krisnajsadrak
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Hodlers Network
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August 14, 2020, 09:51:41 PM |
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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.
yeah, the team should proof their project is a promissing project to all participants and investors too because not only bounty participants buddy, but investors also became a part from the "Dump" anyway not all bounty hunters will sell their tokens as soon as they received
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Russlenat
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August 23, 2020, 11:55:20 AM |
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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.
yeah, the team should proof their project is a promissing project to all participants and investors too because not only bounty participants buddy, but investors also became a part from the "Dump" If the team will give an unreasonable bonus to investors that would still make them profitable despite dumping the coin, they will certainly do as they are all aiming for profit, especially for short term profit. anyway not all bounty hunters will sell their tokens as soon as they received
Not all, but most of them, maybe 90%.. so team should be ready with this, they need to find ways that the coin will not dump when traded.
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blckhawk
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August 23, 2020, 12:09:13 PM |
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Simply because Bounty hunters not does not really cares about the future of the token they just only after the rewards they can get throught it, and I knew some of them. To be honest, I also have an issue trusting these token probably because of what past ICO projects have did to me. I usually hold those token and wait for the right time before to sell but it turns out they dump already and I wasn't expecting that. So I can't blame why hunters dispose those token after they recieve it.
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Warkop
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Vave.com - Crypto Casino
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August 23, 2020, 12:47:03 PM |
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This may all be the fault of the project itself why they are holding coins for too long to hand out to bounty hunters, so when coins are distributed to bounty hunters, don't blame bounty hunters if their price is destroyed when they enter the exchange, because the bounty hunter has been waiting for the coins to be distributed with the project for a long time, so after the bounty hunter gets the coins, it's only natural that they sell them because it is the bounty hunter's right to sell them, and I'm sure not all projects when they enter the coin market will be destroyed, because it all depends whether the project developer itself can keep the price good and stable, if the developer can keep the price, everything will be fine.
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arufox
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August 23, 2020, 01:24:45 PM |
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I think the important reason because bounty hunter doesn't trust the project, They join in bounty because the reward behind it not because of the project. And I don't agree if says hunter dump the reward, better to say hunter want to enjoy the reward, That's why he sells it immediately
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Tomohisa
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August 23, 2020, 01:39:03 PM |
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You cant blame them some of the hunters are actually relying on the profit on their campaigns. It sound desperate but thats the truth. I know its not appropriate to use forum as a job or what but that is what happening here. Most likely some user here are displace or neglect of their jobs due to covid19 situation and they just relying on the income they get here. Too bad and sad but this is reality and should never be the case so dumping is inevitable cause they can get something to use for daily living. But for those who are in good position they could hold it or trade some but for others let say they have no choice.
And if you will not sell your share, you will be the one who will be wasting your time on these countless crap projects. So it is really better to discard whatever you've got in your campaign rather than wait and wait for nothing. Believe me, if you will not sell it right after you receive it, you will find yourself holding worthless tokens or coins. So instead of holding those crap tokens, better sell it while it has some value in the market. So true, the chance of coin you receive from the bounty project increases price after the distribution is very low. Most of the time, it will be dump by everyone, investors included so better take the first turn and sell it before the dump.
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masterrex
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August 23, 2020, 01:48:25 PM |
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Why we should try to cover up the main reason and make it more complicated It's not rocket science to know the reason, why bounty participants are selling their bounty earnings after it was listed, that was simple to earn money for a living because the majority of bounty hunters are doing this including me I'm not ashamed about it because I need it as additional capital for my trading activities so it's not a big deal to me. it was your payment so you have the authority to sell it or hold it or whatever you want.
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pikkie
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August 23, 2020, 02:33:12 PM |
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I think the important reason because bounty hunter doesn't trust the project, They join in bounty because the reward behind it not because of the project. And I don't agree if says hunter dump the reward, better to say hunter want to enjoy the reward, That's why he sells it immediately
the reason is not only that but the reason could also be that they are bounty hunters in need of money so that the participants prefer to immediately sell the proceeds from the bounty campaign to survive because the money from the bounty campaign can be used to buy food and drinks to survive.
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dainoran
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August 23, 2020, 02:36:12 PM |
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I think it's normal for a bounty hunter to get good returns for himself, and sometimes buy back the coins they sell for a profit at a later date.
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lumeire
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Merit: 1009
Next-Gen Trade Racing Metaverse
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August 23, 2020, 02:38:08 PM |
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Why we should try to cover up the main reason and make it more complicated It's not rocket science to know the reason, why bounty participants are selling their bounty earnings after it was listed, that was simple to earn money for a living because the majority of bounty hunters are doing this including me I'm not ashamed about it because I need it as additional capital for my trading activities so it's not a big deal to me. it was your payment so you have the authority to sell it or hold it or whatever you want.
This holds true in most of the cases, but what is the problem here is that most of the Bounty projects promise big returns for the hunters, even the coins are listed at pretty high rates on the Exchanges but when the time of Bounty distribution comes those same coins are worth in pennies as compared to the start of Campaign, so bounty hunter aren't responsible for the dumping of price of a token on an exchange, it always get dumped way before they were even given a single token to sell. This mindset of the community needs to be changed where they always held responsible the bounty hunters for the dump in price of a token.
