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Author Topic: You've earned tons of tokens, NOW WHAT?  (Read 88455 times)
eagleman
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December 24, 2018, 09:18:58 AM
 #441

If you are talking about bounty tokens, I advice you not to join the campaigns which are not worth it. Try to find a good campaign with will bring you a good profit.
It's not also about the profit only but take note of those notable campaigns and bounties that will surely give you what you deserve.

You may have a lot of tokens but if they are all worthless, your effort will be useless.
GunsLair
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December 24, 2018, 09:20:10 AM
 #442

I managed to sell some coins received from bounty at good prices, some are in my wallet and the price is very sad now. Some coins I sold, recently increased in value. But I have no regrets and I'm sure that I'm doing the right thing at one time or another.
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December 24, 2018, 09:38:20 AM
 #443

The crypto world is growing everyday even with the rise and fall of the crypto market, that hasn't stop the massive growth happening now. Altcoin particularly has evolved that even noobs find it promising to lay hands on some coin.

Yes with a good and lucky trading you can earn some good money from crypto. Also through investing in an ICO or doing some bounty hunting you could find yourself with tons of tokens.

So months after months, you've earned yourself with tons of tokens but currently doesn't have much value or you just don't know what to do with them. You keep getting that hunch that your tokens will blow one day and you will lambo.

The truth is, we never can tell which project will eventually succeed or fail, we can only do research and hope it succeed like following up the project and see if any positive progress is happening. Many tokens dumped shortly after ICO and has been dead since while some are fairly stable. Personally, im a hodler because i believe cryptocurrency is a gamble which we sometime win some or lose some, so i HODL hoping in the long run some will succeed.

So, what do you do with your numerous tokens? Do you convert them to fiat or Hodl the ones you can?

I am working as a bounty hunter since 2016 and making my living in this way. I have 7 ETH wallet and i have collected more than 450 different coins in 3 years. Ofcourse i did sell some when i need money but usually i kept them. But also i can see that usually their prices still like 1/10 from the ICO price. So i always tell myself that i have to wait more. My plan is waiting as much as i can.
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December 24, 2018, 09:47:28 AM
 #444

That is very true ,that we bounty hunters have been rewarded with many tokens,from different bounty campaign ,but the big difference is that the market today is now experiencing fslldown of prices , the value of the new tokens are very low that you can not earn even nothing from your work, it is not worthy for helping the project ,even though the ICO bounty is successful.
bitcoinst
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December 24, 2018, 09:55:14 AM
 #445

I think that most of the coins received from the bounty will not be able to restore their positions, I hope that at least 30% of what I have in my wallets can be sold with good growth.

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kdiag
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December 24, 2018, 09:55:20 AM
 #446

only hold until better times, because even if I sell all the tokens now, it will be a very minimal profit, which is even ridiculous.
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December 24, 2018, 09:56:10 AM
 #447

Most of the tokens are scam project and they are not trustable much so I didn't hodl any tokens in 2018 bear market and I am happy to doing like this. I invested to big projects like ripple and they are performing good graphics.

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December 24, 2018, 10:04:17 AM
 #448

There are two things that I normally do with my coins. First is that any coins that are already listed in exchange , I will exchange and convert to my local fiat and safe for better tomorrow. secondly the ones that are yet to be listed, those are the ones that I will hold and wait for it  to be listed and sell for my real profit.                                                                                                 z                                                                                                                                                                                                                                                                                               
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December 24, 2018, 11:54:34 AM
 #449

I prefer to keep them up to the good news so that the price of these tokens starts to rise relative to bitcoin. And you need time to sell them. Since most projects will eventually die.
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December 24, 2018, 12:09:48 PM
 #450

I earned a big amount of tokens last few months and I really want to hold it because I want to get a better profit this coming year. And I don't usually convert it to fiat unless it is needed for a emergency needs for my purpose that's why I keep getting more interested in investing in some of my favorite currency.
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December 24, 2018, 12:21:11 PM
 #451

I prefer exchanging mine for BTC as soon as possible, because in most cases the value of tokens drops with time dramatically. It's a pity that they don't usually give you the tokens the very day they appear on exchanges, and when you really get them you see that the price is already much lower than that was in the beginning. But one time I actually profited because of the delay. I wasn't checking MEW for more than a week and when I checked it I found tokens which had risen in price 4 times since the beginning. I sold them right away, but to tell the truth, they had risen in price 4 times more during the following week. You never know when is the right time to sell.

