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Topic: Why do Bounty Hunters Sell Immediately they receive reward? - page 71. (Read 6424 times)

full member
Activity: 574
Merit: 100
Because they think the value of the tokens that they received will immediately decrease actually I experienced that scenario before just only dour days it decrease it to 50 percent so that was a lesson for me.
copper member
Activity: 363
Merit: 9
Becuase the value of the tokens are going to fall once these investors are dumping big supply of the tokens to these exchanges,thats why these bounty hunters are dumping too so that they can buyback from the bottom when the value of token were dumped,its a win win situation for the bounty hunters morelikely a strategy.
You may have a point but for most investor's they hold that particular coin because they believe in that project that's the reason they spent money to invest on it. The value of token usually drops the moment it hit exchange because of bounty hunters dumping their token and it would recover after some time that is what i have observed.
newbie
Activity: 4
Merit: 0
Becuase the value of the tokens are going to fall once these investors are dumping big supply of the tokens to these exchanges,thats why these bounty hunters are dumping too so that they can buyback from the bottom when the value of token were dumped,its a win win situation for the bounty hunters morelikely a strategy.
member
Activity: 182
Merit: 20
I have some reasons for your question. I have worked hard for the bounty and I would like to get the reward in my hands. Second reason, I want to buy my favourite coin or token instead of the prize token or coin.
jr. member
Activity: 224
Merit: 1
That's because they want to immediately enjoy the results of what they did for months. If there are already exchangers who register the coin, then no wonder they immediately sell their coin. Or it could be those who are in need of money as soon as possible. So inevitably, they are forced to sell their coins now.
newbie
Activity: 93
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 not every hunter is interested  in the ico and it's product... They're simply just after the money... so of course not everyone will hlld
Exactly. The absence of money can make bounty hunters sell their token right away after the token hit the exchange but that scenario would happen only at the front end of the bounty hunter's career. The moment bounty hunter's realised the value of the project and he already had that extra money i think he would not sell his token right away.
newbie
Activity: 168
Merit: 0
This is one of the reasons some tokens are locked for a month or more. I do not also blame the bounty hunters, some are broke. What do you expect of a broke man who needs money to cater for his needs and he receives a listed token? But, truthfully speaking, hodl is the key.
member
Activity: 182
Merit: 12
Maybe they want to get the money quickly and do not care about the project at all. Or they do care about the project they are doing the bounty for, but are in need of cash. There is no ONE reason for this behaviour. I would not participate in a bounty, where i do not believe in the coin i am advertising. But that's just my opinion.
legendary
Activity: 2506
Merit: 1517
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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.

Cause in my opinion hunters are not very rich people and they needs money in real life so they sell as soon as possible to take some money without the risk of -80% ICO. In their main is better less and now than maybe more and later.
Rich people do not do bounties.
full member
Activity: 378
Merit: 100
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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.

Actually it depends on the person if he is really good on looking at the coin like you are always reading the platform before selling and in this way you can determine if the coin is really good for long term investment or not.
legendary
Activity: 1197
Merit: 1001
Most investors are trying to put their money to work and earn profit.
Bounty hunters are not investing money, but investing their time and skills.
Bounty hunters are workers, not investors. The token they receive are their pay check and many of them want to cash it for money, not to hold it.
legendary
Activity: 1274
Merit: 1000
some people say that it is because bounty hunters are hungry but i say 'who is not hungry'. bounty hunters take decisions according to their discretion though many of the bounty hunters do not understand cryptocurrency price trends so they tend to sell fast thus it largely affects the price of tokens in a bad way... but investors understand better so they hodl
quite reasonable, but as far as I know, there are actually many bounty hunters who hold their tokens after getting them, but their economic circumstances make them have to sell them quickly
member
Activity: 963
Merit: 57
It is quite simple, we are bounty hunters because we need money, investors do not have this problem. I can't wait two months wit coin even if I know that it has potential to grow because I need money to live. Sad but true, many times the price went 3 times after I sold coins, life...
newbie
Activity: 82
Merit: 0
some people say that it is because bounty hunters are hungry but i say 'who is not hungry'. bounty hunters take decisions according to their discretion though many of the bounty hunters do not understand cryptocurrency price trends so they tend to sell fast thus it largely affects the price of tokens in a bad way... but investors understand better so they hodl
newbie
Activity: 224
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 not every hunter is interested  in the ico and it's product... They're simply just after the money... so of course not everyone will hlld
sr. member
Activity: 2226
Merit: 347
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.

Where is your source? Basically every second ICO have bounties so would be really hard to get real numbers.   I speculate that not even 50% of bounties gets sold in the first month.

Now think. Doing bounties takes time and if this guys are doing many then it take them all day. That si what they do. So of course they need to buy food and pay electricity to be able to do bounties in first place. It is normal they spend their salary for that or how they could survive.
50% not being sold? I dont think so, i would rather believe almost 98% will really be sold out once those coins would hit up on exchanges and as you said for a typical guy who do make bounties for living wont really have the doubts on selling his own token just to assure on that money the do made on such finishing the job on promoting them.Well its their own choice yet they do have the full control of their own tokens since they do make hard work for them to earn those tokens.If they sold out then its always been their choice.
newbie
Activity: 126
Merit: 0
most of bounty hunters wants to get faster their money, thwy never trust in projects so thats why they sell after listing
full member
Activity: 346
Merit: 100
Many people do bounties without even knowing what the project is about ... If you do a bounty because you believe in it, you would not sell all of it directly.
full member
Activity: 504
Merit: 106
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I think the main purpose of joining an ICO is to earn. They can  only earn money if they sell their coin in exchange for BTC or ETH.  One thing that they could also do is to hodl until its reached its peak. I think only few are doing that since it requires a lot of time before it happen. I myself haven't tried to hold a coin that long because I needed the money to pay for my bill..
newbie
Activity: 82
Merit: 0
this is totally a decision of each bounty hunter but i think its because they are afraid the coin they are holding will not worth it in the long run. many others want to cash out so they can use the funds for something else
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