When do you sell the altcoins gained from bounty programs - page 3.

jakelyson

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Quote from: johnsm79 on October 22, 2017, 01:32:46 PM

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?

The most probable reason the price drops immediately when it hits exchanges is because of bounty hunter cashing out. But that should not disappoint or discouraged you to hold the tokens if it have real life usage. It can even be an opportunity to buy more tokens as an investment. If it have real value, it will rise back up even if dumpers or bounty hunters dump the coins immediately.

giantrobot

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Quote from: johnsm79 on October 22, 2017, 01:32:46 PM

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 think I can explain to this problem. All projects are open bounty campaign, and there are plenty of bounty hunters who always sell everything they receive, which in turn causes the coin to be seriously depressed right after being sealed. However, if this coin is of interest, it will be quick, because the money that the bounty hunter possesses very little.

rainbow169

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well, sometimes the altcoins you get from bounty doesn't even worth the gas to transfer them to the exchange wallet so I'd rather treat them like lottery ticket if one day it went up 10x then great otherwise just a souvenir coin

meanwords

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I would sell it as soon as the price pumps because no one can tell if it will pump again or i'll be dump forever. Altcoin will be altcoin but maybe if it is a solid project with a solid plan and a solid team, then maybe I would hold it for half year.

romeo111

full member

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I am hold this altcoins gained from bounty programs.I will personally hold my bounty coins at least one year. then i will sell it.
i think it's must give us 2x

criticoflife

full member

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i HODL them and see what happens with them. I only do bounties for projects i support and see a future in so there is no point in me dumping the bounty because it would only devalue the product if everyone did that.

equator

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The very first point is as soon as i receive the bounty coins i just sell it because i know that it will surely get dumped and if the coin is worthy then i will buy back in low and hold for long term till my target get achieved.

anasso

full member

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most of times i hold my coins because i participate in serious project with good teams!

sometimes i sell to not missing an altcoin going to the moon or investing in a good ico!

fasdorcas

hero member

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Quote from: rayk on October 22, 2017, 02:36:46 PM

It totally depends on project and person, I will personally hold my bounty coins at least one year because most of them I participated so far are good projects except bowhead.

It really depends as you have said. Most times since people are always looking forward to dumping their coins, I always try to maybe dump and see the best price I can purchase again once the whole dump is over. That way, I have made some profit and I am also buying back into the coin for future purpose. Everything balls down to how fast I can get in the market.

raven7886

legendary

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You could have just created a poll instead of hacing to state the result from everyone's post.
However, I always see bounty programs as an investment from my part and I take closer look on any bounty I want to join, so I pretty much hold for a very long time at the end until I am sure it is okay for me to hold and give someone else the chance to benefit from what I am holding.

That still depends though, cause there are just some coins that I will end up trading at a particular price, make some profit and still buy more cause I believe in them rising a lot if I hold longer.

2Pac

hero member

Activity: 749

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I usually try to wait little bit to see the price on market near to ICO price at least before sell them.
But sometimes i don't sell and wait for the big profit if i believe an altcoin will have a good potential and future.

Mysterious01

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Quote from: johnsm79 on October 22, 2017, 01:32:46 PM

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

Here is my answer to your interesting question.
In my side if that coin has potential and it will surely worth in holding for a long time then I HODL.
But if that coin is simply created by devs just for their benefits then I will not hesitate to dump it even in the lowest price.

Vaskiy

legendary

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DGbet.fun - Crypto Sportsbook

Soon after the coins getting listed to the exchanges can get an overview about the possibility for price pumping. Based on the same used to hold or else sell instantly. Till date very few of the assets looked to be highly potential among lots of ico that get into the trading list regularly.

andrii.povkh

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Activity: 131

Merit: 101

I participate in many airdrops and I sell the tokens only on pumps. That is I set the price high and wait for the pump. As for the bounty programs I only participate in bounty for the project I am going to buy the tokens myself. In addition, for those I buy I wait for a good price to sell (in other words pump).

orcuncanli

member

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it depends on what coin you gain. if you joined bounty campaign of a coin , at least you can guess the project will be good or bad.if you think it will be a good coin why dont you hold ?

mx667

full member

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Quote from: onyebuchi81 on October 24, 2017, 02:54:33 PM

If u check the prices of ico coins release the past month or so on coinmarketcap.com u will realise a constant trend which is about 90% of these coins where selling lower than the ico price at one point. My plan with bounty coins is to sell when the price is about a particular % above the ico price and wait to buy back if and when it falls below the ico price

That's right, and that is pretty easy. I myself would do the same thing if I got money from ICO. In short way it might be like this: I'll keep those currencies until prices go up a few percent until I make a profit. But if it is in urgent condition, maybe I will sell it immediately. If I have a lot of money from different currencies, maybe I will sell everything and focus on one. It's so much easier and more simple to set up.

luckyguy09

jr. member

Activity: 55

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there no right and wrong here.
Coins with potential would be best to keep for long term. Others you may just sell them.

WISDOMSEEKER

newbie

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it really can be a side effect of bounty programs. I mean no one care about the coin that was given to him free and now has a value. so they dump it without hesitation

onyebuchi81

full member

Activity: 308

Merit: 100

If u check the prices of ico coins release the past month or so on coinmarketcap.com u will realise a constant trend which is about 90% of these coins where selling lower than the ico price at one point. My plan with bounty coins is to sell when the price is about a particular % above the ico price and wait to buy back if and when it falls below the ico price

onyebuchi81

full member

Activity: 308

Merit: 100

If u check the prices of ico coins release the past month or so on coinmarketcap.com u will realise a constant trend which is about 90% of these coins where selling lower than the ico price at one point. My plan with bounty coins is to sell when the price is about a particular % above the ico price and wait to buy back if and when it falls below the ico price

Topic: When do you sell the altcoins gained from bounty programs - page 3. (Read 1069 times)