djselery
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Merit: 1001
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February 15, 2018, 07:26:26 PM |
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Thats depending with the project and if it is having good potential or not. Sometimes it is better to sell the bounty rewards immediately (especially when the project is risky or having low potential), and sometimes you need to hold the tokens until the price increase highly.
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jazzzbe
Member
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Activity: 308
Merit: 10
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February 15, 2018, 07:31:46 PM |
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After 3 month in bounty I decided 50% sell and 50% hold! For example TIO on bounty distribution costs 1,6$ now 0,37$(
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boyjackyou
Member
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Activity: 301
Merit: 11
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
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February 15, 2018, 07:50:56 PM |
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If you have a long patience you can hold these tokens for a couple of months so you can maximize your potential profits from it,holding these bounties wont give you any risk of losing,because you only spent your time to have these coins which if the value has skyrocket you would have tons of money from without investing a single penny,HOLD it until some value has reached that will satisified you.
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syberwolfen
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February 15, 2018, 08:08:08 PM |
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After 3 month in bounty I decided 50% sell and 50% hold! For example TIO on bounty distribution costs 1,6$ now 0,37$(
It will be a better idea to sell all the token immediately when the value is good at the beginning as most of the ICO starts with good value once it hits the market then it either goes upwards or downwards (mostly downwards for few months).
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ujjwalsethi
Member
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Activity: 213
Merit: 10
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February 15, 2018, 08:11:52 PM |
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It totally depends on the person that if he or she needs money then that person should sell the money immediately and have the money for day today uses and if anyone needs profit then he or she can hold for future purposes.
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goinmerry
Legendary
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Activity: 2940
Merit: 1083
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February 15, 2018, 08:21:18 PM |
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After 3 month in bounty I decided 50% sell and 50% hold! For example TIO on bounty distribution costs 1,6$ now 0,37$(
It will be a better idea to sell all the token immediately when the value is good at the beginning as most of the ICO starts with good value once it hits the market then it either goes upwards or downwards (mostly downwards for few months). Not applicable at all new coins. Sometimes selling immediately will lead to regret. Take a look at example on PLR, it was now playing at above $1 after it was distributed last July if Im not mistaken. And there are many more. Let's put it this way, if a person knows and understand what are those things that might happen whenever they will sold or hodl, then they can analyzed what is the best thing to do.
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Bounty_Hunter
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February 15, 2018, 08:22:46 PM |
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Personally, I act as follows: I sell 90% of the tokens received at once, regardless of the price, the remaining 10% is left hodl. Thus I diversify the risks.
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rupesh2
Newbie
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Activity: 182
Merit: 0
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February 15, 2018, 08:37:16 PM |
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there is no point to sell in less than ico price , if you get good amount then sell it . but if price is less than ico price , and project is worth of hodl , then must hodl it .
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gyun.094
Jr. Member
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Activity: 178
Merit: 1
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February 15, 2018, 08:39:04 PM |
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I never sell the first bonuses, as the price may increase.
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yrreg ger
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February 15, 2018, 08:44:25 PM |
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Thats depending with the project and if it is having good potential or not. Sometimes it is better to sell the bounty rewards immediately (especially when the project is risky or having low potential), and sometimes you need to hold the tokens until the price increase highly.
True, I remember my pillar coin back then I sold it all at a single price though I have lots of it. I wish I only sold half of it or I sold more than that and then left some because the price of it is 2x the price before. This is a perfect example of why we should sometimes HODL bounty coins that are possible for price increased but of course no one knows which coin will have the same faith like Pillar. Because of what happened I decided that if I have too many coins I am going to left some because the price might get higher than I expected it again.
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Ging
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February 15, 2018, 08:47:56 PM |
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according to what i have experienced i think when you recieve you bounty altcoin you should sell them because at the first it will decrease from the price that it has begun with.
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annmhie0904
Newbie
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Activity: 196
Merit: 0
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February 15, 2018, 08:55:59 PM |
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I possible says, I will sell it. Why ? because I don't know if my tokens still have value after a month / year or years. I don't want to waste them. Maybe I will have regret later if the value is rising after I sold them but the thing is, if I sell them after I received them, I will have money to buy my foods and daily necessities, which will help me a lot.
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dulari1
Jr. Member
Offline
Activity: 252
Merit: 4
EQUAL Network Token
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February 15, 2018, 09:02:15 PM |
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if you know or have feeling that price will go more low then no point to hodl it . some icos are sold out in seconds and have huge demand , so in those cases hold those free coins .
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Chrisjay29
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February 15, 2018, 09:06:03 PM |
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I think selling immediately bounty reward is a bad moves in bitcoin because what if the token will reach 10$ and you sell it to 1$ it will be huge lose if you do that. I think you must hold it and wait for the announcement or make a prediction.
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BabatundeM
Member
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Activity: 317
Merit: 10
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February 15, 2018, 09:07:23 PM |
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I think it is preferable to sell some of the bounty tokens or coin immediately when it is given because it will still be hot at its first entrance into the market while the remaining should be kept because the price can still increase.
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number37
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February 15, 2018, 09:10:14 PM |
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it seems to me that you do not participate in bounty campaigns for so long, otherwise you would understand that 50-80 percent of ICO ends worse and lower than they started
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A!
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February 15, 2018, 09:17:01 PM |
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Mostly all the bounty hunters need a reward for promoting any project for months. Bounty recivers are not the investors of the project and they always prefer selling the tokens and getting the payment in the terms of BTC or ETH. They prefer getting small income for their work and not seek long-term investments like some big investors how can hold a huge amount of money for very long time.
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political1907
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February 15, 2018, 09:17:27 PM |
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I prefer to wait instead of regretting. So if I dont need it, i hold it. Because as the project evolves, the value of most tokens increases.
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Salesman4coinZ
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February 15, 2018, 09:21:06 PM |
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It depens. Do you need the money to buy another coin? Do you participate on the bounty because you believe in the project or because the bounty stakes were high? So if you believe, hold the coins. Holding will always get you more profit. If you just participate because of the high stakes, you can sell it. But dont be stupid like the most bounty hunters and dump the tokens or coins for less then it cost on the ico. Even when it needs some days to sell it on the ico price. Almost every ico is doing a 5x when they get listed. If your impatience, you even dont have to sell it to a lower amount then it cost on the ico!
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finzyoj
Sr. Member
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Activity: 644
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
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February 15, 2018, 09:21:35 PM |
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After 3 month in bounty I decided 50% sell and 50% hold! For example TIO on bounty distribution costs 1,6$ now 0,37$(
It will be a better idea to sell all the token immediately when the value is good at the beginning as most of the ICO starts with good value once it hits the market then it either goes upwards or downwards (mostly downwards for few months). I don't agree with that. Not all tokens are better to be sold right after the distribution and the availability in the market because there are coins where after months, the price got bigger. This is the reason why if I have lots of coins I will choose only to sell more than half of it then hold the remaining. This is not a bad idea, I really do think, because in case the price rises at least I still have coins to sell. My friend is also doing the same thing, he holds the coin if he doesn't need to sell and look at him now chilling because whatever happens, he already has savings and still have lots of coins to sell.
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