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Author Topic: Bounty Rewards: Sell immediately or HODL?  (Read 7097 times)
green.grass38
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June 23, 2018, 10:20:40 AM
 #1861

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.
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baeva2
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June 23, 2018, 10:33:49 AM
 #1862


I rarely sell my received awards. I only sell from projects where I do not trust the team very much. Usually I hold and wait when there will be a lot of growth.
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June 23, 2018, 10:33:56 AM
 #1863

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 Started the same month as you. Cheers!
And The Criteria for high unemployment fits my area.
Not to mention, i belong to that group.
At First i sell my tokens straight away. Of course to provide for my family and pay a lot of bills.
But i came to realize, later. That Hodling is way better than selling it immediately.
At this time i just keep on hodling. Some of my tokens are at exchanges but i never sell them at the moment.
unless its an emergency, i would sell them.
Gleborg
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June 23, 2018, 12:00:37 PM
 #1864

It is better to sell immediately after the token is added to the exchange. Because most coins are cheaper after ISO and only a very few tokens become more expensive.

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June 23, 2018, 12:35:01 PM
 #1865

For me as I make bounty campaign for extra income my strategy is to sell my part. But what I do is to check first the earning. Then I just exchange what I just need and hodl some for long term goal where I know I will profit on it.

RGMan
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June 23, 2018, 12:40:36 PM
 #1866

I have already made sure that there is no single solution. I need money - then I sell. I see that the fall - I'm selling. I see that I grew up and gave X - I sell. To hold better traditional currencies, such as the Etherium and Bitcoin.
viva95
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June 23, 2018, 12:43:17 PM
 #1867

It's quite hard desicion what to do with bounty rewards - sell or hold. First of all you should estimate the project if it looks perspective you can hold all rewards or most of it. If the project isn't good and it's team works bad, then it's better sell all tokens immediately.
o12mxasd12
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June 23, 2018, 03:46:20 PM
 #1868

From what I've seen, many coins after being listed on exchange get dumped and have a dip in price. You have to realize a lot of bounty hunters are pretty experienced, so they could sell immediately, and then wait for the dip to buy more coins. They're probably not giving up on the project completely, just trying to buy the dip.
Niklomn
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June 23, 2018, 03:51:46 PM
 #1869

It all depends on what kind of company it is.  If a bad company, it is better to immediately sell coins and profits to invest in more reliable coins.
eydrea
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June 23, 2018, 04:11:45 PM
 #1870

If you will ask me, i would consider holding my rewards if its worth holding. There are some bounty coins or tokens that are good because they have a huge community. Having a huge community is a big factor to make a project to be successful. If my bounty reward/coins is like that i would rather hold it. But it is rare to have a coin with such a potential to be good. If you think it is worth to hold because it can surely go high in a matter of time, hold it. But if you think it is a bad coin, sell it fast before it hit the bottom.
neontro
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June 23, 2018, 04:22:24 PM
 #1871

I prefer to stick tokens for a long term.  Especially now, when the market is unstable and the price falls every day.
HolderLoo
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June 23, 2018, 04:28:53 PM
 #1872

Depending on the time, market situation, roadmap for the development of tokens in the project. If at the present time, you should not sell them but instead buy more. They are cheap. You have more opportunities if you hold at this point. holding to the end of the year, you will see the difference in price.
munify
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June 23, 2018, 04:35:17 PM
 #1873

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 ##

Hold the token you get to get better results. Do not be too hasty to sell unless you really need money. The longer you hold the token the token value can increase higher.

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adamreb
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June 23, 2018, 06:03:33 PM
 #1874

Personally, I prefer not to sell my earned coins. But for such a solution you need to find your own project, in the development of which you really believe.
Pintadj
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June 23, 2018, 06:06:05 PM
 #1875

Look for this great coin PRIVCY, they have 10 circles of airdrop and paying very good.
ynclksnr321
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June 23, 2018, 06:06:19 PM
 #1876

It's very unreasonable to sell. The most sensible thing to do in Bounty awards is to constantly buy and sell on the first exit and increase the number of tokens in your hand. Thus, you can increase the number of tokens that have been handed down to very large numbers.
weeklyeth
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June 23, 2018, 06:10:06 PM
 #1877

bounty rewards is best to hold for the long term instead of selling then we won't earn any income bounty tokens are also asset only when we hold those coins we can sell these coins at bullish market
Kosmolet
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June 23, 2018, 06:41:25 PM
 #1878

When the market is unstable as it is now, it is better not to immediately sell coins.  You will lose a good profit.
vladimirhf
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June 23, 2018, 06:56:51 PM
 #1879

hold the good ones. I join many airdrops but I'm more selective for bounties, I choose the ones I really like.
mdenys
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June 23, 2018, 06:59:42 PM
 #1880

I prefer holding,if I join any bounty campaign it means that I do believe in this project,in its successful future,so I dont sell coins immidiatelly.I am going to keep them for at least one year.
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