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Author Topic: Do you keep all your bounty coins or you convert some to ETH and BTC?  (Read 903 times)
Fritz93
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July 26, 2018, 05:39:24 PM
 #81

I almost always act like that. The ethereum and bitcoin are the two most important and strong coins. They are already settled, and have a rating of the most influential coins.
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July 26, 2018, 05:44:21 PM
 #82

Well spoken, I know people that sells their and use the cash for other investments outside crypto world. But like you said converting some of it to BTC or ETH is also a good way of preserving them for the future use. Thank you for sharing your idea on this.
Gabri
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July 26, 2018, 05:46:08 PM
 #83

I don't see the point in selling bounty awards to the company now. Almost all coins are so cheap that they simply do not justify the time spent on their production. It is much wiser to keep them in your wallet and wait for growth.
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July 26, 2018, 05:51:52 PM
 #84

i'm not sure what to do with my bounty reward. probably keep first and wait. i believe that if i sell too soon, i will make less profit in the end defect.
gabbie2010
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July 26, 2018, 05:53:48 PM
 #85

Well I always research for prosperous coins not pump and dump coins, then hold as long as I can because there are touching stories of some bounty hunters who dumped their coins and thereafter the coin pumped 10x be as it may it quite difficult to know the potential ones but with diligence and research its quite possible.

zeze18
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July 26, 2018, 06:03:56 PM
 #86

Coins like BTC and ETH have proven beyond reasonable doubts that they are the best and more safer coins to invest. My little advice is that, whenever you get your altcoins, it would be better to convert at least one third to either BTC or ETH to serve as some form of insurance to your tokens in case it fails to survive. I used to keep all my altcoins and now that the market is red it has badly affected my investment. And mind you, those new altcoins are not like BTC and ETH, they can get zero volume anytime so they are not reliable. Is there any other person with a different view or everybody agrees with me?

I usually do half and half when the time is right.
Such as if my bounty coin will enter the new exchange, usually the price will go up, i sell a half to eth or BTC.
just_Alice
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July 26, 2018, 06:10:59 PM
 #87

I keep them. First of all, a lot of altcoins you get after ICO launches aren't even listed on most of the exchanges. Second of all, I don't know how about you, but the coins I received weren't worth anything. For instance, I got lots of ShiftCash coins, but they all are worth about 1 USD, what's the point in converting them into ETH, to have 0,0021 ETH? On the other hand tokens can increase in price unexpectedly, like it has happened with TTV, and they'll be much more worthy. But, whenever you have a non-popular coin which has suddenly started to increase - I agree that the best thing to do is to sell it off, or convert into top coins, as the chances that such a coin will keep up the price are very low.
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July 26, 2018, 06:27:36 PM
 #88

it all depends on the specific project. but in most cases I try to keep the coins. sometimes I sell half and leave the rest. at the moment the market is at the bottom and I think it's better to keep the coins and buy the rest while the price is low
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July 26, 2018, 06:35:53 PM
 #89

I admit I really agree with you, it would be better if we token or altcoin that we get changed to bitcoin or ethereum because the price of altcoin or tokens is very unstable so it is very risky if we hold it,
amanarora_1
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July 26, 2018, 06:38:10 PM
 #90

I create two types of coins after getting from Bounty participation. If bounty coins are valuable, i convert it in ETH only and hold it in exchange. If coin (Bounty coin) is low in price, then i just hold it in wallet. I think this is the best way to use bounty tokens for profit.
Taniya1901
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July 26, 2018, 09:58:44 PM
 #91

I'm not selling right away. I think it is necessary to withstand at least half a year, to give the coin its potential, if it is certainly there. If it will leaf on several exchanges, it will grow well in price
blackhawkeye1912
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July 26, 2018, 10:23:53 PM
 #92

I sell them and exchange to my country money immediately when i receive them.

If I think that some of the coins are potential I hold them for a while, but most of the time I sell them at once which is commonly happened for

the bounty hunters once they've receive their rewards token.
batang_bitcoin
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July 26, 2018, 10:26:09 PM
 #93

Just dispose those altcoins that has no volume in exchange so you're saving your time, your hope and effort by not keeping that coin anymore.

And it's a good move if you'll convert not only 1/3 of it but as much as possible half or more than that to make your portfolio's better and more secure.

The ones that are crying when bitcoins surging are the ones who doesn't have it on their portfolio's so if you want to be one of them, hold alts but if not then start buying bitcoin.

Jassi.21jaspreet
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July 26, 2018, 10:27:49 PM
 #94

Well, i keep my altcoins as it is. As i have some coins which have some potential to grow. I will convert them when market situation is better.
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July 26, 2018, 10:30:08 PM
 #95

If I have assumptions that it is a promising token, I'll probably be holding it than to convert it since there are newly listed tokens that are having a more active market value than Bitcoin and ethereum but within  a short period of time. But those that are not, ofcourse I would prefer holding or converting it to either Bitcoin or ethereum.

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July 26, 2018, 10:32:06 PM
 #96

convert into a bitcoin ethereum nor indeed is a good thing, in fact, is also a secure way because it is potentially crypto for the future. But if the coin from the bounty that is owned is promising and has the potential for development is good naturally better hold only. When it reaches the high prices will certainly be able to give results that are quite satisfactory.



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dakiller
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July 26, 2018, 10:34:10 PM
 #97

I usually keep these types of potential tokens. It's understandable that when I tested the actual applicability of that project, I decided to keep it.
The results are all down now. However, that is the general trend of the market.
The rest turned into ETH when I felt its project was not feasible.
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July 26, 2018, 10:34:44 PM
 #98

Coins like BTC and ETH have proven beyond reasonable doubts that they are the best and more safer coins to invest. My little advice is that, whenever you get your altcoins, it would be better to convert at least one third to either BTC or ETH to serve as some form of insurance to your tokens in case it fails to survive. I used to keep all my altcoins and now that the market is red it has badly affected my investment. And mind you, those new altcoins are not like BTC and ETH, they can get zero volume anytime so they are not reliable. Is there any other person with a different view or everybody agrees with me?

This is a great strategy to hedge over one's investment in the crypto space. No one knows which project will succeed or fail but it is best to invest in coins that have the majority holders which you state is Bitcoin and Eth.  Thanks for the tip

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July 26, 2018, 10:38:13 PM
 #99

I definitely agree to you because as I observe I literally lost any profit from bounty tokens I didn't convert it immediately to btc or eth that's why I lost my profit income and for now I already convert my alts before it will dump.
Catmony
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July 26, 2018, 10:43:28 PM
 #100

The only few bounty I have ever joined never gave me any good return at all but one that I sold before a major 10x pump still make me sad. I made bad decision and sold all of my bounty tokens for few hundred bucks if I could have held them for a week of so I could have thousands in my hand. My advice is just hold your tokens and wait for major surge in it's price than sell on peak, but don't get too much greedy.
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