Bounty Rewards: Sell immediately or HODL?

[Phil419She]

Actually it really depends on the coins that you earn. There are some coins that after being released in the market, there is no other way than go down. So lots of bounty hunters sell their coins asap, and this actually worsen the state of the coins. But there are also promising coins that are better held, and you can also find some bounty hunters that even now are holding their coins.

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[jayco25]

Actually its really depends on the project and how bounty hunters play in the market. Obviously a lot of hunters after getting the coins they really dump it even below ICO price which affect the project. I joining bounties also but half of my reward I just keep to my wallet because all bounties that I have I really love the project and I believe it has a potential

#Taklimakan

[Hugoboss001]

Well, I do HODL. I believe if the project will be successful, I cheat myself by selling early. There are time you wish I could sold at on time or the other. Generally, I believe hodling is the best.

[Advicerabi]

It all depends on the project, but it is best to hold those bounty rewards until they reach a reasonable market value, because potential coins will take time to increase its price along with their developments.

[jean messi]

I think it is better to keep the coin (of course, if it's not an outright SCAM). Of course, it all depends on the time and context of the events, but in most cases - this is the best option

[mokong11]

It depends to the project of bounty that i join if i will hodl their tokens or i sell it immediately, if I think that the project of bounty that i join will be successful i will hodl the token that i will received to them and i well sell it to the perfect time its a matter of wise thinking of trading.

[Tux99]

Yes i also not understand peaople who are selling bounty tokens for cents, i am also HODL all my rewards bounty, just because that price will be anyway growing up amd small capitalization tokens will do it with great X!

Not all coin would be not increase after hit the market and sometime there are coin which will increase for example credit.
So we dont need to sell immediately and holding is good choice i think. So now its depend on person itself, they like holding or sell soon.

[semutracing]

this depends on each individual's thoughts, and also the condition of the market at that time, if the market conditions are good, that means maximum price, then selling is the right step, but if the price of coin in the market is very bad, then preferably HOLD

Its true. We can not treat all the token with same way.
Each of the token has its own popularity which will impact to the price.
For situation right now, i prefer to hold since the price is very low now and the income is decreasing

Bounty prizes will sometimes tempt you to sell your crypto assets at once because of your financial needs. But if you can only stand for a year or two, I think you will get a big sum of money especially if your cryptocurrency will go up over the span of time

[Invester]

I guess we share the same strategy when it comes to how our bounty proceeds are being managed. I do not sell immediately. For me that is pointless because the project has to perform its operation first before any token will gain any increase in value after the ICO. And it will not happen overnight or in a day's time or even in a month's time. There will be so many things to do, partnerships to be sealed, promotions, marketing tours to be done. If you do not believe that the project can do it, then why promote it in the first place?

[bunny0612]

If you receive your bounty token when market down and price go down below ico price, then hold it and wait for better price to sell. If you see potential in your coin, you should keep it. All decisions belong to you

[pelipurlara]

Do you sell your Bounty Rewards straight away or HODL?  Any insight into your reasons would be appreciated.

I've been doing bounties only during the last months, so I took part only to 3 campaigns, but I decided to keep these tokens because I participated to projects I really believe in, I wouldn't waste my time to do whatever bounty campaign only to get some random tokens. So I hold.

From my experience, almost all of my tokens are hodl, their prices are steadily declining, so for now, I think it's the best move to sell it right away if we are not convinced that altcoin is for long-term investment but I always hodl every time I get token of bounty , I never sell it right then and there, it's because in my mind I think the price will go up if we hodl a little longer

[Mercedes]

in my history of bounty campaigns , when i receive my reward ,the project arleady hit exchange 1-2 months ,the price is bad  and trading volume is smaller then before . there is no reason keep holding

[FrankHilk9]

Everyone has their own strategy! Someone sells, someone holds . I sell 90% of my coins at the beginning of their trades, then if I see the potential in the project, I buy a coin only it costs by the time even cheaper

[BabatundeM]

I think it all balls down to the type of coins or tokens you were given as the case may. If its a coin with potential and good future projects, it is always advisable to hold such but If otherwise, it is better to sell off.

[markk94]

i definitely will do HODL when the bounty that i participated in is having such a good future(imo). but, for the other bounty that lack of reward and just so-so vision, i tend to sell the token after i got and the prices is good enough.

[laurenB7742]

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 ##

For me, its best to HODL tokens earned as a bounty reward. Prices of tokens during the start of the project are usually no appealing and take sometimes to take off, prices go high in events like when tokens are enlisted on the exchange etc.

[aizenbryle]

it depends on the project, when i think that the project has a future then im going to hold. It's better if you research about the project so that you will know if it worth to hold or just sell them immediately.

[Joylee]

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 ##

Immediately sell is only if the bounty from the company in which you took part, causes mistrust. If the project was good, then it makes sense to wait half a year or more.

[KolayZdun]

Tokens of new startups at the very beginning have a very low price because they do not have a finished product and no one trusts them. But if the developers will achieve a significant result, the price may increase tenfold. Therefore, you do not need to rush to sell the bounty award, because over time the price of the received tokens will only grow.

[organelles]

iI think you should hold on to these coins, you never know what value they might attract, the project might be a success and make you rich, so dont be in a hurry to sell off