Bounty Rewards: Sell immediately or HODL?

[Nyenyepogi]

I think every person has a different ways to make earnings but for sure there's also a different reason that is why they sold their coins or token, some of us we used it for daily needs, for emergency matters but the good thing is we get a big benefit of this great technology. Well there are some good token or coins that is worth for holding so for me i think the best thing to do is to hold the half then sold the other half.

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[kind3950]

It depends on the bounty campaigns. There are some that I think could really increase. In this case, I usually keep the total reward. But others, well I am not really sure that the price will be much higher a day, in this case , I prefer sell and buy other altcoins

[Cubanlinx81]

Depending on the project, I HOLD my bounty tokens as if I invested. There is a new one which is still very quiet with a big payout. Looks like they are only accepting a few participants which is good for those who join early. Very high profile project with an all-star team. Check this link for details: https://bounty.deco.network

[kokrokok]

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 ##

it depends on the market price of the coin, if I get a coin from the project I follow and the price makes me satisfied then I will sell it, and if the coin is very cheap, then I will hold it and wait until the price is expensive and start selling it.

[jbdjy]

I will choose to hold it. The bounty I choose is something that I think will be very promising in the future. So I think it will bring me higher profits in the future. So I will hold it. Of course, if you are not optimistic about the project, sell it as soon as possible.

[leetcoiner]

My strategy is to HOLD 50% of bounty reward and sell another 50%. You will be good with such strategy, believe me.

[cudjex]

If you think your project bounty is worth holding, you have to hold it to double your profit.if not good you can sell a part of them ,the important is how to earn more profit.

[8count]

I have been doing bounties since July 2017 I think and I have always held onto them. I do keep a eye on the market and if I feel the token has hit a mark I will sell them then. But If I had sold all my tokens at the peak during December 2017 I would have been better off. Who know what the future holds, hopefully they will go past their ATH again.

[Way2Paradise]

i'm not sure yet how to do that with the bountie reward. will probably sell a part and keep the rest.

but before i think about it, i would first have to be paid for the bounties.

[jouns]

It is impossible to foresee what will happen to the price of the token, but as a rule people participate in the ICO to make money, so the price should grow up. And then everything depends on your greed if you do not have time to sell price can fall.

[poutgkj56]

I think we should hold our tokens. This is the best way to make the most of your project's profits. If you find your project is not working, sell it immediately.

[rohican]

As you say, some people need bounty to pay their bills. Some others sell tokens to buy altcoins that have been coveted for a long time, because not everyone has enough capital to get into this industry.

[Crypto.Expert]

There are some bounty reward that needs to sell intead of holding, but if your reading there whitepaper and roadmap is to have an information about their coin, if it is a long term you should atleast hold them.

[jademaxsuy]

Well definitely hold the tokens if you are not in need financially and you were also after for huge profit after getting the reward tokens on it. As we all know that these tokens after being put to an exchange its price will definitely goes higher as bitcoin market price also goes high. This is why altcoins are worth investing for because there are some iinstances that altcoins do more huge percentage in price increase than the bitcoin market price increase while on the other hand when bitcoin increases its market price so does the altcoins. So it is a good thing to hold the reward rather than trading it or selling it.

[vilello]

Sell immediately after hold for one week or less. If you want to HODL, I suggest you exchange to Strong Coin first like BTC, ETH, etc. Because many bounty hunter sell their token and because of that, the price will be drop and I suggest don't to long to hold your money in ICO.

[Dim4ik]

Never sell your earned coins immediately after entering the stock exchange, you can miss the departing train. It is better to leave these coins for a couple of years, and then you can think about selling

[Television123]

It is really depends on you,because if i were the one holding those tokens, I  will hold these tokens until they have reached their full potentials,because most of the developers of these new projects needs a lot of time so they can accomplish their roadmap and it takes months to years for them to do what they need to do,that is the perfect time to sell these tokens.

[Gribovski]

I think if this is a promising coin, then it is better to hold it.  If not, then immediately sell.

[kopisusu]

it all depends on the needs you have and the potential tokens that you hold if the token you hold has enormous potential then I suggest that you hold the token .. always follow the progress of the project so you always get the information

[TamTrang]

Depending on the ICO you join the bonus campaign, while participating in the campaign you can also see the sales of the project. Should it be sold as soon as the new bid is paid or retained here? I do not think enough Coin at the campaign will sell out. Because it just went down very fast. then the cup. How do you think?