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Author Topic: Sell bounty token at a loss?  (Read 17881 times)
aziziasa
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April 13, 2019, 11:51:56 PM
 #621

Bounty Tokens are now undergoing a very long process. And when the coin is listed on the Exchange, the price immediately falls. It is indeed very difficult to avoid and to rise again the price certainly requires a long process. But I personally will not sell coins at cheap prices. It's better to wait for prices to rise again.

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patz22
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April 14, 2019, 01:32:50 AM
 #622

At loss? i there are no losses whether you sell it at peak or bottom since it is free anyway. You only risked your time and effort but I know it is also genuine. Unless doing bounty is your main source of income and for me doing this stuff is my extra income and even though I got my tokens and can sell at peak I will not sell it unless it is needed.
It's free but you know you spend your time to do the bounties, so it's not completely free. In my opinion you will never can sell your bounties token with the ico price, it's always below the ico price. So just ready for it and don't expect too much after you received the token from bounties.

I got your point that it is not free and we invested our timr and effort. For me, it is free because this is just a sideline probably this is your main source of income. Nowadays you cannot get the same ICO value as most or all ico tokens will go below the sale price and for me it is because whales or investors are into new coins/tokens.
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April 14, 2019, 01:48:10 AM
 #623

If you have collected quality coins like content protocols(cpt), serve and Populous(ppt) from bounty, I will advise you sell some to take profit and hold. The future seems very bright for cryptocurency this year and its manifesting it already
Why sell if you are sure to be bright for the crypto market? if it's only to look safe from the assets later it can go down I think it's better to just sell everything and get ready to buy it again at a cheaper price when the market goes down. because I'm sure pump and dump will happen at any time. all depends on how we use it. either from the bounty or from buying I think we can get a bigger profit if we can take advantage of the conditions of market movements.
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April 14, 2019, 02:20:48 AM
 #624

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 you have collected quality coins like content protocols(cpt), serve and Populous(ppt) from bounty, I will advise you sell some to take profit and hold. The future seems very bright for cryptocurency this year and its manifesting it already


I wonder why you sell some of your quality coins you have collected if you believe that this coin has a very bright future into bigger profits. This is mean that you don't have a coins you have mention because you needed, your intension is to buy at a low cost while market is at bearish.
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April 14, 2019, 03:02:43 AM
 #625

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?
Now in these moments of the market, the best strategy is Hold to the currencies that you have, we are in a phase of accumulation where what easily dominates is uncertainty and volatility, where you can lower a lot of price, because investors want to buy the most cheap as possible, and as the price of Bitcoin goes down, the altcoins follow it, according to Wyckoff's philosophy we are in the accumulation phase, where it is not advisable to sell, because it is the phase where it is really bought very cheaply.

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April 14, 2019, 04:20:55 AM
 #626

I wonder why you sell some of your quality coins you have collected if you believe that this coin has a very bright future into bigger profits. This is mean that you don't have a coins you have mention because you needed, your intension is to buy at a low cost while market is at bearish.
should he know that the coins he has from a high-quality bounty for the long term should be able to hold assets and not sell them now. it can bring more profit to him than sell it now and buy again when it goes down. due to current market conditions, it may be difficult to wait below.

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April 14, 2019, 05:32:09 AM
 #627

I wonder why you sell some of your quality coins you have collected if you believe that this coin has a very bright future into bigger profits. This is mean that you don't have a coins you have mention because you needed, your intension is to buy at a low cost while market is at bearish.
should he know that the coins he has from a high-quality bounty for the long term should be able to hold assets and not sell them now. it can bring more profit to him than sell it now and buy again when it goes down. due to current market conditions, it may be difficult to wait below.

Well it isn't that of a big deal for me since it's a bounty token and i didn't really shell out any money for it. Sometimes you have to wait for more than a year for a token's value to shoot up and you're not even sure if that's going to happen. As long as it has value i'm not going to regret selling it any price.

