Reason hunters dump reward as soon as received. Trust Exchange etc

[palle11]

I was going through meditation on why hunters sell (I don't like the word dump because you can sell and buy again   ) their reward token as soon as it is distributed and listed. I came to realise some factors, they are :

1. The technology behind the project , whether new or old.

2. Trusting the project to compete favourable with other protects if any was existing.

3. If the project already has an existing mother project backing it.

4. If there is a partnership with a trusted, company, outfit, conglomerate etc.

5. A good project with low maximum supply.

6. Speculated exchanges to be listed

7. And exchange(s) where the coin gets listed eventually.

These are some factors I think determines the mind of hunters to sell immediately or to hodl for a while.

Many say when it is handled by a known bounty manager but I don't totally agree with that view because we have seen so many coin that became trash after distribution, some never got listed, some ended up being scam.

Edit: There is another point while hunters can decide to hodl though, if the reward value or the unit received is worthless  

[enhu]

Its because it becomes normal already that when a token is listed to an exchange, its often dumped by investors down to its knees so before that will happen, its best to just do it first and then decide whether to buyback or not. There had been instances where I have hold the tokens I got from campaigns, it takes a lot of waiting to profit but dumping and buying them back when the price is much affordable is profitable.

[Coyster]

Pump and dump scheme can also make a bounty hunter to sell off tokens, these hunters have received countless tokens and seen almost all of them dump after pumping for a short while, if they hold the new tokens they receive, they could be left with a worthless coin in next to no time; if I myself was to receive an altcoin token right now, I'll also sell it off immediately, they can't be a form of long term investment due to how they pump and dump, and never rise again.

[kingzpro]

That happens simply because of two reasons:
1) Hunters need quick cash so its their right to do so for living because they have earned this reward.
2) They do not believe in longterm sustainability or success of the project.
Other than that there is no logical reason of dumping but i do know that a vast majority of hunters support the project and they do hodl the tokens for several months atleast.

[ife2020]

Bounty hunters are entitled to do whatever they chose to do with their earned rewards, it wasn't dashed out for free, it was a compensation for a job well done. Just as investors has no reason to dump or hodl and are not scrutinized, same should follow for bounty hunters

[bttmember]

I was going through meditation on why hunters sell (I don't like the word dump because you can sell and buy again   ) their reward token as soon as it is distributed and listed. I came to realise some factors, they are :

1. The technology behind the project , whether new or old.

2. Trusting the project to compete favourable with other protects if any was existing.

3. If the project already has an existing mother project backing it.

4. If there is a partnership with a trusted, company, outfit, conglomerate etc.

5. A good project with low maximum supply.

6. Speculated exchanges to be listed

7. And exchange(s) where the coin gets listed eventually.

These are some factors I think determines the mind of hunters to sell immediately or to hodl for a while.

Many say when it is handled by a known bounty manager but I don't totally agree with that view because we have seen so many coin that became trash after distribution, some never got listed, some ended up being scam.

Some hunters just try to be oversmart and they sell immediately in hope of more dump so that they can accumulate more coins but this is not always the case. One big reason for dumping may be that they work for several months or 8 to 12 weeks in a normal campaign after that they are made to wait for further 1 or 2 months normally for calculations and revisions etc before distribution, so after working and waiting for 6 months and in some cases it is even longer what do you expect they will keep holding? I think hunters that are doing this to pay bills etc have no option but to sell after waiting so long. Yes people who do it for extra money amd have fulltime jobs or business majority of them do hold the reward tokens.

[rajsimran]

Some bounty hunters don't care about the token r their future price, even they don't think is this project good or bad. If they received a few bucks from any campaign they want to sell. I saw many hunters post that they sold their coin and after that, the coin pumped so high. And they regret that why they sold. so my point always try to hold some percentage because if that coin pumped you can still make some money. Also, don't try to hurry for selling & dumped that coin price.

[koang]

These are some factors I think determines the mind of hunters to sell immediately or to hodl for a while.

