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Author Topic: Bounty Rewards: Sell immediately or HODL?  (Read 7097 times)
cryptonad
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April 26, 2018, 06:14:25 AM
 #1181

Depends on the bounty token received. If the token I think is having the potential in the future then I am hodling it. If I am not so sure of the token received I immediately sell it once it is listed in exchange and convert it to some potential altcoins.
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sodiik
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April 26, 2018, 06:18:00 AM
 #1182

The first time I participated in a bounty and received a token, I also sold the token immediately. My mind at the time, I was afraid if I hold it too long then the token value will go down or no value at all. But after the process I went through I realized that holding tokens that I get from bounty for some time to come would be better than to sell it immediately after getting it, because at the beginning of the value of a new token is very cheap.

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April 26, 2018, 06:49:08 AM
 #1183

It depends in the project of your bounty campaign you joined.
If it seems like the project is trash and just like some other campaigns then the future of that project is cloudy and might be a scam in the future.
But if the project is unique and the team is trustworthy then it has a high chance of success in the future.  Wink
bountyhunter433
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April 27, 2018, 04:03:08 AM
 #1184

This is an easy one for me. I will let the project grow first and reap the rewards for holding. Nevermind what others will do with their bounty rewards, its theirs. It's not 100% but holding is still the better option.
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April 27, 2018, 04:10:56 AM
 #1185

It all depends on the project, if the project is good with a strong team, hodl. If you doubt the project, in this case, it is better to sell the tokens.
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April 27, 2018, 06:30:51 AM
 #1186

I think that it is worth selling half of the tokens received at once, and leaving the rest for the long term.


If the coins fall and do not have a good future then I will soon sell it. But before I decide to sell or hold, I will look first and look for information about the coin, whether it will be profitable or not and will continue to grow or not
leow
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April 27, 2018, 06:48:35 AM
 #1187

We need to look at the project. If you believe in the project, you see the potential for further growth, it makes no sense to sell the coin when it is at the bottom. At a minimum, this can be done when the entire market is green. I like many of the coins are kept long, as this is the only way to get a really big profit. Investment is patience.
winfair
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April 27, 2018, 07:20:25 AM
 #1188

Yes it depend on project if this project are good and successful or depend on you if you want to sell one were on market or hold if you know that this project are good

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April 27, 2018, 07:20:48 AM
 #1189

in my opinion, it is better to bear to wait for normal eth price and after that I will sell all these tokens. and if eth price declines better we just wait.
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April 27, 2018, 07:22:40 AM
 #1190

When new coins go to stock exchanges, they usually fall heavily in value, so selling them makes no sense. It is better to wait and make a big profit.
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April 27, 2018, 07:29:35 AM
 #1191

So many reason why there are lot of people sell imediately their reward token for them to make it local money and buy foods like what you said, if it is the only way to earn money, they can’t wait to increase the value first before they sell if their stomach is empty. I am sure that no person will sell their token if they think the price is down if they not really need it for sure.
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April 27, 2018, 11:57:41 PM
 #1192

Really depends on the project. Most of the bounties I get in I choose to HOLD tho, unless they get listed on big exchange on day one - then I usually sell.

I am selling immediatley all the bounty rewards i get because i am afraid that the value of  the bounty rewards  will be really low when i hold it for long time, and i want to sell immediatley because a lot of the rewards i get is just pumping on the 1st day and will go dump on the other day.
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April 28, 2018, 01:23:11 AM
 #1193

I joined bounty campaigns because I want to earn. When I receive my rewards and if the price is good, of course I will sell it. But I wont be in too much rush to do it. I will divide it into half. 50% will be for selling and 50% for hodling.
cudjex
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April 28, 2018, 01:27:46 AM
 #1194

It all depends on the project. If this project is good and promising, you need to keep these tokens and wait for the development of the project.  but  If the project is a weak or frank fraud, I will immediately sell the token of the project.
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April 28, 2018, 02:20:43 AM
 #1195

The optimal strategy, if you like gambling, is to hold.  This is because every now and then there has been bounty which if held ended up paying hundreds of thousands or millions even though most flop and go to zero.  For example Oyster bounty hunters who held ended up making 100k+ just for 3 weeks.

Of course this happens so rarely that even though it is optimal in the long run you risk never hitting that jack pot in the short run.  

Personally my go-to is to keep maybe 10% of each bounty just in case it is one of those super payouts, but sell the rest to pay the bills.  I am not a gambler.

Now proof of development makes it much more likely to get hits which will play out than fizzles or scams.

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April 28, 2018, 02:25:57 AM
 #1196

Really depends on the project. Most of the bounties I get in I choose to HOLD tho, unless they get listed on big exchange on day one - then I usually sell.

I am selling immediatley all the bounty rewards i get because i am afraid that the value of  the bounty rewards  will be really low when i hold it for long time, and i want to sell immediatley because a lot of the rewards i get is just pumping on the 1st day and will go dump on the other day.
remember, not all coins are always dump after distribution.
many coins are up, u must understand what the coin is.

 
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Llyrmyst
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April 28, 2018, 03:01:58 AM
 #1197

You could sell it right away if you relly need the money. If you dont ened it just hold it and wait for its price to increase and then sell. Its your choice anyway.
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April 28, 2018, 03:22:37 AM
 #1198

Actually i was just in the dilemma also, want to hold in the long run but kinda need in something also tease me to sell my bounty token, but if i think as an investor i felt that selling my token in young development time not give it is true value to sell, so i still hold for now on.

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April 28, 2018, 03:31:24 AM
 #1199

most of the time the bounty enters the money so it is impossible that they do not immediately sell their income to the bounty but seeing many holders and they will not actually sell until the value of the net increase does not depend on the person.i really want to hold it especially when i know that it's good and the bigger i get when i hold it but sometimes it is inevitable that it does not sell
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April 28, 2018, 03:37:48 AM
 #1200

There are times when I choose to hold the coin and there are times when I would sold immediately which would depend on my situation at the moment. If I am out of funds then I would sell the coin but if half of it is enough then I would only sold half of it. One of the frequent things that I do when I receive the bounty is to sold half of it if its value is valuable and if not then I would just choose to sell it all.

If I think that the coin has a potential to be more valuable in the future because the communication is constant and the team are knowledgeable about their project and most of the time answer the investor's questions then I would hold it until such time when its value reach 5x or 10x. There are even coins that I am willing to hold for years because I believe in it and the developers are very active and you can see their dedication to the project.

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