 
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April 14, 2019, 02:51:52 PM
 #628

My decision to this question will always be influenced by my financial situation at that moment. Like for instance, I am holding 25k pcs of ECT- its an airdrop token  which I got from sending 0 Eth to the contract address. I honestly forgot about it until I read that they're kind of pumping. When I looked, my 25k ECT would only give me a mean .12 ETH which is not much but I can use it to buy my family 2 days worth of meal, I'll take it than nothing. It's a shite token anyway Smiley
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April 14, 2019, 05:20:27 PM
 #629

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?
sending the tokens for very very low values is like ok it will definitely been not stable like today so you need to be confident because if it was valuable in the future it will affect your mind set and way of promoting yourself is reduced by the changes.
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April 14, 2019, 07:42:16 PM
 #630

I dont agree that bounty tokens are free. The participants spend time for posting here, publishing blog posts or advertising in social media platforms. It is not so simple. I dont sell them with a price that does not satisfy me.
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April 14, 2019, 07:51:47 PM
 #631

I dont agree that bounty tokens are free. The participants spend time for posting here, publishing blog posts or advertising in social media platforms. It is not so simple. I dont sell them with a price that does not satisfy me.
There's a lots of different opinions about this, but it's true why bothered to sell your rewards if you feel that it doesn't fits your expected value,
keeping it inside your wallets and hope for more development to happen will save you from regretting just in case the project succeeded, we
are inside crypto and we are not sure what will be the turned out point of every coins inside.
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April 14, 2019, 07:59:04 PM
 #632

Actually ill have some token free from the bounty that im participated and i sell them early if the price are higher to much. Because they have a time if we hold it the price will go down so much but if this token have some potential must better to hold it for more.

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April 14, 2019, 11:01:22 PM
 #633

As you said, it's a free token. Whether you sell it at low or high price, you don't have capital for it so its still a profit.

I don't really have a game plan to make most profits, as much as possible I don't count my profit and its just right amount. If you will aim for "most" you are likely to get out of your boundary and can do things that isn't right.
right what you say in situations and conditions like now we also have to be smart and thorough in following the project because now many projects that only contain fraud
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April 15, 2019, 04:54:59 AM
 #634

its up to you if want to sell them at loss.. bounty are considered investment as you put your time and effort on the project.. 
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April 15, 2019, 07:38:49 AM
 #635

As you said, it's a free token. Whether you sell it at low or high price, you don't have capital for it so its still a profit.

I don't really have a game plan to make most profits, as much as possible I don't count my profit and its just right amount. If you will aim for "most" you are likely to get out of your boundary and can do things that isn't right.
right what you say in situations and conditions like now we also have to be smart and thorough in following the project because now many projects that only contain fraud
That's the reality that many of them are fraud and this is why every bounty hunter should be vigilant choosing one.

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April 15, 2019, 07:53:48 AM
 #636

The Bounty program is an amazing attraction because it can produce good results. However, when entering 2018, market prices began to decline. And that also affected the development of the Bounty. Bunty also slowly declined and many fake prizes. So now you have to be more selective in choosing the Bounty project. And don't sell bounty coins when the price falls.
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April 15, 2019, 08:23:00 AM
 #637

I get coins from the Bounty, I don't think it needs to be sold in a hurry. We must be patient and wait for the coin price to rise. Many people sell gift coins in cheap conditions. That's because of fear if the price of coins continues to decline. In my opinion, sales aren't good and it's better to keep holding coins.

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April 15, 2019, 09:07:33 AM
 #638

From my experience about free coins is not to sell when prices decline. Many coins that I have sold at cheap prices and now the price has increased very high. This is a valuable lesson for me, that the price of coins does not always go down. However, it will also increase again so we can sell and make a profit.

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April 15, 2019, 09:47:23 AM
 #639

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?

i don't sell bounty tokens. so sometime already but not directly when they land on the stock exchange.
1) the tokens didn't cost me anything. so it's not urgent and
2) i hope for better prices in the long run.

so it should be if one supports only promising projects Smiley
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April 15, 2019, 10:01:47 AM
 #640

As you said, it's a free token. Whether you sell it at low or high price, you don't have capital for it so its still a profit.

I don't really have a game plan to make most profits, as much as possible I don't count my profit and its just right amount. If you will aim for "most" you are likely to get out of your boundary and can do things that isn't right.
right what you say in situations and conditions like now we also have to be smart and thorough in following the project because now many projects that only contain fraud
That's the reality that many of them are fraud and this is why every bounty hunter should be vigilant choosing one.
So many scam icos but it looks like that has already reduced. but the problem is not so many people are aware about how to do that. Mostly of bounty hunters don't even care about that and they are blatantly joining in any bounty.

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