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Author Topic: Bounty Rewards: Sell immediately or HODL?  (Read 7097 times)
mirgo1791
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April 20, 2018, 09:53:09 PM
 #1141

as entering with customs of possession as managing tasks with the distinct of personal preference as referring option,
trader might works as the extent on requesting with one on returns as the series of manage to involves of different factors as the finest of decision to put with the limit of risks on exchange with the arbitration market.




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Yakapo
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April 20, 2018, 10:07:39 PM
 #1142

some of the rewards you get from the bounty campaigns might be valuable while other are not, all depends on the ICO. its however advisable to hold on the rewards for a while and gauge their worth before disposing them off as you might just sell a future Gold cheaply,
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April 20, 2018, 10:47:29 PM
 #1143

If you feel that it's bounty from a project that is really convincing in a potentially meaningful way. Better you hold it and try to wait until the time is right. But if it is a project that is not good or not potentially you should sell directly because the price will drop slowly. Or you can set aside some for the hold and partly to sell. That I think is a pretty good way so you do not feel bad in the future. Believe that any altcoins will surely increase.
Bitcoinislife09
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April 20, 2018, 10:52:42 PM
 #1144

Selling bounty rewards immediately is not a good idea. Especially now, most of the token prices are not high enough. In my opinion, you should first hodl it and then wait for its price to be higher, then sell it afterwards. As long as you think that it is enougu for you, then it is better for you to sell it already.
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April 20, 2018, 10:56:39 PM
 #1145

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.



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I think holding would be a better option. Upon distributing the bounty rewards and the tokens to the investors after the ico,the market value of a token is more likely to fall rught after being released. Holding will give you the chance to earn bigger profit because most of the ico tokens' value are increasing aftsr a month.

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April 20, 2018, 10:57:08 PM
 #1146

Mostly sell because many I don't believe in but did keep some.

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April 20, 2018, 10:58:41 PM
 #1147

some of the rewards you get from the bounty campaigns might be valuable while other are not, all depends on the ICO. its however advisable to hold on the rewards for a while and gauge their worth before disposing them off as you might just sell a future Gold cheaply,
I agree with you, there are rewards in bounties that are capable to be valueable but there are also valuable in the first 3 days; so it is better if you will sell it immediately.
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April 21, 2018, 02:57:32 PM
 #1148

If you can sell these coins at once, then sell! But as a rule, the price of the received coins when appearing on the exchange falls tens of times from the price at the ICO stage. So you need to wait to sell at least at a price like on the ICO!
sapta
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April 21, 2018, 04:45:46 PM
 #1149

Do they always trade like this? I mean, few days ago I received some tokens > token hits exchange while I was asleep > woke up to see the chart went like 4000% up to -14%.
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April 21, 2018, 09:29:29 PM
 #1150

if the coin dump hard once they hit the exchange.in this case,i hold my Bounty coins until price gets Back to normal or even if good news are coming.the only case i sell immediately is when price hit 2-3x once they hit an exchange.it's a Bit subjective.

Omosomofa
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April 21, 2018, 09:34:21 PM
 #1151

Bounty is a nice for those that have no helpers. Personally I have benefited a lot but just that coin market is bad this period with price being Red almost everyday. I have at least from reward from Bounty program like from BGD, HOQU, THUG. But I have not sell any because price keep dropping everyday. But I know for sure that one day all will moon and cash out soon. At first I was skeptical about bounty whether it will bring any reward until I saw my friend cash out big from Bounty without investing any of his money. I recommend bounty those start up newbie in crypto space. Sometimes sell immediately or hold I do every.
Lynks
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April 21, 2018, 09:37:21 PM
 #1152

It depends on the project. People who hodl ont are now rich.but if the project is of no value then  i gues you sell out
aladingorter12
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April 21, 2018, 09:41:01 PM
 #1153

I sell immediately because I'm afraid of falling asset. but after some time I begin to buy the asset again, but for a lower cost. In such cases, it's better not to take risk
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April 21, 2018, 09:45:36 PM
 #1154

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 ##
You are right, actually in my opinion also for now better save than sell. if they see the price movement maybe they will wait for it.
Denzzen
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April 21, 2018, 09:49:10 PM
 #1155

If you can sell it fast for ICO price, then sell, if not, then you'll have to hold it at least a month or so till it grow up a little, so you can sell it for better price. I hold only interesting for me coins, this is not good time to sell tokens tho, due to market situation.
Crypto Chips
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April 21, 2018, 09:54:26 PM
 #1156

many bounty hunters imidiately selling their token because they need quck money for buying some food for a living, for me token that i get from the bounty is for my living need and some of them i hodl and i will sell it if i need money.
on the otheside i hodl some token because i want to get involve from thier ecosystem as a token holder
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April 21, 2018, 09:54:40 PM
 #1157

I've been killing myself to tell people it's a better strategy to keep a storage of different tokens until the right moment comes, than to dump the tokens at the first opportunity.

Unfortunately, the OP is right. Many people are not patient, and don't listen. The result? Many top projects don't run bounty campaigns, because they don't want thousands of dumpers at the first seconds their token hits exchanges!
PrincessChe
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April 21, 2018, 10:04:45 PM
 #1158

Try sell and hold before. now prefere hold for several month. as i see most projeckts after ICO pump his coin but you must know when its doing. most time its better then selling immediately
andieoke
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April 21, 2018, 10:17:21 PM
 #1159

of course I will see the project first, if if the price of tokens that we get it when it is released in the market and have a high price then I will immediately sell my tokens! there is also sometimes that makes me not sell coins even though the price is high, that is when I am sure and I know the project is good then I will hold my token until the price goes up to the moon. but usually I more often sell token bounty results rather than menahanya for a long time!
BertoloyBTC
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April 21, 2018, 10:26:40 PM
 #1160

If you receive your bounty rewards and you have less tokens in your wallet I suggest I will just hold my coins and try to get knowledge on trading , with your initial bounty token rewards you can start little trading with your tokens
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