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Author Topic: Do you keep all your bounty coins or you convert some to ETH and BTC?  (Read 871 times)
Supec77
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August 03, 2018, 07:05:39 PM
 #161

Well, I keep in tokens,and the meaning of them now is to sell in bitcoin when they did not give a good profit, those who shot well, of course sold in bitcoin,and bought other promising altcoins for it
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August 03, 2018, 07:37:49 PM
 #162

If it is a good project I will keep them until I reach my target. Otherwise, I will sell them when received and feel good value. At present, market conditions are not good when receiving tokens and they are listed on the exchange, then selling is probably the best option. At present, the market trend is not clear, but the new token will almost certainly decline.
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August 03, 2018, 07:40:40 PM
 #163

after the platform's release, the specific token starts to increase due to its demand, but it always falls on ICO or altcoins.OP is right, you have to convert some but not all of them to have some confidence that you will not miss any moon or pump from trading the token, as the price may go beyond the ICO price depending on the experience or the worst volume 0.
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August 03, 2018, 08:18:53 PM
 #164

I don't keep all the tokens I get from bounty campaign, I sell some of the tokens and I keep the ones with potential to be huge in the future.

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August 03, 2018, 08:24:38 PM
 #165

I don't keep all the tokens I get from bounty campaign, I sell some of the tokens and I keep the ones with potential to be huge in the future.
There is no wrong of holding them all when we saw potentiality on it in the future.  But base on my experience, bounty tokens will go down fast once listed in any exchange. Do I'm holding it at first and wait to be back but it will continue to go down that's why I've started not to hold anymore and I converted it into btc and eth.
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August 03, 2018, 08:34:50 PM
 #166

It will depend on the ICO Project. The altcoin I am receiving examines if I have the potential to increase its price before I decide whether to sell or hold. So if their project is legit and unique I just hold it until the price rises and has volume.
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August 03, 2018, 08:50:24 PM
 #167

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?

If you are really working for projects that you believe in, you should keep a large amount of anything you receive, there is not much money without that step.

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August 03, 2018, 10:35:04 PM
 #168

The truth is that people will not keep all their bounty coins or tokens. Sometimes, you will have to sell some and keep it either as ETH or BTC while you keep on hodling the rest. Even the project developers too sell some of their own coins or tokens for BTC and ETH. There is no denying that fact.

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August 03, 2018, 10:51:14 PM
 #169

I look first, if my bounty coins has good potential in the future then I hold, if not then I will sell it and buy BTC.

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August 03, 2018, 10:55:44 PM
 #170

Sometimes, I do immediately convert my tokens into Bitcoin or ethereum if I think it would not be profitable holding for a long period of time. Not all newly listed tokens would be worth holding for a couple of months and since the market value of ethereum and Bitcoin are continuously increasing, it would be practical to think of such thing. But still, some newly listed tokens are promising so it does depend on the token.

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August 03, 2018, 10:58:09 PM
 #171

I hold some that have working project, while I sold many that are not with working product presently
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August 03, 2018, 11:04:42 PM
 #172

There is no simple answer to this question. I would say that I am holding it for a while and check the way they are moving and developing, then I decide what to do with it. Most I am selling and convert to ETH, Bitcoin or some other promising project and some are very promising project themselves and I keep them.

 
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August 03, 2018, 11:36:27 PM
 #173

Not at all. I commonly will convert the coins from bounty into crypto if the prices of the coins are enough for selling. I really don't want to follow the popular condition whether the bounty hunter always sell the coins after distribution in the very cheap price to convert it to BTC or ETH. Just see the condition, coin, and also progress.

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August 03, 2018, 11:54:58 PM
 #174

I will see the price of the bounty token, if the price exceeds the ico price, I will definitely sell the token I and I convert to bitcoin. Currently the average bounty token is below ico, so I will hold all my tokens first.


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August 03, 2018, 11:59:30 PM
Last edit: August 04, 2018, 12:32:49 AM by jonsky05
 #175

I keep my coin hold until I will see  my coin in a good profit. I don't want to sell it immediately because it will cause losses. Some bounty hunters losses their earnings because they sold it immediately even the price is not good in the market which it's not good.

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August 04, 2018, 01:07:03 AM
 #176

Most times i sell them and exchange for fiat, but recently i have learned a new skill

i sell them, buy back same quantity at cheap cost and then i convert the profit to fiat and enjoy the profit and both the investment for another of pump
Thats the sequence that has to be followed.


You do have a good strategy for the bounty coins you received. For the first time I received my bounty coins I exchange it to cash like sell the coin I have.  But I learn to hold it and some of them convert to btc or eth to earn more profit than selling it right away.
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August 04, 2018, 02:15:16 AM
 #177

I always sell it and I exchange it with my country's currency. I think it's better for now than exchanging it with ethereum or bitcoin. because I really prefer to exchange it for money.
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August 04, 2018, 01:03:01 PM
 #178

The strategy you have pointed out here is really a good one and I must say it will be successful also but what I personally prefer is I invest on some good projects and then the bounties i get i wait for the time when the market is red and I can buy more coins from the lesser money and then I invest some of my coins into some trustworthy coins like btc and eth because I believe they are not going to end so easily and we can invest into them with the utmost patience as right now coins require long-term of investments with fewer panic thoughts.
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August 04, 2018, 03:13:45 PM
 #179

Usually I am keeping all those because of the project that stays behind, I'm thinking also that we have a perspective project and then it means that common will gain some value with time, few months after.
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August 04, 2018, 03:17:23 PM
 #180

I hold most of the altcoin when joining the Bounty program!
I believe in the success of the project I participated in Bounty!
Digital money will be restored and developed in the near future!
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