Why do Bounty Hunters Sell Immediately they receive reward?

[azzag0000]

this is not surprising to me. There are some shitcoin coins and if you do not sell them early the price will drop or the coin will lose its value. there are also cases that some bounty sells them for daily meal needs.

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[Lesterus]

If the Bounty hunters are satisfied on its price surely they immediately sell it cause many bounty hunters will dump their token for sure and if ever you have been late in selling automatically you need to hold your tokens due the tokens will have a huge decreased after hunters dumping it but sometimes hunters regrets in selling cause they didn't expect the token will have huge increased.

[spastikss]

Maybe they need money urgently, this may be a reason. But i noticed that last ICO's prefer to distribute tokens to bounty hunters after a few months.

[Hirameki]

There could be several reasons for this: people want an instant reward and they transfer their coins into fiat money; or they exchange the received tokens into a preferred coins like BTC, ETH, etc.

That's a great idea but why don't they wait for the coin to be listed on many exchange markets or better still or the prices to go up so they can sell and make profit from that.  

Not all people have the same situation, they may have the funds to survive before the coin is listed on an exchange and also, the majority which is short of funds and does not hesitate to sell it for quick cash.

[nelmari]

Most of these bounty hunters sell their coins immediately because they think the rewards they'll receive wont be the same amount as when it is listed to an exchange site or they really need the money and need to sell them every time they get rewards. I know someone who does this all the time and his friends too so to me that is one of their common reasons.

[freya louis]

Maybe they fear if the price will drop drastically and they will regret holding the token. They do not want the time they spend in bounty to be useless. Moreover, choosing a good bounty is now difficult.

[alisherusmonov89]

I think people who sell tokens immediately need money. Maybe for some it's the only way to earn money. Or maybe they don't want to risk and sell tokens to buy stable coins like btc or eth. After all, a lot of tokens are unnecessary and it is impossible to sell them. Personally, I plan to hold my coins in hopes of x10 or even x 100.

[giga_999]

Lack of trust towards the token or just an instant reward in Fiat, could be caused by fear of losing money. BTW I am trying to get some TYD and TAT tokens through their Bounty campaigns. any thoughts regarding  their tokens?

[genset88]

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.

One of the common reasons is that they don't believe in the future of the project. They choose to sell to avoid future risks. That is why the token price dropped at the beginning.

Selling or holding, that's own choice. And that choice depends on the potential of the project. Bounty hunter should think carefully before making a decision

[Guildenstern89]

Many people cannot predict the rise or fall of coins. So they don't risk and sell the tokens at once. There are still many people who just want to get money here and now. Well, the rarest type of people who know for sure that the coin will only fall and the chance of growth is close to zero.

[chillitabit]

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.

they sell because they usually desperately need money, which is understandable. But they often rely on bounty campaigns as their only source of income, which is putting them under tremendous amount of pressure.

[Salesman4coinZ]

I participate in a lot of bounty campaigns. And i also see that they are many people who participate in the same bounty campaign as i do, dump their token immidiately. I think the reason for that is easy. They are a lot of bounty hunter who are from third world countrys. For those people, a bounty reward that is worth 1ethereum. is like a 3 month salary. If i would be in the same position, i would do the same i think.

[arimamib]

not all campaign participants like that, for me personally always hold tokens obtained from the campaign until the price is close to the price of ICO or maybe more. every member is different nature, please do not equate everyone.
Cheers

[Bitcoinislife09]

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.

They may have personal reasons, and usually alt coin prices are not so volatile unlike bitcoin. Sometimes it doesn't matter if we hold on the coins we had. Of course if we know that this will be greater in the future, we would rather hold it to have a higher profit. Some may say they need the tokens for their day expenses and may use it for buying their wants and needs.

[meldrio1]

Of course they need money or they do not want to hold their tokens because they think that the price will decrease if they did not sell their tokens right away, well that's their choice don't be like them just hold tokens it will moon.

[BetadiNe]

in my opinion because they want to instantly exchange the coins on paper money, or later on popular coins like eth and bitcoin maybe.

[Olena9797]

Cause bounty hunters can get theirs tokens in 3-9 month after program. May be some of them need fiat money for living. Also they do many different companies so there are no time to read all documents, check sites, team to know which program is good. Thats why they decide to sell it

[zeze18]

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.

Because they want rush money.
They don't spent any money to invest, so they don't feel some loss if they sell their token immediately even with really cheap price.
But, it's good for new investors who want to invest more, they will get the tokens with cheap price.

[Cheenguboc143]

In my case.  I'll do the same.  Maybe because  I need money asap or I'm afraid of losing it if hackers or scammers attack my wallet.  I'm gona have it first before someone get it.  But the main reason is I need money asap hehehehe  . Need it to use for daily needs.

[emmybd]

I think that bounty hunters should see how the tokens doing when they listed on exchanges. It also depends on the market situation, if the market is in bull trend then you should consider selling immediately, if it is not then it would be better to hold.