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Author Topic: Sell bounty token at a loss?  (Read 17811 times)
yla1974
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September 29, 2018, 08:50:05 AM
 #161

If you have free Bounty tokens, would you sell at a loss? It can have advantages or disadvantages to sell at a loss: to avoid more loss but also to realises losses.
Personally I would wait for a better overall crypto market and sell later, because it's a bear market right now. If price rises again you can make a better profit and get more money back per coin if you wait and sell later. Market recovery will be positive to many good projects.
What's your strategy to make most profits now?
As far as I understand, paying you rewards with tokens, this is your earnings for work. If you expect that the project will be successful, it can happen on a turn. Loss of money and time. Conclusion: take payment in Fiat.
The strategy is always one in the market. Do not walk with the crowd.
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petermike
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September 29, 2018, 09:47:39 AM
 #162

If you have free Bounty tokens, would you sell at a loss? It can have advantages or disadvantages to sell at a loss: to avoid more loss but also to realises losses.

Personally I would wait for a better overall crypto market and sell later, because it's a bear market right now. If price rises again you can make a better profit and get more money back per coin if you wait and sell later. Market recovery will be positive to many good projects.

What's your strategy to make most profits now?
In my opinion the tokens that i received from the Bounty campaign i will keep. Because when you get the token, the token price is often very low and unstable so if it is not profitable. Retention will be good for us if the market is good later you will make more profit.
Wabri
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September 29, 2018, 12:04:50 PM
 #163

If you have a plan to sell your bounty token, then you can sell it direct when they hit an exchange. Waiting and then selling for loss is not a good decision for you.
Osarman
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September 29, 2018, 01:35:24 PM
 #164

I think its an interesting questions who everybody is asking themself who is participaiting in boutny campaigns here on bitcointalk. So for me personally, i hold the most boutny tokens. Its for one reason. I participate just in bounty campaigns from projects which i also see potential. So the most of the projects im also invested with real money. Thats why i dont sell with loss.
Selling at loss is more like not even valuing the project in the first place, so why join such project then? This is one question I have always asked myself. If bounty hunters start seeing it as a way for them to rather utilize bounty as a means to be a part of the long term of a project by just working for it and not putting real life money, I want to believe they will end up being able to understand why selling at loss and the worst part even below ICO price is a damaging thing to do. One reason you will see some complaining about the short term price of a coin when they should be looking at the long term.
Lebrond
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September 29, 2018, 02:05:15 PM
 #165

If you have a plan to sell your bounty token, then you can sell it direct when they hit an exchange. Waiting and then selling for loss is not a good decision for you.
You join in best ICO bounty then it is very good to hold them until the price starts increasing because every coin price will be low when they list in the exchanges. So hold them until the market starts recovering their prices
Esterklu
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September 29, 2018, 02:14:46 PM
 #166

I no longer sell, when the prices were higher, then I sold at a small loss. Now it makes no sense to sell for cents. So I just leave tokens to better times.
Mahes4
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September 29, 2018, 02:17:43 PM
 #167

waiting until the project goes on the the price can be up later
but we have to be patience for waiting, it is not easy for unpatience people

yountt2
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September 29, 2018, 03:19:37 PM
 #168

There is no bounty token that is totally free,  you must have paid something for it be it your time,  your resource,  internet subscription and actually involving yourself with social media promotion or bitcointalk signature bounty.  Now to your question,  I will not just desperately sell without finding out the value of token I'm holding.  And if the token is a quality one, I will hold until it becomes valuable.

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axel2078
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September 29, 2018, 03:32:42 PM
 #169

The psychology of bounty hunters is that the tokens are the result of their work. And they will sell it immediately to receive some money. They are not interested in the project as well as its future and will panic at all. If the bounty hunters hold the tokens, the price of those tokens will not drop as they are listed.

Ledy Alise
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September 29, 2018, 04:38:04 PM
 #170

I fully agree with people who say that market right now is not good for selling anything, so I suggest we keep all our tokens and wait for better times.
untugede
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September 29, 2018, 04:52:21 PM
 #171

in my opinion there is no harm in selling a Token bounty even though the price is below the ICO price, but suppose we think the Token is good and has the potential to grow well in the future, we better keep holding the Token, even though we don't lose, but very unfortunate for example we sell it too cheap.

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whyrqa-1
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September 29, 2018, 07:38:31 PM
 #172

in my opinion there is no harm in selling a Token bounty even though the price is below the ICO price, but suppose we think the Token is good and has the potential to grow well in the future, we better keep holding the Token, even though we don't lose, but very unfortunate for example we sell it too cheap.
if the project is really promising, then it will be unprofitable to sell tokens even at a price below ico. If the project develops, then the average price should increase twofold.
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September 29, 2018, 09:58:28 PM
 #173

If you have free Bounty tokens, would you sell at a loss? It can have advantages or disadvantages to sell at a loss: to avoid more loss but also to realises losses.

Personally I would wait for a better overall crypto market and sell later, because it's a bear market right now. If price rises again you can make a better profit and get more money back per coin if you wait and sell later. Market recovery will be positive to many good projects.

What's your strategy to make most profits now?
Many sell their coins immediately after they received them because they need the money so they are not really thinking about the long term but about the necessity that they have right now, but there are also many that sell their coins immediately because they understand that they run the risk that if they hold their coins for a very long time they are going to lose their money.

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jeronimosuykens
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September 29, 2018, 10:20:05 PM
 #174

Notice the bounty campaigns we just spent the effort and time to earn them, in my opinion, just wait, until they grow again to sell, do not sell them too soon.
Eugenar
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September 29, 2018, 10:31:18 PM
 #175

If you have free Bounty tokens, would you sell at a loss? It can have advantages or disadvantages to sell at a loss: to avoid more loss but also to realises losses.

Personally I would wait for a better overall crypto market and sell later, because it's a bear market right now. If price rises again you can make a better profit and get more money back per coin if you wait and sell later. Market recovery will be positive to many good projects.

What's your strategy to make most profits now?
It depends on the token itself. There are promising tokens which should be held whenever the market is falling because there would be chances that its market price will eventually increase once recovery take over the market. But also, there are instances where selling is advisable such as for tokens which are having low market volume becayse the chance of these tokens to have a market price increase, is low.
Job7work
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September 29, 2018, 10:54:30 PM
 #176

I prefer to keep the coins sent for a long time, because they can increase in price, especially if it is a very well-known project
muncuss
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September 29, 2018, 11:46:02 PM
 #177

hold only applied to token with good prospect, coz there's chance that your coin will dump further and stay long at very low price.
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September 29, 2018, 11:51:12 PM
 #178

Selling bounty tokens at a losing price is really a wasted decision especially if the market is just in the bearish trend. Unless if this bounty tokens are already proven to be a pump-and-dump kind of token or the team behind it already abandoned it.

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Harriti
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September 29, 2018, 11:59:19 PM
 #179

Selling bounty tokens at a losing price is really a wasted decision especially if the market is just in the bearish trend. Unless if this bounty tokens are already proven to be a pump-and-dump kind of token or the team behind it already abandoned it.

You should have a more positive view of the sale of Tokens at lower rates. Because with bounty ICO tokens, you do not need to invest, just join the bounty campaigns to get tokens. It is perfectly acceptable to sell bounty tokens at low rates.


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September 29, 2018, 11:59:33 PM
 #180

Selling bounty tokens at a losing price is really a wasted decision especially if the market is just in the bearish trend. Unless if this bounty tokens are already proven to be a pump-and-dump kind of token or the team behind it already abandoned it.

Selling is sometimes cannot be called a act of desperation but sometimes it could be a way to cut their losses and buy at the cheapest so that the bagholder/trader could buy and retrieve nor to gain for the current flaws of their tokens. And they could select also to baghold more and buy to its cheapest so that whenever the coins pump then they could even earn more $ on the correct time.

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