Bitcoin Forum

Do you guys really fall for the so call bonus
For me i think is a way of tying holders down for not to sell their coin and probably want to buy more so as to receive more bonus why they start selling out to people.

I have once feel in a trap of one Japanese project call POSICOIN, which make me to hold their coin worth $800 in the name of so call Holders intensive and later turns out to be scam project they're no where to be found by now..

Or what do you guys think?

For me i really think it's a way of compensating holders, although that moves the volume way up sometimes.
I believe is just a strategy way of make the project looks more alive and attention of people

Your experience with holder's bonus that make you feel like that. If you want to opt for holder's bonus, it should be a reliable and legit project which you have confirmed and certified by yourself after series of research, holder bonus is advisable if it's a genuinely developed project

It is quite interesting and certainly useful for us to make a shared experience about Bonus holders, where we must be more careful and not easily tempted by such fraud. I really have never heard of POSICOIN that you mean, but I hope that there will be no more events like this for the future. Thank you for the experience you have shared here.

Yeah, i think hold is the best choose for now.
We can look market now so bad for do a trading.

hey, that was not really sweet of them to treat you that way. in general however, i think it depends on a project. not everything here is a scam. just stay focused and you shall find

Definitely you need to be a holder only in a proven project, where the team often releases news, maintains contact with its investors and the community as a whole, publishes photos and videos from conferences.

Holders bonus is the biggest trap available in the Crypto currency world
If it is a great project you get your rewards every 30 days and enjoy the bonus

Rather wrong, so many projects has crashed drastically after the holders bonus
Why ??

Because the tokens has a sudden pump before the day of snapshot
And a rapid dump at about 36 hours to the bonus distribution

their name is red flaggish to begin with, i mean posicoin, i can come up with better name than that, also receiving bonus for holding your tokens is also red flag unless its a masternode coin or parking feature like minexcoin, you should stay right away if you find these things.

for the holders of course they will wait for the bullrun market to get high profits in selling tokens. but not all can get the sales bonus as expected, because fulkative market factors make the holder have to be able to make a wise decision to sell the coins we hold. It is very important for us to be careful in participating in ICO projects that are vulnerable to fraud as we often experience in campaign projects

It's really hard to know cause there are so many projects run the same bonus for holders everymonth that mean if there is any investors keep holding their token without trading on exchange they'll get bonus token everymonth but not all these projects are scam. I think the important problem is the quality of project behind these bonus for holders. LOL.

Well it really depends on the coin or token that you would hold,
I have some POS token and I could say that I earned some good profit from holding them and receiving some bonus because of it.

Yes, I think so just found them on the bounty tread and decided to participate and I was rewarded with a tangible amount of their coin and even got listed on Crex24 before they're no where to be found.

Most developer do say that so you can add values to their shit coins, I think you don't have to always follow what the developer says, you just have to follow you instinct and know when to sell and when to hold

I have always been against such situations, there should not be forced barring from selling even if they offer incentive also other similar things like locking of token transfers and intentional no exchange listing are also unwanted things after an ico.

This is the biggest trick in the crypto currency world if used by the wrong projects
But why reward hodlers ?, when you end up selling off a quarter of the tokens yourself ??

Biggest projects in view of bitcoin Etherum and co do not reward holders bonus
Why should one random altcoin token try to be too smart ??

I invested in multiple project that rewards holders.
In these bear markets it's the best way to keep your investors happy!

Example:
- I invested in PundiX and did a bounty for them, they paid each holder +7% each month for holding and this project is doing really good
- SophiaTX they just launched their mainnet and doing great developments and they reward holders

These bonusses gives me a good feeling in these bear markets :)


Indeed a great trick if used by the wrong projects. So you really have to do good research and dont fall for smooth talking.
Not all holders sell the tokens when it's up in value but hold it for long term!

does the Telagram official also not exist, or check the website, if all that doesn't exist, maybe the coin is dead. your mistake is not directly selling it at that time

Sure. Big project won't do such definitely only shit coin use that trick.
Some listed coin also do some tricks like paying some people to keep posting about their coin just to attract traders as well, just like someone said reaching is needed in every way.

Don't buy anymore with those so called bonuses.

I've heard of this same tactics from the coin developers so their investors won't just dump their coins. As those holders are hoping for that bonus, the developers of it would start to dump because that's their intention. They create the news so investors would come but later on they will get out and have an exit.

Strategy hold is not suitable for all coins, unfortunately. However, if you are in doubt, it is better to sell your coin to fix the profit. Then you can always buy it again when the price decreases.

