Bitcoin Forum

I already opened a similar thread in the Altcoin discussion section, but the debate went into the wrong direction so i'm opening again.

What do you expect when you are holding a certain altcoin? (with this I mean different token holder events, not staking)

what is your general opinion on a project offering rewards for simply holding their token with a goal of increasing token holders?

Of course rewards are paid regularly.

Thank you for your opinions

When I hodl a certain token, that means I believe in it. I am hodling it because I know that over time it accumulates value. While the development of the team is busy building their product to perfection, talking to potential partners and investors, accomplishing their road map, and so on, I will keep my tokens with me. Being rewarded with tokens because of this will be bonus. And it sure attracts more hodlers.

As far as I have seen there are multiple processes of holding tokens wherein you will be rewarded for holding the tokens but you need to understand the risk involved in this, kindly refer to the below-mentioned example for further clarification

Example:

Token price during purchase: $1
Total number token purchased: 1000
Holding for : 3 months
Rewards: 10% of token holding (100 tokens)
Amount spent on purchasing: $1000


What if the value gets dumped by half the amount which usually happens post-launch? If it happens you will receive the following and you can decide if it's a better deal of loss?

Suppose value dumped by 50%

Tokens held: 1000
Rewards: 100 (10%)
Token price: $0.50
Amount received after holding $1000 worth tokens: 500 +100 = $600

This shows a loss of 40% and trust me I have seen tokens losing it's value from top to almost nothing. Kindly do a thorough research and calculate the risk before indulging into these things.

You are looking for regular income from simply holding coins or tokens so my suggestion to you investing best Masternode coins that will give you best returns for your investment. You can check the list I mentioned below.

https://coinsutra.com/best-masternode-coins/

Of course, what is expected when holding a token is about the provisions on which tokens can be sold and when. Second, when holding a token even though it is already available in the market, it certainly will not sell before the expected price is reached.


In my opinion, a project that offers rewards for those who can hold tokens within the time limit set by the organizer is, that project must also have a stage where they wait for investors, markets, potential prices before their tokens are ready to launch, and usually if not yet reached, surely they will gain time, one of the tricks is by giving rewards to their token holders, and they make additional programs.

I've had a bad experience earning money on masternodes. Together with the deplorable situation in the market, many projects have fallen and closed.

Now the market behaves much better, perhaps it is worth studying projects.

Can you tell us about the sites?

It depends on the project! If the project is good enough then there is nothing to fear to hold the coin for extra rewards. Last year Temtum had the same offer, people locked up their token for 6 months to 1 year to get an extra 50% and 100% of the total coin they earned in the bounty! Now, look at the temtum, one of the top coins at this moment, whoever locked up their token, they are in huge profit. But if you have confusion about the project then don't go for lock-up to get extra rewards, for example, whoever locks up their Moozicore or DEXA coin to gain more rewards, their money is being vanished because of the huge dump on the shit projects.

Holding tokens in the year 2016 or 17 means it will be helpful for you and the prophet might be come to your pocket with the expectation what do you have on that coin.
Accounting sir one among the thing which provides tokens do many people in this bitcointalk forum but largely it is scam only and we people find the not liking such scammy shits.

Do you know any agencies that advertise such events? or someone that gathers all events on one place?

Before you make thread you have to activated the self-moderated fitur so as you can delete the post that you think is out of topic. Regarding your question, I will answer that is depend on the coin itself. I choose an altcoin that I invested I will find more make a research about the coin itself so I will choose what strategy that suitable for the coin. Like how the price movement of the coin, I can see the history price of the coin such as its all time high and its all time low so I can accumulated the profit that I will get from it. I can't choose an altcoin that suggested by many people because it will be deceive me at the end.

Well, if it is a proof of stake coin type of thing, then I would expect it to be at a certain decent level, whenever these PoS coins offer me 500% I start to laugh, that is not sustainable and you are hurting your coin more than you are helping it. Look at Dash, it is a masternode they literally give like 5%-7% and that makes sense, it is still a good amount of money to live and you also do not ruin the market because of it neither.

However, it is more like token keep giving you rewards for doing stuff, that doesn't really make sense, when bounty happens it happens, when bounty ends it should end after a while, you can't have bounties all throughout the life of a token, that is both dangerous because creates an illusion of interest that might literally end if you end bounty, but also and very importantly you may give out too much one day and people may start selling like crazy.

Holding is good just make sure your tokens you are holding are good coins. Token holders rewards is a good chance to earn a little. Either you add them to your holders o sell them.

