Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: MrSpasybo on July 10, 2020, 12:10:47 PM
-
What do you do with coins / tokens received from bounty campaign?
Most bounty hunters know that finding a potential project to participate in its bounty campaign is difficult, joining & getting large amount of tokens/coins is harder, but solving the amount of rewards determines what hunters really get after days, weeks, and months of pursuing a bounty campaign.
So what do you usually do after receiving a reward from the project:
- sell all 100% rewards right after tokens/coins are listed on exchange?
- sell 50% rewards right after tokens/coins are listed on the exchange, keep 50% in personal wallets?
- trade on the "black market" before the tokens/coins are listed on exchange?
- hold all tokens & wait for prices to be really good compared to expectations?
- hold to die?
I still recommend that everyone sell 50% and keep 50%, but when holding a token we consider to be potential, we tend to hold it and wait for the price to increase 100-1000 times :)
-
Majority of bounters will immediately sell whatever they are holding when it is already possible. So what can be the big reason for this kind of behavior? Well, we have to be realistic with the fact that most of the tokens will eventually withered or go down when already in exchanges, except for a few maybe. And in my view this is not the fault of the bounters.
-
Very simple question, when I get some tokens or coins from any bounty campaigns then I consider some issue, exchanges arrangements, total supply, circulating supply, trading volumes, products value, applications and global acceptance. Then I divide into two parts, one part sell and rest parts reserve for market evaluation.
-
If we sell all the tokens / coins that we have and then there is an increase after selling all of them then we will regret otherwise if the hold but the dump is severe then we get a loss. so the safe way is to sell 50% and hold 50%
-
I agree with the idea of selling 50% and hodling the other 50%. However, it is better to do a research to make sure you are hodling a really potentially good tokens. Most of the tokens become useless after few days of listing, some gradually dump until its 0.
So, DYOR to make sure you are not hodling shitcoin. This will depend on marketing after listing, development of project and also the supply. Sometimes if the supply of unlocked tokens are maybe millions, it may increase later for example Quant and Ferrum Network. These projects had a positive development and not too many supply.
-
Let's get straight to the point here, after I received the coins/token from the bounties, I immediately sell those already listed tokens, and my immediate reason is to gather some additional funds to support my day trading sessions in Binance But if those tokens have potentials It might stay in my wallet, but as far as I experience most tokens that I have holding from bounties become worthless most of them so it is better to liquidate those tokens if there is a chance.
-
I know most of the bounty hunter trying to sell it when the price is still good. Some even don't care about the price they will sell whatever the price is. But for me, I hold those coins or token if that project got my interest. otherwise, I will sell it if I can withdraw that fund after selling it. Thats because most of the bounty project became valueless or their price became so bad it looks impossible to recover.
-
What do you do with coins / tokens received from bounty campaign?
Most bounty hunters know that finding a potential project to participate in its bounty campaign is difficult, joining & getting large amount of tokens/coins is harder, but solving the amount of rewards determines what hunters really get after days, weeks, and months of pursuing a bounty campaign.
So what do you usually do after receiving a reward from the project:
- sell all 100% rewards right after tokens/coins are listed on exchange?
- sell 50% rewards right after tokens/coins are listed on the exchange, keep 50% in personal wallets?
- trade on the "black market" before the tokens/coins are listed on exchange?
- hold all tokens & wait for prices to be really good compared to expectations?
- hold to die?
I still recommend that everyone sell 50% and keep 50%, but when holding a token we consider to be potential, we tend to hold it and wait for the price to increase 100-1000 times :)
My strategy is at first when i got a bounty token in my wallet i sell instant if it in any exchanges. then my target to buy in dump market again as hunter goes with panic sell so there goes change to buy in low price that i can again sell in best prices some days later when all bounty hunters sell completed.
-
i keep whatever token i got from bounty in my wallet waiting for a price action that will impress me. sometimes i sell whenever it arrives but that especially when i need cash. some times, i run out of cash. it also depend on the viability of the project. A long term project is worth holding the token while short terms are been sold off .
-
until now I have only sold 50% of the cryptocurrency I received from Bounty...
the rest I keep in the wallet in the hope that prices will continue to rise in the future.
-
Necessity known no boundaries... When I get some rewards from any bounty campaigns then I separated two parts and 50% I sold in transfering any reputed exchange and others 50% hold for long periods.