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Kupid002
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August 23, 2020, 02:47:46 PM Last edit: August 23, 2020, 06:26:45 PM by Kupid002 |
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I think it's normal for a bounty hunter to get good returns for himself, and sometimes buy back the coins they sell for a profit at a later date.
not all is having a plan to buy back the coins they sold they prefer to buy much more secured coins than to buy again from a project that already dump its price. the reason is not only that but the reason could also be that they are bounty hunters in need of money so that the participants prefer to immediately sell the proceeds from the bounty campaign to survive because the money from the bounty campaign can be used to buy food and drinks to survive.
That is their rewards they are freely to choose wether to sell it or not even they need it that time or not its their payment after all.
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Miaallen
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August 23, 2020, 02:51:58 PM |
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These are majorly the reasons. But most hunters also just joined campaigns just to make some earnings. The hardly understand the technology behind the project. All that matters to them is to sell and earn whatever they can get.
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Dollar_Hunter
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COMBONetworkio
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August 23, 2020, 02:55:51 PM |
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The bounty hunter only gets a small reward, I don't think Dump happened because of the bounty hunter, it's natural that we as bounty hunters sell it, because we also need money, don't always blame the bounty hunter!
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juiceannabel
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August 23, 2020, 05:31:03 PM |
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I think the reason why hunters sell their token as soon as they received it is because the trust issue toward the project. There are many projects not progressing, causing the token price to falling. So, hunters think it is better to sell it now before the token price going even lower.
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cosmofly
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PrimeDAO - An Adoption Engine for Open Finance
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August 23, 2020, 06:02:25 PM |
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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 In fact, knowledge and experience are still the most important thing if you want to get rich in this financial market. You can see there are a lot of hustle and hard-working people, but they can't get rich because they never have analysis. There are projects we need to analyze and value in the future to make the decision to hold or sell right away. Like Cartesi bounty, if one holds it until now the reward is 4 times higher than the original. In short, we shouldn't just work hard, we should work smart.
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albon
Legendary
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Merit: 1536
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August 23, 2020, 06:27:21 PM |
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Most bounty hunters work for many months and eventually get some tokens. If these tokens have a value, they want to sell them in order to get some money from it that compensates them for the months they spent in their work. I think they rush to this decision, but they will be disappointed if these tokens lose their value, So they sell instead of waiting for the token to rise in value.
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qigong13
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August 23, 2020, 06:30:02 PM |
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These are majorly the reasons. But most hunters also just joined campaigns just to make some earnings. The hardly understand the technology behind the project. All that matters to them is to sell and earn whatever they can get.
True, some don't see or understand the benefit of the coin and just want something, anything for their work in the bounty, no matter how low it could be. Sure you can do that but it was a very ill-advised thing to do. At least, bounty hunters understand why they want to sell (based on OP's list) is much better.
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Toxic_1988
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August 23, 2020, 07:26:06 PM |
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in my experiences, they dumped it because of panic. i have joined some bounty in the past, some project give a big bonuses for investors. when they get listed on the market and start to trade, the bounty hunters still didn't get theirs reward yet. the team still hold it and let the investors sell it first. then, the investors sell their bonuses first and hold the rest of their coins or token that they've bought for later. when the price is little dumped, the reward was distributed to bounty hunters. they all panic. they think the price will get more dumped and sold it immediately after distribution. then, it just make it worst. the price is dumped really hard.
Interesting point of view. But I'm still wondering how a couple of hundred people with 1-2% of tokens can move the price? No, of course for bounty, they can't cause a crash or trigger a dump with 1-2% come from the bounty. But for investors? Yes, the investors can if they able to get a hold of plenty of coins at the early stage through mining or private sale for funding.
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hidden jutsu
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Binance #Smart World Global Token
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August 23, 2020, 09:19:23 PM |
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Most bounty hunters work for many months and eventually get some tokens. If these tokens have a value, they want to sell them in order to get some money from it that compensates them for the months they spent in their work. I think they rush to this decision, but they will be disappointed if these tokens lose their value, So they sell instead of waiting for the token to rise in value.
I believe they received a lot of lessons from the collapsed projects in the past, they held a lot of tokens from the bounty and waited for the price to go up, but the price kept crashing and in the end they had nothing left in their wallet. So now the bounty hunter will sell it all upon receipt and no time wasting waiting That is one another reason, they sell immediately to receive the amount of money they expected. They don't take any more time to wait for the price to increase since what they have experience all the time is the price crashes every time before they knew it.
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elementaryOS
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August 23, 2020, 09:59:37 PM |
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I laughed at every time people complain that bounty hunters know nothing about the coin they got from bounty and just dump it on the market at any price. Maybe that only for the coin which only worth less than $50. If it worth more, we, bounty hunters have a lot of factors to determine if we should hold or sell like OP's post.
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