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Author Topic: What do you do with the rewards you received?  (Read 6745 times)
gurunanakji777
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April 04, 2018, 08:52:56 PM
 #421

Basically it depends on coin to coin or project. If the project all target meets out I would rather choose to hold I will not make hurry to sell because there is more probability that coin will rise good in future If we keep patience. But I never sell my coin instantly I received. I always wait even most of the bounty coins I am holding in hoping that one day that will give me a good profit So I am holding it. Even your friend also gives you good advice to place sell orders if it triggered that will give you your desired profit.

Mypanara19
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April 04, 2018, 10:16:26 PM
 #422

Either sell or hold depending on the price in the market if it's already worth selling. I base my target price for selling my reward tokens from its original ico price or at least  little higher from ico value to get good gains and earnings.
Mrjitter
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April 04, 2018, 11:36:18 PM
 #423

it all depends on what is the price at the time of the release of the token on the stock exchange, but in most cases I keep it for several months
n3r0srome
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April 04, 2018, 11:42:11 PM
 #424

I save all of my rewards from staking. With Ark, the more I have the more the rewards will be. Compounding interest is a powerful tool.
Nagrogflaz
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April 05, 2018, 12:38:56 AM
 #425

I received a token from bounty and because the price is now down and unstable then I hold them in my wallet for some time and have not planned on sending them to the exchange until prices start to improve again, I think that's the best for me

retrend
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April 05, 2018, 12:44:43 AM
 #426

I try to sell them as soon as they go to the exchange. If you do not immediately sell them, then you can have problems and have to wait a very long time

I don't think this is the best strategy. Usually the price drops when everybody is dumping. IMO holding it for a while is a lot better.
In 90% of cases, you can sell it right away, and in a couple of weeks, buy at least 2 times cheaper
rh72
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April 05, 2018, 01:51:34 AM
 #427

I get reward from bounty campaign. Paid with altcoin. So, from altcoin I convert to ethereum. And I will make cash before I use it for transaction.
Lyne1982
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April 05, 2018, 11:17:51 AM
 #428

What wil I do to he rewards, I sold it immediately once there is exchange rate, since the token is especially designed to that bounty, the price might drop it the future since the bounty already finished.
alrez
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April 05, 2018, 11:43:54 AM
 #429

I will as soon as possible sell the coins I get from airdrop. Because I am in need of fresh funds. Later when my finances are improved enough I will follow my friends' suggestions to store coins in other forms, meaning to be redeemed first into btc.
aiza2007
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April 05, 2018, 11:52:55 AM
 #430

store coins in other forms, meaning to be redeemed first into btc.they are in that bounty how much they give your reward  somewhat, you are great luck.
gokhan17
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April 05, 2018, 11:55:26 AM
 #431

I sell it right now, because we're waiting for a lot worse times
cool kong
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April 05, 2018, 12:27:54 PM
 #432

Generally speaking, I will hold the award for the long term. Because there's no cost to the reward so it's worth holding for the long term.

Creating N Action
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April 05, 2018, 12:31:41 PM
 #433

After I got my reward, I hold it because there's a time that the price goes down. And then I just wait until the price recover to sell it to make a profit. Sometimes, I trade because I also want to have a new coins so that I can try it and to know what coins are best today until the end although everyday the coins are changes by it's price.

luisdvmd25
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April 11, 2018, 07:45:22 AM
 #434

I learned my lesson to hold my rewards when I received it. It happen that I sold right away the coins that I had then in a few months time it went go high. So, I should learned to hold some of my coins to earned a well profit.
quetoi2505
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April 11, 2018, 07:51:01 AM
 #435

Holding in the long term, I mean at least 1 to 2 years is most of the time the right option. I don't understand people selling their coins/tokens as soon as it is listed on an exchange. Off course they get a little something but nothing compare like holding for long.
popolite11
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April 11, 2018, 07:21:51 PM
 #436

For me  If  that coin is promising, I will divide it into two part, first part is for selling, second one is for holding. So I can use it for my needs and invest for future.

When I get these rewards (as the author of the post calls them) I also try to divide coins into two parts. However, first, I am waiting for the time when they grow, and only after it I sell the coins.
BitcoinMarshal
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April 11, 2018, 07:33:46 PM
 #437

For me  If  that coin is promising, I will divide it into two part, first part is for selling, second one is for holding. So I can use it for my needs and invest for future.

When I get these rewards (as the author of the post calls them) I also try to divide coins into two parts. However, first, I am waiting for the time when they grow, and only after it I sell the coins.
Its never been easy decision what to do with these rewards because I also received many in last few months and just one or two give good mostly these gone in down badly and never came back on good price so I have to sell them on this level with not good rate so if some one want to keep them surely do some study and keep eye on market then take decision about this
Xising
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April 11, 2018, 07:45:32 PM
 #438

I always prefer to hold those coins as the reward received is very less to book profit. I just simply forget about it. Maybe one day, those few tokens will yield me a lot of profit if it is a success.

Same here. What I do is get a feel of how the market is receiving the coin, if I think it has good potential to rise up in value for the next following months, I hold it patiently. I say that because I have read in an article that ICO or campaign based coins are best kept for a span of three to six months because that's when the project is also being marketed aggressively by the developers, which in turn, helps the coin get value. After aggressive marketing, the coin will either deteriorate or continue going up, now, what I do at that point is to see if I will continuously hold the coin or dispose it getting its peak value.
Habakkuk
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April 11, 2018, 07:50:58 PM
 #439

Am new in cryptos and the little rewards I received, I sold 95% of it to keep myself fit, maybe in future, I will be holding some
Pierre 2
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April 11, 2018, 07:53:15 PM
 #440

Haha awesome question. I tend to save my rewards  in safe wallet cause I only join campaigns/coins I trusted. Sometimes I sell like %50 to cover my real life expensesor just to buy different altcoin.
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