Selly Arumsari
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July 22, 2018, 06:59:16 PM |
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Many ICOs have realized that Bounty hunters always sell their coins immediately they give it out to their wallets especially when they are on exchanges. What are the reasons why they sell it out and what should bounty hunters do when they are given the tokens.
Frankly speaking we should not be selling the bounty token immediately as it affects the market in negative ways. There is no option however as veery bounty participant think that other people will dump the coin and thus prices might just drop heavily. So they better choose to sell immediately get the prices at the time of exchanger listing. Also if you observe then you will notice at the time of exchanger listing the prices are always higher than the normal timing so thats another reason why people choose to sell the coins. agree with you, not all bounty hunters sell their token instantly. but yes, some of them to do it. i think because they think the price will fall down if they are a wait to sell it. or another reason is that some of them need a money urgently.
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niky
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July 22, 2018, 07:00:46 PM |
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Eagerness to quickly get money is what makes majority to do that. So many of the bounty hunters do find it difficult to wait even for few weeks or months before they sell their tokens, simply because they wanted to get money quickly to attend to some needs. Hence, they look for every means to dump their tokens at cheap price to meet their urgent needs without even thinking that they could make more money if only they could wait. In my own opinion, it should be a thing of utmost desire for every bounty hunter to make bigger profit from whatever tokens they get from any bounty campaign. I would implore bounty hunters to develop the habit of holding so that they can always make much more profit from whatever tokens they have when it is time to sell later in future at an increased price.
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bombie1
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July 22, 2018, 07:05:22 PM |
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Bounty hunters do not sell their rewards immediately always. If the project looks not organized and they suspect that the coin do not have a futures then they will sell their coins immediately. Sometimes too bounty hunters might have debts to pay when they were promoting the project.They have to pay for data bundles they used to promote the project etc.So they need to pay for those debts so maybe compelled to sell even though the price is not good.
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salad daging
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July 22, 2018, 07:06:00 PM |
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There are tokens I received from bounties that I am willing to hold for long and there are some that I missed to sell at good prices. I guess it's just a matter of personal choice which ones to hold and which ones to sell.
I agree with you actually it all depends on our choice in determining which coins to sell and which coins to hold and the results are strongly influenced by it if we are right in taking action, the result will definitely be profitable
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acedia
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July 22, 2018, 07:09:10 PM |
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Many ICOs have realized that Bounty hunters always sell their coins immediately they give it out to their wallets especially when they are on exchanges. What are the reasons why they sell it out and what should bounty hunters do when they are given the tokens.
Bounty hunters don't owe anyone anything. They decide to hold tokens or sell them on their own. A year ago, the HOLD strategy worked perfectly well. Now there are so many garbage projects, the price of which will never grow. Easier to sell and forget. Better to see ETH on the wallet than the tokens in a couple days dump on X10
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annstasia009
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ONe Social Network.
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July 23, 2018, 06:31:05 PM |
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Many ICOs have realized that Bounty hunters always sell their coins immediately they give it out to their wallets especially when they are on exchanges. What are the reasons why they sell it out and what should bounty hunters do when they are given the tokens.
I'm one of those who sell most of the tokens that come to me all this only because of the fact that their price at a certain time just very much falls and we all lose, so it is better to immediately sell and have a profit
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joy99
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July 25, 2018, 02:46:35 AM |
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Not all bounty hunters do that. the majority hodl their coins and from experience, the dumping activities we do see on the exchanges are the works of the pump and dump groups and not just only bounty hunters. These pnd groups are always interested in new coins listed and that causes the sharp fall in price. Some hunters may sell their coins as a result of this.
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Service thread below
https://bitcointalk.org/index.php?topic=5162299.msg51726822#msg51726822
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Netnox
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July 25, 2018, 02:59:19 AM |
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Since the market is on an upward trajectory, now it makes more sense to hold on to at least some of your tokens for the medium term. But earlier, when the market was down it was quite risky to do so, especially since the tokens are more volatile when compared with the more established alts.
