Why do Bounty Hunters Sell Immediately they receive reward? - page 56.

Coltpython

member

Activity: 700

Merit: 11

Quote from: 42K on May 21, 2018, 08:14:36 AM

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.

Most bounty hunters see bounty campaigns as a job. Some even take them up as a full time job and what is the reward for doing a job? You get paid. So when hunters sell off their coins immediately they are cashing out their rewards for weeks of tasks done. I encourage bounty projects to start paying off hunters in ETH or BTC to avoid dumping their tokens at exchanges upon listing

Tomborneque_1102

newbie

Activity: 154

Merit: 0

Well, I think there are a lot of reasons. first, is that they waited a long time joining a bounty campaign. and they will wait again for their tokens to be distributed to them. when the distribution is finished, there's a big chance that the value of their token will decrease or DUMP happens. that's why most of them don't want to wait for that to happen. So they would immediately exchange the tokens that they have.

kgrsameera

newbie

Activity: 198

Merit: 0

Not everytime actually. Sometimes when the bounty tokens are distributed to the participants they are gonna panic and sell. they are dumping it to get immediate profit from it. Some coins are worth keeping. they are ending up with a huge profit. It depends on the potential of the project.

arkawa040

member

Activity: 434

Merit: 10

Quote from: 42K on May 21, 2018, 08:14:36 AM

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 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.

BountyLord

member

Activity: 314

Merit: 10

I think that experienced bounty hunters are waiting for the release of the token to the normal exchange, other sell all at once on EtherDelta. And they regret about it after. The problem is that most tokens now can not be sold at all.

bootlace

full member

Activity: 364

Merit: 100

Justice as a Service Infrastructure

Quote from: ?? on ??

Most immediately sell their coins because they are afraid that if the price falls they will not be able to sell and will have to wait.

I am totally agree with you. They are afraid not to have time to sell and one more important things they do not believe in project

tekinekan98

jr. member

Activity: 157

Merit: 2

Often, as soon as the coins go to the exchange, the price of them is more than the price of the ICO. But then the price of coins falls several times. I think that's the main reason why bounty hunters sell coins right away.

milah_ah

jr. member

Activity: 322

Merit: 1

I will answer the question. I do not know how to wait, that's why I sell my coins. I do not have enough endurance.

Astvile

sr. member

Activity: 1484

Merit: 276

Quote from: 42K on May 21, 2018, 08:14:36 AM

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 think some sell them right away since they have worked patiently and exerted effort on promoting the project, they want to be rewarded instantly. Some are selling it to have money to buy some potential altcoin. There are a lot of reasons why people sell them.

Michail.

jr. member

Activity: 205

Merit: 1

Quote from: ?? on ??

Most immediately sell their coins because they are afraid that if the price falls they will not be able to sell and will have to wait.

I also think that today the market is unstable, therefore, if you long drag with the sale of coins, perhaps you can not earn anything.

Deewhy2

copper member

Activity: 233

Merit: 0

bounty hunters don't keep coin in hand because of some reason, some prefer to change it to better coin like Bitcoin, Etheruem or Litecoin etc. so they don't like keeping other coins in holding.
while some bounty hunters want quick reward to they sell token as fast as possible, they even sell in low price (because they do not invest so they don't know the value of what they lose)

youngmobi

newbie

Activity: 112

Merit: 0

Some people sell there token immediately after the recieve there token, Is Because the are afraid that maybe the price of a token will fall down, And the want to insure themselves against losses.

kokota174

newbie

Activity: 35

Merit: 0

Yeah, you're right. It can be because they are in need of the money or may sell them in exchange of different coin or maybe the price is favourable in exchange.Most bounty hunters sell their coins immediately they get listed on exchange

Big Bollos

member

Activity: 190

Merit: 13

The main reason, in my opinion, is the serious changes in the ICO market. Now it is very difficult to choose good projects. And even such projects immediately after listing on the exchange subside in price.

kulakvlad

member

Activity: 294

Merit: 10

Immediately sell only beginners or those who urgently need money. Experienced bounty participants have their own strategy.

AfterTheFork

jr. member

Activity: 203

Merit: 3

Every person have reasons to selling what belongs to them, Bounty Hunters however simply sell because of impatience, some are just too exited about the rewards that they cant wait to cash in, some simply dont believe in the project and would rather back out as soon as they possibly can. some say they need the money, but so do all of us, just a little more patience and they can make more money than they did when they sell early

shapegray

newbie

Activity: 126

Merit: 0

Just wanna to get money fast after doing many task, also some of them are worry that the price will dump and became more cheaper. So it's best to dump it before we get dumped.

Nahl

legendary

Activity: 1652

Merit: 1000

Quote from: aervin11 on June 21, 2018, 04:32:10 AM

If you're a newbie bounty hunter, that would drool for money, instant money, you'd probably sell your rewards immediately and that was not good, on the project and for yourself. I suggest that find a good project, do bounty for it. Buy the dumpers and HODL, by that, you didn't need to work for a living.

admitted or not bounty hunters currently increase the number and they usually do not want to support the particular projects even more likely bounty hunters will do not care about the future of those tokens and after get paid they will sell immediately the tokens and move over to other projects and usually they don't have any plan to hold for long term purposse

BobBct

sr. member

Activity: 616

Merit: 250

Because the coin of the bounty usualy drops when it first get into and exchange especially if there are alot of people of joined that exchange so if you find a good bounty with only few people joined it then hold it.

crypto_nd

jr. member

Activity: 140

Merit: 1

Less troubles

There are several reason why that might happen, maybe hunters are short of funds, or they don't believe in the coin because it is a shitcoin.
and sometimes because hunters have participated in many ICO that turns out to be scam and when they get paid by any project they dump immediately.

Topic: Why do Bounty Hunters Sell Immediately they receive reward? - page 56. (Read 6450 times)