Bounty Rewards: Sell immediately or HODL?

[Vask]

I did not get enough coins yet, but my principle is this: if I do not believe in the project, then I sell all the tokens or 80% all at once and throw these funds into my portfolio with the tokens I have chosen for investment. If the project is successful, then of course I keep it and, if possible, buy it!

[Sartrute]

I do not see the point of selling tokens if they did not grow at least 10-20 times. I think that this is a win-win lottery ticket - the price will not go down below. You can always sell if there is a need. There is a high probability that the project will develop and the price will increase.

[moonami]

It depends on your need at the particular time but what I can say is that you can sell half of your bounty reward and hold the other half for profit.

I agree with you. I usually do that when I get my bounty rewards. I always sell the half of my rewards and keep the remaining; I came up to this to have an assurance regarding to my profit.

[icol333]

It all depends on your style of "bounty hunting", for some people who think that the coins that they got from the campaign have a potential rise in the future, so they will hodl it. But for some people who need a quick cash, they will sell them after the coins hit the market (a.k.a dumping).
For me, 80/20 sell and hodl ratio will do.

[Maheshkumar_Hrangkhawl]

It depends on your need at the particular time but what I can say is that you can sell half of your bounty reward and hold the other half for profit.

Normally when I get my bounty reward, I immediately sell 40% of the tokens. After 1-2 weeks, I sell a further 40%. In most cases, I would keep the remaining 20% of the tokens for the long-term. This strategy has worked for me 90% of the times.

[zedrickjuls]

honestly,I didn't hold my bounty rewards,as soon as i get it,i immidiately sell it because i really need money for my schooling because this is the only way for me to help my parents.

[iamsether]

I do wish I've sold the rewards I got but unfortunately I hold on to it until the end then the dev runaway leaving the coin with no value now. I guess next time I got a bounty reward I should sell it after a month or so, so that I can still profit from it.

[Xiao Mei Mei]

if I am private, the coin I get from bounty I will sell and replace it to coin NEO, because I believe NEO has more future.

[darkphoenix2610]

I'm just just sell 50% and then hold 50% of it then wait until it pump or when I'm satisfied on the price of the token and if you didn't sell it sometimes the value of the token becomes nothing if i we're you I will make a research about the project if I'm going to hold it for a long time or sell it for the short time the key for the success are hardwork and patience.

[magirk]

I've just started doing my bounty companies and I think that in most cases I will change new tokens for tokens of other projects. But of course in depends of some factors, such as quality of project, their team, roadmap and others.

[rammanbl4]

If you are confident with the project that it can grow potentially to the fullest in the future,the best thing to do is to hold until the develoepers has fully developed the coins,which may take a couple of months or even a year so then the price of your tokens would be huge

[Kosscoin]

I'm just just sell 50% and then hold 50% of it then wait until it pump or when I'm satisfied on the price of the token and if you didn't sell it sometimes the value of the token becomes nothing if i we're you I will make a research about the project if I'm going to hold it for a long time or sell it for the short time the key for the success are hardwork and patience.

I finally did not make a decision to keep the tokens or sell them immediately after receipt. The question is complex because you do not know which of the coins will show good growth and which will remain at their previous level, and some may lose in value. At first I thought to keep all the tokens, but now I think that I will sell part of the tokens and some of which I am sure to keep and wait for their growth.

[Jonnitor]

It depends on your need. If you urgently need money you can trade your bounty rewards unless it is listed in some exchanges. If it is not yet listed in the exchanges then you should hodl it until it comes to live. But hodl the bounty rewards until it pumped and reaches your target price.

[tbterryboy]

If you are confident with the project that it can grow potentially to the fullest in the future,the best thing to do is to hold until the develoepers has fully developed the coins,which may take a couple of months or even a year so then the price of your tokens would be huge

If I do not have confident on one project then definitely I will not engage myself into their bounty campaign. Yes, I always prefer to hold the bounty rewards for some time so that I can get the maximum benefits but this will be subject to my cash needs. If I will be having plenty of money in reserve for my needs then I will definitely will not touch bounty rewards. But practically I need more money than what I do earn from bounty campaigns hence holding for longer period is not possible for myself too.

[左]

It depends on the situation, but people don't buy into ico to sell at the lowest or at the ico price. So I'd hold.

[MartoValenti]

For me it depends a lot of the project, that a participated.
If the project is promising, but at the moment they do not have a ready platform, I will rather hodl, than sell. If there is a ready platform and depending on their road map there is no major thing in the upcoming 3-6 months -> seeeell

[Bergiolia]

I fully recommend to bounty hunters that they should hold all their bounty stake tokens because in the near future they will all pump up.
I've been participating signature and other bounty campaigns in this forum since last year on 3rd quarter and I received bounty stake tokens every month but I never sell them whenever they hit Crypto Exchanges as what most bounty hunters do. I always keep them always on my wallet because they're indeed pumping since I first have them.
Today, I am proud holder of over $52,000 worth of crypto assets and they're still pumping.
I had predicted that my Crypto Assets holdings would pump up as high as $150,000 to $200,000 by the end of the year and for me it's enough.

[radjie]

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 ##

It would be nice to sell half of the tokens we have at the right time, and some of them we hold for long periods of time, but first we should be able to see future prospects about this token.

[mammoniter]

Hold! I've had made a huge mistake and regret it really bad by selling my bounty reward as soon as I recieved it and now its value is doubled not to mention also ethereum. I would've earned triple the profit compared to my first trades which is a hard taught lesson for me.

[Bergiolia]

It depends on the situation, but people don't buy into ico to sell at the lowest or at the ico price. So I'd hold.

I agree and it all depends on the situation.
We better hold our bounty stake tokens if we don't know how to trade or while we still have no courage to sell them and buy some coins that has the potential to be the next top altcoins.
We should choose to hold if we care for our future and our Crypto Assets would help ur reach our goals in life.
I am holding Oyster Pearl PRL since November until today and I am holding more than $52,000 worth of Crypto Assets.
I have no Crypto Assets today like this when I decide to sell them off after they hit Crypto Exchanges last December.