Why do Bounty Hunters Sell Immediately they receive reward?

[Aleksey1958]

For some, participation in bounty companies is the main job, they immediately sell the received tokens. When the market falls, it is better to sell the token before it falls in price.

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[cllo78]

It may be because these bounty hunters have not considered how the future development of these projects will be, just want to earn some money quickly, or it may be because these bounty hunters feel that these bounty tokens are meaningless and have no development prospects. , but I prefer to hold it for a long time.

[BitcoinPanther]

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.

Primarily, many bounty hunters are in for the cash, not for investment. They work for cash renumeration. Most of them doesn't want to invest nor trade. I believe that they are already happy with whatever they could come up with after the bounty has ended.

Though some will argue that it is not the best thing to do. Some will advice to let the coin/token mature a little more, that way, the incentive will be more rewarding too.

Nonetheless, what they do to the bounty reward the hunters get is really up to their own descretion. It might be bad in our view but enough and good for them already. As long as they are happy.

[SmithKline]

Because many people want to get their money immediately, for the time of work .

[Temibest2]

I don't even know why they do sell their token immediately they receive it. These are the set of people that cause the downturn in the market.

[Cenil]

only one reason I know why they immediately sell the tokens they receive from a bounty when the token is registered in an exchange, that is, they realize the price at the time of entering the exchange will be cheaper than the price at ico, then they assume if later the price of the token will decrease, but actually there is still a possibility that the price of the token will increase, it's just difficult to determine whether the token will increase or not.

[kaizerwald75]

Usually i prefer just to hodl my bounty tokens because i try to participate only in bounty campaigns of promising and ambitious projects.

[bunmilove]

With the latest update on all airdrops I think it is a waste of time as many peope are now going into bounty because it's more reliable

[kostepanych2]

Obviously, they afraid that the price of their tokens will drop and they want to fix a profit...

[starplaks]

In my opinion, what people will do with their awards is exclusively their choice.

[hheight]

Because everyone else selling too and the price decreases immediately. The longer you hold the ICO tokens, the lower the price. Of course, this does not apply to all campaigns, but most works like this.

[alik111]

thanks for your information

[withlove99]

There are many reasons for this: They may sell to get cash, or trader they sell and wait for low prices and buy back, maybe they sell to buy coin other and and many other reasons, etc...

[BitRentXx]

the first reason might be because they are in need of money, as you know currently the distribution of the project is so long whether it is such a cause, but it is clear that waiting for the project to pay has made the contents of the wallet run out, and inevitably the new coin will be directly sold, maybe only a small part is still holding it.

[alexsandria]

Because everyone else selling too and the price decreases immediately. The longer you hold the ICO tokens, the lower the price. Of course, this does not apply to all campaigns, but most works like this.

I agree on what you said almost all of the bounty tokens now is decreasing it's after it will get list on some exchanger and i am one of those bounty hunter who are selling the bounty token once i got it because i dont wanna sell my token when the value of it will got dumped.

[Spaikal]

Mostly when bounty given out, people are selling because they think the price will crash and they are triggering the crash.

[feranmi2018]

They have actually work for the token and some hunters will need to pay for internet service , electricity bill , feeding and many more ....

[biksa]

The vast majority of bounty hunters are not investors, they just work to get a salary in the form of tokens, and at the first opportunity try to withdraw coins into fiat.

[lti4301]

May be they dont trust that particular token or they are just very inexpeirenced and sell in early stages when the coin/token is being dumped...i think experienced bounty hunters these days hold those tokens,only the beginners make these mistakes

[tranquanghuy]

Because they need money. I'm sure that every bounty hunter follows the bounty program because they need money, even for cash or buy the top listed coins on exchanges. That is sad news for ICOs , but that is their choice !