Bitcoin or other coin holders was having now a bunos, bunos of being a petient the coming year bull run hope that gonna happen. Right now the best thing we gonna do was hold because it was continously falling and bull run its not gonna happen this year not like what happen last December so we need to be patient and hold more bitcoin for the near future rising.

Many projects offer very large bonuses and make them think that they are interested in entering them, but our worst habit is without thinking and only interested in bonuses without seeing how the project is so that if a project becomes scam, it is our own fault because the risk we receive at Crypto is that kind of thing, and from now on don't just be interested in bonuses but learn more about the project if the analysis we do is right then we will not hesitate in investing in the project.

There will always be risk in investing with cryptocurrency and one way to encourage more investors is the promo that the project offer. That is why it is safe if we just invest our extra fund. As what they always say with investors like us 'invest what you can afford to lose' because there is no guarantee at all on what we can get with our investment with cryptos.

This is what I experienced, hoping to get more profit but the end is sad since then I was skeptical of the project that offered the scheme. and now I prefer to buy coins at the dex market like idex or forkdelta hoping there is a bounty hunter who sells cheap. several times I actually got big profits from there maybe you can try it.

This is a very unpleasant situation. After this, you should pay more attention to the projects. Always rely on yourself. If you feel that something is wrong you better sell your coins, you always can buy them again.

Exactly mine point here, i think most people have experience same situation hoping for a better growth of the project while the developer are busy repping up the holder just for their stupid self interest. We'll just need to be more careful nowadays and care less about their fake news

There are enough projects that give bonuses to those who have been keeping coins for a long time without letting them circulate. Of course, among them are fraudsters. But there are scammers among other projects. I am calm about this.
The more money on the crypto market, the more there will be scammers.

Yes, there are projects that reward holders of their cryptocurrency. But often bonuses are used as a manipulation to promote the project and attract attention.

Sometime hold is not a good choice if you guys don't know how good project after token/coin that you're holding is. Of course sell immediately right after receiving from ICO project is not a good idea but sometime we have to do that and maybe at this time it's much better than hold because selling right after listing on exchange always the best time and it's the time new token/coin has highest price. After selling we still have chance to buy them back with much lower price if we want. LOL. Beside I don't wanna join any airdrop for holder which run by any ICO project, it's just a kind of stop falling in price, they run these kind of airdrop just to stop everyone dump their token price too quickly :))

Definitely we cannot tell and predict the mind set of the creator or the developer of any project and their motives can be just for personal gains. We must always be smart and wiser when it comes to investing because anyone can take advantage and scam their investors without fear of getting caught and punish because we know very well the risk involve with cryptocurrency. Always DYOR and you can also ask others and observe the team and the project before putting your money into it.

It's part of marketing they sell their tokens faster and cheaper with a freebies I hope everyone here knows how to understand the concept of ICO and most of this project cares about your money and not the project itself.

the best coin to hold for now is a pos(proof of stake) and masternode coin
if you hold in your wallet and run a masternode or just stake your coin,, you will get rewards for that,,
but hold a good one,, for example pivx  ;)

I think that each developer can use the strategy that fits to him, in reality, all seek that consumers retain the currency, at least until the appropriate platform comes out for use, so I do not think is so bad idea, in addition to encouraging hodling and if the currency is really good, there are not a lot of reasons to sell it cheap, better wait and take advantage.

That’s positive and swift
It increases the number of tokens you have and also improves your wallet
The more you hodl, the more you earn
 Very smart move to prevent massive dumps on market trading

I think that you should not waste time on such projects because they often do not pay money

I think when the project has failed you must be able to accept the condition sincerely because to make predictions about the success of an ico that is difficult to be a major factor for traders to continue to be careful in holding a token in the future.

There are some coins that give you rewards for holding like NEO and SmartCash. I also have other coins that give holding bonuses for holding a year... they're not worth much anyway, so might as well.

if you have asset and already lose, better sell now, because we dont know what is happen next.
maybe will be worst or better we dont know.
but if you have some cash now, its a good time to buy.

Holders bonus is a very good method of avoiding tokens holder to dump in the market, holders bonus is good because you wouldn't need to use your fund to buy more coins and it's always win win situation when the developers are transparent and not doing it for a selfish interest because some devs do holders bonus for them to mute bounty hunters and investors from selling while they are dumping theirs for a good price at the detriment of the project community

Holding bonus is very passive in the current market environment. Because you don't know if the market will fall. If it goes down, there will be more losses. If it goes up, profits will be more. So it is entirely necessary for us to make our own judgement.

