Why do Bounty Hunters Sell Immediately they receive reward?

[Pamplelune]

Some of them just dump bounty tokens asap.
But smarter ones short them, other words: sell and later buy back on the dips, leaving a bit of BTC or ETH in the pocket.
This strategy is quite handy nowadays while market is bearish.  

[icoprofits]

bounty hunters are first to dump in exchange once they are listed the main reason why bounty hunters sell coins in the exchange are they converts tokens to other crypto currency like Neo or Eth

[IMAR]

I think most people involve in bounty are those people needed the money the most immediately. Like me I'm not an investor, I'm a bounty hunter and I require money because I don't have regular means of income. What do you think would be my option if I receive the token, I have to have funds for the family and the only option I have is to encash my reward. It's because of need and not because of grid. That's for me but I don't know of the others.

[firmino10]

From experience I think its mainly due to the fear of its value falling after the exchange has open...

[Tux99]

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.

I dont think many bounty hunter transfer their token into fiat. Hunters just prefer good coin like etherium or bitcoin.
They sell it just in exchange to get etherium or bitcoin because those two coin are the best to hold. Good coin is we want.

[xiboothrezi]

because most tokens will be worthless. except for projects whose teams are solid. p

[saobang1938]

Because many people do not believe in the projects in which they participate.  Considered solely from the point of view quickly Sirotka. That's why they throw everything off.

[biletskiy]

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 think all of these reasons together let them selling the tokes as soon as they get it. I believe that the reason number one is the fear that these coins will lose in price, and they will not get enough money.

[Phumagraphlz]

because that is the one fastest way to make money after they recieve some. I dont know some of thier reasong maybe to buy good coins and gain more profits, but some the actually sell those token and soon after they sell they wait for the dip to buy again the same coin they dump and wait again for another ATH to gain more profit

[chipzeru]

It's either they need money or want to sell while it still has high price before being dumped. I personally sell my bounty tokens rightaway and buy back at lower price. For example, today bob token is listed on hotbit and i sold mine immediately at 0.00008 eth and you know what? now the price is at around 0.00003 eth and i already bought back at that price.

[Marsyam]

personally, I think, In many cases, bounty prizes are delayed by the month. Participants can get their tokens for months after the reward program is completely over. And if the participant is underfunded. Then he will not think twice before canceling all the prizes they have already redeemed.

[Levyathan]

Not if the coin wasn't listed in anywhere else, they will not sell if the coin not listed in any exchange. That's why it is a good thing if the coin was hold or lock to prevent massive selling.

[abake]

Base on my own opinion, everyone would have their own different reasons for selling their own immediately on hitting exchange. Some is just for them to be Xchange for FIAT immediately while some have their preferred crypto which they are’ve Been saving so they add to their portfolio

[florinda0602]

personally, I think, In many cases, bounty prizes are delayed by the month. Participants can get their tokens for months after the reward program is completely over. And if the participant is underfunded. Then he will not think twice before canceling all the prizes they have already redeemed.

I think because the bounty rewards are given delay always, maybe that is why the hunters do sell it immediately because of the need of funds that they are expecting from their bounty rewards.

[iellai]

Maybe the reason they join a bounty and do tasks is to earn everytime they finish the bounty ends. There are people who really dont hold on coins and just sell them once they receive there hard earned rewards.

[imstillthebest]

because that is the one fastest way to make money after they recieve some. I dont know some of thier reasong maybe to buy good coins and gain more profits, but some the actually sell those token and soon after they sell they wait for the dip to buy again the same coin they dump and wait again for another ATH to gain more profit

thats not even fast because you did already wait for months before youd finally recieve your coins from that bounty. theres no fast money or easy money here in crypto because all of them needs an effort and patience. anyway , as a bounty hunter myself. i do self my coins immediately after i recieve them because i badly need money all the time due to the reason that i dont have a regular job offline. as of now i stil depend on the crypto or on the bounties that ive joined.

but not all of the bounty hunters are i think will do same as what ive do because not all of them are poor. some of them do have other income sources aside from earning on bounties , so i guess they did not sell their coins too early. instead they'l wait for a longer time or when the coins have fully matured.

[Lamborgini]

In my opinion, many are selling out because they want to earn money and buy coins with coinage categories that are already known.
They consider the new ICO coins to be too risky if they are held too long because there is a potential to fall in price.
New coins are at risk of falling in price can even disappear from the Cryptocurrency market.

[anilsaini0327]

In my opinion, bounty hunters sell these in hope of a good payout. Also sometimes the bounty is delayed by many projects which forces someone to sell as they lose faith. Currently, the market situation is also not good. I personally hold my bounties for long term.

[rukawa101]

Maybe because distribution of tokens is always delay sometimes months i guess they need funds or something for their daily expenses and bills. instant reward

[hunnykaushal]

Yes many bounty hunters sell it immediately once it hits exchange to convert it to fiat or they convert it to their favourite coins.

There are only few Bounty hunters those hold for long terms.

I am also a bounty hunter but i hold coins for long term.