Bounty Rewards: Sell immediately or HODL?

[BLAST2MARS]

It's always better to sell at the first week of its listing but you should also observe if your coin is getting so much hype to know if you need to hold it for a little while to get much profit.

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[coinholic]

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 ##

Bounty rewards should be held on to for some time until its market movement is stable and a good price has been established. Selling these rewards/tokens too soon will deprive us of a good profit. Tokens usually gain better value after a few months after their release. So holding these tokens is the way to go if we want to maximize our profit.

[ice098]

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 ##

Bounty rewards should be held on to for some time until its market movement is stable and a good price has been established. Selling these rewards/tokens too soon will deprive us of a good profit. Tokens usually gain better value after a few months after their release. So holding these tokens is the way to go if we want to maximize our profit.

For me its better if you hold it bcause sometimes you can have more profit from it than selling it immediately, but you're going to sell your bounty reward its better if you sell it when the value in the market is higher or increasing because you can get higher also higher earning so it means you should wait until the value rises before you sell it.

[Zveresk]

The half part I hold, the another part I sell if price is appropriate

[Ozero]

Almost any new tokens, which are first listed on the stock exchange, begin to depreciate at first. Many members of the generosity campaign try to sell them immediately, regardless of whether the token and its project are promising for its growth, or not. Indeed, in many respects this is due to the fact that the holders of the tokens urgently need fiat money to pay the bills. Therefore, in part, they are sold compulsorily, because of the circumstances and do not depend on the desire of their owners. Therefore, many ICO companies pay earned tokens to members of the generosity campaign in parts or block for some time their any movement from the wallet after payment.

[george_hured]

Personally, I always keep rewards for bounty, which I get to earn, I think that the projects will still be developed and they will still be able to raise their rates very much despite this deplorable situation in the crypto currency market.

[winterland]

I would Just HODL at least for a year, I have a special Wallet just for bountys.
Trying to build a nice portofolio.

This can play in your favor or this can play against you, most of the coins drop to zero in just a few weeks or months so you lose a lot of your effort, now there are also many coins that skyrocket so you could benefit it is difficult to know about the effect in your portfolio if you are able to select good coins then your best option could be to hold your coins for a long time.

[valnd]

Just like you said, you enter bounty for the fun of it and speaking creatively but alot of people enter bounty to earn a living. Things are hard in most countries of the world but believe me most people depend on bounty for a living.

[chutchmcgillicutty]

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.

Yeah, I view all these bounty rewards as lotto tickets.

I am a holder for sure on all of them. Some of them could really pay off down the line. If they crash and burn, whatever, I didn't pay for them. (Cause my time is worthless lol...)

 

[SGToken]

Many bounty tokens have a hard time to launch on any decent exchange. After a while I find myself sold most of popular coins and holding all the shitty coins.

[Hallmader]

As for me, I don't mind hodling my bounty payments for at least a year. After all, I am not in dire need of money to support my basic existence. I have the luxury to try to allow the project which I promoted to gradually accomplish their goals. It actually takes time for a project to reach their objectives, and along with this, for their tokens to acquire a higher value. But I also cannot blame some bounty participants to immediately dump their proceeds because they might be under the circumstances of need.

What I don't like are those people who are neither in bad need or in their right mind to immediately dump their payments, without even waiting for a little time for the coin to get listed in decent exchanges. Some people are really in a hurry. They are too impatient.

[Bakemat]

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 ##

Yes i absolutely agree on you, becayse if you hold the bounties like the token i don't think it is worth it and more earnings but you need to sell it or trade it in coin that you want then do the holding. The only thing we must hold in this is coin not the token because the coin have a rapidlyy changing state which the price is fluctuating

[HaekalZ]

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 ##

I always hodl whenever i got the token from the bounty, i never sell then immediately, it's because in my mind, i think that its price will rise if we hodl for a little longer, but the thing is, from my experience, almost all of my tokens that i hodl, their price keeps decreasing, so for now, i think it's the best move to sell them immediately if we don't sure that the altcoins are for long-term investment.

[Man21]

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

[cryptoscoope]

sell 50% and hold 50%

[acell101]

You were right, because of their lack of financial, they tend to sell their tokens if its the only way to help them in their financial problems,, just like me I am not rich so I will sell mine if I terribly need money and theres no one to run to,, anyways I am here to earn to support me and my family.

[danjonbit]

I've been in Bounty campaigns for quite a while now, and my thing is I am Holding all my bounties since then, it did take on the point that all my tokens are in its peak but I did not sell for it I know it will go high on upcoming months but the market hit its lowest value in previous months so I d ont have a choice for now but to HODL it for more months, so I conclude that it is not a loss if I hodl it because I did not pay it from my money, I did aquire it for my spare time doing bounties, but next time time I will be smart on it, Yes still I will Hodl it and will sell it in its first peak/highest value, just sayin

[healthcarep]

  "Hold is gold" according to cryptocurrency market history. so I believe this stretegy hardly. because I have a regret of selling my raiblock (nano) coin with so cheaper.

[Mainman08]

After i receive my rewards from bounty. I sell half of it if i saw the price is good. And i hold the remaining half. Especially if the coin they gave is good and have the posibility to grow in the near future.

[marcbitcoins]

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.

But there are lot of ICO now that they delay the distribution of the bounty because thinking bounties will make the price fall but still the price dip. This is because some of the investors in which they bought their coins during public sale at cheapest price with bonus but during token release to the market they rush to sell their coins too because price is now higher than during the sale therefore it is unfair that blame should be to the bounty hunters only.