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Author Topic: Why do Bounty Hunters Sell Immediately they receive reward?  (Read 6388 times)
AirFlame
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June 27, 2018, 07:35:21 PM
 #461

Many bounty hunters sell their tokens immediately after they receive it, because they do not have experience in crypto analysis. Many simply do not know what to do next and do not have a clear trading strategy. Who knows the tokens have good project and start to pump the price after a few weeks or months. Not all tokens are going to dump and not all tokens are going to pump. Its your choice to sell it immediately or hold until it reach high value. Also, owing to the fact that they participate in many projects at the same time, most especially those who are into social media bounty, where so many bounty can be done at a time. In short it depends on you; If you think the token will increase, hold for a while but if you find it difficult to increase, it is better to sell it.
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June 27, 2018, 07:37:37 PM
 #462

Not really. if you choose the right bounty campaign then the coins will be valuable to hold them. I usually sell half and hold the rest until they grow up .
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June 27, 2018, 07:47:23 PM
Last edit: June 28, 2018, 06:42:32 PM by _Flynn_
 #463

Usually i prefer to hodl my bounty tokens because i try to participate only in bounty campaigns of promising and ambitious projects.
Yeah, agree with you, with this strategy you can earn a lot of money even with only twitter and facebook.  
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June 28, 2018, 01:34:23 AM
 #464

Not every bounty hunter immediately sell their tokens. Some of them are strong holders.
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June 28, 2018, 01:46:22 AM
 #465

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.

Many bounty hunters sell their coins or tokens just to earn a living, because after working for one or more months in bounty campaigns they actually needed money to pay for their data fees,children up keeps etc. Some times you don't have to blame them because of the level of poverty in most developing countries of the world. So I suggest bounty hunters should only sell some parts of their tokens to avoid dumping.
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June 28, 2018, 01:49:04 AM
 #466

As a bounty hunter, I sell of immediately to cash out the reward for my hard labour. Although, it is not as if I sell off everything, I sell some part of the coins and leave the remaining ones for another season. In fact, there are some good projects I don' t even sell at all.
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June 28, 2018, 02:39:21 AM
 #467

ICO project managers know that a bounty hunter would sell the reward tokens immediately but I think they really simply cannot avoid it as it is a reward and that hunters own it themselves. Most of the time, once a token gets into an exchange, bounty hunters just sells it and get instant profit. There are numerous reasons why they do it. I think the first one is to get a profit as soon as possible, because we know that ICOs takes a lot of time to get things done and bounty hunters work for them for like a month or even a year which is kind of frustrating. Second one is to sell the tokens and once the dip happened, they're just going to buy again at a lower price to accumulate and hold more.
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June 28, 2018, 02:42:53 AM
 #468

Usually, bounty hunters want a quick profit, so they support any campaign whether the project has a future or not, so when the campaign ends they don't bother to see if the project is going well or not and just dump to earn a quick buck.
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June 28, 2018, 02:46:48 AM
 #469

I think they do not have a lot of money and have to buy something for their life needs so they sell the new tokens they get from bounty but not everyone does that because some people will always hold up the coin into a bigger exchange in order to earn a lot of income
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June 28, 2018, 02:51:28 AM
 #470

Now there is a rush to sell as many tokens as they can, before the other bounty hunters dump their tokens. I have seen this for a lot many of the ICOs during the past few months. Also a lot of the bounty hunters have lost their confidence in the market due to low prices.

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June 28, 2018, 06:06:55 AM
 #471

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 always do this mistake of selling immediately when given the tokens from the bounty campaign. It doesn't sell well and the price plummets harder. What they don't get is when you hold longer the tendency of the price is to go higher because the demand develops further.

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June 28, 2018, 06:14:56 AM
 #472

Because they do not understand the real perspective of the project and the possibility of earning.
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June 28, 2018, 06:26:38 AM
 #473

their fear and panic at the time because they have suggested that the price will drop far below the ICO when the coin enters the market and those paid from the bounty. of course, this is also a way of anticipation but wrong. If they want to hold for a bit longer then I'm sure the price was far below the ICO will back high again could even exceed the value of the ICO. so the bounty hunter better holds and don't rush to sell.
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June 28, 2018, 06:35:09 AM
 #474

Hunters who sell bounty coins immediately are the ones who are looking to make quick bucks and they don't care about the project. What you should do is just hold it until it booms. Check all the whitepapers and act accordingly which means if you believe in it hold it, if not then sell.
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June 28, 2018, 07:13:38 AM
 #475

Usually, bounty hunters want a quick profit, so they support any campaign whether the project has a future or not, so when the campaign ends they don't bother to see if the project is going well or not and just dump to earn a quick buck.

Not only, of course you are right, they want quick money, but they are also do not believe in future and this push them to sell all bounty rewards immediately.
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June 28, 2018, 10:04:42 AM
 #476

Generally do mostly only beginners. Those who have long been on the forum normally keep my coins longer. In my purse there are tokens which have more than a year there. And I'm still thinking of selling them or not.
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June 28, 2018, 01:34:31 PM
 #477

now the market is not stable, and if the coin is immediately traded and at a good price, it is sometimes better to sell, at least half, since you do not know further whether the price will fall or not.
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June 28, 2018, 01:44:49 PM
 #478

bitcoin first, and next is ethereum
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June 28, 2018, 02:07:47 PM
 #479

Well, after some project we've waited like 3 months to get the reward. A bit of annoying, you know. I can never be sure if I get my reward soon and this may cause my overall impression. Maybe I don't wanna deal with those guys any longer, so... Also what happened to me is just an urgent need in the family, and we got our funds out of pockets. Tho usually, I hold a few dozens just to see how far the price will go. 

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June 28, 2018, 02:12:10 PM
 #480

In my opinion, maybe they sell immediately after receiving coins because they do not want to hold the old coins. They may also fear, if the coin is lost from the market
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