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Topic: When do you sell the altcoins gained from bounty programs - page 2. (Read 1069 times)

full member
Activity: 406
Merit: 100
I usually sell most of the coins received from bounties. I see most of them when entered exchanges pump up their prices and gradually drop to hell and take longer time to rise. Thats the main reason why i sell of them and participate in a different bounty. Very rare campaigners keep their coins if the projects are good and try to make most of it by taking good profits. But i have seen very few coins do that , majority is sell them off ann look for a new bounty.Thats my opinion.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
Imho blind bounty hunting does bad to the ecosystem. If somebody does tasks for a certain project that pays in that certain coin/token it means he believes that project will have some success.
At least that's what I do. And that's why when I do bounty hunting I wait at least 1-3 months before selling. For about half of the projects I still have the coins or part of them.
full member
Activity: 448
Merit: 100
LETS GO ADAB
Most of the bounty hunter are selling their coins once it enters in the exchange. Its a reality because they are supporting the project for the money not for the benefit of the project. Only people who buy from ICO will surely hold the coin they get. Me? I hold my coin until im satisfied with the price, 5x or 10x from the ICO price
member
Activity: 69
Merit: 10
I suppose Bounty coins should be better kept at least for several months, not sold as soon as you get them. You should also check beforehand their market price.
Another way out is to keep ½ of them and the rest can be sold.
some coins or tokens given by some bounty some of it are you have to search where you can exchange them so better to wait and also wait for when the price is in the high that you can really have profit of it.
sr. member
Activity: 594
Merit: 250
I sell altcoins that i get in bounty which i think won't have a future or the developer do not post update regarding their post development. But most of the time i just hold my coins and see if it could reach x2 to x5 of it's ico price. No one can tell if that coin that you get will get a decent price. You just need to stay updated to the developments of the project and later you make your move if you will sell or not.
full member
Activity: 196
Merit: 100
I have never gotten any one coin from a bounty program until now. I'm participating some bounty programs and bounty payments will be done next week.  if I already get the coin ,  I will sell it after the coin is listed in the exchanger. its one of my options  Smiley
hero member
Activity: 837
Merit: 500
once I get the token/coin rewards from bounty at that time also I will convert it all to bitcoin.

unless the token/coin is promising in the future.  Cool
lets give some coins a chance, if we think we can earn more from it then hold on to it, lets not just dump it right a way it will not be helpful for the project, but still depends on what coin and how much we gained, i have earn from holding a coin I think before will not increase too much and I'm wrong it risen now thats why I learned my lesson, so dont judge right away give it a time unless we really need some to spend, just an advise for some bounty hunters to earn more.
full member
Activity: 546
Merit: 102
once I get the token/coin rewards from bounty at that time also I will convert it all to bitcoin.

unless the token/coin is promising in the future.  Cool
full member
Activity: 406
Merit: 103
after received token from bounty,i will hold until list in good exchanges.
and see the price on market near to ICO price at least before sell them,and you will got big profit.
member
Activity: 98
Merit: 10
As soon as I get some insiders about things going bad for this specific altcoin network.
sr. member
Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
Personally it is always depends on the project, if i judge that the project is good and has a bright future, i will hold the coin as long as possible, but if i think it is hard to increase the token value, i will sell it as soon as possible (usually after being distributed and listed on exchange).
sr. member
Activity: 520
Merit: 250
I suppose Bounty coins should be better kept at least for several months, not sold as soon as you get them. You should also check beforehand their market price.
Another way out is to keep ½ of them and the rest can be sold.
I prefer to hold all my bounty rewards as of now, unless there are some nstances that some of coins that I see too slow to move suddenly arise high, i surely take that opportunity. Well still depend if you prefer  trading more than holding.
member
Activity: 287
Merit: 10
I suppose Bounty coins should be better kept at least for several months, not sold as soon as you get them. You should also check beforehand their market price.
Another way out is to keep ½ of them and the rest can be sold.
full member
Activity: 714
Merit: 160
after bounty distributed i'll try to Hodl my altcoins/token as best as i can until this altcoins/tokens officially listed on exchanger and then sell it when price pump...
full member
Activity: 728
Merit: 101
I personally still have some coin from bounty campaign, because I think it will be very loss if sold now, the price is very far below the promised ico price, so I should be patient and wait
full member
Activity: 224
Merit: 101
trade.io - Join the Trading Revolution
Doesn't really matter. As the bounty distributed is no more than 2-3% of the total money generated during the ICO, even if the bounty people drop their tokens, it would only momentarily effect the price. Just like for a few hours or a couple of days max. For me, I trade my bounty tokens the same way I trade the coins that I would have bought.

But what people are doing here, is holding on, at least a majority of people. So it allows new people to enter a token and hold the price right.

full member
Activity: 364
Merit: 102
Doesn't really matter. As the bounty distributed is no more than 2-3% of the total money generated during the ICO, even if the bounty people drop their tokens, it would only momentarily effect the price. Just like for a few hours or a couple of days max. For me, I trade my bounty tokens the same way I trade the coins that I would have bought.
full member
Activity: 156
Merit: 100
We have seen coins prices crash extremely fast when the enter an exchange. I have seen in telegram, that people are shouting why would some people sell fast?

Is this happening from bounty hunters? Are you doing it? Have you sold tokens, once the entered exchange platforms?

I will update the 1st post as the results come in!

Results:
Mallingo98:       Sells ASAP
tha2er99:          HODL
tora:                 HODL (end of year evaluation if to sell)
cryptochr:         HODL (if active n quality project) or otherwise SELL
beginnersluck:   HODL (few weeks or months)
rayk:                HODL (one year - but depends from project)
djaliel:              Sells   (when listed on popular exchanges)
mR.k0fka:         HODL (bounty coins, one can be a lucky one)
Paulcrypt:         Hold&Sell (hold growing coins, sell the rest)
SM23031997:    HODL (one year)
coleman268:     Sell
disam:              HODL  (saved in ledger nano s)
mysacrifice:      Sell (with a plan, escalating depending on price)
tegalrejo:          Sell (when price is higher)
SamboNZ:        Hodl&Sell (hodl half, sell half)
Todoroki:          HODL (few months)
sinduarianto:     Sell (when price drops)
sirstu:               SellorHODL (After pump)
Minor Miner:      HODL (cause only enters robust projects)
endlasuresh:     HODL
rearwheels:       HODL (six months)
anitaraymonds:  SELL
indrakusumaindra: Depends
Cixboy61:          Sell
tanghere02:      SELL
Rufsilf:              SELL

I try to store the coins for a month or two then sell it if the price is right.
full member
Activity: 266
Merit: 100
Well, the thing that i do most of the time is forget about the bounty i get(if i do not need the money) and hold  for a few months to years, depending on the way i see the platform of a bounty or its concept. On some rare occasions, i sell asap when i get a shitcoin. Although i did this only twice with an airdroped token and a bought share.

I like making gambles on ICOs but i sure do abandon gambles that i know are giving me 80% more risk than profit for my investment.

Having said all these, my decisions depends on the way i see a token's petential.
newbie
Activity: 35
Merit: 0
Planning to hold most of the coins that have good potential, the rest - sell after it gets listed.

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