What should I do about it? - page 9.

milewilda

legendary

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Quote from: Eugen225 on March 19, 2019, 08:17:42 AM

For a long time I collected these tokens from the bounty+airdrop. All tokens fell terribly after ico. It is curious how long you have to wait when they grow up. maybe i need just wait 100x)))

Waiting for the Moon? This is the hardest part actually yet these coins are completely trash basing on the image that you have given but you wont know if there's
one would be hyped up and been pumped out on a short period of time but i doubt you would surely miss it but these are just probabilities yet we have seen some
circumstances on how shitcoins being pumped up even we do know its true worth.

oceantiger

jr. member

Activity: 308

Merit: 8

It is just like that with me. Some of the coins in my wallet despite the quantity amounts to 2 or3USD. Some of them are more than one year in my wallets worthing nothing. It is very difficult to know when the price will improve. Someone said the owners of the coin sometimes pump the coin. If someone will know when they will pump then you can follow them to dump it.

cabron

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Quote from: NeuroticFish on March 19, 2019, 08:30:45 AM

Quote from: Eugen225 on March 19, 2019, 08:17:42 AM

For a long time I collected these tokens from the bounty+airdrop. All tokens fell terribly after ico. It is curious how long you have to wait when they grow up.

It's difficult to tell. You should check all the projects one by one and see for yourself which of those can have a good future. Those will probably grow when the money will come again into crypto markets.
The rest can be sold, although they are probably already worthless.

Since the market is low, it's not the best time to sell, so it also depends on how much you need the fiat you'd get for them.

However, it's your decision to take. I am in basically the same situation like you, but I reached the point it doesn't really worth it to sell.
One of the tokens I have used to worth about 200$ (for the ~90 tokens) in December 2017 and now it's under 0.50$.

That is what will happen if we keep holding while everyone dumps. I have about $120K now just worth $1200. I would have been celebrating the whole 2018 if I just dump what I got. I dumped some bought a truck but now I sometimes have to use my bike as I can't afford full tank for it. The next time bullrun happens, all those that I have will be sold, every bit of it.

gantez

full member

Activity: 1736

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Quote from: harizen on March 19, 2019, 11:14:29 AM

Since most of them is just a piece of candy, it's up to you if you will collect all of them or just play with the risks holding it until zero.

Well funny about it. This big issue is that you can hardly determine a profiting ICO coin and lately, almost all have been failure after few pumps , they go back to start and crash away. I have learnt to buy a coin of my choice and not to waste my time gathering candy coins from airdrops and bounties.

enhu

legendary

Activity: 2492

Merit: 1018

You have a lot of coins but the sum in USD are just worth $42. You are not the only who has this problem though.

I also have a ton of these ERC tokens, that isn't worth selling. We were tool ate to dump, I wasn't expecting the prices of the tokens I hold are going to drop this low so I kept holding. This market is just disappointing for anyone full of hopes.

ethereumhunter

hero member

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You have two option for that which is:
1. Still, hold for the unknown time to see if that coin can increase or not.
2. Sell right now no matter how much money you can get.

My suggestion is to hold if you believe that all of the projects were very good and have a bright future.

I think you are not alone. Many of us have the same situations. Many of them were selling their tokens, but many of them still hold the tokens. It's up to you.

sujonali1819

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Quote from: Eugen225 on March 19, 2019, 08:17:42 AM

For a long time I collected these tokens from the bounty+airdrop. All tokens fell terribly after ico. It is curious how long you have to wait when they grow up. maybe i need just wait 100x)))

Though the most of the bounty and Airdrop is now worthless but want to suggest you to hold these coin until the market starts bullish again. because despite worthless some coin/token pumped with the bullish market. So wait for that time. I am also waiting for market bullish because I have also some token that is now 95% down from ATH. I am waiting for New ATH of these coins.

The Sceptical Chymist

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Quote from: NeuroticFish on March 19, 2019, 08:30:45 AM

One of the tokens I have used to worth about 200$ (for the ~90 tokens) in December 2017 and now it's under 0.50$.

That's about what I've come to expect from most of these tokens, although I will certainly admit that I'm no expert in the projects behind the tokens. But I have looked at some of them, and it always seemed to me that the devs are trying to crowbar a blockchain solution onto a problem that either doesn't exist or wouldn't benefit from blockchain tech. Not surprising in the least that OP's tokens are all selling for pennies.

OP, I'm not familiar with any of those. Are they all listed on an exchange, and if so is there actually a market for any of them? Sometimes even if you are able to place a sell order for a garbage coin or token, there might not be enough buy orders in the pipeline such that you can actually sell what you've got.

Quote from: mk4 on March 19, 2019, 10:17:14 AM

If you live in a third world country and $42 is something significant and you sort of need the money, then selling it would probably be a better idea.

