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Author Topic: Token bounty must hold or sell?  (Read 6767 times)
bling-bling
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May 26, 2018, 09:53:24 PM
 #1461

Many bounty campaign give token..often token bounty has not been paid .. you already exist in the market .. after the price paid it down drastically ... if we hold the token .. later will be able to rise or even added down the price of token bounty
This is what usually happens, when bounty tokens initially gets listed in the exchange, price is usually lower than a dollar. This is because the volume of transactions is still building up. Then in a week or two, price starts rising because people are starting to buy which increases the volume. Now this is the time when you will decide whether to hold a bit longer or to sell immediately since the price went above a dollar.

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ThomasV80
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May 26, 2018, 09:53:36 PM
 #1462

I think it depends on the project from the token generated from bounty. if the project has good potential, I think there is no harm to hold the token.
Cryptodaddy05
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May 26, 2018, 10:01:59 PM
Last edit: May 26, 2018, 10:50:03 PM by Cryptodaddy05
 #1463

What you say is true. Bounty tokens are typically given out 2-6 weeks after the token sale finishes, and if you have chosen a reasonable project that makes soft cap and an ethical project that actually delivers the reward. By then the towns bought in the ICO will usually have been unlocked and will be trading on a decentralised Exchange such as Idex if they’re ETH-based tokens as most of them are. And after the initial rise in price that’s often seen when a token lists the price has usually fallen to below the ICO price in the down-market the last 6 months, as ICO investors take their 3-10x profits.

There’s no right or wrong answer as to whether you should then sell and reinvest your reward in BTC or better known altcoins you prefer. It depends somewhat on general market sentiment “is the cryptomarket falling or rising etc”, and market sentiment for that reward token “was the ICO sold out?” “is the project going to release good news such as partnerships, a major exchange listing, release of a working product etc?”. But as a general rule of thumb if you didn’t invest your own money in the ICO then it’s probably best to sell and reinvest in BTC or an altcoin you are invested in. The reward token may well rise over the weeks or months to come, but there’s always the opportunity cost that the BTC or altcoins you would have bought from selling may well have risen 2-5x more!

Good luck getting your bounty coins and getting a decent medium to long term return!

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cesarzgamer
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May 26, 2018, 10:12:36 PM
 #1464

Many bounty campaign give token..often token bounty has not been paid .. you already exist in the market .. after the price paid it down drastically ... if we hold the token .. later will be able to rise or even added down the price of token bounty

I think it's better to hold tokens. If you trust the team then you shouldn't worry about token price and watch them develop and deliver promises from roadmap. On another hand if you don't trust them it's better to sell it as soon as possible. But it's still better if you keep small amount, because the price in future can grow and you can sell it for more.

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May 26, 2018, 10:18:10 PM
 #1465

Many bounty campaign give token..often token bounty has not been paid .. you already exist in the market .. after the price paid it down drastically ... if we hold the token .. later will be able to rise or even added down the price of token bounty

This depends on the ICO and the token.
You have to take in to account the product which they have promised, their timeline, their exchange listing and their marketcap.

In general I hold for some time and after i see at least some uptrend only then i sell.

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lifetimebitcoins
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May 26, 2018, 10:25:39 PM
 #1466

Token Bounty best way to expect profits is to hodl the coin until it hit the exchange and after exchange, we should hodl for price pump and market direction as well
Sand King
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May 26, 2018, 10:25:50 PM
 #1467

it is like that game market, or in the sense that the course is like that but there must be among the coin that when listing and bounty hunter get the tokens did not decrease as it once happened to APP COIN
Token bounty must sell immediately because almost all the token bounty i get before is decreases it's value after it listed on the market, and i think many people here in crypto do the same, they also sell there bounty token because they are also afraid to decrease it's value.

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May 26, 2018, 10:30:07 PM
 #1468

I think it's better to keep tokens, only those that you trust, or believe in their growth. And the other lutshe sell, while they are at least something worth.

