Bounty Rewards: Sell immediately or HODL?

[ginika]

for me bounty gifts are very valuable. I choose to stay put and do not sell coins or tokens, unless I really need funds to invest in a new coin or ico. for me this is the best strategy, which gives me many advantages. almost any gift hunter who gets a free token will sell imediatly and will make the price fall.

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[RajaCripto]

I think I will HODL it until get higher price. But sometimes I will sell immediately when I need money. Like i first time get my bounty reward and I immediately sell it to buy phone.

[cryptotenoy]

I've been doing bounty campaigns only since December 2017.  Not long, in the scheme of things.  But one thing that truly surprised me during the last couple of months is the number of bounty hunters who look to sell their tokens ASAP.  At first, I didn't understand why, but I think I'm beginning to.

For me, I'm doing these bounty campaigns for a bit of fun and to give my mind a bit work to do, creatively speaking.  So my mindset for any bounty tokens is just to HODL and allow the devs to implement their roadmap and take the project through to completion.  I think this will give the best realisation of value on the tokens.  Sure, some may fail and they will likely end up worthless, but since I only invested time, not money, into receiving them, I'm not really worried.

So with that mindset, I struggled to understand why so many people were eager to offload their bounties at the earliest opportunity.

But over the weekend, I sat down and did some calculations on the accumulated bounty rewards I'm expecting to receive.  Each bounty by itself was a modest return, but when combined in totality, it was a sizeable amount.  And that's when it struck me...

Lots of people who live in less fortunate parts of the world, particularly in areas with high unemployment, probably NEED to sell their bounty rewards to put food on the table and pay their bills.

But I really don't know if my assumptions are correct.  So, my question to you is...

Do you sell your Bounty Rewards straight away or HODL?  Any insight into your reasons would be appreciated.



## If this post has been thought provoking for you, I'd really appreciate a bit of Merit in return ##

I will hold a bit and sell 3/4  of it.I prefer to sell if i see that it has a  small potential in the market because i have already seen some altcoins that lose its value due to alot of holders dumping.Its risky to hold most especially of it started with a very little amount.

[amaterazu]

I would see the tokens or rewards for making a decision. Because not all the coins are good to hold. Sometimes its better to sell them right away because the price will be dropped.

[MzLitta]

I've been doing bounty campaigns only since December 2017.  Not long, in the scheme of things.  But one thing that truly surprised me during the last couple of months is the number of bounty hunters who look to sell their tokens ASAP.  At first, I didn't understand why, but I think I'm beginning to.

For me, I'm doing these bounty campaigns for a bit of fun and to give my mind a bit work to do, creatively speaking.  So my mindset for any bounty tokens is just to HODL and allow the devs to implement their roadmap and take the project through to completion.  I think this will give the best realisation of value on the tokens.  Sure, some may fail and they will likely end up worthless, but since I only invested time, not money, into receiving them, I'm not really worried.

So with that mindset, I struggled to understand why so many people were eager to offload their bounties at the earliest opportunity.

But over the weekend, I sat down and did some calculations on the accumulated bounty rewards I'm expecting to receive.  Each bounty by itself was a modest return, but when combined in totality, it was a sizeable amount.  And that's when it struck me...

Lots of people who live in less fortunate parts of the world, particularly in areas with high unemployment, probably NEED to sell their bounty rewards to put food on the table and pay their bills.

But I really don't know if my assumptions are correct.  So, my question to you is...

Do you sell your Bounty Rewards straight away or HODL?  Any insight into your reasons would be appreciated.



## If this post has been thought provoking for you, I'd really appreciate a bit of Merit in return ##

I think getting to know the project better could help in this circumstances. Even, partaking in a bounty is not just the only thing, you would have been lucky to find a better one that heads to the market, selling off the tokens is another issue. But when you truly understands what the project is about and its future prospect, there you may take some decisions. As for me, I don't go with the crowd, I let my objectives knowledge take charge before the decisions.