The seven factors you mentioned above cannot only be addressed to bounty hunters, these seven factors
also apply to investors who get big discounts when buying at private sales or ico.
Reason to dump or hodl applies equally to both

[funex]

 Although a few hunters still hold , it is true that alot of hunters sell token immediately they receive because of past experience where developers have dump projects n hunters while they are still holding. Personally , i still hold some tokens i refused to sell with the hope that prices will increase rather what  saw was that developers dumped the project uptill today nothing has been said about it.

[marilynmanson21]

Bounty hunters are totally deserve to do what they want to do with their own earned reward, since they didn't do a free service, it has a payment and they allowed  to do everything  they want with it. Most of them are directly convert and exchange their earned reward with bitcoin and fiat, or even altcoin that already have huge supply and demand.

[harizen]

The majority of those listed above is not actually the case why bounty participants choose to either hodl or sell their received tokens/coins as soon as they got it.

We all know that the bounty program runs for a month or so and receiving rewards also takes time* (providing there's a Phase II, sometimes the whole bounty run for over 3 months). Because of that participants are eager to get their reward as soon as possible to somehow feel the effort and works they did throughout the bounty period. Once the coin listed on any exchanges and established a volume, expect that these people will eventually sell their reward. There is also a mindset that there's no way these tokens will worth more than their ICO price so hodling is not even a good option.

Even back in the golden days of doing bounty, only a few care about the technology behind the project. The hype and ICO rating behind the project is always the number 1 factor for them to consider joining.

[Russlenat]

There's only one simple reason, since you call it hunters, you addressed to the majority, and IMO, majority of hunters are not traders and investors themselves, they treat bounty hunting as their job, so it's just right to expect that they want to get paid once the job is over, and that is by dumping the reward no matter the price is. It might hurt the project, but we can't blame the hunters, whose to blame? The team of course.

[poodle63]

Most bounty hunters don't really believe so much in most of these projects. Some only participate just to earn some rewards and move on. Our dev and team should try as much as possible to come up with good projects which have potential to convince hunters to hold.

Is not it better for you to do research before trying to accusing the hunters with a non-sense reason like that? Some may need money but some were also holding their tokens. have you seen JRT bounty? it's better for you to do research before to get a reliable answer to this question.

[restuibu]

yes 95% of bounty hunters will sell tokens that they get immediately in my opinion there is a reason why they do that, like
they do not have enough money for the necessities of life
they don't want to miss the moment when the price is still high. because it is proven if 2-3 days when the token listing will experience a dump. like many people say "panic sell"

[maxreish]

Most of the bounty hunters prefer to hold bitcoin rather than holding their bounty rewards. That's the common reason why they sell it right away after receiving it.
Also, since the new projects are just building it's name in crypto market, bounty hunters are not trusting wholeheartedly and doubt if it will gonn survive for long and that's another reason for dumping the token rewards.

[NavI_027]

I was going through meditation on why hunters sell (I don't like the word dump because you can sell and buy again   ) their reward token as soon as it is distributed and listed.

Of course, they can. But the question is, will they ? In most cases, I don't think so because look at their prices months after being enlisted, they fall hard drastically and already having a hard time to recover. This was a clear implication that most of its investors are no longer interested with that particular token because if they really do then the chart won't look like that, isn't it? Most of the investors of new alts follow a pattern (based on what I see): they wait and invest to a new token, hoping others get influenced to increase the hype, dump then repeat.

[fuer44]

maybe your theory is true, but most bounty hunters, including me, immediately sell tokens because they think it is a reward or salary after doing a good job for a long time. So, no need to wait any longer, when the token has been received and has been registered on the exchange market, it will definitely be sold immediately.

[rhomelmabini]

Hunters are just reaping the rewards they got from the bounty, that's all. Your statement is kinda vague because you said the reason hunters are selling their tokens got from bounty yet most of the factors listed their are positivity that they migh hold the tokens. You can explain it more briefly on the factors whether first factor a reason to hold or a reason to sell so that it's more understandable.

[Genemind]

I think there is no need to complicate things. Bounty hunters simply dump bounties once it reaches a decent price and once it is listed in an exchange to claim the reward of their hard work, or simply because they don't trust the project or the team that the project will continue to survive in the long-run.

[Crypto_lion]

I think the majority of the bounty hungers dump they times because of their mentality and they don't do proper research on the project. They dump it because it's free for them and they are happy with what they get.