Yep, and that's why so many 3rd worlders do the bounty hunting thing. That's one of the best things about crypto, that poor folks can earn money that way, all spam issues aside.

kurian

full member

Activity: 630

Merit: 102

I understand that you made some efforts to grab those airdrops. I have some on my wallet too. Since I haven't made any financial investment on it, I am not touching it unless market makes a bullish run. It is best to do the same way as it has less value on the current market. It may give us good profit in the future. Good luck.

seoincorporation

legendary

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Quote from: Eugen225 on March 19, 2019, 08:17:42 AM

For a long time I collected these tokens from the bounty+airdrop. All tokens fell terribly after ico. It is curious how long you have to wait when they grow up. maybe i need just wait 100x)))

Well, one option isto hold them until the price goes to the sky, or until the ICO makes his scam exit and the value goes to zero, i would recommend to cash out those tokens and but some other coins like LTC, XMR, ETH or some secure investment with future. At the end is your decision but play it smart.

pawanjain

hero member

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Nothing lasts forever

Quote from: Eugen225 on March 19, 2019, 08:17:42 AM

For a long time I collected these tokens from the bounty+airdrop. All tokens fell terribly after ico. It is curious how long you have to wait when they grow up. maybe i need just wait 100x)))

Did I just read 'wait until it goes 100x', you must be high if you typed this. Bitcoin is itself in a crucial stage as it is slightly recovered from the bottom of last 1.5 years.
It has drained all the altcoins with itself which is why going 100x times would take a really long time as of now. I know it would have been hard collecting these tokens and seeing them drain in price.
I have faced it myself but I did sell them little by little when the price were better than now.

Golftech

hero member

Activity: 2128

Merit: 520

With that current value, for me I've take the risk and wait till something huge happen to certain projects, we all knew that there's no certain with
projects around this market, but who knows, just take a look of those coins inside the forum and check if devs still working and if the progress still
continuing, you can have some hint what would be the best thing to do with this current situations.

harizen

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Since most of them is just a piece of candy, it's up to you if you will collect all of them or just play with the risks holding it until zero. Remember that $42 is just a figured amount only without any associated fees depends on the exchanges where those tokens were listed. It might end up $30+ after the whole withdrawal will be complete. And even if not, do you really need today the $42?

By this time, you should already accept that amount is considered as loss. It wont hurt your pocket much. Who knows some of them will show an insane pump in the future. However to avoid expectations, check the current development of each coins and decide for yourself what to do on those tokens.

joeperry

sr. member

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Not recommended. I'm once a bounty hunter and know how thing works... If you know that the project is really good and you think that the project will have a lot of users/investors in the future or if the projects solution/concept is unique in every way then it's the one you should hold but in most cases most of the bounty campaign/project ended up as a failed project.

So here's what really happened in bounty, here are my observation:
1. A (not that good project) will run a bounty campaign
2. Many bounty hunters will join (including you)
3. After the distribution of rewards, many bounty hunters don't want to waste their efforts and time and to make sure that they're going to earn from the project... they will sell all their coins immediately and in result the price of the token will fall.
4. Because the project is not that good the project is having a hard time to get a new investor to continue the development of the project and in result the project will fail.

In conclusion you should just sell your coins immediately if you're not sure about the bounty project where you've joined. All of this are according to my own opinion, perspective and experience, I'm just sharing it.

mk4

legendary

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If you live in a third world country and $42 is something significant and you sort of need the money, then selling it would probably be a better idea. If you have money saved and if you don't mind losing the $42 though, personally, I'd hold it just for shits and giggles and for the small "what if" factor.

Again, completely up to you though. Only you know your current financial situation.

ajaymukund

member

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https://streamies.io/

I think you should sell all those coins and invest in better projects. IEO projects are now great and $ 42 can become $ 400 if you're lucky.
In the crypto market, don't expect a miracle to happen. proactively create it. Long-term hold is not a good strategy.

Moshaid

copper member

Activity: 546

Merit: 1

This is one of reason one needs to consider some factors before engaging in bounties or airdrop. For airdrop you need to own a channel with huge amount of subscribers, with this you tend to receive high number of token through the process of referring. For bounty to earn big you need to do almost all campaigns, probably except translation but others are interesting to join.

For those token in your wallet even if you sell all, your reward will be close to transaction fee price. So I advise you hodl till something huge happens.

MakeMoneyBtc

full member

Activity: 1092

Merit: 117

The best thing you can do right now is do some research in particular to each token you have and find out if its worth to hold them. Because you could actually wait forever expecting the price to go up,since only a very few ICOs succesfully last on the market for a long time. If you think one of those ICOs look suspicious and it shows signs that it might end up bad then sell your coins immediately before they lose their whole value and become useless.

jhongzjhong

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I also have some token in my ETH wallet from airdrop and I think they are now shit token. Just a decorative in my wallet and they are no value at all. Maybe ICO also has a loose when they are listing their token because of a bear market, we can't blame them by that. Perhaps they didn't recover after listing on the exchange. Or we should patiently wait when Bitcoin pumps up maybe there's a chance to gain profit.

bitbunnny

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That is why I don't like tokens and ICOs, waist of time and money.
You don't have much options. You can make the analysis and see if any one of them has any chance to get some good position in the market and wait for the moment when they will be worth selling. Or you can just hold them with patience waiting for something to happen. But for the future I suggest to you not to waist time, money and energy on something that is not worth it.

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