I'm dumping my coins because..

[Galley]

There is no need to keep coins that will have no value in the future. It is better to get rid of them if possible if they are worth anything. It is much safer to keep something more solid than just garbage.

[Docbee]

I'm usually a holder I still coins and tokens I've got from Bounty campaign just like the two of the just recent projects I've participated in I'm still holding both of them but there are instances in the past that I dump my coins/tokens  because
The coin is not progressing and I want to buy coins that has more potential.

So what is or are your reason why you are dumping your coin?

Definitely, there are fleets of reasons why people dump their coins.  Personally as a bounty hunter, I'm not used to the aspect of selling bounty reward immediately after distribution. I still give it some time to look at the development, especially projects that has potential.  But at times, financial constraints has been one of my major reasons of selling some coins against my will.  Another reason is untrustworthy project teams.  When you observe that the team behind a particular project are not serious with the developmental procedures, then you don't need wasting time holding such coin, better let it go to get a better one.

[ije07]

The first reason of course I sold it was because the coins had no price growth at all, the team didn't update the project development and the project token felt like it was dead. and then I sell them and replace them with coins which are much more feasible for a long term investment.

[Indymoney]

There is no need to keep coins that will have no value in the future. It is better to get rid of them if possible if they are worth anything. It is much safer to keep something more solid than just garbage.

This is reason I am also not holding any new coin most of time price drops very quickly and then we have no chance to recovery this lost better as you have any new coins dump this and keep some better coin which is doing good in market but if you can afford then surely buy bitcoin and keep this for long time because this is going to be very good in near future and surely giving some very good profit but just if you can buy and have ability to hold.

[supine]

I also want to hold my coins but due to my needs I always end up dumping my crypto.
I could only hold small amount of it because of this pandemic I need to convert some of it into Fiat just to make it through.

[@baoli]

It is is you choice what you do with your coin. I am sure in this space people regard at different time.  One can sell it and price goes up or hold it goes down. We are currently experiencing a kind of bull you can decide to hold the new coins

[Argoo]

I'm usually a holder I still coins and tokens I've got from Bounty campaign just like the two of the just recent projects I've participated in I'm still holding both of them but there are instances in the past that I dump my coins/tokens  because
The coin is not progressing and I want to buy coins that has more potential.

So what is or are your reason why you are dumping your coin?

Very few ICO projects are making great strides in promoting their project and token price. In addition, for altcoins from the first half of 2018, this period has not been entirely successful in terms of price growth. Therefore, those who almost immediately dumped the received tokens as a result of participating in ICO bounty campaigns and exchanged them for bitcoin or ethereum turned out to be in profit.
However, I think there is still a good time for potential altcoins.

[albon]

I'm usually a holder I still coins and tokens I've got from Bounty campaign just like the two of the just recent projects I've participated in I'm still holding both of them but there are instances in the past that I dump my coins/tokens  because
The coin is not progressing and I want to buy coins that has more potential.

So what is or are your reason why you are dumping your coin?

If the token reached its highest level and made a profit, then I would sell it or exchange it for the best tokens in the market. If the tokens that you have are not progressing, then you may be in a bear market, and after the market rises, The price of the tokens will rise rapidly, I advise you not to sell the tokens and hold them for the long term because the return will be greater than if you sell them at a low price.

[Gozie51]

because
The coin is not progressing and I want to buy coins that has more potential.

The question is whether the coin is a dumping pack or if it has a real value. If the second is the case then hodling will be better. I also hodl some coin but they have to be useful coins. Or you can trade them too.

[Annamike]

Recently I dumped some of my coins that I have been holding for quite a while cos its quite due and the profit has grown very well but still have few that I got recently from Bounty and planning on holding those for quiet a long time also

[Icologies]

throwing away coins because coins have no movement in the market there is always bad news and lack of updates or the project owner does not care or even just disappears

[Gotumoot]

I only have 2 reason why I dump my coins:
1st is I need cash and I want to buy something.
2nd is if I don't think that the project or coin wouldn't have any higher value as it is before I dump it.

[key4co.in]

I only have 2 reason why I dump my coins:
1st is I need cash and I want to buy something.
2nd is if I don't think that the project or coin wouldn't have any higher value as it is before I dump it.

You didn't mention dumping to take profit after a pump, very good reasons you gave here. Most crypto investors dump coins when price starts going down badly, even at massive loss. However, it's unwise to dump coins just because price is going down, if the underlying reason for the dump is not scam or legal issues etc.

[mandor]

I only have 2 reason why I dump my coins:
1st is I need cash and I want to buy something.
2nd is if I don't think that the project or coin wouldn't have any higher value as it is before I dump it.

you have the same reason as me because currently holding the coins we get from the bounty is too risky. I have tried to hold the coins I got from the bounty at the beginning of the payment and after that the price was getting lower and lower and I thought it was better to throw it away before the value of the coins I got was getting less no valuable.

[harapan]

I think most of the people here have the same reasons why dumping, because it costs money or because the token doesn't have much progress (it has a small volume and doesn't have any updates)

[CryptoSable]

because I need cash for emergency use

[daglordjames]

Whenever I receive my bounty rewards I just sell it directly because there are chances that the token might turn into nothing and that's why I don't hold it.

[Phoenix_PROG]

I don't plan on dumping any coins now because I really can't tell what will happen in near future, some have bad value and few are average in value, I personally picked those coins my self and I believe a good unexpected turn will happen

[lienfaye]

Whenever I receive my bounty rewards I just sell it directly because there are chances that the token might turn into nothing and that's why I don't hold it.

That is then usual thinking of a bounty hunter. Of course we want to take profit once we aready get our rewards, plus some tokens are ending up as shitcoins if you missed the time to sell when it has still volume. I also sell if I dont see any potential for the project to have good development.

[Google+]

Whenever I receive my bounty rewards I just sell it directly because there are chances that the token might turn into nothing and that's why I don't hold it.

That is then usual thinking of a bounty hunter. Of course we want to take profit once we aready get our rewards, plus some tokens are ending up as shitcoins if you missed the time to sell when it has still volume. I also sell if I dont see any potential for the project to have good development.

bounty hunter participants are not the main reason for the drop in cryptocurrency prices, there are cases when they have bounty campaign participants, the price is still expensive and many participants get profit when the price rises, because all cryptocurrency projects will have a price depending on the project developed.