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Author Topic: What do you do with the rewards you received?  (Read 6736 times)
KTChampions
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April 22, 2018, 08:17:12 PM
 #501

I am familiar with people who also participate in generosity companies. Some of them do not rush to sell received Tokines, others on the contrary, immediately after the issue of tokens the exchange is sold. My friend advised me to send them to EtherDelta. When receiving tokens, place orders for the sale of x2 - x10 (depending on the project) and just wait until they are purchased.
What do you do with the received tokens?
I used to think that it's best to keep all the tokens in your pocket and not sell anything at all. But the statistics of projects in 2018 indicate that most tokens are falling in price and practically do not grow afterwards. Maybe this situation will change when the market grows confidently.

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Longfellow27
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April 22, 2018, 08:19:05 PM
 #502

Well this depends on the market, if there is any good market at the time upon receiving it. It might good to just sell it. But if the market is down it could be good to just hold it a bit before selling the coins. Maybe you could earn more for it when the prices have gone up stable.
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April 22, 2018, 09:15:39 PM
 #503

With the little tokens I have earned through bounty campaign, it has always been in my plan to hold them at least for a minimum of 7 months. However, at times I don't have than to sell some of them when when I'm in serious need of money. But what I do is that, I keep at least 40% of those coins so that the price skyrocket later I won't blame myself of selling everything.
hovrah
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April 22, 2018, 09:23:21 PM
 #504

Well this depends on the market, if there is any good market at the time upon receiving it. It might good to just sell it. But if the market is down it could be good to just hold it a bit before selling the coins. Maybe you could earn more for it when the prices have gone up stable.
In order to keep your coins, which you earned on the Bounty Company, you must initially be sure of this or that project. Perhaps in the future, even in six months, this project will begin to develop and the coin will increase in price.
dommerty
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April 22, 2018, 09:36:54 PM
 #505

I think it depend on the project, there are some projects that when you look deep into the project, the utility of use is very low and again if there is a strong competitor, I will sell early but there are some tokens that I keep because of I believe they have a great future, one example is Dent ICO, the price was below the ICO price for a very long time and now it is more than 10X the ICO price.
darkangel020716
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April 22, 2018, 09:55:24 PM
 #506

I am familiar with people who also participate in generosity companies. Some of them do not rush to sell received Tokines, others on the contrary, immediately after the issue of tokens the exchange is sold. My friend advised me to send them to EtherDelta. When receiving tokens, place orders for the sale of x2 - x10 (depending on the project) and just wait until they are purchased.
What do you do with the received tokens?
I always sell it immediately because some time if you hold your coin too much then it would have no value so better to sell it because you didn't put money there just a hardwork so meaning this is free money that you can get for every bounty that you'll have.
housebtc
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April 22, 2018, 10:00:00 PM
 #507

Your question is funny, what do one do with one reward, is kust like asking what do I do with my investment, I think it is a wrong perception to think as bounty token as free and not attaching any significance to it,  any good project when hold for a long period of time will always turn to great investment for the holders
Noctis Connor
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April 22, 2018, 10:00:53 PM
 #508

I am familiar with people who also participate in generosity companies. Some of them do not rush to sell received Tokines, others on the contrary, immediately after the issue of tokens the exchange is sold. My friend advised me to send them to EtherDelta. When receiving tokens, place orders for the sale of x2 - x10 (depending on the project) and just wait until they are purchased.
What do you do with the received tokens?
I just hold it until reach the target price then I will choose it depends in the project and their roadmap, if it is worth it to hold or worth it to dispose then I'm going to play the token sell high then I'm going to bet low so I will have huge amount of profit.
bedford1972
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April 22, 2018, 10:32:45 PM
 #509

Depends on the project. If the project is promising, then of course it is better to keep as long as possible. If not, then you can try to speculate a little. All the same, really nothing to lose, but will gain experience and may increase capital. And I advise you to keep a road map for each project to monitor the development and have time to fix profits with the further possibility of re-purchase.

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TheNextChampion
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April 22, 2018, 10:35:22 PM
 #510

Whenever i received tokens from bounty i always think for a long term. I always hold most of my tokens which i think will have a better future but if not. I sold it quickly for a quick money and that money will be used for investing in other coins.

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panghae
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April 22, 2018, 10:35:44 PM
 #511

I am currently investing to some mining rigs which is why my bounty rewards arent wasted,i would be doing this job full time while i am mining cryptocurrencies,bounty hunting is the safest way to earn cryptocurrencies,as long as you arent violating any terms and conditions you are going to get what you worked on.

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April 22, 2018, 10:36:34 PM
 #512

If you have existing money flowing from other source aside from bitcoin/Alts, it would be best to hold half of the coin and convert the other half to bitcoin or other major Alts like ETH.  Good luck to everyone in their venture of success in cryptocurency. Smiley
raniadaling
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April 22, 2018, 10:37:50 PM
 #513

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.
I think this is really a good choice, but there is one thing but. That's just the same as my friend had a coin, which stood after ICO 1 dollar. After some time, it grew to $ 6, and now it costs $ 0.5. In this connection, the question arises. Was it not easier to sell it at a peak and to re-buy?

This is one of the most logical way of doing it. It's not a matter of impatience, but a matter of getting proits.
Making wise decisions and maintaining good judgment is part of this platform.
However, I always pefer hodling long term. But when need arise, we can always sell
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April 22, 2018, 10:38:27 PM
 #514

I don't sell right away the moment I received my tokens. Usually, the value of it is too low to sell. So I will still wait for the right moment that I can sell them at a right price. I do not hold too long because I know how volatile the market is. If you didn't catch the high wave, you will have a hard time to catch it again. You'll end up a bag holder of that coin.

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mysterecryptoooo
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April 22, 2018, 10:43:38 PM
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 #515

It is kind of arbitrary, depending on the potential of the project, because as you participate in the campaign, you fastly figure out if the project is great or if its just another project. Then you must hodl in the first case scenario, in the second one you might sell them when there is a peak.
As for me, i like to hold the coins i get from bounties, because i choose the ones that i have faith into.

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edwardnortonn
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April 22, 2018, 10:48:16 PM
 #516

All depends on the value of the tokens rewarded, but most of the time, i hold them for a while and see if they will be added in a major exchange platform nd trade, or just sell them off as soon
abduljacklu
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April 22, 2018, 10:52:09 PM
 #517

Investing it to the traditional businesses so that my future would be much secured,the cryptocurrencies are still doubtful that is why i am going to put some money to other things,because we wont know when will the cryptocurrencies are going to be permanently banned,never going to change the fact that the cryptocurrencies has a alot of regulations from different countries.

BADBITCH
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April 22, 2018, 10:52:28 PM
 #518

I am familiar with people who also participate in generosity companies. Some of them do not rush to sell received Tokines, others on the contrary, immediately after the issue of tokens the exchange is sold. My friend advised me to send them to EtherDelta. When receiving tokens, place orders for the sale of x2 - x10 (depending on the project) and just wait until they are purchased.
What do you do with the received tokens?

Received tokens are a reward for my months of hardworking
definitely I need some fiat rewards; so I prefer to sell them 75%
Then keep the remaining 25% for hodl purposes

Nothing compares to instant profits
zxcsk1983
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April 22, 2018, 10:55:39 PM
 #519

I think most of the awards received should be kept waiting for profits in the long run. this can bring good profits
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April 22, 2018, 11:00:35 PM
 #520

I try to keep them in order to accumulate profits. I keep it on a cold purse, so I have no reason to worry.
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