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Author Topic: What do you do with the rewards you received?  (Read 6736 times)
muathuvang110
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May 05, 2018, 07:21:51 AM
 #681

I will trade it to maximize the profit, I will sell it by taking profit 3 -5 times and then buy other potential coin again. Trading with good strategy will promising good return. But especially for token that has working product i hold it maximum in 1 years.
Dudeperfect
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May 05, 2018, 04:46:12 PM
 #682

I hold my rewards because it is something that shows your faith in the company and the products on which they are working. Generally, I try to hold it as long as I can but in case of the cash crunch, it is my first priority to liquidate. I am not a great fan of bounties but I apply for some bounties if the company is coming up with something interesting.
EvgeniyWorik
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May 05, 2018, 04:55:13 PM
 #683

Usually, I sell 50% of the received tokens. The rest I leave on the HODL. I sell when the price reaches x10 minimum.  Cool
chickenado
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May 05, 2018, 05:14:19 PM
 #684

I hold my rewards because it is something that shows your faith in the company and the products on which they are working. Generally, I try to hold it as long as I can but in case of the cash crunch, it is my first priority to liquidate. I am not a great fan of bounties but I apply for some bounties if the company is coming up with something interesting.
Really?So what is the reward here refers exactly? If the reward here points out the bounty token. Well,of course first thing that comes in my mind is to be thankful for it because someone has given me trust in a particular information and that's very fulfilling in my part to be given a reward. Next will be,I will keep my reward as well because that symbolizes and the first thing that worth to be kept. Holding is the best thing to do for that kind of reward I can also give others a reward. It's a blessing so sharing is also part of it.
CryptoTrip
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May 05, 2018, 05:17:37 PM
 #685

Previously, I immediately sold. Now I look with tears in my eyes at what I sold. Now basically I keep the coins and look at the circumstances, the project is developing or not, is there a demand for these coins and so on.

dan22
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May 05, 2018, 07:14:35 PM
 #686

Whenever I receive rewards of tokens for my investment or bounty participation, I do not rush myself as regards what to do with it. Most of the times I hold the received tokens with me and keep for sales in the future, because from my experience there is every possibility that the price in the market may increase which will be of greater benefits to me. At other times, the moment I receive any token reward , I will re-invest it to produce more profits for me.
Greenrace
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May 05, 2018, 07:55:19 PM
 #687

looking at the coin market is the first thing I do when getting a coin prize and if it's a good price it will either sell it or hold it if there's a better price

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May 05, 2018, 07:56:36 PM
 #688

looking at the coin market is the first thing I do when getting a coin prize and if it's a good price it will either sell it or hold it if there's a better price
The fact is that if, and therefore, do not reach their peak prices, it is definitely better to sell it and at the same time buy even more promising coins. For example, an etherium or Bitcoin.
kimochidesh
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May 06, 2018, 10:01:30 AM
 #689

I personally hold the coins that I receive as rewards from the campaigns. Since the value of the coins I receive is very less to earn a considerable amount of profit, I think its better that I should hold on to them. After few years the price of the coins that I received as rewards may rise and give me big profits. One should at least wait for 6 months before selling his rewards otherwise he might repent his mistake.
stevensteel
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May 06, 2018, 10:42:59 AM
 #690

It depends on the project - I guess once I get my bounty reward from TravelerToken (TLT), I'll probably hold the tokens until the platform goes live in Q3 2019, then I can start spending the tokens in the TLT ecosystem. This is because I believe that TravelerToken is an ICO that has a lot of potential to grow in the near future, as they are targeting the $2.3 trillion travel industry that involves more than 1.23 billion travelers on a yearly basis.

TravelerToken also has a very practical and viable use case - they are trying to revolutionize the travel industry by removing all the hefty processing and transaction fees that start piling up whenever there is a variety of intermediaries involved in the travel ecosystem. Furthermore, users of the TravelerToken debit card will be able to withdraw money in a foreign country without having to worry about poor exchange rates.

For your information, they are launching their bounty program soon (I heard it's tomorrow), so stay tuned. Here's the [ANN] thread for the TLT bounty program for reference. You can also visit their website or read their whitepaper to know more about the project.
btcefeyigit39
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May 06, 2018, 12:56:07 PM
 #691

I think we should not sell prize tokens that you bought from bounty and frost in the crypto currency world. we should give time to new coins. As the market rises, the price on them will increase.
Iyanuisaiah
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May 06, 2018, 01:06:33 PM
 #692

I will hold and see the market if the token I have has a high value, if yes, I hold it until it get more value in other for my reward to get more bigger, sometimes i hold for like six month or more than that
wbk940122
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May 06, 2018, 01:09:43 PM
 #693

I will hold the token that I get from the bounty. Because I believe that the future value will increase. However, it depends on whether the development team will continue to commit and do the work well.
Soccernet344
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May 06, 2018, 01:15:23 PM
 #694

mostly i hold all my coin that i received from bounty. I dont think to sell immediately after you get your token is a good idea cause the market is unstable and there is a big chance for coin to develop. i used to hold around 1 - 2 months. just hold the coin you get and see what you got cause i think you will got more if you hold for a few months.
gogrowglow
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May 06, 2018, 01:15:44 PM
 #695

My rank just turned Junior Member a month ago and this is my first bounty campaign so I read first the post of others to gain some knowledge on how to manage my rewards.  I think I will hold for a while until the ICO ends then observe the market, sell 25% of it just to taste the reward of my labor and  hold still the remaining tokens for future investment.
KTChampions
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May 06, 2018, 01:17:54 PM
 #696

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?
Your friend is optimistic, although maybe his algorithm works. But it seems to me that these transactions need to be done manually. And all the time be in the topic of news about the token. If you do not do this, you risk missing out on the big positive news and do not get a good profit.

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May 06, 2018, 01:20:20 PM
 #697

I usually hold the bounty rewards that i received. I do believe that I might get more profit after 1 to 2 years than selling them now. I only sell the coin or token immediately once I feel something that it will turned out to be scam in the latter.

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Ab-Soul
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May 06, 2018, 01:22:18 PM
 #698

It's not that profitable though. Most projects can't even go on exchanges right after ICO. Participants have to wait a long time so get tired of waiting and sell when it hit the exchange.

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Bitcoincole
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May 06, 2018, 01:28:38 PM
 #699

Rewards that i received in participating bounty campaign is commonly hold for the moment until such time the token will soon to increase or depending on the ICO which is more profitable during the ICO distribution. This strategy is being used by some hunters to earned huge profit.
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May 06, 2018, 01:30:57 PM
 #700

The tokens received must be changed for money, and the money spent on food, utilities and other necessary expenses.
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