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Author Topic: Why do Bounty Hunters Sell Immediately they receive reward?  (Read 6388 times)
keninu
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July 04, 2018, 12:38:08 PM
 #581

Not all do that, but not a few also directly sell their tokens when they get paid from bounty projects that they follow. but it also depends on the price of the token, if the price is high, of course they will sell it because it has a profit, but if the price is low. I'm sure they will hold the bounty gift tokens they get.
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Yokonaumiyaki000
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July 04, 2018, 12:41:22 PM
 #582

Because most of the projects being run now is all hype on their introduction but as time pass by, people would realize there's no sense using it. Dumping the coin as time increases. So some bounty hunters just  immediately sell their share.
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July 04, 2018, 01:11:07 PM
 #583

I'm yet to see a bounty Hunter that will wait for about 6 months before selling the token. Tokens are known to be profitable in the first month of listing t except for some few. Not sure they have the parties for that. Sell off and on to the next project.

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July 04, 2018, 01:11:24 PM
 #584

I think not all bounty hunters who sell their rewards quickly me one of them. I never directly sell the rewards I get from bounty. usually I will hold up to the price as per my expectations.

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July 04, 2018, 01:37:31 PM
 #585

i am persuaded to ask. how certain is it that those who are selling off the tokens are definitely the bounty hunters because, in real sense, the decentralized system was not designed for people to know or take note of identity of those transacting and the coins or tokens are not minted to the names of people. so, what makes it certain that they are the ones selling. i dont't think they are.
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July 04, 2018, 04:29:29 PM
 #586

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.
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July 04, 2018, 04:42:42 PM
 #587

There are few reasons I think,
Firstly, many of the hunters do bounty to earn income, and when the tokens comes in, they sells to take care of their needs.
Secondly, some of the hunter are afraid of market drop which usually happens to many newly listed projects, so they sells immediately to avoid loss
Lastly, many believe they don't need to keep tokens because they will still get token as long as there's bounty campaign.
Which I think, bounty hunter should also learned the habit of keeping tokens to secure their future. He who saves will have something to fall on in future.
cryptowye
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July 04, 2018, 04:46:56 PM
 #588

The reason is simple money. Many are doing it full time, the rewards are their income. Everyone need to eat, so it is natural they would cash as soon they have to the chance to do so. Not many ICO able to realise their potential. I saw many at least dump half of thier rewards when listed. But if given a choice many wanted to keep, but this market is doing everyone any favour  Undecided Embarrassed
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July 04, 2018, 04:47:18 PM
 #589

I'm yet to see a bounty Hunter that will wait for about 6 months before selling the token. Tokens are known to be profitable in the first month of listing t except for some few. Not sure they have the parties for that. Sell off and on to the next project.
This is not always the way you say it. Many tokens will cost much more over time. And in the same way not all bounty hunters try to sell tokens at once. Many already understand what to expect - always more profitable.

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cryptoking33
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July 04, 2018, 05:00:14 PM
 #590

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's true that some bounty hunters sell their coins immediately they receive it because they need money for their daily up keeps, and also for the fear of a drop in price because of the number of people that will rush to sell their own coins.

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July 04, 2018, 05:11:49 PM
 #591

it is impossible to consider the participants in the bounty as second class citizens. They got money for advertising. It's like the ICO creators paid Google Adwords. Therefore, no matter how they manage the money - it is their right
ostsee77
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July 04, 2018, 05:13:20 PM
 #592

Bounty hunters sell immediately the rewards they have received from bounty campaigns simply because they don't want the value of that certain token will go down deeply.Anyway the rewards they got are already a sure money and have nothing to lose.
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July 04, 2018, 05:20:17 PM
 #593

Many hunters think that 50 dollars is a decent price for coins, and experienced hunters mostly hold a coin and then earn more, I always keep!
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July 04, 2018, 05:29:40 PM
 #594

Most bounty hunters are frightened and do not know how the market will behave, so they try to sell quickly what they got, even if they later regret it.

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developer101dev
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July 04, 2018, 05:37:41 PM
 #595

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 was actually depending on the person who earn the reward, if you are working for your daily needs then you should probably sell it immediately in the market but i highly prefer to hold your coins and wait for even a higher price in the future.
triplef
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July 04, 2018, 05:40:06 PM
 #596

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 some people just want to have fiat money in your pocket because don’t believe in every ICO project. And I consider it is as quite normal plan for bounty hunters.

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July 04, 2018, 05:40:53 PM
 #597

they follow the bounty to earn money. they work to follow the rules and want to get rewards in bounty. then when the coins from the bounty are distributed they will immediately sell it.
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July 04, 2018, 05:49:32 PM
 #598

Well I see the advantage in selling bounty tokens as well immediately rather than hodling it. If you take part in multiple bounties then it is better to sell and convert it to fiat or btc then keeping track of all those projects and bounty tokens.
varun bee
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July 04, 2018, 05:56:41 PM
 #599

depends totally in which bear/bull cycle one is doing its bounty, in bull cycle as soon you receive the tokens, it would be wise to sell them asap to gain maximum out of it whereas in case of bear cycle, it would be profitable to hold some of the payments to sell them in the bull market if the project has any potential in the future. people paying bills out of bounty programs need to have consistent cash flow so they dump at the very beginning.
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July 04, 2018, 05:57:47 PM
 #600

Bounty Hunters have many reasons and goals, many of whom to get capital for real-world ventures so they will instantly sell the rewards, but there are also bounty hunters learning about crypto that they can get more money by storing rewards they get from bounty over a longer period of time.
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