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Author Topic: How do you comfort yourself after receiving token from the bounty program?  (Read 1310 times)
Ranly123
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February 23, 2019, 06:45:11 AM
 #21

In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?

I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!

For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$. Smiley)

That calculation is applicable on from year 2017. I see it differently nowadays because some tokens price will be lower than the ICO price after completion.

debby070
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February 23, 2019, 06:56:51 AM
 #22

In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?

I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!

For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$. Smiley)

That is just based on the market price and situation and still considered to be fair. Well, I think I do not need to comfort my self about that as they just pay us for our alloted work done to their project.

yeniruieni
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February 23, 2019, 08:38:28 AM
 #23

For now, you only make a little money, unlike 2017, buying just a few coins can make a lot of profit. I think market conditions will not always heat up. And when the 2018 price starts to decline and trade or the Bounty campaign only produces small profits. And sometimes we suffer losses.
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February 23, 2019, 08:43:34 AM
 #24

I don't compare the rewards in 2017 because it will keep discouraging me,what I do is to check if the project has got prospect for to hodl and if not I will exchange for better coin immediately.
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February 23, 2019, 08:45:24 AM
 #25

Now you should not hope that you will be able to sell your tokens at the price of ICO. You can safely divide by 10. And it will be at best.

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Crypto24hrs
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February 23, 2019, 08:46:35 AM
 #26

Sometimes i participated in a bounty a project called arbitrage and i was only paid 48 of the coin but late last year that little coin gave me more than $200, so when ever i am been paid irrespective of the quantity i am happy because that little drop of water can become a mighty ocean.
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February 23, 2019, 09:03:52 AM
 #27

In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?

I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!

For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$. Smiley)

it would be nice if it were so but it is not usually after the end of the ico the value of the token drops drastically once we reach the dex say that if the price of the token was $ 1 finished the ico can also reach 0.1 $
cepot9
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February 23, 2019, 09:53:00 AM
 #28

in my opinion, your way is to entertain yourself, but for me, this is just lying to myself, if I only work on a project, then I count how much I get if they are worth the same as ICO sales, and I don't always expect to get results according to the price of ico to make me not too disappointed I assume that I get half
masterrex
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February 23, 2019, 10:32:13 AM
 #29

In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?

I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!

For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$. Smiley)
Thats crazy i think! You keep fooling yourself out of nothing. Just accept the fact and thats it no more chitchat. no need of comforting by imagining something doesnt exist we are living in the present we can see the reality if we recieve in that amount well thats the reality and we cant do anything about it. Just accept the fact to avoid stress!  
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February 23, 2019, 11:00:05 AM
 #30

In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?

I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!

For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$. Smiley)

We're around the bottom, but still this state could last for months before the market takes off eventually. If you don't need money ASAP it's better to keep rewards until the bull market. If you need money asap it's better to withdraw rewards asap as well. But I prefer something in between - 50/50.

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February 23, 2019, 11:30:12 AM
 #31

I think that a very small number of experts in the world can accurately predict what will happen in the future and what prices will be on coins and what coins will be live to a bullrun market. Perhaps there are no such experts at all.
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February 23, 2019, 11:35:42 AM
 #32

In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?

I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!

For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$. Smiley)
For me, I was completely disappointed with the current ICO. I get $ 200 if I calculate the ICO price. But after being listed at the exchange, the price of ICO has dropped 10-20 times. As a result, I only received $ 1-2 for many months of work

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February 23, 2019, 11:36:41 AM
 #33

In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?

I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!

For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$. Smiley)

During the bear market I prefer to dump any reward as fast as possible. During the bull market I try to keep it as long as possible. I find it's pretty comfortable for me
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February 23, 2019, 11:43:41 AM
 #34

Honestly, I compute first the possible profit that I can get before I participate on a bounty program. I’m doing this so I can be more inspired to work. I will not compute much like this, I’ll let the exchanges do this fo me I’m happy as long as I received my bounty through my hardwork.
Im thinking the same way too, before joining in campaign im calculating the possible income ahead so I can compare the rewards that I will get to other campaigns then I will choose the best one that most beneficial to me.

After I get the rewards and the profit was not supposed it to be I just think that im still lucky getting a rewards from my hardwork although it takes time before I can sell it due to the bearish market.

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FaucetKING
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February 23, 2019, 11:56:46 AM
 #35

You got a good logic there but you forgot about one small thing.. You are saying that Ethereum is going to be worth 1500 usd again.. which is unlikely to happen man. Not in these months man. I am certain that if Ethereum reaches 400 usd you will sell haha.
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February 23, 2019, 11:57:57 AM
 #36

Indeed, it has changed dramatically from the value of tokens in 2017 compared to now. I am also very confused now how my income has declined. What I do when I get a token from bounty will certainly sell it if there is a market. Because I personally still need money to live. Because after I received the token from the bounty, of course the decision to sell or hold was in my hands.
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February 23, 2019, 12:05:54 PM
 #37

In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?

I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!

For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$. Smiley)
If you multiply the token price with Ethereum 2017 price, I think you will have a great belief in this cryptocurrency market and you will keep it until Ethereum's price comes back, I am also holding  like you
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February 23, 2019, 12:15:27 PM
 #38

you should NOT console yourself!

instead of finding a way to cope with the problem, you should start looking for a way to solve the issue. if you lost money bag holding some useless token then you have to start thinking what you could do to avoid that and other losses like that.
for example the simplest solution would be not to become a bag holders and not to hold any ICO token in first place.

Holding Bitcoin More Every Day
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February 23, 2019, 12:20:16 PM
 #39

In this current time, I still not comfort to receive rewards from bounty program.
I hope the market will rise again like 2017.So reward for bounty hunter can enough.
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February 23, 2019, 12:20:43 PM
 #40

There are some bounties that still pay well and apart from that, some of them trade at good price on exchange. Although very few in number.
As for the tokens with very low prices after listing, I sometimes hold them if I believe in the project and if I do not believe I such project, I just sell and forget about them.
There are other better things to achieve than to keep dwelling on what might serve as a waste of time.
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