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Topic: Why do Bounty Hunters Sell Immediately they receive reward? - page 36. (Read 6424 times)

jr. member
Activity: 98
Merit: 1
there are numerous factors. maximum bounty hunters sell their tokens because they need to receive money instantly. however there also are folks that alternate their tokens with coins they prefer.
sr. member
Activity: 812
Merit: 310
For someone who makes an immediate sale of a token that he just got on and has just been listing in the market, they have several reasons with their decision. Among them, the desire to invest in coins is far superior to his quality, by buying coins from the sale of his tokens. Then, there is a need for them to sell their tokens, and so on.
What to do as a bounty hunter who gets a token from a superior project that is, holding his token up to its price increases higher than its ICO price.
full member
Activity: 378
Merit: 100
To me, the reason for them selling immediately they receive reward might be due to the kind of project they are into or how long it took them to get the reward thereby loosing trust in such project as the price might fall and they do no want to run at loss. Some even sell and invest in coin that are stable and has better potentials than the initial. Some other sell because they need the cash at that particular time and have no other option than to sell.

I assumed that the reason why some bounty hunters sell their bounty rewards immediately is either because of urgency of needs or high price value. They take the opportunity to sell their token at high price to earn high profit as well.
full member
Activity: 322
Merit: 100
its because, unlike the investors, a lot of them is just dont care about the future of all the projects they followed, they just want to make a profit at whatever price they will get when they sell their tokens or coins.

well, its their lost if some of the projects they followed is growing up and their tokens or coins price will go up in the future.
legendary
Activity: 2044
Merit: 1008
Since the market is on an upward trajectory, now it makes more sense to hold on to at least some of your tokens for the medium term. But earlier, when the market was down it was quite risky to do so, especially since the tokens are more volatile when compared with the more established alts.
jr. member
Activity: 167
Merit: 5
Not all bounty hunters do that. the majority hodl their coins and from experience, the dumping activities we do see on the exchanges are the works of the pump and dump groups and not just only bounty hunters. These pnd groups are always interested in new coins listed and that causes the sharp fall in price. Some hunters may sell their coins as a result of this.
member
Activity: 168
Merit: 12
ONe Social Network.
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'm one of those who sell most of the tokens that come to me all this only because of the fact that their price at a certain time just very much falls and we all lose, so it is better to immediately sell and have a profit
sr. member
Activity: 532
Merit: 250
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.

Bounty hunters don't owe anyone anything. They decide to hold tokens or sell them on their own. A year ago, the HOLD strategy worked perfectly well. Now there are so many garbage projects, the price of which will never grow. Easier to sell and forget. Better to see ETH on the wallet than the tokens in a couple days dump on X10
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
There are tokens I received from bounties that I am willing to hold for long and there are some that I missed to sell at good prices. I guess it's just a matter of personal choice which ones to hold and which ones to sell.
I agree with you actually it all depends on our choice in determining which coins to sell and which coins to hold and the results are strongly influenced by it if we are right in taking action, the result will definitely be profitable
newbie
Activity: 112
Merit: 0
Bounty hunters do not sell their rewards immediately always. If the project looks not organized and they suspect that the coin do not have a futures then they will sell their coins immediately. Sometimes too bounty hunters might have debts to pay when they were promoting the project.They have to pay for data bundles they used to promote the project etc.So they need to pay for those debts so maybe compelled to sell even though the price is not good.
newbie
Activity: 218
Merit: 0
Eagerness to quickly get money is what makes majority to do that.  So many of the bounty hunters do find it difficult to wait even for few weeks or months before they sell their tokens, simply because they wanted to get money quickly to attend to some needs. Hence, they look for every means to dump their tokens at cheap price to meet their urgent needs without even thinking that they could make more money if only they could wait. In my own opinion, it should be a thing of utmost desire for every bounty hunter to make bigger profit from whatever tokens they  get from any bounty campaign. I would implore bounty hunters to develop the habit of holding so that they can always make much more profit from whatever tokens they have when it is time to sell later in future at an increased price.


sr. member
Activity: 602
Merit: 250
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.

Frankly speaking we should not be selling the bounty token immediately as it affects the market in negative ways. There is no option however as veery bounty participant think that other people will dump the coin and thus prices might just drop heavily. So they better choose to sell immediately get the prices at the time of exchanger listing. Also if you observe then you will notice at the time of exchanger listing the prices are always higher than the normal timing so thats another reason why people choose to sell the coins.

agree with you, not all bounty hunters sell their token instantly. but yes, some of them to do it. i think because they think the price will fall down if they are a wait to sell it. or another reason is that some of them need a money urgently.
hero member
Activity: 810
Merit: 1000
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People who participated in bounty campaigns like Startis and NEM and didn't sold immediately now is rich Wink
member
Activity: 267
Merit: 11
the main goal of bounty hunters is to received profitable tokens.These bounty hunters immediately sell their reward because they want to harvest their hardwork through bounty campaigns.Bounty hunters patiently wait until their ICO's comes to an end.They exchange their tokens for their local currencies for them to be able to spend for their necessities and wants.
newbie
Activity: 68
Merit: 0
Many people need a quick profit . They get it. Who wants holding. Many not given keep, perhaps this will come with the experience.
newbie
Activity: 224
Merit: 0
Well, as a bounty hunter, it will get you a lot time and effort to finally get the reward. After all the time of waiting and trying, it is totally normal that they want to sell it right away. Who know if the project gonna be success or it will die after a few day? At the time it is ico, the price is fixed to USD, and they can change the coin to the market and exchange to eth or btc which have actual value. I think so
newbie
Activity: 84
Merit: 0
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.

Because a lot of people need money, as soon as they get tokens try to sell faster. Someone wants to sell faster, then to buy cheaper. Everyone has their own strategies. Personally, I'm not going to sell right away, I'll wait until the whole market goes into a growth phase and then sell for a good price.
member
Activity: 216
Merit: 16
We always hear in telegram groups that, don't pay bounty hunters! they'll dump the coin meanwhile they mostly do that themselves.
If the investors are able to set good trading prices before bounties were paid, hunters would not follow the trend when they were paid.
I have been in many successful projects where their coins continue to trade well because the investors thought wise.
full member
Activity: 602
Merit: 101
Bcnex - The Ultimate Blockchain Trading Platform
Actually not all hunters selling tokens.

Mostly when bounty given out, people are selling because they think the price will crash and they are triggering the crash.
newbie
Activity: 65
Merit: 0
because investors and traders are much more experienced and know how to act than bounty hunters
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