Sell bounty token at a loss?

[okan]

first rule of bounty coins are; sell it as fast as you can.
after a while all of them are going to 0 value slowly. when they firt enter market they are highly valued.

[Fredomago]

first rule of bounty coins are; sell it as fast as you can.
after a while all of them are going to 0 value slowly. when they firt enter market they are highly valued.

If you seen no future or you think that it's all about pumped and dumped why you need to hold, selling coins that doesn't have enough support will give
you chance to have some value of rewards, there's no chance of getting any support around the market so there's nothing that will happen but will ends
up to none value or dead project.

[ajaymukund]

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 have been involved in many ICO projects and I have encountered many different failures and successes. But to get the highest profit, sell all the tokens of potential projects.
Besides, keep the potential tokens and sell only half of them at any price. After that, please buy back at a lower price and hold it until the price increases. That's how I can earn more than $ 2,000 in a month.

[todayin]

most of the time, I will not be eager to make a reward for the token. i will continue to observe the progress of the project. If it's a good project, I will wait until it matures.

[Mame89]

In trading every person I think I have my own way of determining profits because all can speculate in accordance with the personal analysis of each while in my opinion if the coin from the prize campaign exceeds the minimum ICO price of up 5% it is better to immediately sell and do not expect too much more because something excessive was not good and because I hoped it was more that I had lost because of the price of the coin that I hoped to rise turned out to be plunging and out of control.

[Arian247]

As a bounty hunter don't take any bounty that offers lots of token as a reward, that's my principle though but if you must my advice is to hodl for most coins after ICO/TGE always loose value until after a while before it begins to show its true potential

[Idrisu]

People selling their bounty earnings is the reason why the cryptocurrencies market keep going down and some of the coins that could have survived get dumped immediately the are listed in any exchanges and for them become competitive become very difficult.

[Alpinat]

You know, Bounty hunters are not just people who wanted money on a specific campaign. They are the people that first see the potential of that token or coin so why they sell it at loss right? Bounty hunters are almost investors because they spend their time advertising it and also they hold it in a long term. Me as a bounty hunter I am not selling my tokens even if the price increase. I will just sell it if the right time comes and that is when that token is almost 5x bigger than its ICO price.

[TomArayaSlaya]

Most hunters do that if they consider the coin no longer valuable and it seems to have lost significant value for a big period of time and is considered that the project have a long period of inactivity and everything comes crashing down

[Wend]

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.

Sometimes the coins we get from bounties are not worth, So must better to sell them early than to hold it. But if we think this coins we has have a future must better to hold it and be patient always if we want to earn more profit.

[Ochakemaput]

Sometimes the coins we get from bounties are not worth, So must better to sell them early than to hold it. But if we think this coins we has have a future must better to hold it and be patient always if we want to earn more profit.

you are right, some of the coins from the bounty did not have a great development, and it makes better we sell in the beginning. but for a great project, we could see growth in 1 year and some of these coins have a very successful ride more than the price of the ICO they.

[batang_bitcoin]

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.

It surely has reduced for a year now, 2018 was full of scammy ICOs and even that's really a bad year. Investors learned that they shouldn't be brought up by hype especially with ICOs.

And because of that, if there will be no investor interested to those ICOs, the bounty will suddenly stopped.

[Vispilio]

I wouldn't say bounty rewards are exactly "free". Some of the bounties require a lot of meaningful work, and certainly there is a time value

and opportunity cost. So bounty hunters need to weigh in all these factors instead of dumping their earned cryptos at any price...

[sircy]

Selling coins at cheap prices is very bad in my opinion. We must be able to study the market situation and if coins are produced from the Bounty. I think you have to be patient and you can learn more about the ICO project roadmap. You better hold it until the market can recover and the benefits you get can also be more.

[Questat]

Selling coins at cheap prices is very bad in my opinion. We must be able to study the market situation and if coins are produced from the Bounty. I think you have to be patient and you can learn more about the ICO project roadmap. You better hold it until the market can recover and the benefits you get can also be more.

Sometimes it could be a good idea especially if the price will dump further.
A smart bounty hunters knows the effect of the bounty dump, and the market as well because at bear market, there's no way
we can see our reward at a nice market value, usually it's lower than the ICO price.
Some maybe force to do as they need money, in overall, bounty hunting is not as good as before the market turns bearish.

[sgenuine]

It would depend on my financial situation. If the money would be needed, yes. However, I sold some of these tokens, and manage not to lose. Now, I am not going to deal with the Bounties.

[miningguru]

It is not advisable to sell their bounty tokens for loos because if you joined in good company it is better to hold the coins for the long term. Most of the companies will start releasing their products after 3 months or 6 months duration. It is not good to sell them below the ICO prices.

[puremage111]

Well it really depends on how you wanted this token to be

If you know that you are not in rush, and the bounty token would appreciate its value in the future
There's no point selling it now when the valuation is not there

But on the other hand, if you know that the token is not doing anything and have an unrealistic roadmap
Just go ahead to sell at loss
No point keeping

[yeniruieni]

Already many people get gift coins and sell at cheap prices. When they receive a gift token and token entered in the Exchange, they will definitely compete to sell tokens. They fear that if prices fall in price, many tokens after selling prices will increase again. It can even increase higher. It's better to be patient and wait for prices to return to the top.

[nicecrypto]

Selling bounty coin/tokens immediately it get listed on the exchange has it's advantages and disadvantages, because when a bounty token get listed on the exchange and as a hunter you quickly sell it off, you maybe lucky or unlucky if the tokens latter appreciate in value and surpasses the price at which you sold, but bottom line is, bounty tokens are reward given to hunters for their services so they can afford to sell at any price, only that they might regret latter.