-
If they are tradable, I will definitely sell them, all of them immediately after they are listed. Moreover, the price will be always down after some moment of listing. Therefore, before the moment is gone, I will prefer to sell the whole tokens/coin from the bounty campaign as soon as possible.
-
If the coins/tokens have good prices on exchanges, then I will sell all of them. I convert it to Fiat or to top coins such as BTC or ETH. I prefer to convert it to top coins if I want to make a long term investment because I doubt to hold a long time new altcoins. I have failed to do that way many times.
-
It all depends on the condition of the token in the market, if the memant of the Bounty yield has a decent price then I will certainly sell it immediately without thinking of price increases later on, but if the token from Bounty does not have a price then I will hold it in my wallet in the hope that when later the token rises.
-
Coins that work, if they have a good price in the market, then it is better to sell the coins. And I think it's better if you can hold on. Coins that are currently in good prices in the market will increase in value once the market is good.
-
If the coins/tokens have good prices on exchanges, then I will sell all of them. I convert it to Fiat or to top coins such as BTC or ETH. I prefer to convert it to top coins if I want to make a long term investment because I doubt to hold a long time new altcoins. I have failed to do that way many times.
We have the same problem, mate :)
I think invisible tokens have some kind of magic that makes us want to hold them as long as possible to wait for the price 10-100 times, like the rings in "The Lord of the Rings". .
The token sale strategy for investing in top 10 Coinmarketcap is probably the most reasonable possible!
-
Selling 50% of the coins you earn from the Bounty project saves the rest. I agree with your opinion and that is what I often do when earning coins from the Bounty project. But I'll do a check and look for information on project progress. If the price still has good potential for pumping, I think the coin will hold me, and be patient waiting for the price to pump the coin.
-
More interested in selling only 50% and if the project has the potential in the future I will buy it back at a low price. Usually after tokens are distributed and available on the market there will be a significant decrease because bounty participants want to sell more than to hold
-
If the coin still has good potential, 100% of the coins will I hold for a long time? But if the condition of the coin price while in the crypto space continues to decline, I will sell all the coins. Many bounty project coins are not growing and the price collapses. So we should be able to see the situation happening and immediately to take the decision.
-
Personally i was use to holding at some point, but eventually i came to realisation that its not any wise to hold because in most times, the dump is massive with no hope of recovery.
I learned to sell 100% immediately the hard way. In some few cases where the charts are very red and tokens or coins have growth potentials. In cases where i shorted and price increases, i feel bad but have to move on.
-
It all depends on the condition of the token in the market, if the memant of the Bounty yield has a decent price then I will certainly sell it immediately without thinking of price increases later on, but if the token from Bounty does not have a price then I will hold it in my wallet in the hope that when later the token rises.
8) 8)
-
Commonly, I prefer to seel all my bounty tokens/coins. I think it is better to sell all of the tokens/coins as long as they have good prices. I am afraid new tokens/coins will be dumped soon, so it is better to sell them very early once I get the tokens/coins. However, if I get very potential tokens/coins, I will hold a half or 30% on my wallets.
-
Well, for me it's depend on the situation. If i need a money then i will sell it immediately all my bounty for a money. But sometimes i hold some of them because of strong support and potential in the future.
-
I usually hold the tokens for longterm because i only try to promote a project that i like so i try to give maximum time to team to comeup with a successful project and with this strategy i usually gain but yes some projects do fail or close resulting in valueless tokens later.
-
Most participants hold 50% Tokens from Bounty because they want to see how the tokens are developing after being registered in the market. I always do that or hold more when the project is successful in the period of selling their tokens
-
As soon as receiving the coins or tokens form bounty campaign, I will wait for the coin or token to be listed on the exchange. As soon as it is listed, I will sell them because it is too risky to hold the coin as well. But of course, I will also see for the prospect of the coin
-
Previously, I held almost all the tokens, I earned in ICO bounty campaigns, hoping that over time they will grow in value, but this did not justify itself. Now I began to sell more of my tokens, especially those where I’m not sure that their projects will develop, and tokens grow in price. I try to exchange such tokens for ethereum. At the same time, I still keep a lot of tokens in my wallets. Some of them are very little appreciated and I just don’t see the point of selling them.
