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Author Topic: Bounty Rewards: Sell immediately or HODL?  (Read 6545 times)
aussiesloth
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February 12, 2018, 03:32:23 AM
Last edit: February 13, 2018, 03:31:46 AM by aussiesloth
Merited by Hallmader (1), cpoer2011 (1), Rabi3 (1), KylesmomisaB (1)
 #1

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 ##
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February 12, 2018, 04:02:47 AM
 #2

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.

Half sold, the rest is HODL. sell at the right time, for example when the Token is listing to the exchange.

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February 12, 2018, 04:04:24 AM
Last edit: February 12, 2018, 04:26:25 AM by BitRentX
 #3

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.

My country fits the description so I'm going to comment on this. And you're right, they don't even hold Bitcoin so why would they hold any tokens they get from some bounty campaigns? Yes, they need the money so they'll just sell their rewards for some ETH then sell it for some cash. Even when so many people say that their tokens will rise in value. They're still young though, most of bounty hunters I know is ranged between 18-25 yo. So that's also might be the case why they're always sell their rewards right away.

And same with me, I got my first token from an airdrop last month (POLY) and sold them yesterday when I finally understand enough about how Etherdelta works. Even with BTC -I get paid in BTC monthly by some company- I almost never hold it for long even though I don't need the money at all. Thus saving some coins every month will be my resolution of 2018.
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February 12, 2018, 04:10:25 AM
 #4

If you strongly believe that is a really good project (good coin/ token), you should hold at least 1 year to multiply your profit
Otherwise, sell it all.
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February 12, 2018, 04:13:17 AM
 #5

If you strongly believe that is a really good project (good coin/ token), you should hold at least 1 year to multiply your profit
Otherwise, sell it all.
Yes your right but if the coin/token are not good for you you need to sell it, and make it research also to make more idea.
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February 12, 2018, 04:29:30 AM
 #6

If you strongly believe that is a really good project (good coin/ token), you should hold at least 1 year to multiply your profit
Otherwise, sell it all.
Yes your right but if the coin/token are not good for you you need to sell it, and make it research also to make more idea.
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. Or if you find that your project is no longer functioning, it means that they will not have the potential to be on the big floor. Sell them now.

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February 12, 2018, 04:41:26 AM
 #7

Sell the token or hold it are all the reasonable choice for a guy. For me, I joined a lot of airdrop or bounty in 2014,  such as mooncoin, faircoin, enerycoin and a lot of other coins.

Some of them I hold not long time, some not.  When I check them in last years. I found nearly 90% of them are not "exist". No treading and no one care about that.

Only a little coins are still alive and give me great return. So I can't say sell or HODL which is a good choice, it is depend on probability.
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February 12, 2018, 05:00:16 AM
 #8

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. As I see it the more coins/tokens I have the bigger chance it is I will be filthy rich one day..lol
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February 12, 2018, 05:01:47 AM
 #9

Better hold, cause almost all bounty hunter who get free token will sell their imediatly and will make the price fall. If that coin or token really worth better hold id until the price go to moon.
mrproblem
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February 12, 2018, 05:04:40 AM
 #10

IF there are 1000 bounties and 10 of them are valued so this means you have 1% chance to have a valued token in your hand.
Also In the other part in the first week of exchange time of the token, its value is increased to 300%  its described token sale price may be.. This is true nearly for more than 95% of tokens.
So selling immediately is not even related with age or experience it is just about facts and need of money
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February 12, 2018, 05:08:57 AM
 #11

frankly we do not want to sell assets, but we must meet the needs as you have said. but I only sell reward from campaign social media, reward from my signature always hold and I will sell it if the product of his project is launching and running.
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February 12, 2018, 05:15:02 AM
 #12

It depends on our choice on how we run our tokens. It simply goes into two ways that when you hold your coins but it goes to wasted or be dumped in the future you are the one will suffer. And if you sell your coins now at low price, then the price of that particular coins will rise into 5 times  in the near future you are the one who will regret. All your decisions may you have to take a risk. But the best thing you have to do is to sell a half of it for the bills and other needs. And the other is to hold because it really gives you a good profit when the time comes the value of it will rise. Or if not, you have already availed the half of it, not throughly lost your money. However it is not you personal money, you can join another bounty campaign and you can earn tokens again.

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February 12, 2018, 05:18:51 AM
 #13

It depends on your own, generally speaking, I see I will participate in the bounty thread, so after the token issue, I would not be the first choice to sell, I will choose to hold, because I liked the tokens, and participate in the bounty thread get tokens, low cost, holding long-term is worth it.

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February 12, 2018, 05:21:04 AM
 #14

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 ##

Sell when it is the right time to sell. If not im always HODL it. and maybe if you want to sell it depends on your needs.
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February 12, 2018, 05:21:20 AM
 #15

For me bounty rewards is worth holding.. Most bounty coins or tokens are good project they have ico huge community and that is one big factor to make one project succeeed...  For me its more profitable than airdrops too.. So ill choose to hold fo a meantime..

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February 12, 2018, 05:25:44 AM
 #16

I always hold my earned tokens after bounty campaigns. For me it's a best strategy, that give much more profit, than if I sell them over immediately.
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February 12, 2018, 05:29:11 AM
 #17

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 ##
You get it for free and then it that worth some bucks and you can try to sell it. Remember there is so many bounty tasks and you can try to earn them all again. This to secure your amount. But the result will depend on yourself about that my friend. But the majority of bounty hunters are selling all of their coin asap.



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February 12, 2018, 05:42:37 AM
Merited by Thanasis (5)
 #18

Sell the token or hold it are all the reasonable choice for a guy. For me, I joined a lot of airdrop or bounty in 2014,  such as mooncoin, faircoin, enerycoin and a lot of other coins.

Some of them I hold not long time, some not.  When I check them in last years. I found nearly 90% of them are not "exist". No treading and no one care about that.

Only a little coins are still alive and give me great return. So I can't say sell or HODL which is a good choice, it is depend on probability.
You are right,many coins will fade away when the years passes,so it is better to sell our bounty rewards immediately,normally the price of many coins will fall from the ICO price when it get listed on exchanges.
So we can sell our bounties immediately if we are in immediate need or we can sell our bounty rewards for the potential altcoin like ethereum or other,so we can hold it for long terms.

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February 12, 2018, 05:46:35 AM
 #19

Selling right after the end of ICO is not profitable at all, because it is time when almost all bounty hunters rush to sell, thus making the price go down. I suppose it is better to give a token some time for the price to get back and then watch it out.

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February 12, 2018, 05:48:06 AM
 #20

Sell the token or hold it are all the reasonable choice for a guy. For me, I joined a lot of airdrop or bounty in 2014,  such as mooncoin, faircoin, enerycoin and a lot of other coins.

Some of them I hold not long time, some not.  When I check them in last years. I found nearly 90% of them are not "exist". No treading and no one care about that.

Only a little coins are still alive and give me great return. So I can't say sell or HODL which is a good choice, it is depend on probability.
You are right,many coins will fade away when the years passes,so it is better to sell our bounty rewards immediately,normally the price of many coins will fall from the ICO price when it get listed on exchanges.
So we can sell our bounties immediately if we are in immediate need or we can sell our bounty rewards for the potential altcoin like ethereum or other,so we can hold it for long terms.
It's true that many tokens go through one year, two years later, and then this token is likely to go to zero.
So the best thing to do is to sell them as soon as possible and convert them into BTC and ETH.

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