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pleci
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May 26, 2018, 10:32:36 PM
 #1469

Many bounty campaign give token..often token bounty has not been paid .. you already exist in the market .. after the price paid it down drastically ... if we hold the token .. later will be able to rise or even added down the price of token bounty
when the token is not distributed is usually still expensive but when the token is distributed to the bounty hunter usually the price has gone down because maybe the investors have sold their coins first so the price drops it all because the division for investors earlier than the bounty hunters
if it is better you hold it

Fedrey
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May 26, 2018, 10:33:00 PM
 #1470

I think it's better to keep tokens, only those that you trust, or believe in their growth. And the other lutshe sell, while they are at least something worth.
Groupon case if you participated in the Bounty Company, then you made the choice of a more prospective project. Of course, mistakes are possible, but nevertheless you are hoping for a good result. Therefore, in no case can you sell coins immediately after the distribution of Tokens.

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May 26, 2018, 10:47:59 PM
 #1471


I do so. It's very simple, I sell 50% after listing of the token to the stock exchanges, and 50% hold for 3-4 months, maybe a little more.

In this situation, you always take your share, a certain stability)
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May 26, 2018, 10:52:50 PM
 #1472

it is like that game market, or in the sense that the course is like that but there must be among the coin that when listing and bounty hunter get the tokens did not decrease as it once happened to APP COIN
Token bounty must sell immediately because almost all the token bounty i get before is decreases it's value after it listed on the market, and i think many people here in crypto do the same, they also sell there bounty token because they are also afraid to decrease it's value.
You should see how the current market condition is because if it is reckless in the sales of tokens we get then we will never find the best price of tokens, we better hold token the first few months while monitoring whether token there is a high price increase or not, if not then it's good we sell tokens.

 
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apolonio
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May 26, 2018, 11:00:34 PM
 #1473

Many bounty campaign give token..often token bounty has not been paid .. you already exist in the market .. after the price paid it down drastically ... if we hold the token .. later will be able to rise or even added down the price of token bounty
I have joined in many campaigns, most of them paid the reward but most of the tokens i received have no value or zero valaue. And some is lower value after the ico ends. All the tokens to me as a reward is i sell it after 2weeks after they are in the market because i only gain little tokens and it should not going longer to hold it.

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May 26, 2018, 11:13:33 PM
 #1474

It is on your decision to know what is good thing you can do. If need your token bounty for your basic needs exchange it not to hold. But if you want to hold for gaining profit but monitor always the price of your token to not losing.

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KillyGon
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May 26, 2018, 11:18:08 PM
 #1475

if you not need urgent money
is good you hold youre token bounty until price above ico price
turkoglu23
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May 26, 2018, 11:19:19 PM
 #1476

I have learned to hold my tokens received as bounty reward. Selling early has affected me emotionally as I always realize that I sell at cheap prices.
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May 26, 2018, 11:36:23 PM
 #1477

It depends on the coin of course.  For me,  holding is good if the coin is also good,  if not,  i will surely sell it and invest it in other coin like bitcoin,  eth or bcc.

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May 26, 2018, 11:43:43 PM
 #1478

It all depends on the project, whether you believe in its future or not. If you believe in the future of the project, you can leave the coins and not sell them, if you do not believe act at its discretion. I always leave half for storage, and sell half!
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May 26, 2018, 11:47:33 PM
 #1479

for me i think you should hold it first a months because we know if we sell it the price is low and it will down fall because of the bounty hunters that only know is just to sell,  but holding a months will be good because whales gonna come after the weak hands sells at a low price so if that comes just go with the flow and youwill profit big.

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May 26, 2018, 11:56:46 PM
 #1480

For me it really depends on the result of the ICO of the project. If the ICO reached hard cap then hold it because it is supported by many however if the project didnt even reach soft cap then dump it as soon you receive it because it will not increase more in the future.

 
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