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Author Topic: I'm dumping my coins because..  (Read 8228 times)
jekanmasin
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September 04, 2020, 03:16:38 PM
 #201

I just sell the tokens i got cause it the best way for me not to loss the values of the token before it being dump hard and has no values after it. Some of my decision was not correct but overall i think i do well in my own decision.

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Nellayar
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September 04, 2020, 04:01:18 PM
 #202

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?
That was I did when I had coins came from bounty before. However, because of tons of project which lost and scammed the bounty hunters, I already quit in bounty hunting. In fact, i was happy at this moment because all of the coins I sold before was shitcoin right now. A lot of coins were dumped because of their poor development and unexpected exit of developers. Therefore, investing in potential project is a bit of safe than risking our money in scam projects.

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September 04, 2020, 04:11:37 PM
 #203

If I get from a bounty or airdrop, of course what I pay most attention to is the prospect of a good future project or not, this will determine whether I have to sell or keep holding. But sometimes a lot of projects are surprising these days
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September 04, 2020, 05:00:42 PM
 #204

I have many reasons to dump a coin especially if that coin coming from a bounty. Sometimes, if the coin doesn't have a good trade volume in a good exchange, I rather dump it right away since I'm not confident in it.
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September 04, 2020, 05:14:05 PM
 #205

Most of the coins we get from bounty projects are worthless even though we have kept them for so long but there are also some coins whose price rises up to 50% so that many holders feel in the benefit, then do not throw away the coins you get from the bounty save and wait for the time will definitely increase the price.
It will depend on what coin it is, some reward from bounty will only have value in month or two after that investors will dump it if its no definite purpose or product. There are too many altcoins that can be much better than keeping other coins too long that may lost it's value in the long run.

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September 04, 2020, 05:19:47 PM
 #206

Most of the coins we get from bounty projects are worthless even though we have kept them for so long but there are also some coins whose price rises up to 50% so that many holders feel in the benefit, then do not throw away the coins you get from the bounty save and wait for the time will definitely increase the price.
Very true, we get one good token from the five bounties and that's why we hope more from that one token and that's why we do hold that token for a long period of time until it's price grows enough or if it is not growing up then we could only wait for it.
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September 04, 2020, 06:17:30 PM
 #207

most of the bounty hunters sell their coins but I've hold hundreds of bounty token, most of them are scammed now and unable to recovery their price. So i have decided to dump my token and buy some top altcoin which has potential enough to make me profitable. willing to hold them for long time until my expectation get fulfilled.

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September 04, 2020, 06:22:39 PM
 #208

I understand that we all have different purpose of holding a coin, but in my opinion, the purpose of holding coin is to take advantage of increasing value. This implies that our hold the coin until my desired value is accomplished or I'll sell when I feel the value is over priced and buy back when the value drops.
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September 04, 2020, 06:24:29 PM
 #209

I always dump when I get the reward from the bounty because for me it is necessary for daily living needs, but sometimes I also set aside to buy some altcoins from the top 10 coinmarketcap as savings for my future.
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September 04, 2020, 06:28:25 PM
 #210

dumping a coin occurs because there is no price movement in the market or development that just stops other than that there are no bignews created by the owner so that investors have started to couldn't believe it and the price will drop considerably in the market This usually happens on new coins

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September 04, 2020, 06:30:04 PM
 #211

most of the bounty hunters sell their coins but I've hold hundreds of bounty token, most of them are scammed now and unable to recovery their price. So i have decided to dump my token and buy some top altcoin which has potential enough to make me profitable. willing to hold them for long time until my expectation get fulfilled.
I also did not sell my coins for a long time, but some projects brought me a lot of profit and i fixed it. There were also coins that I sold because I stopped believing in them and after I sold they grew by 1000 percent   Grin

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September 04, 2020, 07:05:04 PM
 #212

I have many reasons to dump a coin especially if that coin coming from a bounty. Sometimes, if the coin doesn't have a good trade volume in a good exchange, I rather dump it right away since I'm not confident in it.
It's best to sell them as soon as you get them from bounty. Don't try to hold those tokens because it will never be good in the future, most of those projects will crash and the price will drop many times. I used to hold a lot of altcoins but in the end all died and made me lose a lot

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September 04, 2020, 09:41:07 PM
 #213

Thats the best thing to do, I sometimes wonder in my thoughts - how many tokens i did not sell when i had to- too many!!
I lsot thousands upon thousands just because i thought that this particular coin has potential and it will keep going up. No ! Just sell them and move forward.

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September 04, 2020, 09:53:22 PM
 #214

So what is or are your reason why you are dumping your coin?
Most of the time, the only reason why I dump my coin from bounty is because we know exactly what will gonna happen, its price will decrease lower than our expectation. So, it is better to sell it immediately after receiving to at least have the amount expected at the end of the bounty. It is also what most bounty hunters do, they sell then they will use the money to buy a better altcoin in the market.
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September 04, 2020, 10:48:35 PM
 #215

So what is or are your reason why you are dumping your coin?
Would like to buy another coins that more worth to actually invest because I have sense that those desired coins have no future and it would have other dump train, so you would not want to actually lose the opportunity to actually sell the coins on the highes price before the price hits the ground. Most of the fresh listed coins are having this kind of experience.

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September 04, 2020, 10:56:04 PM
 #216

Often because of weak hand, it is easy to be affected to cut loss when the asset dump is quite severe and that is what causes me to become dumper, it's strange because the intention to hold it for a long time is already there
but it failed.
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September 04, 2020, 11:01:48 PM
 #217

I dont have any reason to dump my coins. I can say i am in love with holding already because i have a coins from bounty projects two years ago and i am not ready to sell now because i know those projects still have potential and i know what they can do in a year from now
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September 04, 2020, 11:06:31 PM
Last edit: September 07, 2020, 02:38:04 AM by StephenJH
 #218

I dont have any reason to dump my coins. I can say i am in love with holding already because i have a coins from bounty projects two years ago and i am not ready to sell now because i know those projects still have potential and i know what they can do in a year from now
At least you have a nice way of thinking while other bounty hunters prefer to get cash with selling bounty tokens for cheap prices. Bounty earnings have to be considered as a form of passive income, otherwise, the loss is inevitable in the long run. In order to ensure the possible gains, teams should think twice before distribution the bounty allocation. Locking the tokens is not a solution, something better can change the situation for bounty hunters.

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September 04, 2020, 11:25:14 PM
 #219

Problem with some coins is their valuation get ripped the moment they hit exchange for like a day or two So basically if you are a bounty hunter and you have one or two experiences like that then you will automatically have that kind of feeling once you get your next coin So most of the time is sell and buy the dip later if you think highly of the project

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September 04, 2020, 11:59:21 PM
 #220

So what is or are your reason why you are dumping your coin?
Would like to buy another coins that more worth to actually invest because I have sense that those desired coins have no future and it would have other dump train, so you would not want to actually lose the opportunity to actually sell the coins on the highes price before the price hits the ground. Most of the fresh listed coins are having this kind of experience.
the same thinking as me, sometimes we need some feelings when we want to sell some coins and keep getting some update about their project. if their progress is stop or abandoned, it will be better if we sell our coin and then buy some worth coin to invest and have a good potential in the future.
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