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Author Topic: Should we sell Bounty rewards?  (Read 20301 times)

Offline Delgboke

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Re: Should we sell Bounty rewards?
« Reply #15 on: December 16, 2020, 05:18:55 AM »
It's obvious that many bounty hunters don't normally have patients when it comes to bounty rewards they are always in a hurry to sell their token received during and after bounty campaign finishes, although it may be because of past experience in a situation where you are holding a coin you received from bounty before you realize the projects dead for me if you know that you cannot be able to hold for long you better sell it.
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Re: Should we sell Bounty rewards?
« Reply #15 on: December 16, 2020, 05:18:55 AM »

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Online TomPluz

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Re: Should we sell Bounty rewards?
« Reply #16 on: December 16, 2020, 05:26:19 AM »
I would not be blaming anyone having this kind of mindset all because we know that more than the majority of these projects will eventually become worthless and die, so we might as well extract any value while we can. I am speaking from the experience here. Last 2017, I made the mistake of not letting go of my bounty rewards valued at almost $10,000 only to realized some two months later that the overall value of those coins and tokens dived to less than 15% and now if I have to look at them only one or two are still doing good in the exchanges. And this is not actually the fault of the bounty hunters, in most cases developers and project owners are the ones dumping their tokens.

Offline Cinno3

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Re: Should we sell Bounty rewards?
« Reply #17 on: December 16, 2020, 05:36:13 AM »
I don't think Bounty Prizes should be sold right now. Bounty awards are now becoming much more successful. As a result, it is possible for users to sell. If it is possible to make a profit by selling bounty prizes, then it should be sold. Should be held otherwise.
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Re: Should we sell Bounty rewards?
« Reply #18 on: December 16, 2020, 08:12:16 AM »
The current year is better for cryptocurrency than other years. So now many more projects are being successful. Currently the time is much better. So I think Bounty Hunters are the best time to do Bounty. So I think Bounty Hunters should wait for a good price after getting any tokens.

Offline masterrex

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Re: Should we sell Bounty rewards?
« Reply #19 on: December 16, 2020, 08:51:27 AM »
The Bounty of many projects is running these days. We are also involved in many of these projects, Some of these projects are good and some are not. I think we should sell it whenever we receive reward. Because I've noticed that whenever a project comes In a short time he dies. What do you think selling is good option or not?

IMHO, I believe the decision is already ours to make a call if we should sell it or not. But in my own call, I will sell those rewards if the token is not worthy to hold like, in case it was just a small amount of token, for me its a waste of time to hold it, Like the most of my Bounty rewards are only from social media campaigns, In the size of my followers which is not many? mostly I receive a small number of tokens from the social media bounty payment. 

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Re: Should we sell Bounty rewards?
« Reply #20 on: December 16, 2020, 09:01:14 AM »
Well, no one forces you to either sell or keep them. It all depends on your personal choice and how you relate to the future development of the project and believe in emu. Sometimes there are very promising startups and projects of bounty awards that would be nice to have in your wallet in the long term. So after studying their future plans and strategies, you must decide what will be more beneficial for you and in your opinion.

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Re: Should we sell Bounty rewards?
« Reply #21 on: December 16, 2020, 09:33:48 AM »
It depends on the prospects of the project itself.  A few years ago, the prevailing desire on the forum was to keep the received tokens as a reward for participating in bounty campaigns.  In general, this did not justify itself.  However, it should be borne in mind that promising projects can bring much greater profit from the growth in the price of their tokens than even bitcoin or other top coins.  Everyone has the right to choose what to do with their tokens received from participating in bounty campaigns.

