I'm dumping my coins because..

[gbrendeh]

It is a good decision to dump any token that does not have a progressive development in a substitute for the reliable one. I have done this severally.

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[Leif D]

Found out the project is dying and the team is super inactive, so I dumped the coins I got from the bounty. Around 3 months later, their official website was not working. lol

[TopT3ns]

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

Bounty project is worthless to hold. But if you are able to hold legit projects tokens for very long time then may be it will worth one day. I'm not dumping my token at this moment cause crypto market rising again and i am hoping for some good profit. But i also agree with your idea. Selling shit token for buying good and promising token is not a bad idea. I would say if you are want to hold bounty token then check first how much project is promising or bot, follow their weekly updates and roadmap etc.

I don't think all the coins resulting from the bounty campaign are worthless, only some projects that really don't have good development will lose money, although like that no one knows whether the tokens that are held can bring a lot of profit or vice versa.

[bluebit25]

Found out the project is dying and the team is super inactive, so I dumped the coins I got from the bounty. Around 3 months later, their official website was not working. lol

I don't need to wait too much from bounty, I'll sell immediately after I receive them. In 2017-2018 I held most of the tokens I got from bounty, but in the end the price crashed hundreds of times and those tokens became worthless. That is my biggest mistake in this market

[taufik0911]

I plan to hold few percentage of tokens and coins I earned from bounty projects and sell majority of them, quality matters but still the future can be so unpredictable, sell many and hold few, for example if you earn 20,000 tokens sell 15,000 tokens and keep the rest just in case

I think this is the best plan for selling and partially holding
Previously I always sold all of my digital assets and sometimes I feel sorry that I sold them because not how many times I sold tokens / coins, the price of these assets suddenly pumped
This is based on my experience as a bounty hunter

[Kopetunto]

Found out the project is dying and the team is super inactive, so I dumped the coins I got from the bounty. Around 3 months later, their official website was not working. lol

I don't need to wait too much from bounty, I'll sell immediately after I receive them. In 2017-2018 I held most of the tokens I got from bounty, but in the end the price crashed hundreds of times and those tokens became worthless. That is my biggest mistake in this market

indeed it is better to sell the token proceeds from the bounty, I think it doesn't matter, do everyone blame the bounty hunter for the dump? it shouldn't have happened!

[arufox]

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?

I'm holders too but I think not dumping coin, because the price already dumped sharply, I better call it, makes a change. Yes makes a change, because if I keep the coin in the wallet, I'm not sure the price coin will increase because no progress of the project, so better sell it and makes a change to another coin which can bring good profits in the future

[Sebas.tian]

I dump my coin after got it from a bounty because to me, it is better to take the initiative and planing to buyback. Since most of the time, a coin will have a dump because of bounty hunters so I just want to anticipant this behavior.

This perception is totally wrong. Not all altcoins or tokens that are paid to bouty hunters get dumped. There are situations where bounty hunters that sold their coins so early later regretted doing that.
This is an indication that the project is very strong and that the team has done real good job in upholding the standard or their project.

That's correct, there are some tokens sold by bounty Hunter's that's still causing them sleepless night. Atomic wallet token was given to me and before I could say Anything I  sold them for peanut and later saw what happened and still happening with Atomic Wallet token. I regretted my  actions and won't hesitate to always monitor projects before thinking of dumping their tokens or not. Trusted projects tokens should be kept even though their values stay lower than expectation.

[SistaFista]

Could you tell us what bounty coin you holding now ? Projects in the past are not good indeed, better to sell them away.
But lets see DeFi projects nowadays, maybe it will be good to hold their coin.
Usually, low volume is the reason why i sell the coin because im afraid i won't be able to sell it anymore.

[Strongkored]

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

When I need money and see there is no good sight on the development on that token. But in begining join bounty mostly did not expect that the price could go up quite high this happened in 2016-2017 so I sell immediately after received the rewards, the rest is the coin bounty price is very cheap.

[Bitinity]

Found out the project is dying and the team is super inactive, so I dumped the coins I got from the bounty. Around 3 months later, their official website was not working. lol

I don't need to wait too much from bounty, I'll sell immediately after I receive them. In 2017-2018 I held most of the tokens I got from bounty, but in the end the price crashed hundreds of times and those tokens became worthless. That is my biggest mistake in this market

It was your mistake as the price crashed crazily, but it would be your regret if the price jumped up signficantly but you have sold it for cheap price. There is always two chances when you hold a certain crypto for long time, up and down. Wise thing to do is to break it down into at least two baskets. First basket to be sold and the second basket to hold, as long as you are not losing something then holding some of what you get is better than sell it all once you get it.

[dificanovi]

most people throw away their coins because the price of these coins continues to fall and the price doesn't go up anymore. besides that there are also people who throw away their coins because they really need additional money. at this time I am worried about the bounty program that has just been running because of most of the fraud, we have to be careful and be more careful in choosing a bounty program so as not to get coins that have no price.

[PancongStreet]

I have some alt on my pocket, and get paid from project, i know i need to support the project. But i dont know how to hold for long time, when the project not any update about their development. So that time to dump my coin and collect money for my bill

[lenovop-70]

If i get it from bounty i will dump half of my reward when its worth with all my work, and change it to ETH or BTC. i prefer to keep them in two both coins mentioned. and half from my bounty reward ill keep it and sell it if they pump on the market as my bonus. ill consider to hold if they have good plan such as staking program, big exchange listing plan or when i know there are whale inside.

[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?

Let's first get  our self clear of a particular word 'dump' that we used to misuse.  Anyone can decide to sell at any time with or without any reason, you're selling your coin not dump, at least you got some amount on it.
Away from that, there are many reasons I sell my coin; it could be urgent financial need or I observe that the coin I'm holding do not have a reliable future among other reasons.

[CryptoServicesGuru]

Only coin worth hodling is BTC, evrything else is there for making money by dumping in the right moment.

[codpku]

If i got coin or token from bounty campaign i will hodl until the coin or token go to the moon if the project fail or not have progress the coin or token that i got will be my collection in the wallet haha
If i buy a coin with trading or invest coin the reason i dump the coin because see the movement bitcoin and the market ofcourse or just like you because theres no future with that coin and make big loss if i hodl little bit longer

[sayulita]

Only coin worth hodling is BTC, evrything else is there for making money by dumping in the right moment.

This is not the case always, there are many coins that are pretty old and are even surviving today and also making good returns for the investors who are investing in those coins. Only a few coins are like these coins that can survive for more than 2 or three years, rest are there for pumping and dumping and are short lived just like these DeFi coins that are making people rich right now but it will not be the same always as DeFi is just a trend right now and in a month or two it will be over and then a new trend would start and take its place.

[judeafante]

Once there are no updates anymore coming from their telegram channels and you see the coins losing its value in the market and volume is going down, then it's time to give up, that coin or token and dump all of it because that is the warning sign that investors are waiting to dump.

[DarkDays]

The only times when I dump my coins are when a project I've foolishly invested in has gone completely silent.

It happened to a few small investments of mine in the masternode coins sector. However, I made other investments in other masternode coins, that also went under, but I made significant profits and exited fast. That kind of offset my losses.

So there you have it, I only sell a coin that's dead weight, when I can offset the loss it has caused through some other asset for equivalent amounts of my capital investment in the coin that I am dumping. Plus whatever I can make off the dump, is then my profit.

I think communication is extremely important, if a team doesn't even maintain communications with its investors—that's a huge red flag.