It's very unfortunate things turn out to be so after the long time hold,that why we need to carry out a real due diligent research on any project before participating in it.

i think holding good coins is not leads to lost but holding wrong coins is definitely going to loss. holding is  best strategy for me.

i never experience this type of agreement, but talking about bonuses, i would say OPEN platforms has one kind of this, where holders are able to get some percentage due to token swap, and i would say, its not worth to hold, because the price is always dropping. But it depends on how to judge the project.

It is so risky to hold altcoins most specifically if they are from ICO's these days, you must secure your confidence and the project legitimacy before holding or else you would likely be going to waste your money and time from holding those worthless coins, common practice from ICO to promote bonuses there's no bad about that but you should review the ICO itself, projects tend to eat time for developments and stuff so we can't waste another one.

I think the only bonus you can get through holding is the profit which is directly influenced by the increase of the market value of a currency where you've invested to. Holders bonus doesn't really make sense and I think it is just focused to deceive investors to spend their money on a currency though, holding is really good, investors should not be attracted to such "bonus".

A mechanism giving rewards for holders being applied widely at the moment is staking-and-receiving-reward. You stake tokens into the system to vote out to Block Producers, then receive rewards or dividends from the system.

Holders bounous is not something new , we have Pos coins which give you some bonus for holding their coins or tokens like NEO , Also some Exchanges like kucoin have holding bonus , If you hold KCS share it will give you some profit every day , You just need to find the wright coin or token if you want to hold .

This has been one of the strategy of different projects to maintain or increase the price of their coins or tokens. It is a good one I think it's just that there are others who abuse this method (a good example is the OP's case). Perhaps, just be careful which project you commit to.

There are a lot of scammers, you need to think 100 times before you enter into any project.

by giving bonus or dividen to token holders is one of the strategy to maintain the value of tokens in the market and this method has been adopted by many platforms but does not seem to have a good enough effect considering they only provide dividends less than 10% but the price of tokens on the market can drop by 15% in a day

I  think this depends on the project developer.  A bonus on holding coins is actually one of the marketing strategies where the objective is for people to hold the token and avoid being dumped.  If legit, this is actually a win-win situation where all the token holder will benefit.  Alas, some scam company saw this kind of strategy to be beneficial to them so they often using it.  I myself would like to invest in this kind of system but it is kinda hard to find a legit project that has this kind of scheme since this is harder to maintain.

Hodl is the strongest feature the principle of investors,taking part is very difficult if the value continues to fall there is a separate doubt for the holder.You describe the hodl experience in a project that was developed in the name of the country but the reality is false,often hear even I also experienced the same tragic thing.At the Core of all these conversations I suggest that you don't immediately trust a project without any clarity about the project.

I think that all these bonuses 35-50-75% is a sign of scam. htey just want to attract more people but do not think of the token price when it reaches exchanges.

You can only HODL if you are on the red line (losing) but once you are on the profit you sell off and make your money. This is a speculative market and only the market sentiments control the market. In cryptocurrency a huge amount of money in your wallet can turn to zero within the shortest period of time without any notice. So do not allow anyone to deceive you by asking you to hold on an expectation of price growth which is tentative.

Yes there is a project that tends to make a gorgeous offer to disrupt holders mind in some way it goes to scam, we need to vigilant with this kind strategy, go for some research and take a look for the legitimacy of the project.

I think it depends on us how to look for bonuses. The bonus habits are only obtained from ICO investments and AirDrop. If we hold coins for a long time in the hope of getting a bonus. I no think is possible. This is just scams.

Its a good strategy of some ICO owners like PUNDIX, KICKICO and the newest I know is the OIO token from Online.io project to be able to hold tokens in their respective wallet and also to avoid dumping tokens into very cheap prices ones this projects finally launch their final product it will actually give you some nice profit.   

A promise of bonuses that isn't coming from holding a masternode is one to be very weary of to be honest. Never heard of that coin called POSICOIN and I'm not sure they made it to CMC. For a project that isn't popular, it's a tad risky hodling such tokens especially as you risk losing your investment from an exit scam

I agree, that serious projects will not offer any bonuses for holders. Their tokens and so will buy as an investment.  But suspicious projects often offer bonuses to keep their shitcoins from dumping.  I also ran into the Posicoin project, but I participated in the bounty and now these coins are in my wallet and cannot be sold.

This is a good strategy to keep the price of the token. If the project develops, then in the future such a strategy may bring you a good income. But only if it is not a scam.

Some token with bonus policy has been known to be profitable in time past, in order to play safe as an investor, even when you HOLD ensure you take out your  capital and a bit of profit, others part of the investment can be held for future purpose.