-
It's difficult to differentiate between a good project with a poor project these days. I think the safest way is to sell all of the tokens when they're first listed. Many projects promise to list on big exchanges but their investors keep waiting for years to see that. I also kept a bunch of tokens in the past and waited for big exchanges. But that day never came.
-
Very much effective information. Actually bounty is a systematic way of marketing through out the world. People from different countries getting familiar with bounty, social media advertising. But when a project payment tokens or coins i consider two things. One holding and others trading. But all tokens I don't hold. When I show market value and exchange reputation, then I hold them.
-
We get bounty project tokens and sell them. Or if the market value is good then we hold those coins. Since we are working on the project, we sell all the coins. We hold a number of Tokens. But it completely depends on my choice.
-
During this time I saw the condition of the market first, if I think the price is good enough and profitable for all the work that I have done, I will sell it but if the price is not as what I expected, I will hold it.
-
~if I think the price is good enough and profitable for all the work that I have done, I will sell it but if the price is not as what I expected, I will hold it.
It is the same with me. I will sell my bounty coins/tokens if the prices are quite good. I won't miss the opportunity to sell the coins/tokens in good values. Also, I doubt that most of new altcoins will be dumped and hard to go up again. That's why I prefer to sell them once the prices are quite good.
-
It depends on the general situation of the market bro. If this is the time, I would choose to hold 100% because the market capitalization is still small, while we see great potential for future growth. Going back to 2018 and 2019, when the market is ATH and starting to enter a downtrend, selling out is a good choice.
-
I would choose to hold 100% because the market capitalization is still small, while we see great potential for future growth.
Are you sure that will be a potential raise for all new altcoins in the future? Remember that we are talking about coins/tokens got from bounties. As we know that many of them are only about pump-dump. Once the price of the altcoins decreased, then I doubt that the prices will be back at top performance. For me, holding 100% is too risky. At least, sell 50% if they have good prices.
-
The major issue here is that most bounty hunters have high expectations when participating in bounty Campaign that's why some don't sell their token reward after receiving it why some because of fear and doubt sell off their bounty reward when the token is listed in Exchange to avoid had I know. Sometime I do sell.
-
If the company is interesting and it is clear that the company will develop, then I usually do not sell tokens received from the bounties from these good companies, and if I see that the company is just looking for money to escape with them, then I immediately sell all tokens.
-
If the company is interesting and it is clear that the company will develop, then I usually do not sell tokens received from the bounties from these good companies, and if I see that the company is just looking for money to escape with them, then I immediately sell all tokens.
+1
You are a smart bounty hunter, hope that everyone has the ability to accurately analyze and make informed and timely decisions.
In your opinion, which criteria can be used to evaluate the future of a project after ICO/IEO? Is the development right according to the Roadmap or community activities?
-
I like the hold to die strategy.. hahaha
I'm confused who will die:
The project or the holder. Haha
I wish both will not die because they are the same in need.
Anyway, I hold the tokens while watching the price movement in the market and be updated to project news. I trade 50/50 or 40/60 depends on the movement. If the price still on decline, I chose to hold than sell.
-
What do you do with coins/tokens received from bounty campaign?
CPocket is a complete cryptocurrency secured wallet. The system platform is developed with the Laravel framework and MySQL. Our system is 100% Secure and Dynamic. It is integrated with coinpayment gateway which supports all available Cryptocurrency whose coinpayment supports. It has Buy coin functionality by bank deposit and Coin Payment gateway, It also has a deposit, Withdrawal, Referral system, Membership system, Blocked coin, and get bonus & many more features that you need to run a wallet. It is the most perfect platform for creating your own currency wallet. The good business opportunity that it has a coin staking option and membership club functionality with configurable reward bonus.
For more details - codecanyon dot net
-
Until 2017 -2018, most bounty hunters kept the tokens received in the ICO bounty campaigns whenever possible in the hope that many of them would grow in value. However, over the past two years, the overall situation in the cryptocurrency market has not been in favor of altcoins.
Now we need to be very selective about the new tokens received. Only the very best of them deserve long-term storage. As practice shows, tokens, in which we doubt the possibility of further growth, it is better to sell immediately and exchange for Bitcoin, ethereum and other top altcoins. Only if at the time of making a decision, tokens have fallen in price, taking into account the specifics of each project, you can not rush to sell them.
-
I like the hold to die strategy.. hahaha
I'm confused who will die:
The project or the holder. Haha
Such strategies are very risky but also very profitable. If the project to hold is a project that has a future. The important thing is always be patient.
