Do you keep all your bounty coins or you convert some to ETH and BTC?

[nydiacaskey01]

I am guilty and I admit that I am one of those who joins bounties and airdrops and as soon as the token get listed in an exchange, I sell them right away. Compare the price of a token once listed versus price of token after 3 months. Majority I guess will see the price is when it was listed is higher compared to the price after 3 months. So I convert it to BTC or ETH and invest on another project.

[nestorjacob]

Some altcoins are great and even go on to increase in value whiles eth and BTC are falling so as to convert all your coin to eth or BTC is an individual belief and what you believe in. Either BTC or etc. Because these two are already established, people feel safer when their coins are in this form but it is not always the best

[amaydel]

Yes i am converting some of my alt coins to ETH and BTC because i know how these two cryptos can give me a 10x profit in just a couple of days. Those cryptos that are very promising based on my research and their team's effort are kept in my digital wallet for a long time until such time the value of those tokens are very high.

[dsdsdndn]

I transfer all my altcoins to Ethereum because I like this coin and have stable price
On my trading pair also I choose Ethereum

[Open4lies]

There are a lot of people out there who like you are selling cryptos right away when getting from the ICO bounty. This is understandable because their psychology fears that the fall in exchange rates will lead to losses. So that you exchange from Token ICO to BTC and ETH when receiving the Token from ICO bounty.

[seyola89]

Most times I always keep all my bounty and airdrop reward in the tokens as it is paid. I like to wait for some time for it to appreciate in sats value before I convert to bitcoin or ethereum. But I think OP method is a good one and I may adopt it

[Kiefner]

I think it makes sense to do this only to those participants who receive a fairly good reward, since many participants, this third will be spent on the formation of transactions

[beehimneff]

Yes, I fully agree with that! You should always divide your budget into three parts: 1- Fiat ( $ ); 2 - BTC & ETH; 3 - other altcoins. Preferably in equal percentage. But not always it turns out.

[huanglui]

Nowadays I hold most of my tokens with small value, but sell immediately tokens for signature campaign

[galinskiydmitriy]

I think that you are already wrong from the beginning. If you participate only in bounty programs in which you are 100% sure, then you will not need to sell even a few received tokens since you will be sure that you will earn more by saving this coin.

[Dmitry_K]

So far, I have kept my bounty tokens, but now I think that it's more correct to convert them into etherium or bitcoin. This is a more reliable asset for investing.

[Glen1989]

It all depends on the coins I hold . But more often I try to keep them for the long term. But such coins as Bitcoin and Ethereum of course should be in the wallet of everyone

[Mianae]

It's good at some point you convert your earnings into Btc and ETH as well. It's not advisable to stay in any altcoin fully you have to hedge even in Tether as no one knows what happens next.

[maximilian4aue]

I'm actually trying to keep the tokens for way longer than I use to, I am taking my time to do some research and to be more selective about the projects I work with, I'm trying to choose those that have a promising future or at least those that have a really good promotion on the media

[danherbias07]

Some will stay and some converted to ETH then for BTC.

I guess I just cannot hold longer when it comes to altcoins. Sorry to say but it is because of trust issues. They are more prone to be dumped because of their cheap prices. Even small investors become whales with the amount that they have and when they sell, it reflects into the price immediately.
Trading it would be better than just holding for a long time. Learned my lesson through experience.

[Yeahnoh]

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 generally convert the 50 percent of them to BTC, I try to keep the other tokens that look promising for a few months, or if they keep growing maybe I would hold them for a long term profit.

[vaniy-stepanovich]

It all depends on the particular project or the cryptocurrency. I sell some of the tokens. I leave part of the coins in my wallet, since I believe the projects and the development team. Therefore, I believe that you need to analyze every coin before selling. It is best and more reliable to store in bitcoin. But perhaps this is less profitable tactics.

[energodar2019]

I also try to do that, but sometimes companies pay so little that it is unprofitable to sell. So I just leave it in the project tokens for now.

[Crypto_circuit]

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?

While i think this is a nice idea.  I do not think you grow your crypto asset faster like this. Converting your other coin to BTC or ethereum is a good idea but for you to get multipliers, you have to leave your Other altcoin for a while for it to do some reasonable multiple so you can then take profit and convert to BTC or ETH.

[WiteNightOut]

Its good to have a mix of both long term HODLs and Bitcoin. I personally dont keep any ETH.