Once token holding rewards were great, but nowadays I don't think this is worthy! Because you know most of the new projects are vanishing after a couple of months or year, price dump is very common in new coins, even the team keeps selling coins after a certain time. So, I think you should not go for hold for 6 months or years for some extra tokens, rather you may take the Binance lending service! Good Luck.

I’m still holding some tokens but I don’t get any rewards from holding it since the bounty was already done and the token was already live. Its hard to find the project that pays you from holding their token aside from staking and also no guaranteed profit on this one. The risk of holding token is there, look for a good token that will pay you good even if its not weekly rewards.

What's the coin? I have seen similar idea but that's likely to be a scam. They want their investors to hold the coin so that the value will retain and the developers and huge investors can have an exit if the other holders are already confident to hold and receive daily rewards. And if that comes, that coin soon will collapse and will start to lose its value.

Look on Meetups (https://bitcointalk.org/index.php?board=86.0). Not sure if most of them are organizers or directly related to the company.

that's good but it all depends on our own choice whether you want to arrest for reward or hold back only to benefit from rising prices

That depends purely on the coin that if i think it's worth it for the long run. But most likely the value drops a little right after reward if the holders get reward at the same time. And rises back up because people want to hold more just before the reward

Of course, I expect something big to happen or at least believed on the people behind the project. The minute I feel something is wrong then I will definitely get out and take some profits.


Again, it still boils down as to the project itself, what are the roadmaps, who are the people behind, do they have something to offer in crypto sphere.

I hold a few of the TRON gambling tokens. Mostly 888 token. It seems to hold it's value pretty well and pays pretty good dividends. I've not had any problems with it and have been holding some for the last 6 months or so. But, there is always the thought in the back of my mind that they could shut down tomorrow and the token could be worthless. This keeps me from investing heavily in to it.

The issue about some tokens is that many of them are not serious projects and holders can loose because in some cases managers or devs are not professionals and they even try to do swap and don't care at all about protecting their holders, they don't give enough notification in advance, and the results holders ended up losing their forgotten unvaluable tokens!

It is  a must to any investors to make sure following the progress of their chosen assets. Every updates needs to be check because there are
things like what you have said that will hurt your investment once you missed important information like this.
You need to continue researching and allocate time for your investment not to allow mistakes and failed opportunities.

I also mostly now hold tokens, i believe in that project, the main problem is what that we had a lot of scams and also price drop and a lot of bans and exit scams on crypto that make good projects to not grow on this conditions, but i strongly think that we will see a good grow for this project once time pass.

If you hold a project with an actual product, and something you see a great future in then rewards is definitely worth it.
Stay away from new projects, as the price will dump hard once whales has increased their holdings enough to feel comfortable with dumping it all.

Blocknet yields about 14-16% annually, pretty stable price, although recently increased nearly 100%, but that's because it's a project with an actual product, their DEX.
On top of that they develop decentralized oracles, which is promising as well :)

This is why people tell you to avoid investing in new projects. There is money to be made, but it's a risk versus reward situation. You can invest in the unknown project and possibly make a ton of money or you can end up going completely broke. I tend to just stick to more established coins. There's still plenty of money to be made from them. Especially in this current market situation.

just free rewards?no investment at all?i was thinking how can they even grow if all needed is to Hold the tokens?let us be realistic here mate because it seems that logically this is not profitable.

if i am not mistaken this looks like the team wanted to look like their tokens are spreading to attract investors believe that people are accumulating their tokens but the truth is they are giving this free?

look at the other side mate and also,mind telling us what token is this?or just the "Max Volume" of this one so we can analyze the truth behind this one.

It's because they want to make volume, if tokens are holding by many different wallets the volume of the trading in the market must be increase because many people are scalping and that will made some significant increase in marketcap ranking

Before I do the holding of that coin, I always check first its background and how many people support this kind of coin. This thing would matter for you to be able to know if there is a chance that this coin would pump or will dump its price soon. Some of the coins dumps its price so fast that is why you need to sell it before this thing might happen.

i'm sorry but i dont understand how will a project earn if they only wanted people to hold their tokens?what will be the goal of investors?to hold as well?is this a sort of exit scam?

am i missing something?or maybe some explanation needs from the experts?

I dont think holding a coin/token for reward is worth because the price might be unstable and the reward can not help holder get back their investment. I suggest only hold for long term or staking for profit, and should not care about the reward.

Hard to verify all these numbers though, coin holders for these small projects tend to be few. And even if in the hundreds, the majority of the supply will be in the hands of a few miners and founders (or stakers if it's POS).

