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Author Topic: Why do Bounty Hunters Sell Immediately they receive reward?  (Read 6388 times)
izay
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June 17, 2018, 07:29:02 PM
 #281

Bounty hunters are eager to sell their reward tokens to gain profit as fast as they can. They are called early dumpers which dump their token once it has a value. They afraid that the token they hold would be non valuable. Being a bounty hunter is really hard too so they want to be sure that they got something in exchange of the effort they exerted on that following projects.
Super_Leyla
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June 17, 2018, 07:40:32 PM
 #282

Sometimes this is priavilno solution because after the end of the ICO the price of these coins is exceptionally falling.
A recent example is the dragon and amon.
Those who managed to sell saved 75% of their money.
martinrep
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June 17, 2018, 07:41:03 PM
 #283

Actually it depends on the person if he is really good on looking at the coin like you are always reading the platform before selling and in this way you can determine if the coin is really good for long term investment or not.
Bendz
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June 17, 2018, 07:46:57 PM
 #284

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.
Most of them want to quickly enjoy their work. So without thinking they immediately sell it without thinking of the impact of what they have done. But in fact it is their right to sell it or not. It is a pity if they are willing to support a project that has given him a token by holding it.
jpaul
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June 17, 2018, 07:49:07 PM
 #285

Its not known exactly why Bounty hunters have a tendency to sell off a soon as the rewards have been distributed, Mos have an excuse that they need the money, but again we all and some of these bounty tokens can be very valuable, hold them long enough and you will be richer than you possibly thought, Dumping of these coins most of  the times lead to a serious drop in value or price of the coin they are selling as it increases the supply in the market with a little demand, However if the coin is as good then the value always bounces back

Ini35
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June 17, 2018, 08:04:36 PM
 #286

Several people, most especially bounty hunters, will have their different reasons for dumping their tokens early. First, i think this is very common among those who have not spent much time in the space or for those that have just started in couple of months ago. Also, there are some who choose the token they hold. They sell too early in order to use the proceed from bounty to get the coins of their choice.
CoachApril
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June 17, 2018, 11:06:07 PM
 #287

More often than not, people will sell their bounty tokens immediately if they don'r believe in the project.
I will be receiving FanChain tokens at the conclusion of their crowd sale @ https://bitcointalk.org/index.php?topic=4423520.0
I will not be selling the tokens, because I think FanChain is a seriously awesome project and as a big NBA fan, I'm eager to see it's launch and the possibility of getting paid to commentate for my professional sports teams.   

Excited to have you on our team. We're definitely in this for the long-haul as well.
Dasha88fed
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June 18, 2018, 04:33:18 PM
 #288

Each person has his own personal reasons for selling the earned tokens. But I believe that this is explained by the fact that all bounty hunters participate simultaneously in a large number of bounty campaigns and getting tokens from all these projects it is easier for them to simply sell their tokens and not delve into the essence of each project, do not read the roadmap, do not follow the news because having more than 100 different tokens to learn each one will just take a long time.
nitin8263
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June 18, 2018, 05:01:51 PM
 #289

Bounty Hunters sell their tokens immediately because they work in bounty for a long time so they can't wait to get their rewards and rewards of most of bounties get too late to come.

niteroy
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June 18, 2018, 05:11:53 PM
 #290

I believe that another reason why bounty hunters sell their tokens immediately after receiving them is that there are now a lot of coins that, after entering the exchange, lose their value and can not be restored for a long time. Some people do not want to wait and immediately sell, and for example invest their money in projects they believe in. I know people who put all their money into Bitcoin.
Palider
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June 18, 2018, 05:14:05 PM
 #291

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.

It is precisely because the project progress is not good enough thus many bounty hunters are dumping coin as soon as it is listed on a exchange site. However if the ICO reaches hard cap you'll see most of the bounty hunters will not dump but rather will wait for good exchange site before they will dump the coin.
Utyg
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June 18, 2018, 05:27:58 PM
 #292

One of the main reasons for the sale is that the coin in the first hours of pumping very high price increases almost 30% -50%. But then falls into the bottom. And if you want to earn as an investor, then please develop your own strategy and make a table of keeping the tokens. And think about the future and the relevance of the project before putting it on the stock exchange. Some coins simply fall to zero and become without meaning.
dollurs
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June 18, 2018, 05:40:10 PM
 #293

The main reason what I see is they want to take the money they've earned as some hunters do bounty as an extra income. There is a chance that price go down after few days or so. So hunters don't want tot see this and they sell those immediately.
Shushale65
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June 18, 2018, 11:09:49 PM
 #294

Not all bounty hunters sell their earned tokens immediately. Those who sell their tokens immediately - these are mostly newcomers who want to get fast, but little money. And those who are cleverer keep their tokens in perspective.
krodmandoon
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June 18, 2018, 11:11:38 PM
 #295

Most of the bounty hunters are not interested in long term investing in my opinion. They have been working for weeks and want to get some reward for their effort.

poundy29
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June 18, 2018, 11:18:46 PM
 #296

Most of the bounty hunters already has some plan about investing in altcoins, so due to insufficient capital they'll rather participate in bounty to raise some fund in other to invest in their choice, hence they sell their reward immediately.
QueenW
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June 18, 2018, 11:23:25 PM
 #297

I think because people are shortsighted and want to make a profit here and now without thinking about what kind of benefits they can get in the future. There are still people for whom the campaign bounty is the main source of income. Such people need to pay for housing and buy food. Not everyone can wait for the growth of Crypto-currency, so they sell them right after they are received.

 
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yen10
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June 18, 2018, 11:28:12 PM
 #298

I think people sell immediately their bounty reward simply because they really need the money right away. They dont want the risk that their bounty rewards value might decrease so they want to sell it as quickly as possible. I usually wait after one month before I sell my bounty rewards. After that, whatever happens I sell it.
Cangkeman Wae
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June 18, 2018, 11:30:15 PM
 #299

This is because most bounty hunters really need money and they can not wait to wait, many discussions in this forum that make bounty as the main job so that when they receive reward then they immediately sell.
impbitc
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June 18, 2018, 11:34:37 PM
 #300

Because they need money.
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