Bounty Rewards: Sell immediately or HODL?

[Marine8]

For bounty rewards, i think the best way to deal with them is to sell immediately you get your rewards. You know why? This is because, if you dont sell, other bounty hunters will definately sell theirs and bring the price down. So sell immediately and buy later when the others start dumping. This will probably let you buy more of the same tokens and make some profit as well.

[BeEvil]

If I believe that some of the projects will develop and have at least some advantage in their ideas, I will sell only part of the coins, the rest is just to keep!  All other awards will sell as soon as they enter the market!

[bimbie]

I still dont have my reward from the bounty campaign i joined but probably i will sell some of them to spend for our daily needs and save some if ever the price will go up.

[matthewio]

You are correct to note that some persons are really in need of the cash and thus offload their coins.I don't do that.I normally HODL atleast 30 percent of my reward.It is my way of saving for the future.They are some I don't touch at all.HODL is how the rich play the money game.I learn from them

[patrickj]

I more often than not offer it on begin since more often than not we get our abundance remunerate about a similar time when that coin is recorded on some exchange,then get it back at least 50 % bring down costs when it moves it ico witdrawal stage.This way despite everything I figure out how to keep my coins and still turn out from it with some reward cash.

[alani123]

I think that in the long run, it's riskier to hold those rewards. I'd only hold a portion even if I believed in a project's potential. However, in the event that the token doesn't get listed in a big exchange following the ICO, I think that it'd be worth waiting for a better exchange listing if it has been announced. If there's no announcement it could be judged by volumes as exchanges like to list tokens with big volumes and activity.

[sunniechance3]

I think you should hold for little bit more, so that market is stable and altcoin are in power again. There is perfect time to sell your bounty rewards you just need to wait for that moment.

[Yamakuna]

For me when I receive my bounty rewards I automatically think of selling them specially if the price is reasonable or if I think that the price is equal to the amount of work I have done. I also sell my coins immediately specially if I need the money to pay bills or buy my needs. But whenever I receive my rewards and I don't necessarily need it right away I HODL my coins for a little longer in the hope that it will rise in price and I would gain huge profit from it.

[anti76]

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.

[clarkey2013]

Let me know how long should hodl if it's worth it. Many times i try to hodl to get a high value, but i really can't stabilize the emotions when looking at the price of dump. Until this incident made me continue to sell as soon as possible if get it. someone's needed also being a factor why should be releasing soon.

[eltito]

You can answer this questioin by yourself. Just pick randomly let's say 20 bounty campaigns and look at how the price has evolved over a period of 6 months and 1 year. Then you'll realize the only way to make good money with bounties is to hold. But take the time to do this study and you'll see, it is interesting.

[BogdanTI]

I allways hodl my bounty rewards.
A good bounty to start is a new exchange.  You  take it from zero and you earn assets by joining bounty programs.
I'm into bitpaction.com . They have bounty and ambassador program plus multiple events and their exchange when adding new coins.
And if you hold BPS can be a good advantage in trading fees and airdrops.Take a look here: https://bitpaction.com/#/events/competition

[kololo]

It depends on the bounty campaigns. There are some that I think could really increase.

In this case, I usually keep the total reward. But others, well I am not really sure that the price will be much higher a day, in this case , I prefer sell and buy other altcoins.

[Luna0120]

 As the experience of many participants of the bounty is better not to hurry to sell the tokens. Only after the release of the finished product can you expect a high price.

[24Kilo]

I think it depends on the bounty program, but I usually stay for at least 3 months to better understand the future of the project.

[Mapagmahal]

I think it depends on the bounty program, but I usually stay for at least 3 months to better understand the future of the project.

That's my style too it depends on which bounty i join. Some of the bounty if they succeed in icos and post ico like having a good development of the project. It will likely have a good price and with that i plan to hold it for a long time but when i see that it has no good future i will sell it quickly to profit.

[metribitcoin]

This is depend of the price of token,.if  the price when distribution higher than ICO price, i will sell it to get profit and buy other coin, but when the price below ICO price i just hold it until minimum going up to ICO price. But when i have time to trade i will sell it though the price below ICO price and trade with other potential coin.

[madushanperis11]

Your point is correct to some extend as I feel. Some people are doing bounty hunting to make living, so they need the tokens in their hand as cash as soon as possible. As I think, now this has become a kind trend. When I talked with some friends who do not have to make quick money to make living, they said, they know that the price will go down just after coin release. What they do is, sell quickly and buy again at lower rate to increase the number of tokens they have.

[steve321]

Selling or holding tokens is not an option, but a decision, because not everyone has economic power, so sometimes it needs to be the obligation to perform, and a solution is to sell tokens at very low prices.

[saqibmunir]

Selling or holding tokens is not an option, but a decision, because not everyone has economic power, so sometimes it needs to be the obligation to perform, and a solution is to sell tokens at very low prices.

I think for me 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?