own purposes,and keep 30% for hold.
sr. member
Activity: 1150
Merit: 260
☆Gaget-Pack☆
I have been attending bounty's and airdrops since beginning of this year, I have some coins from bounty and airdrops. I can not chose the right strategy up to now. I keep all the coins up to now. But now its getting very hard to deal with them. Maybe I need to sell low quality coins and buy some strong coins? Please share your strategy to help me some.
Disclaimer
I am not a financial advisor or legal professional. I am only staying my personal opinion, based upon my views and experiences. Please seek a local professional for any financial or legal advice.

It is safer to just hold on to your portfolio of coins right now. I am not sure where in the world you live, but it would be better to wait for clearer guidance from the regulatory authorities within your country/state jurisdiction. The market seems like it is downtrending because of the all the news within the U.S and other countries regarding regulations upon cryptocurrency this year.
     It has been tough for crypto this year, it's no secret. One must remember though, it's a brand new market that is highly unregulated and is a real disruptor for the financial sector. Governments are scrambling to bring order into this chaotic sector. We're dealing with real inovation here. Blockchain is a real game changing technology, look at how much impact it has had so far.
    Whether you choose to sell or hold, is entirely up to you friend. You should follow your own path. Just remember to practice your "due diligence" when dealing with any investment. Always weigh your options first before panic selling, or buying.
sr. member
Activity: 1442
Merit: 265
At the moment i will only suggest to wait and hold because i have seen even good icos trading below 80-90% from the ico price, so if we follow the basic rules of investing i think it is not the right to sell, always sell at high price which is far away as of now unfortunately.
jr. member
Activity: 499
Merit: 1
Some coins from bounty or airdrop are useless, therefore, immediate sales is needed to convert it to other sure projects that have more potential to appreciate.
So you need to be wise when you get your bounty rewards, know how to get best out of it.
newbie
Activity: 84
Merit: 0
It's very refreshing to me to read so many pieces of advice here about coins earned from airdrops and bounties. Really have to think about these strategies.  Cheesy
jr. member
Activity: 322
Merit: 1
My own strategy is very simple and it's what have been using for years now when i knew about cryptocurrency.

And it has been, whatever coin i got through airdrops or bounties,  sell of 50% at some point in time whenever it hit any exchanger for some profits and hodl the rest 50% for future bull market. You know it's always good to take out capital in any investment particularly when one buy an IXO whenever it hit market and hodl the some for bull market run to svoid stories that touches.
newbie
Activity: 196
Merit: 0
Immediately I submit entry for any form of bounty campaigns I make efforts to research and get facts about the coin so I don't have problems in deciding what to do with the coins either to sell or hodl, I just refer to my guide and sell or hodl according to my guide by so doing I don't have junks in my wallet and I keep my portfolio as stack of valuable coins
sr. member
Activity: 518
Merit: 250
Sell and forget, especially those projects, which long not wanted pay and I lost couple of years life in the rough and tumble and these coins.
newbie
Activity: 378
Merit: 0
Actually having low quality coins is bad to hold based on this you need to invest in good coins which have good values in market also you can buy those coins and for better profit you can hold and when the price will increase you can sell them.
jr. member
Activity: 308
Merit: 4
Thanks everyone who has responded my questions. I have read them all. Now that I have more strategies on my mind. If we sum up;

1. Check the project details, If you believe in project you can hold the coins if not then sell them. (Check Whitepaper, Telegram, Discord, Bitcointalk etc.)
2. If quality and quantity is low, sell it and buy a core coin like BTC, ETH etc.
3. Be careful while selling in bear market condition hence you might lost most of your profit.
4. If you decide to sell the coin then try to be hurry to sell when it hits first exchange.
5. Many people mentioned that airdrops are no longer profitable, bountys and signature campaigns seems giving better quantity of coins.

hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
If those tokens that you've earned from such are worth to hold, keep holding them but if you can see that it's going nowhere, sell it.

Most bounty hunters are selling those tokens quickly so they can take the profit out of it.
full member
Activity: 518
Merit: 100
My strategy for my earnings in the bounty is joining bounties that have good rating and have bigger bounty pool to receive a good number of tokens. And upon receiving tokens. I sell on half of it to convert to top coins ( top 50 in coinmarketcap) then hold the other half so that I would not be left out when in case the coin's price skyrocket.
newbie
Activity: 100
Merit: 0
My strategy is simple Whenever I get coins from airdrops or bounty I hold them and when their price increases I sell them and invest that amount in ico.
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