I mean, even if the Telegram group's got 10k or 50k, it's 99% bounty hunters anyway or people hoping to get some tiny amounts of rain for chatting.

Actually the devs goal for that is to increase the demand and minimize the dump and I saw some several projects offering that but not seeing them last for long years or even months since most of who offered that are scams  and feel bad for investors who believe since they aim to accumulate more volume without doing nothing and earn in the long run.

There was this EOSbet token in which gambling platform that offers dividend for their token holders ,i mean some part of the winning amount daily will divided to all token holders things that cooler because i dont want to gamble ny tokens so i am earning daily from this.

But your token is different because does it comes from airdrop?

I have no idea how the company will gain their funds to give you rewards but it looks like something not right on that part.

I am a holder of Pundix token and have receive the reward until the program lasted, however, I regret holding it because it turns out it was a bad decision since the coin dump significantly and what I get in the end is just the increase of tokens due to reward but the value is very low, therefore, we should also consider the situation, this is only good for people who can hold for long term and won't panic when the price are dumping.

The entire staking and inflation of crypto is entirely too dependent on the invested community. People slammed XLM for inflation but love TRX staking. I ultimately want to see a product be continuously developed and improved with real world use case in order to invest. I truly believe DeFi products, though offering interest on holdings which may seem conventional, they actually promote hodling and also maintain current price action through this which may or may not facilitate additional time/funds for dev team to continue working. Just my two bits.

I can feel you mate, it's called an airdrop but what you receive is based on the balance you own,
https://ethereumworldnews.com/pundi-x-npxs-has-a-3-month-airdrop-that-starts-april-1st/

it was suppose to end in 2021 but they shortened it, maybe because it's not doing well as expected.
Bad example of an airdrop program.

Staking is the right way to make profit from altcoin. We will store some token and we will get reward ans we can sell them to money as a profit. Because our capital with still like that, but I don't know how many people who aware about staking coin. They will assume that staking coin need to buy a high price computer even thought is not like that. The people just need a computer who can connect to the internet and let the computer turn on for 24 hours in a week.

Is the project doing this to funds some useful  developments? Is it providing important services?
I think you need be sure something useful/viable/sustainable is happening on the project platforms before investing. The rewards need to be sustainable long-term otherwise I may not invest.

That's a sad situation to see since I'm also a bag holder for more than 12 tokens which I think will pump continuously when halving makes the price of the alt's raging but th sad scenario came where I almost got depress when all of my alt's got drop for almost 50 - 75% and dump it when I see that there's no chances for them to regain back. And I look on the Kick tokens but I'm kinda doubtful now if they could last for more lomger.

its a good strategy but the problem is when you tried to hold for a very long time even they paying the rewards regularly if the price is not reasonable no point on holding

in recent years payments for bounty hunters or certain token holders have been difficult to see at a good price. I get a reward from withholding tokens from the bounty project that I participated in and indeed they are still paying for a long time even now. but the price is not very good in the market and it becomes a useless token.

Maybe the meaning is to invest in a new project, right? Because by investing in a new project that means you become a token holder and what I experience several times is just a loss, maybe I chose the wrong project because the return I received was not worth the money I invested. In this case of course I want a return that is better or greater than the amount invested and I think it should indeed be profitable.

it could be for old or new project as long as it pass to the what OP define.

These are projects offering you reward when you hold their tokens, probably rewards like a certain amount you will receive in a regular basis based on your holding.

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You'll become a token holder but most of the time we just hold in the hope that the value will increase so we can sell at the right time, however, these does not include the increase of our holding, it's only the value.

I've been a holder of a token before and I can tell that most of the token I've been holding weren't successful and only few of them are successful. I can conclude that it is not worthy anymore to hold any token because it is a bit waste of time on my part where most of your efforts are almost gone to nothing.

Many people just enjoy to get as many tokens as they can and save them on places like mew or something and just follow its price, when one day you check how much you have gone up, you realize one of the coins that you didn't cared just went up a lot and you now worth a ton.

It is really not something we should all be hoping for since its really rare for something like that to happen and we can't predict it, so you can't really prepare your life accordingly to something that may or may not happen. In the end we all live in a world where even a single dollar is a single dollar, we all want money and we don't care how much it is, there are still people who go around faucets trying to make few bucks per month side income with it, so I suppose token rewards are quite important as well.

I have been a victim of this with a lot of projects and trust me it ended up being bad, one thing I have noticed over time is that a project without a good usecase and plan will always fail no matter how much incentives being given to its holders, come to think of it, these holders incentives makes the volume and free tokens in circulation much more and it's an enough reason for the token o be sold cheaply, hence affecting the price.