Bounty Rewards: Sell immediately or HODL?

[herrysam]

I think you should hold first and wait till the market becomes stable. Holdong bounty rewards is a good decision as of now. Wait till the price of coins goes high then start selling your bounty rewards. If it is not in price increasing dont sell.

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[Rexxxem]

A lot of ICO projects do not look very good after they have collected hardcup. For such projects, I, along with everything selling coins

[Raufjoze]

For me I will check first if the coin will grow more in a couple of months then i will hold so that i will earned more and it depend also if i don't need much money for my expenses i will just keep it.

If you're not sure you'd be better off to sell and start a new campaign. But it all depends on what project you combined in the signature campaign. If the project is very good and you think it will be successful, better keep it until the token value increases.

[greenklo]

It all depends on what kind of coins it is.  If the coins are promising, then it is better to hold them.  And if not, it is better to sell immediately.

[BookXchange]

I would sell the half and hold the rest for a couple of years if the project is good and I believe in it. You need to reward yourself so that you will be able to hold the rest of your holdings without regrets if everything goes bear.

[eMaxie]

HODL. definitely HODL because that's the point of gaining profit from bounties. If the project is promising like Bitupper and others here on BT, then it's token price will rise by the time.

[loreykyutt05]

For me I will check first if the coin will grow more in a couple of months then i will hold so that i will earned more and it depend also if i don't need much money for my expenses i will just keep it.

If you're not sure you'd be better off to sell and start a new campaign. But it all depends on what project you combined in the signature campaign. If the project is very good and you think it will be successful, better keep it until the token value increases.

When you join a bounty campaign you are already aware of there project and plans , you join because you see a future for their project It would be good and if you will not dump the coin after  being listed on the exchanges because you will miss the potential of the coin that you are holding , the longer you hold the more profit you could take.

[Cenil]

If you get the best project prize.
prices will increase everyday. So before selling a price check and then you know about the process.
it changed most people's lives. But choose the best gift before investing.
if you need to choose the best gift you first learn the project work gift.

[captaincomet]

I look at the trends in the price change of the coin. If it falls, you should sell it sooner. If it grows, then you can wait

[s0beit]

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 am into holding my bounty rewards until they have their platforms successful. As for me, rewards should also be rewarded with patience and commitment. We must all be willing to be thankful for whatever we get and just wait a little longer to gain a better profit.

[arthurgrand]

Sincerely i try not to sell coins/tokens unless I really need the money to invest in a new coin or ico or if there are some bad news about team/coin and I see no future for it.

[AdamR8]

I'd only hold a portion even if I believed in a project's potential. However, in the event that the token doesn't get listed in a big exchange following the ICO, I think that it'd be worth waiting for a better exchange listing if it has been announced.

[cudjex]

Depending on the project which I follow, if the bounty doesn't have a good future in the future, I'm sure to sell the coins I get from the bounty, but if the coins coming from the future have a chance to raise the price I'm sure to hold.

[Olatunjex]

Not good idea to sell immediately after bounty rewards are gotten. Firstly it will have negative effect on the coin price holding for few months could yield more profit.

[nik9990]

it all depends on your preferences. Many people who participate in these campaigns live in dysfunctional countries and they try to immediately sell coins, those people for whom this is not the main source of income can keep coins a year or two

[Pozitiw[4]ik]

I will suggest that you should sell half and hold the other one. This way to learn how to become an investors. When you experiencing this, it will give you so much lesson and knowledge. It will increase your skill.

[stevensteel]

I guess once I get my bounty tokens from TravelerToken (TLT), I'll probably hold them until the platform goes live in Q3 2019, then I can start spending the tokens in the TLT ecosystem. This is because I believe that TravelerToken is an ICO that has a lot of potential to grow in the near future, as they are targeting the $2.3 trillion travel industry that involves more than 1.23 billion travelers on a yearly basis.

TravelerToken also has a very practical and viable use case - they are trying to revolutionize the travel industry by removing all the hefty processing and transaction fees that start piling up whenever there is a variety of intermediaries involved in the travel ecosystem. Furthermore, users of the TravelerToken debit card will be able to withdraw money in a foreign country without having to worry about poor exchange rates.

For your information, they are launching their bounty program soon (I heard it's tomorrow), so stay tuned. Here's the [ANN] thread for the TLT bounty program for reference. You can also visit their website or read their whitepaper to know more about the project.

[FornaksD]

I apply bounties of tokens when i really believe the projects. So I hold them until they list in a good market.

[stevensteel]

It depends on the project - I guess once I get my bounty tokens from TravelerToken (TLT), I'll probably hold them until the platform goes live in Q3 2019, then I can start spending the tokens in the TLT ecosystem. This is because I believe that TravelerToken is an ICO that has a lot of potential to grow in the near future, as they are targeting the $2.3 trillion travel industry that involves more than 1.23 billion travelers on a yearly basis.

TravelerToken also has a very practical and viable use case - they are trying to revolutionize the travel industry by removing all the hefty processing and transaction fees that start piling up whenever there is a variety of intermediaries involved in the travel ecosystem. Furthermore, users of the TravelerToken debit card will be able to withdraw money in a foreign country without having to worry about poor exchange rates.

For your information, they are launching their bounty program soon (I heard it's tomorrow), so stay tuned. Here's the [ANN] thread for the TLT bounty program for reference. You can also visit their website or read their whitepaper to know more about the project.

[jpoker272727]

I will suggest that you should sell half and hold the other one. This way to learn how to become an investors. When you experiencing this, it will give you so much lesson and knowledge. It will increase your skill.