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Author Topic: What do you do with coins/tokens received from bounty campaign?  (Read 7178 times)

Offline MrSpasybo

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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 :)
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Offline TomPluz

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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #1 on: July 10, 2020, 12:38:36 PM »
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.

Offline Coin63@

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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #2 on: July 10, 2020, 01:56:36 PM »
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.

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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #3 on: July 10, 2020, 02:05:34 PM »
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%
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Offline tinakoya

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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #4 on: July 10, 2020, 02:14:44 PM »
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.

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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #5 on: July 10, 2020, 02:27:15 PM »
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.

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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #6 on: July 10, 2020, 04:02:23 PM »
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.
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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #6 on: July 10, 2020, 04:02:23 PM »


Offline babu10

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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #7 on: July 10, 2020, 04:19:19 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 :)

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.

Offline tonymillions84

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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #8 on: July 10, 2020, 06:55:07 PM »
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 .
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Offline Renampun

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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #9 on: July 10, 2020, 07:06:46 PM »
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.


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Offline Altcoin1998$

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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #10 on: July 10, 2020, 07:19:25 PM »
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.
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Offline Quart

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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #11 on: July 10, 2020, 11:26:11 PM »
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.

Offline I-Bit

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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #12 on: July 10, 2020, 11:28:46 PM »
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.

Offline Octoalts

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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #13 on: July 11, 2020, 03:01:04 PM »
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.
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Offline Rakin343

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Re: What do you do with coins/tokens received from bounty campaign?
« Reply #14 on: July 11, 2020, 03:23:50 PM »
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.
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