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Xtinah
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December 24, 2018, 01:41:02 PM
 #452

I am holding tons of tokens I earned from participating in bounties and airdrops at the moment and some I also bought, I'm just hoping some would pump  and give me a huge reward for holding. We can only wait and hodl till they are worth something better.
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December 24, 2018, 04:42:33 PM
 #453

It is a pity that some tokens have not had time to sell on time because I think that they will never recover in price so in my portfolio silence until better times.

Of course, this is not very good, because today many will do so, in the end it will reduce the number of projects and coins on the market, which in the end should provoke a rise in prices on the market.
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December 24, 2018, 05:11:32 PM
 #454

Yes, I now have a lot of coins, and unfortunately it costs a lot. But no one knows what will happen in the future, perhaps the price will grow many times, so I keep everything and do not sell
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December 24, 2018, 09:20:19 PM
 #455

As for now that the market is in great crises of its price falldown all that are connected to cryptocurrency especially the market are all affected, and so I have many tokens in my wallet ,but it is not worth because the price of the token in the market is so very low ,then it can not be traded for it has a fall down value .

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December 24, 2018, 09:44:12 PM
 #456

I don't have another choice than hold my ETH zoo, as i am calling it. Most of tokens are so cheap that i can not sell, but some have future and i don't want to sell. So, i am not selling nothing, except days i need extra cash.
serejandmyself
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December 24, 2018, 09:48:47 PM
 #457

It is really hard to track all the tokens/coins from the wallet. What I realised, best option for me to keep no more than 10-15 coins in wallet and to follow them. I have a bunch, and I am waiting to share with new masses :-)

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December 24, 2018, 10:04:06 PM
 #458

I have earned a lot tokens and I will have to hold them for a long time, I believe in this space, I believe that in the future the space has a lot of potential to grow so I will hold most of the tokens I am getting now for the future.

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December 24, 2018, 10:28:12 PM
 #459

The crypto world is growing everyday even with the rise and fall of the crypto market, that hasn't stop the massive growth happening now. Altcoin particularly has evolved that even noobs find it promising to lay hands on some coin.

Yes with a good and lucky trading you can earn some good money from crypto. Also through investing in an ICO or doing some bounty hunting you could find yourself with tons of tokens.

So months after months, you've earned yourself with tons of tokens but currently doesn't have much value or you just don't know what to do with them. You keep getting that hunch that your tokens will blow one day and you will lambo.

The truth is, we never can tell which project will eventually succeed or fail, we can only do research and hope it succeed like following up the project and see if any positive progress is happening. Many tokens dumped shortly after ICO and has been dead since while some are fairly stable. Personally, im a hodler because i believe cryptocurrency is a gamble which we sometime win some or lose some, so i HODL hoping in the long run some will succeed.

So, what do you do with your numerous tokens? Do you convert them to fiat or Hodl the ones you can?
Good observation. At first, it might look very interesting to earn tons or say millions and even billions of tokens, but the question is; what is heir worth?
Some tokens can be very useful, have value as well as nice and encouraging price. While you may have good tokens, some tokens can also be worthless and you know what that means.
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December 24, 2018, 10:54:31 PM
 #460

Earning tons of tokens isn't really the problem as you could earn a lot of tokens with completely worthless value. The most important this is to actually own tokens of value and in so doing, it ensures that you have digital assets that can be liquidated when the time is right. If you have earned valuable tokens, they become like digital assets that can be used, sold and bought. When acquiring tokens, it is important to ensure a decent background check is done for the project before purchasing their tokens. 
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