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Re: Should we sell Bounty rewards?
« Reply #21 on: December 16, 2020, 09:33:48 AM »


Offline lepbagong

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Re: Should we sell Bounty rewards?
« Reply #22 on: December 16, 2020, 10:28:47 AM »
It depends on the prospects of the project itself.  A few years ago, the prevailing desire on the forum was to keep the received tokens as a reward for participating in bounty campaigns.  In general, this did not justify itself.  However, it should be borne in mind that promising projects can bring much greater profit from the growth in the price of their tokens than even bitcoin or other top coins.  Everyone has the right to choose what to do with their tokens received from participating in bounty campaigns.

every prize from the bounty, most of the bounty hunters are rarely invested but directly used for necessity, but openly no one thinks much like our colleagues said, that it depends on the prospect of the project as well, if it can really progress and develop, it is not uncommon for someone to hold it back. certain time in order to increase the selling value even better. That's certainly a good idea and is rarely found in most bounty hunters, but it's not that no one is forward-thinking.

because if only the token is received and the team can develop it, so that it becomes a calculated token. it will clearly bring multiple benefits. although the case for tokens that could develop is very little.
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Offline MrSpasybo

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Re: Should we sell Bounty rewards?
« Reply #23 on: December 16, 2020, 11:20:40 AM »
I would not be blaming anyone having this kind of mindset all because we know that more than the majority of these projects will eventually become worthless and die, so we might as well extract any value while we can. I am speaking from the experience here. Last 2017, I made the mistake of not letting go of my bounty rewards valued at almost $10,000 only to realized some two months later that the overall value of those coins and tokens dived to less than 15% and now if I have to look at them only one or two are still doing good in the exchanges. And this is not actually the fault of the bounty hunters, in most cases developers and project owners are the ones dumping their tokens.
Sympathize with you, I am also in the same case.
We all know that there are several scenarios with tokens after the bounty campaign ends:
1. Project failed or scam;
2. The project continues to exist, token is not listed anywhere '
=> In these 2 cases, we cannot sell tokens.

3. Token is listed, the price is higher than the Token-Sale price, then gradually decreases or has a variable price depending on market demand;
=> We can sell tokens any time we find that the value is enough to satisfy our expectations. Everyone wants to sell tokens at ATH but no one knows where ATH is.

4. Token is listed at a lower price in Token-Sale;
=> in this case, the majority of hunters decide to hold the token waiting for the price to rise again.

Obviously: any project has both potential and risks. The hunter should sell tokens when he is satisfied with the reward. In the case of the hunter having the ability to analyze the project, he can either wait for the next bull run or sell as soon as he realizes the project has no potential.

And I don't think the main cause of the token price drop is from team members selling tokens (except for Ripple). Perhaps this comes from the status of the project, the media campaign & community expectations.
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Re: Should we sell Bounty rewards?
« Reply #24 on: December 16, 2020, 11:38:17 AM »
It depends on you if you need money then sell your bounty rewards but if not then you should hold. Make sure that project has potential so it is worth to hold for long term but if you don't trust the project then you better convert it into bitcoin or ethereum then hold until you make profit.

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Re: Should we sell Bounty rewards?
« Reply #25 on: December 16, 2020, 12:12:05 PM »
Bounty condition was very bad in 2019. The projects would not have been successful. Many were hurt by investing in the cryptocurrency market. At present the condition of the bounties is much better. Many more bounties are currently being successful. So Bounty Gula is a good source of income, it is better to sell those tokens. Tokens are not a good source of income. They should be held.

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Re: Should we sell Bounty rewards?
« Reply #26 on: December 16, 2020, 12:58:07 PM »
It's up to you because you work there. I only suggest that if the bounty is good and of better quality don't sell it or invest there. I am sure you will not be disappointed later with your investment

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Re: Should we sell Bounty rewards?
« Reply #27 on: December 16, 2020, 01:51:02 PM »
If you do see that the coins you get have no potential for an increase in price someday, or even the coins can turn into ashes, then you should just sell them immediately.
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Offline Confero

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Re: Should we sell Bounty rewards?
« Reply #28 on: December 16, 2020, 02:37:38 PM »
Everyone has a different decision with the Bounty result they get, I myself am not sure what I do with the Bounty coin / token. Sometimes I sell right away, sometimes I hold on to get a higher price. Actually I made all the decisions by looking at the situation and conditions of the token resulting from the Bounty.

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Re: Should we sell Bounty rewards?
« Reply #29 on: December 16, 2020, 02:39:11 PM »
Do hold them if you see it with a bright future. If you see your coins in bad shape in the future, I recommend to sell them immediately when the token listed in exchange to anticipate a massive dump. It's up to you and it depends on your vision to the tokens future.

 

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