[fakeshadow]

it hard to say ,depend on your project ,when rewards have good prospects and potential, we can hold it,otherwise  we can sell and switch to another coin.

[minnerETN]

If you sell all the coins after getting the Bounty campaign, the price of the coin will be greatly reduced, possibly lower than the cost of buying the ICO. I think that is a destructive act

[Nana99]

I think hold. There are a lot of perspective projects like LuckyToken. And all what you get on bounty or airdrop have hold a few month.

[skrtel37]

It depends on the bounty project. Some I think may increase. In this case, I usually retain the total reward. But others and I'm not sure that the price of a day will be much higher. In this case, I prefer to sell and purchase other altcoins.

[Lilandra2006]

I live far from the most favorable country. And for several months'm out of work. I deal with small requests for the delivery of correspondence and food. I would love to earn a bounty, but I just started probyvat. I can say that I'm probably selling all at once, what will keep. Of course to spend it immediately to close its debt.

[HTMLCOIN]

I'd rather hold reward. I believe this market is still young, and will grow in the future. The token value of new technology will go up. also you can gain more profit .

[Adio]

It depends on the what the project have to offer, once I realized that it is a nice project, regardless of the dump in such coin I will hold, because there is good feeling that it's gonna rise, and as you mentioned in your statement, needs are meant to cover in order to put food on the table, I don't blame those that dumped it's either they are in for fast money or they don't believe in the project

[kjnfmplm]

I am also receiving payment for my bounty campaign this week. But am still waiting for the distribution tokens. So, I might as well give my opinion and my decision on what would I do to my hard-earned money. First, I would like to hold it for a little while and wait for the price increase. I would convert it into fiat to buy some things. Since, there are no stores in our country that accepts Bitcoins as payment for now. I

[Alex_He]

to my opinion, when we got the tokens from the bounties, we must think carefully, if the token has the chance to rise more value in the future then we should not sell or just sell a little for ourself,  or we can predict the of that potential of the token can be drop in the future, we can sell immediately to cut loss and buy back at cheaper price to hold for long term.

[fakeshadow]

I see how much the price of the exchange is. If the price is high enough, I will sell half, but if the price is very low, I will stick to the price increase. And see how many awards we can get, if there is any, do not hesitate to sell half, save a little room for savings. If the price is low, it is held. If you need a lot of money or a high price, sell.

[Jake Virus]

I'd rather hold reward. I believe this market is still young, and will grow in the future. The token value of new technology will go up. also you can gain more profit .

Well for me we should sell immediatley our bouty rewards because i have so many experience that after the coin has been introduced to market, maybe after 2weeks the value of it will start to dump, so my advice is to hold our rewards for 3days and then sell it before the value of it will dump.

[4ernuy]

I advise you to divide your coins. One part to sell, the other to keep in long. You never know what kind of coin a large exchange will add, maybe it's your

[pokemon43]

I think it's really like a lottery thing.

At the beginning, you will never know if the bounty coin will become bigger or not.

If you sell it early, you will get fast money but might be small.

[SummerBliss]

Only one piece of advice for bounty tokens - HODL HODL HODL! The reason is that there are thousands of bounty hunters out there who get the same coin as you and most of those people prefer to sell their coins immediately for whatever price they are getting. Their insecurity is justified but by selling the token for so cheap they are becoming a part of the dump. So, the better option is to keep HODLING it for few months till the time the price of the coin appreciates. Once that is done, you would get a better price. I personally experienced it. Once I had a coin which was giving me 0.3 BTC, but when I sold it later on , it gave me 2 BTC. So I got 1.7 extra BTC just by hodling.

[bit..what?]

Do you sell your Bounty Rewards straight away or HODL?  Any insight into your reasons would be appreciated.

That's a good question. I have not thought about it yet. I think I will keep the tokens, but I am not sure.
First I'll wait and see if the token are worth something and how much, then I decide.