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Topic: Why do Bounty Hunters Sell Immediately they receive reward? - page 72. (Read 6450 times)

newbie
Activity: 84
Merit: 0
I don't think it's a good idea to get a bounty token for sale immediately. You can choose to hold it for a while. Maybe it will bring you a huge return. I think this is the right approach.
member
Activity: 112
Merit: 15
In my opinion, they sell immediately because ussualy the price will start dump day by day. Its better to sell it as fast as you can. Many tokens start to dumo after the ICO finished.
But i suggest you to wait and see for a several weeks maybe months. Who knows the tokens have good project and start to pump the price after a few weeks or months. Not all tokens going to dump and not all token going to pump. Its your choice to sell it immediately or hold until it reach high value.
newbie
Activity: 140
Merit: 0
Probably, there are many people, who do not actualy believe, and care about the project, they just go for an easy short therm proft. A bit sad though.
member
Activity: 350
Merit: 10
I think that the instant transfer of coins is connected with the fact that the participant does not believe in success of the project. He tries to fix the profit as soon as possible.
newbie
Activity: 150
Merit: 0
maybe some of them don't have the money so have to sell the newly received tokens from bounty, if someone has the money to survive for a few months they will not do that because they want the newly received tokens from bounty enter the bigger market in order for them to profit more
hero member
Activity: 1134
Merit: 502
Well i think the reason why they are selling immediately is because they want a quick profit of course most of them regret it selling early because some coins price really going higher than the price when it was first listed in an exchange. But some also buy back the same coin once they know it has a potential and price are lower than ICO.
sr. member
Activity: 859
Merit: 251
It's kinda like miners. In mining, your rig earns coin rewards for the proof of work, so after computing the costs of the mining rig and electricity, they now know the profit margin and price they can sell at. Usually when a coin is listed, it is above mining costs, so they sell right away because they can always mine again for the same coin or another coin.

It's the same with bounties, the work they do is actually manual labor, they can sell at any price if they want to and they can always find another bounty to work with.
full member
Activity: 532
Merit: 103
Many bounty hunters sell their tokens immediately after they receive it, because they do not have experience in crypto analysis. Many simply do not know what to do next and do not have a clear trading strategy. I do not support this approach, and I think that you need to hold your tokens for a long time. This way you will get the maximum profit.
You are completely wrong mate. I think you go invest your time on which is good ICO projects before you participate in any bounty campaign but that does not work at all.
While you can go to check the exchange once listed and see whether it is having same price next when it listed. That is actual problem of the bounty hunters. They do not want to loose the money and profit.
sr. member
Activity: 602
Merit: 295
Hail Eris!
theyre dumping it immediately for profit, they do not think of the great project of the coin. id rather hodl mine cause i receive it free from rewards.

I have never really understood this mentality.  Why does it matter where the tokens came from, be it from a reward or were purchased, when once they are yours they are yours?  If someone gave you a million dollars would you be ok gambling it at the roullete table because it was 'free'?
full member
Activity: 700
Merit: 100
Some bounty hunters only want the immediate profit off their work.

Give them a break. Some of them waiting 3-6 months for some pennies. So why not sell it now when the coin will recover later? Lol

Unless the coin is a scam, you don't get any value holding them.

If I see the project is good, and I don't need any money at the moment they were put into exchange, i will hold onto them.

If I see the latter, I will sell it at a good price.

If I am in doubt, sell half, hold half.
member
Activity: 644
Merit: 10
Majority of bounty hunters quickly sell their rewards in exchanges. Because they don't see the value of the tokens in a long term. Or because they need cash because financially they are not stable. In my case i sell only the tokens which i know i will not regret selling them. And keep holding my valuable tokens for long term and used it as passive income.
full member
Activity: 490
Merit: 100
one of the reason why they do that because they are need money because most of bounty hunter join bounty to make income, may be they are need money to fullfil daily basic needs and many more. I also do that when I really need money, indeed I have chance to make profit if I hold the token but I have no choice except sell my token when I need money.
full member
Activity: 294
Merit: 106
Many bounty hunters sell their tokens immediately after they receive it, because they do not have experience in crypto analysis. Many simply do not know what to do next and do not have a clear trading strategy. I do not support this approach, and I think that you need to hold your tokens for a long time. This way you will get the maximum profit.
hero member
Activity: 1820
Merit: 515
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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.
The main reason is the most of the bounty hunter want to cashout the money because they were doing this as their only job and the other reason maybe most of the tokens will lose their price value once it reached the exchange so be smart and sell them when you still can get good price.
newbie
Activity: 81
Merit: 0
Because they need fiat, this is one of the ways of earning, investors hold their tokens, there is nothing strange  Smiley
jr. member
Activity: 168
Merit: 1
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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.



We have nothing to do with their tokens or coins because they all have the right whether to sell it or not. Maybe they sell it away in order to provide their daily needs, we really don't know. In my experience, I sell it once I received my reward instead I hold it until it reached my desired profit or its highest value in the market.
hero member
Activity: 658
Merit: 503
Not everyone does that. Some people actually hold the tokens but I guess most of them sell because they sometimes are afraid that its value would drop. Some may also sell so that they can invest in better coins.
full member
Activity: 392
Merit: 100
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 that many bounty hunters are newcomers and they do not understand that a coin can fall or grow. Some people just need money and they immediately sell their coins. There are such people who think that the price for the coin will not grow any more and therefore sell them at once.
newbie
Activity: 149
Merit: 0
That often happens when the bounty hunter accepts payments is that they directly sell these coins when prices are very high. They have no good experience when they hold the coins. Because the coins will experience a decline in price and they don't want to take any risks with saving the coins for too long. And this is also a great way to take advantage of the results.
jr. member
Activity: 35
Merit: 0
I think because of the fear that another participant will going to sell so getting advantage sell at high and buy at low will give them more profit so they sell also many people live on bounty and trading so this money is important for there daily needs hence they sell the reward
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