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Author Topic: Bounty Rewards: Sell immediately or HODL?  (Read 7102 times)
shoreno
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April 05, 2018, 12:17:52 PM
 #921

I like to hodl my bounties because even if they drop in value, I normally trust the projects and that is the reason I am doing the campaign in the first place, go lambo or die.

same here. I do also kept my alts  and tokens that i got from a bounty because they always starting to get a low price right after you obtain them. that mainly happens because aidrop and bounty hunter usually dump their coins after it got listed or whenever the ico have ended.

Hodling is verry benefecial but not all coins that you hold can guarantee a good price in the future. Majority of them are still worthless and have only a little to less value.
Clearstream
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April 05, 2018, 12:32:48 PM
 #922

most of the time i will keep my bounty . i will look at the propress of the project . if the project constantly updated progress, i will hodl coins . if the project has no news for three months , i will sell coins .
ujinice
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April 05, 2018, 12:37:28 PM
 #923

At this moment when Ethereum is very cheap, it is a good opportunity to change the tokens of doubtful ICOs at ETH, and hold on tokens those projects in which you are sure.
Bybox
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April 06, 2018, 12:53:22 PM
 #924

I think it depends on the project and how confident you have in the project. Personnally I think it depend on the project some of them are best to sell immediately while other are worth hodling for few years. If you receive a lot of tokens then you can sell it 50% and hold the rest thats what im doing from my bounty income.
AliKooks
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April 06, 2018, 12:56:40 PM
 #925

For example, when I have heard about WeLocal Bounty, I decided to participate immediately. I don't want to lose money that can be mine.
alexandrofff
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April 06, 2018, 12:57:28 PM
 #926

For example, when I have heard about WeLocal Bounty, I decided to participate immediately. I don't want to lose money that can be mine.
My decision was the same to LuckyToken Bounty Airdrop
oneirozwis13
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April 06, 2018, 01:12:44 PM
 #927

From what I have seen, coins often plummet after being listed on an exchange, this is a great opportunity for a few reasons:
  • If you hold the coin and want to totally cash out, selling immediately will often give you the best short-term price, by a significant margin.
  • If you want to hold the coin for the future, you could sell half or more of your holdings and buy back at a much cheaper price a few days later.
I don't think it's wise to simply hold through the mass-selling period, it can be a great opportunity. Or if you think the project has a decent future, you can pick up more coins/invest in the coin when it hits rock-bottom after the first days/weeks.
sangalangdavid
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April 06, 2018, 01:23:32 PM
 #928

I will still depend on the value of the coin in the market. If the value of the coin is good and high, I will sell it because I might lose the opportunity to sell it in a high price. But if it is low and I do not need yet the money, I will choose to hold it because I know that the price of my reward will boost up to the moon because I trust every reward I got.

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idgaf007
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April 06, 2018, 02:20:36 PM
 #929

I would sell the half and hold the rest for a couple of years if the project is good and I believe in it. You need to reward yourself so that you will be able to hold the rest of your holdings without regrets if everything goes bear.

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April 06, 2018, 02:31:27 PM
 #930

Do not sell bounty tokens for cheap or below ico price, i personally like to sell at a much higher pricethan ico but mostly i have to wait for few months to find a better price.

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hendra12
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April 06, 2018, 02:33:58 PM
 #931

Maybe if there is have a potential from the ICO who give you a bounty. I think a better way is hold that bounty. And if you see the ICO not going to success you can sell that bounty.

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LUCKY21
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April 06, 2018, 02:35:21 PM
 #932

It all depends on the coin. Some coins need to be retained, and some can be sold immediately upon entering the stock exchange. Everything depends on the project. You can sell 50% of coins, and leave the remaining 50% for a long time.
mandibleclaw
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April 06, 2018, 06:26:27 PM
 #933

Maybe if there is have a potential from the ICO who give you a bounty. I think a better way is hold that bounty. And if you see the ICO not going to success you can sell that bounty.

Of course you must research the ICO's signature you're going to wear, if you just choose an ICO without potential there's a big opportunity that your tokens will be close to worthless

Dark_raven007
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April 06, 2018, 06:41:36 PM
 #934

I do not do bounty for a long time. But I have already estimated the advantages of HOLD. It brought me much more money than selling right away. But everyone has their own views and everyone thinks differently
topchiiy86
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April 06, 2018, 06:46:47 PM
 #935

Most of traders hate bounty hunters as they usually dump every coin they get. So when I get a bounty reward I usually wait until the price gets up after dump, and sell only half of my tokens if I believe that project has a good potential. But when I get more and more coins it becomes harder to monitor all of them, so I can start selling to reduce this number.
Kahoy01
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April 06, 2018, 09:14:21 PM
 #936

If you want to immediately get your profits without any alteration or changes on its price I suggest you sell and convert it right away after getting it from your ICO. Otherwise if you wanted to gain more than what you have earned I suggest you hold it especially when the price is green. You could expect an increase in those points in time. Here are the suggestions I have told you. It is now up to you whether you sell it or hold it.

icol333
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April 06, 2018, 11:41:43 PM
 #937

Mostly, some coins hit a smaller market first before aiming for the big one. And the price itself is also different too because of the volume and the user's interest. Some big player prefers to trade in the big market, so it can be more profitable compared to the small ones.

For me, I mostly keep one or two coins in my pockets and sit 'em down until they hit a big exchange. And the coins that I hodl is the coins who got a high ICO raised, because of its potential to rise.

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Tosin12
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April 06, 2018, 11:59:31 PM
 #938

For me I see bounty reward as an opportunity for me to invest in digital currency in as much I cant afford to invest money into it for now because future is all that I'm looking forward to and if after ICO the projects developers implement fully their roadmap it will worth the while and better my lot in the long term process
lifengpu
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April 07, 2018, 12:04:10 AM
 #939

usually a reward after the generosity campaign I hold for a long time to sell them at a higher price
laserfocused
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April 07, 2018, 12:31:42 AM
 #940

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 depends on the ICO. If you have a super star hq ICO, Then hodle like a mofo.  If it is suspect or average sell on the pump out of the gate.
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