Bounty Rewards: Sell immediately or HODL?

[lamacchia]

I will suggest that you should sell half and hold the other one. This way to learn how to become an investors. When you experiencing this, it will give you so much lesson and knowledge. It will increase your skill.

[Omnia Vanitas]

Life is a gamble. If you sell immediately you make a sure gain, as many coins lose value. But you lose the chance to make a big profit, if the currency explodes.

[Kunlejoe0]

There is no particular way of dealing with your Asset. It all depend on your price target, market conditions and how much you considered as a decent income. If you don't know what you want in cryptocurrency, you will keep making silly mistake.

[seramania]

when the reward from the bounty has a good prospect and potential we can hold, but if the potential decline we can sell and switch to buy another coin in order to get bigger and faster profits.

[m.vina]

My vote goes to SELL immediately. Majority of crypto projects are based on hype and eventually materialize, if they ever do, in a few years time. Before then, it will most always get dumped. Be wise and lock in your profits. You can always buy back in again when the price goes low. Those solid projects that skyrocket to the moon hardly ever post bounties anyway because they don't need it.

[target]

Life is a gamble. If you sell immediately you make a sure gain, as many coins lose value. But you lose the chance to make a big profit, if the currency explodes.

Losing a big chance to profit is what I fear the most which is why I sometimes regret selling the tokens I got. But somehow keeping the BTC I got from it made me feel at ease still. Its the BTC that's most important for some people that includes me. There are just coins that are hard to dump like EIDOO and waves that I kept for so long already.

[asuusa]

It all depends on the project. If the project is a weak or frank scam, then I immediately sell the tokens of this project. And if the project is good and promising, then you need to keep the tokens and wait for the development of the project.

[Socioman]

I've been doing bounty companies for 5 months. I have not yet sold my tokens. I want to see how much I can earn on this if I hold them.

[griezmann]

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 ##

My answer is both of them, if the coins you invest doesn't have bright future, then sell them immediately, don't wait, but on the other hand, if that coin you invest is for a long-term investment, then hold and wait, until it's price is going to the peak.

[netil]

I try to do 50 to 50. half of the award for the bounty, I sell immediately (because there are money needed), and half leave in the hope of future growth. With this approach, on the one hand you get real money for work, and on the other hand you leave something in investments

[Sevarchik]

Good strategy seling half on first day of listening token. Other strategy seling half when price giving your planned X(muktiple)
Example you expect from project 3x, and when he reach 2x sell half, then when price go selling one more time half, and 25% for future

[ThatICOguy]

I only really sign up for bounties I believe in. For that reason I intend to HODL these tokens until the projects are realised. Selling at the optimum time in a few years

[badykvik]

You have spoken the minds of so many where their bounties when accumulated are immediately disposed to put foods on their table, especially in those Economies where the poverty levels are on the high side. The decision to either apply this or not is hence saddled with the present situation of the users therefore. Many may also take this action where they observed that the Bounties Distributors are becoming weaker and weaker and would not want to become object of ridicule if per adventure this project hibernate suddenly or remain redundant leading to their coins to shit in the market.

[explosion]

Your remark is quite reasonable. Really, it depends (firstly) on the coins you get. Some of them are not to be kept on the market, some of them are the next Ripple or AION. Secondly, it depends on what your views on crypto are. People who are not used to such amounts of money just tend to sell everything and cash it out. In the contrary, people who know how to deal with money will hold or not depending on the market situation.

[svecki121]

If u have other better invest chance, u could sell it immediately. Now there is good campaign called CyberMiles. Its has a lot of campaign to celebrate its test network.
Its transaction fee is same as the NEO ---- no fees for transaction!!! The transaction only cost 10 seconds!!! The DApps of ETH could be run in the CMT net also. So that's why i recommend that.

[Charlie Prime]

I keep all the rewards received as a result of bounty campaigns. As practice shows - I could get more if I sold immediately after receiving payments. But I participate only in those bounties, whose projects are interesting to me and I will be inflated by the price increase of tokens in the future.

[MtheS]

Personally , I will hold 50% and day trading 50% to get more profits
HOLDING : If you believe in the project
DAY TRADING : is to get more profits..... you can use these profits to buy coins more

[West0813]

I usually sell my bounty rewards if it reach my desired value. And i don't sell all my tokens i make sure that i have some in my possession. For future purposes and when the token become successful.

[afterdark]

This is a difficult question, but very important. Usually the best strategy is holding. If one of the projects is successful, then it covers the lost profit from the rest. But this is all very conditional. It is better to understand the project, and make the right conclusion. If money is not needed urgently, then it is better to wait a little.

[iigor]

Good strategy seling half on first day of listening token. Other strategy seling half when price giving your planned X(muktiple)
Example you expect from project 3x, and when he reach 2x sell half, then when price go selling one more time half, and 25% for future

Sorry, but I don't think that, what you have described is good strategy.
In my experience is better to wait for a while and sell it out when you think it is the best time to do so.