Topic: You've earned tons of tokens, NOW WHAT? - page 38. (Read 88424 times)
I sold my part of the tokens at a disadvantageous price. Some hold - I'm waiting for a good time. And there are those who are worthless and do not bargain. With these in general it is not known what to do.
So, what do you do with your numerous tokens? Do you convert them to fiat or Hodl the ones you can?
Tokens doesnt have market value = You dont have any choice but to hold up and abandon it but if lucky those coins might raise from the dead and moon.
Token do have value= Profitability would depend on projects potential if it would be just good for short term or long term.
Well, yes, I also earned tokens. And now I was going to wait for them in hold. I think if you wait for a while, it may be that it was possible to earn something.
Sell them when the main tendency of market is bullish. That's all, if you speak about shitty ones.
I keep them as an investment until I know it is a good time to sell and sell some or all of them. Some projects I believe in and will hold for years. I always sell for eth or btc and keep the btc and eth on my ledger wallet and I keep it there. Converting to fiat is stupid and if you do that then please get out.
I on a purse have many tokens. A little more I sold. And what to do with the others I do not know. They or do not bargain anywhere, or at very small price, as it is not favorable to sell.
So, what do you do with your numerous tokens? Do you convert them to fiat or Hodl the ones you can?
Actually hodling is when you buy a coin when it still has low value then wait for it to go up before selling. Anyways sometimes waiting for a coin to go higher is not a good idea since most of the time you will end up losing more than you though you could lose, and the fact that there is no guarantee it is better to sell after getting the coin I encountered a super good coin and ends up dumping over 10x of its value and only gets a 10% of what I was supposed to have so selling it after having it seems to be fairly enough.
I will keep the tokens i earned in the award campaign until the price rises. I plan to keep some of them long term even if the price rises, i will follow the development of the project.
It really is quite complex thing when you want to make precise and correct timing moves in selling any of them. Analyzing and monotoring social behavors and announcements and also price chart will give you decent answers.
Holding Altcoins doesn't seem to be a really good idea to me. Maybe 1% out of 100% would ever make you a fair amount of money if you hold them, but that chance is too little to risk the few dollars you might have right now. It is not like an Altcoin/Token out of these would turn into another Bitcoin someday and would hit $20k in a year that would earn you a fortune. It just sounds like day dreaming to me.
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?
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?
Yours is quite explicit.
As for me, i sell my tokens immediately i receive it; then after a while buy again when the price of tokens have taken a dip as this enables me to buy more tokens then i can hold for long term.
90% of the peoples look for short-term profit only into a crypto field which I feel wrong sometimes. Investors invest in ICOs, project team distributes their token and then investors start to chase the project team about the exchange listing and you know what most of the investors have only one aim just to accumulate their invested ethereum or BTC to 1.5X or 2X. When token launches on the exchanges this kind of investors dumps the token & in this way, the project just gets fucked up. Obviously, bounty hunters get their rewards later and only 5% of the total supply and still they get the blames. We need to change the Mentality to look cryptocurrency for short-term only & look for Long-term. HODL the tokens which have an active team, active social media & they are working on the continuous development of the project & if you don't find all this thing then it is better to sale the token.
I will wait and hold all tokens that have been obtained from the bounty campaign so far. Hopefully, after the listed on the exchange market, the price can rise high then sell it. So first save the tokens that are obtained in the wallet and follow other bounty projects while waiting for tokens to be sold in the exchange.
At this present moment, I will hold and wait for the token to get listed in an exchange. But if the token was not listed on time in an exchange that should be a forced hold.
It depends on the way i got the tokens for example if i invest in a project i will hold them until i get profits and if i got them from bounties i sell them and get my money but if the price is very low i hold them too
As we know there are a lot of ICO token occur and they are promote themself, promote that their token are the best.
IMO, it's just a marketing strategy in order to obtain new investor.
So I suggest , when you guys want to join the bounty , just make sure that you have learn whenever the project is really a good project or not !
IMO, it's just a marketing strategy in order to obtain new investor.
So I suggest , when you guys want to join the bounty , just make sure that you have learn whenever the project is really a good project or not !
It depends on your current job. Many hunter does bounty as the main job, so they will sell intimately to get the fiat money, to sustain their life. If not, they can hold it and wait for a better price.
Most tokens will be worthless as most of these ICO projects have no real teams, shaky roadmaps, and 2 developers if they are good.
Sell what you can if it is worth anything, otherwise just hodl.
Sell what you can if it is worth anything, otherwise just hodl.
Not all tokens listing to the market but in my view i will eleminated the tokens which have low volume support because these kind of tokens usually difficult to rise and i will hold the tokens which have high volume support until reach the particular price and i will sold it immediatelly if already reach to my target profit
I've send all of my tokens to exchange if possible. Trading is a better way than holding in my opinion.
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