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Author Topic: Why do Bounty Hunters Sell Immediately they receive reward?  (Read 6391 times)
Nmizu
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September 29, 2018, 10:57:26 PM
 #1441

Some people sell there token immediately after the recieve there token, Is Because the are afraid that maybe the price of a token will fall down, And the want to insure themselves against losses Undecided
Bella Thorne
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September 29, 2018, 10:59:41 PM
 #1442

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 am one of those bounty hunters are selling immediately the bounty rewards because i know that all the token will not pump for long time, all the token will surely dump after 1 week or 2 weeks and i believe selling the bounty immediately is the best thing to do.

xhibit1
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September 29, 2018, 11:02:46 PM
 #1443

One of  the reasons we witness such a thing happening is that most developers tend to dump the prices of a token as soon as trading commences. so in order for bounty hunters not to miss out, they want to dump so as not to be at loss
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September 29, 2018, 11:07:02 PM
 #1444

most of the bounty hunters immediately sell their tokens after they get it because maybe they need money and there are some of them who make bounty hunters as their job so they immediately sell tokens for their needs

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September 29, 2018, 11:07:40 PM
 #1445

The first of us, that many people sell the token results from Bounty to meet the needs of life, and there are also those who are then used as investors against other coins that I think

s0beit
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September 29, 2018, 11:09:31 PM
 #1446

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.
We have different reason why some bounty hunters sell immediately there token maybe they are need money to there family so that they sell it once they receive it. Some they want to hold ether or bitcoin that is why they sell it early.
veekky
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September 29, 2018, 11:10:16 PM
 #1447

There are some reasons for that. First of all, hunters in most cases are 3rd world citizens, so they simply need money to get by,that's why they sell tokens. Also they participate in hundreds of bounties and there is no reason to hold so much tokens
bartusv
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September 29, 2018, 11:21:37 PM
 #1448

It happens when the bounty haunters do not trust that particular token and they sell and buy coins that they trust more or sell them for Fiat. Not all the bounty hunters are traders and they want their reward to be safer. Some of them are holding and waiting for higher price and bigger profit.

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euggio
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September 30, 2018, 06:43:08 AM
 #1449

I fully understand these participants, for them to wait is too great a risk, so they choose to make a profit here and now. In my opinion, the most optimal option is to sell half of the coins, and leave half in the hope of growth.
mobilazy
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September 30, 2018, 06:52:29 AM
 #1450

Because it the same what developers do. They convert all funds to US dollars and then don't care about ETH and BTC price. So bounty hunters do, because token price drop 90% and this is normal.

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barnes13
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September 30, 2018, 07:05:12 AM
 #1451

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 bounty hunters do that, because they want to get instant rewards. Of course they do not think about the price of tokens that appear in the market whether it is under ico or not, they just think about selling and getting a prize with what they have done. I understand this must have a huge impact on the price chart for the token. Because massive sales can drop token prices below the ICO price.
edir_ruvall
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September 30, 2018, 03:44:04 PM
 #1452

Because it the same what developers do. They convert all funds to US dollars and then don't care about ETH and BTC price. So bounty hunters do, because token price drop 90% and this is normal.
I have not read any proof that developers are often doing this and your reason might not be correct. Most blockexplorers don't show ICO funds being moved.
Wolfwar
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September 30, 2018, 04:09:44 PM
 #1453

Because it the same what developers do. They convert all funds to US dollars and then don't care about ETH and BTC price. So bounty hunters do, because token price drop 90% and this is normal.
I have not read any proof that developers are often doing this and your reason might not be correct. Most blockexplorers don't show ICO funds being moved.
in any case, I think that the tokens are falling due to the drain of coins by investors, and not by the Bounty members of the company. The average total pool of Bounty is a company of 2 or 3% and this number of tokens can not influence pricing, when entering the market.
beswaax
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September 30, 2018, 04:10:47 PM
 #1454

This situation is quite often. In most cases, the bounty tokens are distributed several months after the end of ICO. So there are different reasons why they do so. wether project does not promise a growth or they are short of money
Cianix
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September 30, 2018, 04:11:52 PM
 #1455

Well, in this market, I think everyone sells, a lot of coins that only go to the exchange immediately go to a very big minus and keep them not profitable

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October 01, 2018, 12:21:42 PM
 #1456

Not many bounty hunters sell their reward immediately after receiving it, but if they sell, you can make a guess that there was a need!
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October 01, 2018, 12:29:36 PM
 #1457

There are two reasons: first one is that bounty hunters are not rich people, they need money, that is why they do such work. the second reason is that most coins lost in price in bear market. so selling after listing is a good choice to save earned money.
Crypto Lady
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October 01, 2018, 12:36:15 PM
 #1458

Most likely these people do not have a sincere faith in the project, so they sell the coins they earn right away. I think that this is due to the general fall of the crypto currency market.

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October 01, 2018, 12:38:22 PM
 #1459

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.
What I think may be responsible is that most of them are usually very broke. They live mainly on cryptocurrency or payments received from the bounty campaigns. As soon as they get paid, they sell immediately to eat.

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NewBet
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October 04, 2018, 12:05:56 PM
 #1460

It is due to the belief that the coins that they have been paid with are going to end up going down in price so it is better for them to sell off the coins at the best chance they have which is right after they have been paid the coins. When they sell they are also driving down the price of the coin further down which is why the bounties wait so long to pay out the coins
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