Bounty Rewards: Sell immediately or HODL?

[bitcoinzen]

most of the bounty rewards increase in value after listing the token in exchanges so it is suggested to hold bounty tokens until we get the maximum benefit

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[alrez]

At first I did the same thing, that is to sell my tokens as soon as possible, once entered into my wallet, so there is marketnya, then I immediately sell it. But when I started following the bounty campaign, my mindset changed. To get token from bounty required work that was hard enough, unlike airdrops, which only made a little effort. Since then I have held my coins, until the price is close, or equal to the price of ICO. Thus I get a satisfactory value.

[DabsPoorVersion]

I do sell immediately after the coin is listed on the exchanger, but selling your bounty is actually depends on your own decision. there is no need to ask anybody else if you are going to sell or hodl. its your own money, not them.

[kriticko29]

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 ##

Those persons that sells their tokens after distribution should be ashamed of themselves. They are nothing but a piece of crap that does not know how cryptocurrency works. By selling their tokens ASAP, they are creating a sell wall that prevents the coin to pump and generate profit.

[retnocintaku]

If I myself prefer to Hodl token bounty that I got. because usually when you first dimarket release, of course many who sell tokens. So the price come down progressively. So better wait a little longer to get a bigger profit. At least until the price of a token approach the ICO price.

[Walang-kekek]

It depends, mostly, I prefer HOLD my bounty token rewards and Airdrop. I read updates, make research, regarding project supply, or seeing roadmaps if it is accurate as stated. Reward tokens are precious to me. And NO UPDATES, means DUMP it when price is good enough,.

[alexsandria]

I have joined a lot of signature campaign but have kept a lot of these tokens in my wallet for more than year. Lately I managed to earn more than 80KUSD because of keeping the token which were attacked by fud for several months, was surprise to have gotten such amount when I already tried forgetting that token. Holding still is the best thing to do if you wanna earn huge.

I agree with this statement. If I were to receive my bounty rewards I preferred to hold it. Why? It’s because I strongly believed that it will earn much profit by holding and by waiting until the price gets high.

[lunastovski]

I do not think that selling coins at once is a good idea.  It is better to hold them.  And the price will grow at least 2 times.

[marcosfx]

I would actually go ahead and sell the tokens that I get from bounty campaigns during the first week after I got them. There can be an exception if you see that the coins are in high demand and it is better to wait for their value increase.

[virtiklo]

I do not advise you to sell coins immediately.  It is better to wait, when the price of these coins will start to grow and then sell to get a good profit.

[honeyduckgoose]

Personally I wait as with any new project, it takes time for the value to grow.

If you are you are looking for a new interesting bounty, Unitalent seems like a great one, they are a Swiss based blockchain high skilled freelancing platform (think of Fiver with people who are highly skilled professionals. Link is below and I hope this helps!

Unitalent Bounty

[Triss Merigold]

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 ##

Many of my acquaintances are selling the critowalut immediately as they received, because they do not have a job. I try to leave perpektivnye coins, especially those projects for which these coins are still needed.

[coolon]

Hi, of course you are right, you need to keep until the price is above the ico price.
In extreme cases, if you need money, I sell part of the rest of the hold.

[balodon88]

Of course, it is better to hold the coins.  Usually immediately the price of coins drops very much, and then it starts to grow.

[shazib083]

For me, I don't just joined bounty without making a research and I made sure when I joined the bounty I have also invested on it. So, for me it's a yes, I will hold my bounty at a certain period and with a specific target to sell at a huge profit, yes, I am looking for huge profit and I am not too ambitious because I now it's possible here in crypto.

[hegewrw]

It seems to me if you want to get the maximum profit, then it's better to hold coins, and not sell at once.

[keramzit]

It all depends on what kind of coins it is.  If bad coins, it is better to sell immediately, because the price of such coins will not grow.

[jpaul]

We never know the capability of the ICO especially at an early ICO stage, this is when most of the coin are awarded, he most appropriate thing to do with the tokens therefore is to Hold them as long as possible, you never know the kind of value you will gain overtime

[senopratama]

Depending on the circumstances and whether the results of such bounty has the potential or not. If it has the potential to certainly hold the course for some time until the price goes up. or even that most often people much resist also because prices were below the ICO. impatient to wait until it has a good price and then sell.

[marcosfx]

To my mind, when it comes to tokens and cryptocurrencies in general it is more profitable to hold them and monitor the market in order to catch the increse and sell them by the best price point. That willl let you earn a bigger profit for yourself.