Fraudsters enough for the crypto market and among other projects. Projects that give bonuses from long-term storage of coins are different. And they can not be considered cheaters.

It's a good tactic to avoid the low value . Some projects prefer this and i find it very clever. As the Holder increases, the value rises. Of course, what is most important is what the project will offer us.

You can make some profit or bonus if you holding some coins actually, but you must take a look how much you will get.
If they offer you very big profit, you must doubt them. There are many companies offer investors huge bonus, then later they turned to a scam project.

No one knows tomorrow and if you already had that figure out, then you will not be panicking and selling at a huge loss because you will eventually regret it when the market recovers, and of course, this kind of mentality is what the whales are basically trying to take advantage of and what will ruin you eventually and make regrettable decisions. You already said it in your last statement, so why spoil it with the first statement? The only reason you should be selling any asset now is when you know it does not have any possible potential at all.

Agree, it is not a bad idea, and that is more like what the proof of stake stands for and in most cases, can really help the market to grow hugely in the long run. It serves as something passive for a lot of people as well though and for the fact that this is something that can benefit anyone who does not know how to trade and take advantage of the market fluctuation. What is important though is that with or without bonus, as long as you know what you are holding have long term potential, then, you should be sticking with it.

The idea then was to ensure long term interest n the project and be able to build community around it but it seems scammers are exploiting this now. With the state of things in the space it is a very difficult thing to do because you can't say this is what the market will be when all the tokens are released, even some developers start dumping on the market before the investors have their tokens

Before you start making a bounty, you must investigate the project until you have no problem. In doing so, at least avoid too many scams.

Holders bonus is good but not for every project. Always try to avoid long-term hodl bonus. I am holding Pundix and Heal tokens. They both are a very good project and every month I really got some extra money from holdings! hodl bonus did not click you, that's why you may research more before holding!

for current situation holding is the best strategy and we can buy the coins now and holding for some days

There are many such projects, remember the same Accelerator Network (ACC). The project gives tokens for the ACC in your wallet. But those who won the mind greed sold coins in January-March this year. People whose mind prevails over the" toad", sold coins in January - March this year. ;D

I hate to say holder is the winner, many altcoin have I hold but price is not growing up and more than drop before I hold, I will sell all of my asset if getting from ico investment or getting from bounty campaign reward.

Your experience is pathetic, but I think every business has a marketing strategy and holders bonus is just one of them. If the project  in question is a genuine project, then holders bonus isn't a bad idea.

Well, i have experience the same thing with you my friend on bounty signature which recently ended on June with a bonuses tricks or dividends shared by december by all members who have not sell there tokens. Though it was a nice strategy which all tokens are not easily be dump by dumpers because of dividends.

In most cases, projects that ask to keep their coins are scam. Real projects, with a good idea and a team do not care about the price. They know that if they implement their plan, the price itself will go up. Everyone will want to buy their product.

I Think the same as you say, man
the project, they will not take debate about that price in the market.

but we see, investors or small players now think of the take bonus of holder token/coins and ask whether there are advantages as holding the token? 

there’re only a few project developers who give a dividend to the community

That's right, a lot of coins after they turn on the stock exchange, they fall in price and, as a rule, rare projects launch their projects and their tokens grow!

Well, what about tokens of different exchanges like Kukoin or IDEKS? This is not fraudulent projects)) The difference between a scam and a project paying dividends is obvious.

This has the same with IAGON right now, they are giving bonus to their future token holders and make me think a trap on this current market situation and trader's market greediness. I am IAGON investor joined to their telegram and campaigning to hold the token for a quite long time although i don't have the interest to sell it when introduce to the market but i guess its their giveaway bonus to their token holders.

Well i don't, subscribe to over-hyped bonuses for ico sales, it has always been a trap only that it will continue to work, especially the monthly bonus thingy... I know many of my friends who still hold tokens like that and that doesn't mean i would not hold such if i have. But ultimately one cannot use that as a basis for calling any coin scam... There are many of them with genuine reasons and strategy

If you are speaking about the benefits of holding any coin, you can look into coins that are distributing rewards each quarter. It is going to be really profitable and one of the greatest coins in this sphere is Tombola.

You should be careful with projects that offer too high a bonus. It will be one of the worst projects or scams. Because if they sell with too much bonus, their token value will decrease. Investors only need to sell at a low price. So you should stay away from such ICO projects.

Be careful of the campaigns that are trying to tell you that when you buy more, you can expect more bonus. It maybe some trap to set that once you buy it and expect a good return, it maybe quite the opposite. Better be full with your decision and always make a contingency plan to avoid a certain incident.