Topic: Why do Bounty Hunters Sell Immediately they receive reward? - page 38. (Read 6449 times)
Majority of the bounty hunters sell their tokens especially when they are on the exchanges for the fact that they are scared and do not know whether or not the tokens will do so well in the market. So they while they still can and get whatever earning they can from it. Personally, I think you can have a win-win situation if you sell some, and keep a few extra, just in case the tokens become valuable.
The reason why the hunters sell their token is because they're mostly afraid of the crash of price after listing and we all know it takes time before any market can recover after a huge crash.
Maybe. But if you choose good project tokens have a great chance to grow in price and make a good profit
A lot of Bounty Hunters sell immediately their bounty reward, because they are afraid, that these tokens after listing on any exchange will fall greatly in price, therefore, they sell them to get at least a small profit
Because the majority of ICOs after pump in first day of trading fall down and never grow to initially position again. Market is oversaturated with new tokens and new fiat money doesn't come to crypto, so people sell old tokens and buy new and old don't grow because there is nobody to buy them.
there must be a reason why bounty hunters always sell their tokens when tokens come into the market,
I think the most logical reason is that bounty hunters need money for their lives
I think the most logical reason is that bounty hunters need money for their lives
They are just playing it safe. it is hard to see new coins that end up staying in the market for a long time so it is better to just sell the coins while you have the chance and convert it to a better coin like ethereum or bitcoin. Also some bounty hunters are just here to make some quick buck so once they get their coins, they are selling it out and taking the money.
Understand that many hunters simply do not think about the long-term prospects they think if they have earned $ 100 a month for the project, that it is wonderful and immediately sell their coins, I think that still you must first give back to investors and then hunters!
it may be the reason they are selling immediately they receive a prize maybe because of the type of project they are entering or how long it takes them to get the prize so that it loses confidence in the project and the price may fall or It could be because they need money or can sell it with different coin exchange or maybe the price is profitable in exchange. Different people with different ideas.
The reason why the hunters sell their token is because they're mostly afraid of the crash of price after listing and we all know it takes time before any market can recover after a huge crash.
I think the Bounty participants are mostly impatient to sell due to longer time frame of release of tokens rewards.
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.
Some bounty hunters are not interested in ICOs but only in quick awards. Some of them may probably know that price will not grow. There are also people with urgent financial needs. Anyway, holding is more preferable option for investors than bounty hunters.Bounty hunters are not investors so they have the "work" mentality though there are of course some who choose to be exemption to the rule just like me (and which I really regretted). As workers they have the need for immediate compensation to the job done hence they sell when the tokens are already in the exchanges. Now, many of these bounty hunters are aware that almost all tokens or coins would eventually go down in value after experiencing some pump...so why wait further when the value is already just 20% compared to its ATH? However, we should also point out that many token buyers have the same mentality...they don't hold and they unload when there is already a clear profit to be made.
I think people who sell off their Bounty rewards tokens don't mostly know how valuable the participated Bounty coin is..
This situation is quite often. In most cases, the bounty tokens are distributed several months after the end of ICO. So there are different reasons why they do so. wether project does not promise a growth or they are short of money
The hunters sell out their rewards probably because they needed some urgent cash or maybe they wish to invest in another project.
for hunters who immediately sell tokens they get from bounty maybe it's because they have no money or maybe they want ico investment, but not all hunter will do that maybe only 60% of all hunter
Many Bounty hunters don't do Bounties because they want to keep the rewards (coins) for investment sake, everyone has their own reasons for that though.
some bounty hunters wanted to dispose their coins or tokens because of money. in reality, bounty hunters cannot use the reward crypto currency in real world, so basically, they need cash for them to live. and some hunters do not care at all about the project.
Many bounty hunters do not understand anything in the auctions on the crypto exchange, do not know how to analyze the projects and will not be able to conduct a technical analysis of the coin. Therefore, they immediately sell coins.
Maybe because it's their job, I think they need funds for their daily expenses
A simple answer to a complex question requires a little touch of facing the realities of life. Actually all you need is common sense to give sense to the questions the original poster has asked. And the answer to that is really to get money. Money is all there is really if you come think of all of this. So to those who wonder why bounty hunters seldom hold is because of that one word reason.
Jump to: