You've earned tons of tokens, NOW WHAT? - page 35.

Ranly123

full member

Activity: 952

Merit: 104

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Quote from: celestinamoore on August 25, 2018, 12:03:22 PM

The truth is, we never can tell which project will eventually succeed or fail, we can only do research and hope it succeed like following up the project and see if any positive progress is happening. Many tokens dumped shortly after ICO and has been dead since while some are fairly stable. Personally, im a hodler because i believe cryptocurrency is a gamble which we sometime win some or lose some, so i HODL hoping in the long run some will succeed.

So, what do you do with your numerous tokens? Do you convert them to fiat or Hodl the ones you can?

I think you does not know what you are talking about. In the bounty campaign you have joined, you are free to see in their site if they succeed or not. And also tokens not listed in exchanges cannot be converted to Fiat.

max6575

full member

Activity: 1176

Merit: 100

Vave.com

to collects of return as the offers from company and developer as the parts on tasks with the jobs on bounty section and manage with the returns to gains of chance as extending decision to work on extensive as becoming part on field with the business on crypto finance.

Folajuwon56

copper member

Activity: 462

Merit: 1

I used to hold the tokens I got from the bounty campaigns but it got to stage when holding brought me so much loss. So I just sell at the available price as soon as I get the token and forget about it.

askmecrypto

full member

Activity: 406

Merit: 109

Quote from: celestinamoore on August 25, 2018, 12:03:22 PM

The crypto world is growing everyday even with the rise and fall of the crypto market, that hasn't stop the massive growth happening now. Altcoin particularly has evolved that even noobs find it promising to lay hands on some coin.

Yes with a good and lucky trading you can earn some good money from crypto. Also through investing in an ICO or doing some bounty hunting you could find yourself with tons of tokens.

So months after months, you've earned yourself with tons of tokens but currently doesn't have much value or you just don't know what to do with them. You keep getting that hunch that your tokens will blow one day and you will lambo.

The truth is, we never can tell which project will eventually succeed or fail, we can only do research and hope it succeed like following up the project and see if any positive progress is happening. Many tokens dumped shortly after ICO and has been dead since while some are fairly stable. Personally, im a hodler because i believe cryptocurrency is a gamble which we sometime win some or lose some, so i HODL hoping in the long run some will succeed.

So, what do you do with your numerous tokens? Do you convert them to fiat or Hodl the ones you can?

This is the biggest issue I see that the new investors/bounty hunters/traders face.
The issue here is people dont study the market sentiments and they dont care about doing fundamental analysis. Personally, even if I am doing a bounty, I only look towards the projects which are fundamentally strong, this gives you a better idea about the time there token will take to have a good price.
You study the chart patterns and lookout for the token metrics, if you dont feel right, load off by dumping these tokens and convert to ETH/BTC.
If you are not selling on time, you become a loose bag holders (XVG, SC) holders know this feeling.

You should trade according to market sentiments.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: celestinamoore on August 25, 2018, 12:03:22 PM

~ snip ~

So, what do you do with your numerous tokens? Do you convert them to fiat or Hodl the ones you can?

Again, it all comes down to fundamentals. If you see the tokens you got has a potential to jump to x100 and buy you a lambo then take the risk and hold them. But if you think that "Nah, this is just another shitcoins that worth nothing", then don't think twice, join those bounty hunters who immediately dump the coins and go on the next bounty trip. You don't want to be trap and the only way to get out is to suffer a lost.

Bumidinasty

member

Activity: 373

Merit: 13

There is no other way than to hold a token that has a good project, because believing in the project will not make us hesitate to hold it, the crypto market is down when this is a test for us to mature in this crypto world just enjoy and keep thinking positive and crypto believe will be better in the future

JaoBadjap

full member

Activity: 532

Merit: 132

Quote from: celestinamoore on August 25, 2018, 12:03:22 PM

So, what do you do with your numerous tokens? Do you convert them to fiat or Hodl the ones you can?

I would HODL it for a while. and see how the market is growing or dipping
what exchange does this numerous tokens has been listed.
and how much it has when it hits the exchange.
if its lower than the ICO price i would hodl and wait for it to get hyped.
it really depends on what to do, just learn to observe.

cabin

sr. member

Activity: 604

Merit: 250

At the moment, what I do with my token is to hold them for as long as the market recover and will sell when the price gets to my targeted value because holding is more profitable than selling when the market is in bear and the price of coins are low.

platinov_and

full member

Activity: 364

Merit: 110

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At the moment, the crypto market is very unstable and is now at the bottom. I have a few different tokens, but now their price is very small and so I Hodl.

Gromx

jr. member

Activity: 280

Merit: 1

I am also a coin holder ! Many coins that I did not sell immediately-now lost 80% in value. So I wait and hope for the growth of the market and my tokens!

AAlex48

member

Activity: 336

Merit: 12

Quote from: celestinamoore on August 25, 2018, 12:03:22 PM

The crypto world is growing everyday even with the rise and fall of the crypto market, that hasn't stop the massive growth happening now. Altcoin particularly has evolved that even noobs find it promising to lay hands on some coin.

Yes with a good and lucky trading you can earn some good money from crypto. Also through investing in an ICO or doing some bounty hunting you could find yourself with tons of tokens.

So months after months, you've earned yourself with tons of tokens but currently doesn't have much value or you just don't know what to do with them. You keep getting that hunch that your tokens will blow one day and you will lambo.

The truth is, we never can tell which project will eventually succeed or fail, we can only do research and hope it succeed like following up the project and see if any positive progress is happening. Many tokens dumped shortly after ICO and has been dead since while some are fairly stable. Personally, im a hodler because i believe cryptocurrency is a gamble which we sometime win some or lose some, so i HODL hoping in the long run some will succeed.

So, what do you do with your numerous tokens? Do you convert them to fiat or Hodl the ones you can?

Everything depends on the tokens of the companies themselves.If the project has a future, then save it, in another situation, sell at a higher price.

GmBoom

jr. member

Activity: 322

Merit: 2

If you earn a lot of tokens, the next step is to segregate the tokens. Put the important tokens to other wallet and plan to hold it for a duration of 3 years. And the other tokens, which is not that important, best to sell it on the exchange.

Leonard2016

hero member

Activity: 1036

Merit: 520

Yeah I got the exact issue!
Having lots of useless tokens in my wallet that I can't sell them anywhere to anyone, may be they become useful in future though! Who knows!
I rarely participate in bounties that haven't been added anywhere, unless they have a very good ico rank from ico specialists.

vennz17

sr. member

Activity: 714

Merit: 252

in my opinion, what you are doing is quite risky, I have joined the bounty campaign for a long time. I have lots of altcoins or tokens that I got from there. but in fact selling early when the first list in the market is more profitable than we choose to hold. because only a few projects can succeed in the long run. most dev only seek instant profit and use investors for the benefits they get.

You can also convert to better Altcoins and have a bright future like ETH, you can save for a long time

vladuch1

full member

Activity: 392

Merit: 100

Quote from: celestinamoore on August 25, 2018, 12:03:22 PM

The crypto world is growing everyday even with the rise and fall of the crypto market, that hasn't stop the massive growth happening now. Altcoin particularly has evolved that even noobs find it promising to lay hands on some coin.

Yes with a good and lucky trading you can earn some good money from crypto. Also through investing in an ICO or doing some bounty hunting you could find yourself with tons of tokens.

So months after months, you've earned yourself with tons of tokens but currently doesn't have much value or you just don't know what to do with them. You keep getting that hunch that your tokens will blow one day and you will lambo.

The truth is, we never can tell which project will eventually succeed or fail, we can only do research and hope it succeed like following up the project and see if any positive progress is happening. Many tokens dumped shortly after ICO and has been dead since while some are fairly stable. Personally, im a hodler because i believe cryptocurrency is a gamble which we sometime win some or lose some, so i HODL hoping in the long run some will succeed.

So, what do you do with your numerous tokens? Do you convert them to fiat or Hodl the ones you can?

It all depends on the price at which these tokens are traded. If the price is high, then I sell my coins. But if the price is very low then I keep until the price increases. Sometimes I can hold my tokens very and very long.

haidangtp

member

Activity: 336

Merit: 10

Currently I still hold the tokens I receive from the bounty campaign. I hope in the future the price will rise and I have a lot of money.

Inuldarahrendah

newbie

Activity: 202

Merit: 0

personally, I also hold the coins that I have. even I have several types of coins that I still hold. I think it will be beneficial if we can be patient to wait until the price rises again. we cannot predict when market prices will rise, but holding a coin is a good thing.

BlazingBlack_Dragon

jr. member

Activity: 102

Merit: 1

Quote from: celestinamoore on August 25, 2018, 12:03:22 PM

The crypto world is growing everyday even with the rise and fall of the crypto market, that hasn't stop the massive growth happening now. Altcoin particularly has evolved that even noobs find it promising to lay hands on some coin.

Yes with a good and lucky trading you can earn some good money from crypto. Also through investing in an ICO or doing some bounty hunting you could find yourself with tons of tokens.

So months after months, you've earned yourself with tons of tokens but currently doesn't have much value or you just don't know what to do with them. You keep getting that hunch that your tokens will blow one day and you will lambo.

The truth is, we never can tell which project will eventually succeed or fail, we can only do research and hope it succeed like following up the project and see if any positive progress is happening. Many tokens dumped shortly after ICO and has been dead since while some are fairly stable. Personally, im a hodler because i believe cryptocurrency is a gamble which we sometime win some or lose some, so i HODL hoping in the long run some will succeed.

So, what do you do with your numerous tokens? Do you convert them to fiat or Hodl the ones you can?

Sell some and enjoy what you've earned.
That should also give you strength to continue since you are able to enjoy the benefits of being in the crypto space.
Take a vacation using the earnings from crypto, I did that some time ago, and when I feel that I'm tired of crypto, I'll remember the vacation and it gives me strength to continue as I look forward to another crypto funded vacation. Grin

kirstiemorton23

jr. member

Activity: 280

Merit: 1

I also do the same with you, I hold all my tokes because I believe that someday my token will explode, even I keep observing and participating in Bounty's campaign, I'm not tired of doing this and I always think someday I will enjoy the many advantages..

DmitriySar

full member

Activity: 392

Merit: 100

I hold the coins, it is impossible to predict which ones will be successful. Maybe it's like a lottery and if luck is on my side I will be in a win.

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