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Author Topic: Dump is not always a good idea  (Read 1558 times)
Fluxtorrence9 (OP)
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June 22, 2019, 07:35:48 AM
 #1

The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already
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June 22, 2019, 07:39:54 AM
 #2

Most bounty hunters do not know whether the project is going to develop in the future or even die. But all bounty hunters have their own decisions. Is holding or selling. So there is nothing to debate or blame for this condition.
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June 22, 2019, 07:45:35 AM
 #3

I will trade from the coins I get from the bounty then change them and by the same token at a different price, maybe when the new token is registered in the crypto exchange there will always be a dump and I think this is an opportunity to buy more tokens if the project has a good product in the future

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June 22, 2019, 08:41:43 AM
 #4

Thanks to bounty hunters you get coins and tokens for cheaper price when dumping begins ,whenever I detect good projects I always wait patiently for hunters to dump so I buy more,some projects are very good and many bounty hunters are too blind to see

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June 22, 2019, 08:52:08 AM
 #5

everyone says keep hold were when asked what they did with bounty tokens or coins.
I think it's up to you, nobody forbids you to sell or save. most people prefer to sell because most of the coins that are launched today are meaningless.
the other opinion that I often read is to save coins that you think are potentially. and sell coins that end up being shitcoin.
so that your bounty work worth.
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June 22, 2019, 09:43:35 AM
 #6

The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already
I don't have that coin but you don't control the minds and decision of the bounty hunters that are dumping their tokens. It's no longer your responsibility if they ever sell because they just want to take the profit and cash out the stake that they've taken from participating to such bounty programs.

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June 22, 2019, 09:55:08 AM
 #7

You know many bounty hunter directly sell tokens obtained from bounties. Most of them don't care about the project because its a free money for them.

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June 22, 2019, 10:35:24 AM
 #8

I think that is right because if the project is good, we should hold it for a long time until the price can increase to the higher price. But it's better to take the profit first so we can get the money and we could still waiting for the next increases in the price. But many bounty hunters sell the tokens in the market because they need to get the money and only some of them who are waiting for the price to get down so they can rebuy the tokens.

If the bounty hunters think that they can get the profit, they will sell all the tokens or some amount of the tokens. Each bounty hunters will have a different think about the tokens, and they have different goals.
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June 22, 2019, 10:54:20 AM
 #9

I also saw many such cases, but I myself personally held the tokens of many "good" projects for a very long time, as they said on the Internet, and then the project simply was closed. I have a lot of such projects on my wallet and all of them dead

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June 22, 2019, 11:08:39 AM
 #10

If you are a bounty hunter then dumping is a good idea but if you are an investor, dumping isn't a good idea unless you can do stop loss.

I've been a bounty hunter for a year and I always sell 60-80% of my total tokens that I get as a reward and always holding some of it if in case it will grow in the future. I've also bought some coins too for the long run and at this moment, I'm in a loss since I bought it last year and that is the year where all of the coins are going down Sad. Now I'm still holding it since it is for long run.

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June 22, 2019, 11:20:26 AM
 #11

there is nothing wrong with dumping even dumping all your tokens at once. the problem is that you should have a better timing and  good plan on why and when you dump all of them.

for instance when the token is listed on the exchange you must dump it right away otherwise you will lose that chance to dump and lose all the money you had.
but for example if you bought some shitcoin while it was getting pumped, then sometimes it is best to dump smaller amounts. like dumping 40% first then 20% then another 20% and finally 2x 10% so that you can make the most amount of profit from that pump but also not risk losing the chance to get your money out in case dumping started without you.

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June 22, 2019, 11:24:05 AM
 #12

It is difficult to predict what will happen to the project in the future. That's why bounty hunters sell earned tokens. Now looking at some of my tokens, I regret that I did not sell them in the autumn-winter. The that could bring 1ETH now can be sell only on 0.01-0.1ETH.

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June 22, 2019, 11:42:40 AM
 #13

The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already

Let's just do a simple math calculation.

An average bounty distributes 2-3% of all tokens sold as bounty prizes. Suppose that the project has raised $ 1 million investment. According to this calculation, he will distribute up to $ 30,000 worth of tokens.

There's $ 970,000 worth of tokens left! They distribute it to investors! How do you think the average 1000 people who own $ 30,000 can affect the price according to this account? On average, winners who are distributed in a bounty won't be able to own as much as 0.001% of the total token.

So let's not fool ourselves. Bounty hunters cannot have a dump effect on the token. If someone looks for dumpers (which I don't think so!), they may look at their private investors. Projects selling their tokens very cheap for bulk. So I think they have to think about it again!

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June 22, 2019, 12:31:53 PM
 #14

The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already

I think it is their own decision whether they dump it early or whether they hold their altcoins. You can't blame them that it was a bad idea for dumping it early. Maybe they needed the money or what. Just be grateful if you hold until the token's price increase 10 times and make huge profits from it.
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June 22, 2019, 12:42:31 PM
 #15

The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already

Had just one coin that made 20 times I do not regret it's part of the game, you made mistakes along the way depending on your need, there was an occasion that you need to see for so many reasons and my reason then was I need money, back then and I thought that coin is losin git's value, when I looked back it was traded 20 times, that's life you win some you lose some.

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June 22, 2019, 12:52:37 PM
 #16

Indeed, sometimes Bounty hunters will sell token fastly to get fiat money.
But , some of they don't know about good coins.
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June 22, 2019, 01:03:59 PM
 #17

The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already
i didnt participate in gowithme bounty but for me in term of holding token . i dont ususally dump but sometimes i also sell and i buy later when the price drop . sometimes you dont need to force the price but sell to get more later if you see the potential.





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June 22, 2019, 01:04:54 PM
 #18

If ICO can´t satisfy and attract bounty hunters, then they are selling. When you receive a token you are completely free with your decisions. And if it is a good coin, then you can be sure that it will go back to higher price.  Smiley


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deodivine1
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June 22, 2019, 01:16:19 PM
 #19

This is a fact, many people dump free tokens they get from airdrop or bounties so fast without even looking at the project vision. Really not cool, even if you should dump,  it's good to know the nature of the project, if they have future prospects, don't dump all. Same way I was telling a friend not to dump all his AERGO when it was distributed, traded at 0.05$ then moved to 0.4$.
ityandsyn
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June 22, 2019, 01:23:24 PM
 #20

The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already

       Every bounty hunter have a different decision for their tokens receive from bounties  and for me as hunter,  I always dump all my tokens if it is already profitable for me because all I want is only money but I  have  also different holding  coins in my wallet which have a very low price.
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