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RPWaRs
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July 25, 2018, 03:11:45 AM Last edit: July 26, 2018, 03:10:16 AM by RPWaRs |
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its because, unlike the investors, a lot of them is just dont care about the future of all the projects they followed, they just want to make a profit at whatever price they will get when they sell their tokens or coins.
well, its their lost if some of the projects they followed is growing up and their tokens or coins price will go up in the future.
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Tiger Junk
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July 25, 2018, 03:15:50 AM |
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To me, the reason for them selling immediately they receive reward might be due to the kind of project they are into or how long it took them to get the reward thereby loosing trust in such project as the price might fall and they do no want to run at loss. Some even sell and invest in coin that are stable and has better potentials than the initial. Some other sell because they need the cash at that particular time and have no other option than to sell.
I assumed that the reason why some bounty hunters sell their bounty rewards immediately is either because of urgency of needs or high price value. They take the opportunity to sell their token at high price to earn high profit as well.
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skiorf
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July 25, 2018, 03:49:17 AM |
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For someone who makes an immediate sale of a token that he just got on and has just been listing in the market, they have several reasons with their decision. Among them, the desire to invest in coins is far superior to his quality, by buying coins from the sale of his tokens. Then, there is a need for them to sell their tokens, and so on. What to do as a bounty hunter who gets a token from a superior project that is, holding his token up to its price increases higher than its ICO price.
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Hishad32
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July 25, 2018, 08:35:15 AM |
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there are numerous factors. maximum bounty hunters sell their tokens because they need to receive money instantly. however there also are folks that alternate their tokens with coins they prefer.
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tsmmyth
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July 25, 2018, 08:53:51 AM |
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Its just a common bounty hunter habit to sell early, most of the times leading to big dumps in the value of the coins that they might have been dumping a they tend to sell cheaply, most of the times below the ICOs prices. Most of the times they are just too eager to make money of the coins and end up selling coins that might have earned them better returns if only the waited a little longer
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Em00n01
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July 25, 2018, 03:06:04 PM |
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As far as I know most of the coins price go down after the end of ICO. They don't know the meaning of holding. They just want instant money. That's why they sell token as soon as they get it.
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engrlodi
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July 25, 2018, 03:10:40 PM |
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I think they want already to receive their income and they don't want to hold it because they want money. They work for it and they don't spend money to invest with so that they want to sell their rewards to have an income to their hardwork. They take the opportunity if the value of this coin is in high value and they don't want to take time to hold it more in the future. All of us has a main purpose in here so that you will never know what in their minds are.
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phairan
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July 25, 2018, 03:15:25 PM |
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In order to avoid being scammed since there are multiple projects which resulted to be scam. People are afraid of holding unknown token which they have received and they do not rely much on the future growth of their chosen project. Personally, I sell a small number of tokens no matter how the project is behaving; by selling them I know that I have received something no matter what will happen after
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oladejiremi10
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July 25, 2018, 04:43:58 PM |
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There may be many reasons for such actions, it may be because they are financially broke and they need some money so as to manage. And it can be that the ICO price is very high in exchange and they use the opportunity to gain more profit before the price come down again, and it can be they wanted to use the reward to buy some coin and hold for a long time.
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morphic
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July 25, 2018, 04:47:16 PM |
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Because when some new items are traded, their prices will fall, so many bounty hunters will sell their bounty tokens when they first get on the exchange, which I think is the right choice if You think that the bounty project you have done is excellent, then you can choose to keep 50%.
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zarintasnim
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July 25, 2018, 04:52:47 PM |
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Cryptocurrency is a great source of money. Bounty hunter work really hard for long time. And when they get reward sale quickly i think they need fiat money. And also they sale it if it has good price. Some one sale quickly reward token and buy bitcoin.
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King Koy
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July 25, 2018, 04:54:47 PM |
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If you don't understand the situation in the market and the future of your coin, you will surely easily unhold it. This is the manners of most bounty hunters that are here in this forum.
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