-
I sell them fast. Because I see no reason to keep them in your wallet.
-
I will keep the coins/tokens if they are still no values but if they have good values, I trade all of them. Unfortunately, most of the bounty tokens/coins have no values, so I need to wait for the time that the coins/tokens have values on the market. I think it is the best way to make the tokens/coins be worthed.
-
So far, I will sell 100% as soon as the coin/token is listed in the exchange. Well, the result of the amount reward is commonly not much. So, I only try to get my earning by selling the coin immediately. Although the price will rise up, I don't mind about it
-
What do you do with coins / tokens received from bounty campaign?
Most bounty hunters know that finding a potential project to participate in its bounty campaign is difficult, joining & getting large amount of tokens/coins is harder, but solving the amount of rewards determines what hunters really get after days, weeks, and months of pursuing a bounty campaign.
So what do you usually do after receiving a reward from the project:
- sell all 100% rewards right after tokens/coins are listed on exchange?
- sell 50% rewards right after tokens/coins are listed on the exchange, keep 50% in personal wallets?
- trade on the "black market" before the tokens/coins are listed on exchange?
- hold all tokens & wait for prices to be really good compared to expectations?
- hold to die?
I still recommend that everyone sell 50% and keep 50%, but when holding a token we consider to be potential, we tend to hold it and wait for the price to increase 100-1000 times :)
I usually sell the 50% bonus as soon as the token / coin is listed on an exchange, keeping 50% in my personal wallet. I only sell out when I really need the money to do something more important
-
I usually save it and wait until a certain point in time the reward can be redeemed for my favorite gifts
-
I always sell coins I make with bounty. Because I find it hard to increase in the future. I also sometimes fell short of projects like Atomic, Hex or the latest Oikos. However, the number of these projects is very small, about 1-2%.
-
I still hodl the good ones up until now 100% . Other tokens already died or up until now not listed on any Exchange. I sold some of my holdings 100% too. It depends on the project and their potential. Hodl the good ones and sell the crypto you believe will not gonna grow overtime.
-
It depends on how I feel about the project, if it is a good project which I feel has great potential for growth, I will hold for the price to ht my price level and sell but if it is a project I am not really convinced about I sell and hold the BTC instead.
-
basic there are different reason for participating in bounty,
1. To earn and sell
2. To hold '
3. To earn and sell
basically as for me, i fall to the third category my basic need determine my decision as to whether to sell or not.
-
I usually kept the main part of the tokens I received earlier for participating in bounty ICO campaigns in my wallets, hoping that their projects would develop. However, in the main, these expectations were not met. Where I transferred tokens to ethereum or bitcoin, it pays off. It is possible that some projects will still show themselves, but so far only a few are doing it.
-
Actually when i get some tokens from bounty campaign that time analysis the tokens or the projects destination if i think it will be good in future then i try to reserve it. If it is not contain the value then i sell the tokens.
-
Actually when i get some tokens from bounty campaign that time analysis the tokens or the projects destination if i think it will be good in future then i try to reserve it. If it is not contain the value then i sell the tokens.
indeed, usually after giving the token we receive it will always be not in accordance with the ICO / IEO price and that often happens. and we need to analyze properly whether the token we receive has the potential to continue to be held and hopes that there will be an increase in the future.
but usually because at the same time the bounty hunter sells, it causes the price to go down and, surprisingly, the team and dev also sell so that one day the token is no longer valuable.
what should be true is a token for development and a token for the team not to be sold immediately, so that only the bounty hunters do it because the% value is not large and will not affect the token to drop in price. and it is widely seen now with a potential token.
-
Depends on the project. Some are straight hot air, and I quickly dump them. Those that have potentials are kept around and I sell at a profit
-
Coins from bounty campaigns are rewards well earned for a proper job done by bounty hunters; and hunters are entitled to sell, or hodl as they simply desire. Hopefully projects learn to keep to the end of the bargain on a consistent basis.
-
Depends on the project. Some are straight hot air, and I quickly dump them. Those that have potentials are kept around and I sell at a profit
I'll give you an example. Me and a friend were on bounty at the same time. He and I earn the same amount. I always choose to sell all I get, but he keeps it. And after 2 years. I sold 10k $, he had less than 2k in his wallet. I was right, right?