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Author Topic: Why do bounty hunters sell their coins immediately they are received?  (Read 7255 times)

Offline Domithra

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Most bounty hunters do not actually perform studies on the project to ascertain its level of success, hence, do not know the true potentials of most of the coins they receive at the end of the bounty program. Also, because bounty hunters do not invest their monies, they tend to sell at any price on the market and never feel any sense of loss.
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Offline Gubre

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Maybe some of them really in need leaving them no choice to hold it for long term are maybe they are just new in crypto currency and want to give a try on trading their tokens or naturally weak holders.

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Bounty hunters being in a hurry to sell their coin depends on two things. One is because they dont know the future of the coin they are dealing with and the second is they want to sell it so that they dont run at a loss when the coin goes down.

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most just needed the money at that point in time, most just want to hold prominent coin like eth and btc but since they can't afford to buy it they do so many bounty and exchange immediately after being paid (this category of bounty hunter don't care about the project and they tend to join even scammy project in the hope of exchanging into prominent coin), most just have no knowledge and are being influence to sell.     

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I find it very stupid and shortsighted to sell tokens immediately after receipt. This is mainly done by schoolchildren who are chasing a penny on the Internet. Otherwise, I can not name them.

Offline Lukasz

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Yes it depends on a lot of factors some wisely sell on the pop and buy back at the dip which is the way to go being on the campaign and on the forums and live channels(mostly telegram) they tend to get the feel of the generall mood and the strenght (or weaknes of their product) and act acordingly which should be the way to go
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Offline Dacosta

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Am sure they themselves do not trust the ICOs they advertised for investors to come and buy. I know of an ICO where even team members were dumping
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Offline dominoes

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Maybe because that is their goal to bring there coins in exchange after receiving the coins. There are some reasons why they serll it immediately. For example big profit, money needs to sustain the family and there's more.
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Offline dentolas

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on one point it is understandable:
- accounts that need to be paid
- % of ICOs that are scams / failed projects
- crazy buyback schemes
- dumbness and lack of knowledge about what they are doing on this planet

Offline Breadwinner

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Me for instance I always wait for a month or three before I sell it out because I know cryptocurrencies are volatile and will surely shoot up for me to get some extra money
   

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Offline julliandrey

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maybe because they dont know the value of coin they are dealing with or maybe they sell it fast because they want to see if they get a good profit frm a coin they dealing with

Offline TERMINO

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Maybe the reason why bounty hunters do that because they doesn't have any goals about the future or about the profit by holding the coin.
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Offline korkorjkk

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Most people do not really know the future of the coins they have and they are scared they will run at a loss when the coin prices goes down
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Offline Esiduf222

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That's an true talk. Bounty hunters are just in for quick money unlike investors. The moment they get their tokens, they just to sell them.

Offline altery0518

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That's an true talk. Bounty hunters are just in for quick money unlike investors. The moment they get their tokens, they just to sell them.

Maybe most  hunters are selling their tokens immediately but not all bounty hunters because Im a bounty hunters but until now all my tokens are still hold in my myetherwallet.
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