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Author Topic: Bounty Rewards: Sell immediately or HODL?  (Read 7097 times)
amitkumratra
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February 17, 2018, 06:47:36 AM
 #261

According to me we should wait for a year to sell rewarded coins or until company fully executes there project in market or listed there coin on exchanges and price goes upwards and up to the price going upwards..
And if we urgently needs a money, then sell half of the coins and remaining coins stay on hold for the long time.
But Sell or Hold coins it is all depends on company future plans.
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imteaz
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February 17, 2018, 06:56:29 AM
 #262

It actually depends, some coin i would sell, if i believe price might fall, for example INS coin, when it releases on Binance, price was $12, but then dropped to $2, so those who sold that day, was able to buy back 10X times more. And yes most of the coin will give you more profit, if you hold 3 to 6 months.

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February 17, 2018, 07:01:03 AM
 #263

The rewarded coins with great potential in future, definitely HODL them. About average coins/tokens sell them if you feel it's a good time to sell.

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chachadelacruz2018
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February 17, 2018, 07:07:24 AM
 #264

If it's not for your life, don't sell it right away. I suggest holding your token, and it will give you more than five times as much.
i agree with you .☺
globalcitizen
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February 17, 2018, 07:16:40 AM
 #265

When I got into bounty newly about the third quarter of last year, I really never cared about HODLing any coin from bounty rewards rather was focused on making instant income from them, thus selling early. But now, I am a bit experienced and can now separate good coins from the not so much good ones and can now HODL those I believe in. As a starter the focus was to earn regular income from bounty, but as time progresses focus changed to making increased returns from bounty rewards.
martin1221
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February 17, 2018, 07:25:17 AM
 #266

Better to hold those bounty rewards mate,  just wait when the time is really high. You can sell when demand of that coin is high because as many people wants it, prices will go up. Just wait for those people who sell their rewards have been finished.
grumpylittlepoodle
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February 17, 2018, 07:53:53 AM
 #267

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.

True, specially if the ICO you joined turns out to be a success its tokens tends to double in a couple of months or even weeks. My friend had sold his recent campaign rewards asap and turns out to regret it because the price of the token doubles up in just a few months. If you can hold your rewards and don't need an immediate cash out then just hold your token rewards for the time being.

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February 17, 2018, 08:01:39 AM
 #268

If you have enoungh money for your daily cost of living them why should you sell your bounty in hurry. For me if you have a good work that you can earn enough money to sustain your daily needs then its good to hold you bounty coins or tokens then sell it if you realy needed money in the future.

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February 17, 2018, 08:17:50 AM
 #269

In my opinion, it depends on the project of the coin. If the coin has the potential in the market and the ICO had a successful crowd sale I'll probably HODL it but if the coin is not that worthy of holding I would sell it 3 months after they gave the reward.
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February 17, 2018, 08:17:50 AM
 #270

When I got into bounty newly about the third quarter of last year, I really never cared about HODLing any coin from bounty rewards rather was focused on making instant income from them, thus selling early. But now, I am a bit experienced and can now separate good coins from the not so much good ones and can now HODL those I believe in. As a starter the focus was to earn regular income from bounty, but as time progresses focus changed to making increased returns from bounty rewards.

I see myself to you brother because as soon I received my bounty I easily dump it and convert it to bitcoin but when I saw the coin that I sold gets pump I'm just so devastated and thought that maybe I should change my strategy.  And now I'm holding every coin that I received in at least 6 months as I observe that the coin pump after it gets listed to some major exchanges and after they completed its phases.

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CryptoCoin8487
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February 17, 2018, 08:21:57 AM
 #271

For me i just keep holding my bounty tokens and not sell it unleash i realy need money just keep it and hold until the price goes up and wait for a good chance to have a good profit.

Daniel9140
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February 17, 2018, 08:24:54 AM
 #272

Since its a free coin, you can decide to hold it if the team are doing well and the value proposition is good.
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February 17, 2018, 08:26:11 AM
 #273

its a good thing to hear that in in unemployment areas they could make a living by cryptocurrency, I appreciated crypto although other countries and peoples discredited crypto. And all I want to say to those who helped by crypto by earning some money for their living, keep fighting and learn more and more.
dragonhunter11
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February 17, 2018, 08:26:43 AM
 #274

I think it's really like a lottery thing.

At the beginning, you will never know if the bounty coin will become bigger or not.

If you sell it early, you will get fast money but might be small.
mikaeltomcruz12
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February 17, 2018, 08:30:08 AM
 #275

Its depends on what your campaign supporting, because other token wont affect the market value of the coin in bounty distribution.In that case you can hold your coin.
LeoSys
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February 17, 2018, 08:30:58 AM
 #276

I would hold all ICO airdrops and bounties.
kendra1107
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February 17, 2018, 08:39:20 AM
 #277

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.



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It is best to hold those bounty rewards until they reach a reasonable market value. It is not practical to invest our time in completing a campaign and then selling those rewards outright! I mean, we have been patient in participating in these campaigns, why not extend it further until the value hikes? Isn’t that the most practical thing to do?

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February 18, 2018, 08:49:02 AM
 #278

One should not sell bounty rewards if want to be millinery.  But you may sell some rewards to fulfill your basic needs not for converting into fiat money.

cryptowye
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February 18, 2018, 08:57:36 AM
 #279

Bounty programs are double edge sword for ICOs, understandably most bounty hunters would sold off to cash out. But i actually saw many good ico prices actually quite stable post listing, they company have to proactive with their bounty communities to build up greater hodl aspirations.
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February 18, 2018, 11:38:00 AM
 #280

For me, I most likely HODL than sell. Because I already learned from my past mistakes. As soon as I received my token, I easily sell it. Then I saw that it pumped and I regret selling it immediately. I'm just so devastated, I didn't control my emotions. I was too excited to get my money, I'm not even in need of money that time. But now, I already know what to do. I changed my trading strategy and improve my technical analysis.  We should not panic sell, we should sell when expensive. Just watch how the prices pump and dump, wait for the right time. If you really need money, then sell immediately. If not, don't.

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