Bounty Rewards: Sell immediately or HODL?

[charlenedave]

I am newbie but if seen many who hold hold more than 1 year would be better than immediately sell or can be invested into another coin

I agree with you, we don't really need to sell out bounty rewards immediately especially when the campaign is successful. When the campaign is successful, there's a high probability that the coin would be an ideal for holding because the price will increase.

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[bentong talong]

In most cases, it is better to hold coins to get a good profit.  But if it's bad coins, it's better to sell it right away.

You are right. If the bounty reward is such a good coin, you better hold it but if it is a bad coin, you should sell it immediately before the coins gets lower.

[pragna]

Its depends on rewards that you got. If it huge in market and ico price is low, you no need to hold. Just sell. But if it opposite of what i say you can hold for a simple period of time depending on market. You can also see the roadmap of that coin. It may also a issue to market up and down.

[nickolaileskov]

This is a very difficult question - sell or hodl, but on the current market, when nothing grows, I stick to the strategy of selling bounty tokens at once, unless it is very high project.

Yes, token sale is a good idea. Especially if you have time to sell one of the first. After the start of sales, the coins fall sharply because of those who want to get money immediately

[Delfintor]

Of course it's better to hold coins to make a profit.  But if it's bad coins, it's better to sell it right away.

[Catmurs]

Well, you need to look for that project and how many he has gathered during ico if hardcore is definitely the coin to hold

[Jimtorko]

Depends on what kind of a coin it is.  If this is a promising coin, then I advise you to hold on to a long term.

[Motigbo401]

If you are convinced enough that the coin is going to moon in the future. It is good to HODL for higher and huge profit

[GmBoom]

In my bounty rewards, I prefer to hodl it for max of 2 years. When you recently get your bounty rewards, expect that you should experience a massive dump of price when it hits on the market, due to many bounty hunters also that is dumping out their coin for a low price. The duration of the dumping will end for almost half a year, and after that, the price recover if the ico is also a promising one.

[mardid 85]

I think you should not sell bounty tokens immediately instead of this you should hold coins till some months to taking a huge profit

[djscreem01]

So far I often sell my bounty gifts after receiving token from them.
I rarely hold token from bounty campaign, because I'm afraid the price will go down.
I don't want to experience an incident like my friend who has lost due to hold tokens for a very long time.

[HoundRogerson]

In this issue, much depends on the coin itself. If there are growth prospects, I think you need to keep and not sell it right away. And there are coins that are very bad and they need to be sold immediately as long as there is an opportunity

[djscreem01]

If you very urgently need money, then you can sell a small part of your reward.
But if you save the coins that you received to participate in the bounty then you can get for them much more profit after a year or two.

[MatysTapsilog]

You have talked the psyches of such a large number of where their bounties when collected are quickly arranged to put sustenances on their table, particularly in those Economies where the neediness levels are on the high side. The choice to either apply this or not is henceforth saddled with the current circumstance of the clients in this manner. Numerous may likewise make this move where they watched that the Bounties Distributors are getting to be weaker and weaker and would not have any desire to wind up protest of derision if per experience this undertaking rest all of a sudden or stay repetitive prompting their coins to crap in the market.

[avirdoz]

It really depends on the project. There are some great ICOs on the market which are worthy of keeping their tokens/coins. The main thing is to analyze the campaigns and try to determine the future of the project.

[stayeduptolate]

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 also a member of one bounty campaign where I write for them and in return get payment. It is as simple as writing a article. but you need to know a lot about crypto currencies for this. I am the type of person who will not sell his bounty rewards straight away rather I will hold them and I too believe that it’s val will surely inflate in the future. I am not saying that those who are selling their tokens are wrong because they could be in the condition where they need their token to earn their livelihood but just just try your best to hold them.

[hason88hvbc]

I think we should hold our tokens. They can be put on the floor and they will be greatly appreciated. So let's wait for them to come on the floor and sell. That is the best way to fully exploit your profit from the project.

[sounddrum]

i only invested time and effort and not my personal savings i prefer to 50/50. Sell 50% and hodl the remaining 50% in that case atleast a win win situation for me. The 50% that i sold i'm using to those crypto that i really like so that's my purpose of selling. But if my bounty is something that has unique tech i will hodl until a certain target value.
I have alot of companions in bounty which are selling their bounties immediately their primary reasoning is they have alot of crypto bounties and monitoring them day by day is additional task since they are doing the bounties full time and having almost 40-50 bounty work everyday and submitting reports really time consuming.

[dongosquad]

In this issue, much depends on the coin itself. If there are growth prospects, I think you need to keep and not sell it right away. And there are coins that are very bad and they need to be sold immediately as long as there is an opportunity

Let alone to reach ICO prices or exceed ICO prices take a long time. Depending on market interest and exchange. So, we must be patient and always monitor the progress of the project through an official project, whether social media or telegram group chat. Do not be sorry for the rush to sell it at a cheap price, especially if the project is good. My advice, if HC is achieved, then the project is successful and wait for the price to reach ICO to determine the selling position.

[prehisto]

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 ##

This is averu HARd question since i have lost money both ways.

I lost 2000$ by holding BAR and TBAR when they got in problems with SEC, lost 1000$ in CENTRA because of the same reason. Crazy.
But i have made a good profit by holding MTC, It can go both ways, i think that the best course of action is to sell part of the tokens at the start and hold other part.