Topic: Why do Bounty Hunters Sell Immediately they receive reward? - page 20. (Read 6478 times)
I think there are several factors why bounty hunters immediately sell their tokens, the main reason they are bounty hunters selling their tokens because they need money, the bounty hunters are also afraid of the price of their tokens falling in price so they also sell their tokens and the last reason they are afraid of tokens it will be a scam
There are diffrent reasons of it. Some people sell tokens, because they need the cash. Some people exchange them into coins more potential like Bitcoin and Etherium. Some are afraid if they don't sell coins the price will go down or the coins will loose their value.
bounty hunters are generally as inexperienced beginners who don't quite understand yet what the market, or students who enough what is enough, ask any hunter what he was doing with his coin which he earned during the 3 first x months, he will tell you sold! who strongly understands this market is not participating in the bounty but in the ICO.
Well, lets make it simple mate, just like me I'm not an investor, I'm a bounty hunter and I require money because I don't have regular means of income. What do you think would be my option if I receive the token, I have to have funds for the family and the only option I have is to encash my reward. It's because of need and not because of grid. That's for me but I don't know of the others. Your thought?
This is likened to an African proverb that says “when the child is of good character and doing well, he is the father’s child, but when the child is bad, he is the mother’s child. The fall in market value for coin is causing a blame game in the forum. Bounty Hunters are the one promoting the ICOs with all their skills just to get coins they are not even sure of the value, now why on earth should they be blamed for a fall in the market? They are not the exchange platforms; they are not responsible for grading which coin should have which value. They sheepishly just support in their own ways to earn extra cash. Some of us don’t sleep, we declare compulsory vigils upon ourselves to ensure we meet up with targets especially reporting. It is therefore a thing of joy to now receive reward for labour. And it is not real to just decide to leave your coin in the wallet and just be keep staring at it. It is like marrying a new wife and watching her sleep all night long, while you sit on the stool and smiling at her even while she is sleeping.
I work for the coin or token and I don’t think I need permission to sell what belongs to me. You see sometimes these coin drops in value like the present state of market that we are all complaining. Some coin once the ICO is over, the value decreases instead of increasing. A coin I received this year, it was worth $350 and more as at January this year when it was paid to me, but as we speak that coin is not up to $40 dollars, one even dropped to $8. In that case if I had sold upon receipt, it would be better but now it is worth nothing if I decide to exchange and transfer to my bank account. only transaction fees will take everything. so what is my gain for keeping it?
Many ICOs have realized that Bounty hunters always sell their coins immediately they give it out to their wallets especially when they are on exchanges. What are the reasons why they sell it out and what should bounty hunters do when they are given the tokens.
I dont think all bounty hunter sell off all token immediately even if they do it is their right , they earned the tokens by hard work . Sometimes people sell all things for that they need money. But in most of the cases i noticed that they sell a ratio of token and convert into fiat and hold the remaining.
bounty hunters are generally as inexperienced beginners who don't quite understand yet what the market, or students who enough what is enough, ask any hunter what he was doing with his coin which he earned during the 3 first x months, he will tell you sold! who strongly understands this market is not participating in the bounty but in the ICO.
I believe there are several reasons why hunters sell coins at once. First, get the money immediately if it is not enough to ensure life. The second is the exchange for more promising coins, such as bitcoin, Ethereum. And third, if they don't believe in raising the prices of their coins at the end of the company.
Do not sell every coin. And not all hunters are the same. I personally think that in Hold, that immediately sell. But much depends on the market.
Sometimes the rewards received by the bounty hunters ar delayed by few months. Most of the bounty hunters do that bounty campaigns as their full time job and that they would like cash as shortly as doable. By at once marketing bounty rewards you're secured of token price in edict. once the coin is listed at first, the worth is usually high and that they will get a decent profit if they sell it.
Most projects and token owners put all the blame on bounty hunters if their coin do not go green in the coinmarket. If they think it is the bounty hunters that is the major factor behind the downfall of their token, I advice all the campaign to pay in ethereum or bitcoin. Bounty hunter sell tokens immediately because they have access to as many as token.
Many ICOs have realized that Bounty hunters always sell their coins immediately they give it out to their wallets especially when they are on exchanges. What are the reasons why they sell it out and what should bounty hunters do when they are given the tokens.
There are multiple reasons why many bounty hunters sell their coins immediately after receiving their bounties. One of the obvious reasons is that they badly needed the money and just decided to sell their tokens whatever the price it may be. Other reasons is that they thought their tokens are most likely could go into sh*t coin in the future.
Alt coins always Depend on its importance, development and demand level.
This are valid reasons and it obviously rely on the owner's decision on what they should do with their own tokens. But, i really believe patience at all costs is the most effective strategy when it comes to gaining great profits.
Because they need money. I'm sure that every bounty hunter follows the bounty program because they need money, even for cash or buy the top listed coins on exchanges. That is sad news for ICOs , but that is their choice !
May be they dont trust that particular token or they are just very inexpeirenced and sell in early stages when the coin/token is being dumped...i think experienced bounty hunters these days hold those tokens,only the beginners make these mistakes
The vast majority of bounty hunters are not investors, they just work to get a salary in the form of tokens, and at the first opportunity try to withdraw coins into fiat.
They have actually work for the token and some hunters will need to pay for internet service , electricity bill , feeding and many more ....
Mostly when bounty given out, people are selling because they think the price will crash and they are triggering the crash.
Because everyone else selling too and the price decreases immediately. The longer you hold the ICO tokens, the lower the price. Of course, this does not apply to all campaigns, but most works like this.
I agree on what you said almost all of the bounty tokens now is decreasing it's after it will get list on some exchanger and i am one of those bounty hunter who are selling the bounty token once i got it because i dont wanna sell my token when the value of it will got dumped.
the first reason might be because they are in need of money, as you know currently the distribution of the project is so long whether it is such a cause, but it is clear that waiting for the project to pay has made the contents of the wallet run out, and inevitably the new coin will be directly sold, maybe only a small part is still holding it.
There are many reasons for this: They may sell to get cash, or trader they sell and wait for low prices and buy back, maybe they sell to buy coin other and and many other reasons, etc...
Jump to: