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Author Topic: Sell bounty token at a loss?  (Read 17808 times)
Experia
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October 01, 2018, 01:22:29 PM
 #221

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?
.
if the coin is a utility one then you can really wait for more than a year but if the coin is a garbage coin then sell it immediately because it will really drops its price and hard for it recover anymore.
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October 01, 2018, 02:37:13 PM
 #222

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?
.
if the coin is a utility one then you can really wait for more than a year but if the coin is a garbage coin then sell it immediately because it will really drops its price and hard for it recover anymore.
Seemingly right mate and I've experienced that scenario. I'm holding my tokens from Bounty rewards but prices quickly drop down once it is listed on an exchanges. I feel bad with that and from now on,  I immediately sell my tokens once I've received it.
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October 01, 2018, 02:49:54 PM
 #223

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?
.
if the coin is a utility one then you can really wait for more than a year but if the coin is a garbage coin then sell it immediately because it will really drops its price and hard for it recover anymore.
in my opinion it is only a waste of time because it cannot be ascertained when we hold a coin for a year, for me when I get a reward from the bounty and the exchange market is available just sell, because now it is very difficult for a coin from an ICO project to go up after listing in the market.

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October 01, 2018, 04:35:13 PM
 #224

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?

No, I would rather hold them even for a longer time than selling them in a losing value. There is no use of selling them in losing value because it doesn't give a valid argument to sell unprofitably. Just hold and wait for the perfect time to sell when the value reach the moon.
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October 01, 2018, 05:10:46 PM
 #225

Even there is a token sagged in price it does not mean that it will not grow ! Why sell tokens for $ 10 if they have a much higher potential ! If you believe that the project has a future then do not sell !

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October 01, 2018, 05:34:36 PM
 #226

Even there is a token sagged in price it does not mean that it will not grow ! Why sell tokens for $ 10 if they have a much higher potential ! If you believe that the project has a future then do not sell !

You can't really sell a bounty token at a loss since you didn't invest any amount in it aside from time and effort. You don't lose money you didn't shell out. That's why for bounty tokens, i would't flinch selling them even at their initial value

 
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October 01, 2018, 11:58:40 PM
 #227

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?

Firstly, I always think that bearish periods can give you very big opportunities, but in addition to that, your portfolio can shrink more. In my way of thinking, waiting for the bull run can be a very profitable choice for your tokens.
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October 02, 2018, 03:34:47 AM
 #228

Firstly, I always think that bearish periods can give you very big opportunities, but in addition to that, your portfolio can shrink more. In my way of thinking, waiting for the bull run can be a very profitable choice for your tokens.
It really isn't all that Nice bounty for the token in the hold. a few token bounty with a clear concept of the project and certainly will be good for us to hold in a long time as the development of the project the bounty that we follow. but there are a few token a bounty after the release in Exchange after it did not increase because of the team do not develop project. so there's a nice bounty token in the hold, there is also a direct selling, because we all depend on the project.

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October 02, 2018, 03:55:11 AM
 #229

It is not good advice to sell the bounty tokens for loos because if you joined in good bounty which has the capability to develop further level then it is good to hold them as long as possible because with the development it will create a lot of trust in the community and the chances of increasing price are huge.
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October 02, 2018, 04:22:42 AM
 #230

I will sell my token despite its price is much cheaper than ICO's price. Because there is no reason to hold it in the bear market. When the token market occurs, if the token is definitely bearish and it is difficult for it to thrive.

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October 02, 2018, 06:52:11 AM
 #231

There are a few options open to you, either sell at a loss and buy back later or hold for long term. persoanlly I dont really see how you can sell bounty tokens at a loss, unless you put a price on your work for them- otherwise regarldess of price you sell it should be marked as a profit

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October 02, 2018, 08:23:16 AM
 #232

It is not good advice to sell the bounty tokens for loos because if you joined in good bounty which has the capability to develop further level then it is good to hold them as long as possible because with the development it will create a lot of trust in the community and the chances of increasing price are huge.
I do not even expect any bounty participant to be picking any how project unless there is a good future for it or else they really do not care about the project performance in the long run and they are just after what they want to get in the short term. For what it is worth, I believe that anyone who is smart should always be able to identify a very good project and they should consider themselves as investors as well. Most people who approach bounty this way are the ones who always tend to wait for the long term as long as the potential is still intact.

I will sell my token despite its price is much cheaper than ICO's price. Because there is no reason to hold it in the bear market.
If you sell with the plan of buying back in open market after the bottom is hit then probably you are going good. You must contribute to an ICO after many analysis then you can avoid selling them in losses. Otherwise, you might need to sell in losses and any recovery could be seen with that particular market for ever.
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October 02, 2018, 08:40:31 AM
 #233

You have to get the bounty tokens first. Than you can sell or hold.
Currently more and more doesn't pay the promised Rewards.

In addition, the high transaction costs for tokens are currently very inconvenient.
Some projects does not pay at the moment.
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October 03, 2018, 10:23:41 PM
 #234

Obviously, not an advisable action to make. Less profit will be earned and even if there's no assurance on when will the recovery exactly happen, people should choose to wait and hold in order to earn bigger once increase take over especially if a coin is really promising. Once recovery happen, we might also see development on the market value of newly listed coins.
For what I have seen selling for a loss is not such a bad idea especially if you are holding an altcoin that doesn't have a lot of volume, I say this because I have seen many people complaining about holding their coins for too long only to lose even more money, at some point it is better to just take your losses, accept it and move on than to keep holding hoping that things will change.

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October 03, 2018, 11:33:27 PM
 #235

You have to get the bounty tokens first. Than you can sell or hold.
Currently more and more doesn't pay the promised Rewards.

In addition, the high transaction costs for tokens are currently very inconvenient.
Some projects does not pay at the moment.

can not be denied if there are so many bounty projects that do not pay after the project is completed and there are many that have been distributed but left by the development team, so that tokens that have entered our wallet will only become spam.
the possibility of a market experiencing a very long slump has made it happen and many people are not responsible for using it all to be able to make a profit for themselves.

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October 04, 2018, 06:26:15 PM
 #236

For me no,just wait for the ATH of the token, as long the project is under development.. If you know something wrong going on with the project then sell it even at loss rather than the value become zero

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October 04, 2018, 06:56:41 PM
 #237

You have to get the bounty tokens first. Than you can sell or hold.
Currently more and more doesn't pay the promised Rewards.

In addition, the high transaction costs for tokens are currently very inconvenient.
Some projects does not pay at the moment.
yes you are right, for now there are many ico projects that make bounty, but bounty prize are not paid at all ,so for the moment I think before following the best step bounty we must correctly choose the right good project
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October 04, 2018, 09:27:47 PM
 #238

You have to get the bounty tokens first. Than you can sell or hold.
Currently more and more doesn't pay the promised Rewards.

In addition, the high transaction costs for tokens are currently very inconvenient.
Some projects does not pay at the moment.
yes you are right, for now there are many ico projects that make bounty, but bounty prize are not paid at all ,so for the moment I think before following the best step bounty we must correctly choose the right good project
If we take into account the current state of the cryptocurrency market, then no one can be sold at all. Especially if you are confident in the prospects of a project, then These coins should be kept until the market stabilizes.
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October 04, 2018, 09:41:53 PM
 #239

As dear stakeholders, choosing a project for bounty in other sense means you trust the project and are equally concern with the excellence of the project like other investors. You put in creativity, resources and time and still sell tokens earned from bounty for cheap?
Personally I would hold for a longer term to maximize my returns. However, we all have preferences and have every right to do what ever we want with our tokens.

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October 04, 2018, 11:51:00 PM
 #240

For me no,just wait for the ATH of the token, as long the project is under development.. If you know something wrong going on with the project then sell it even at loss rather than the value become zero
sure, the main idea is knowing a developing project. we must follow it anytime
then we can take a decision based on developing project

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