Should we sell Bounty rewards?

[Jaguar]

I also thought so until recently, I participated in the bounty, immediately after the award I sold all the coins for$ 100, a year later today my awards would cost $ 1500 this happens rarely, but the project has shown itself well over the year.

After the payment some of us bounty hunters are eager to sell the tokens immediately thinking maybe the price will dump. It wasn't our fault because we just sold the tokens for what we thought the proper way to anticipate the dump of price. Need to focus in the present condition than dwelling in the past.

[Gurujebs]

I also thought so until recently, I participated in the bounty, immediately after the award I sold all the coins for$ 100, a year later today my awards would cost $ 1500 this happens rarely, but the project has shown itself well over the year.

After the payment some of us bounty hunters are eager to sell the tokens immediately thinking maybe the price will dump. It wasn't our fault because we just sold the tokens for what we thought the proper way to anticipate the dump of price. Need to focus in the present condition than dwelling in the past.

Sometimes, the fault is always among us. These tokens are sent from the team as reward for the hard work and support one have provided for the project but it's so sad that everyone want to dump these tokens as soon as they collect their share.
It has now become a norm that as soon as bounty hunters collect their share, they go to the market and dump it right away.
The thing is, if a project is fundamentally sound, hunters cannot dump the price.

[KryptoBull]

After the tokens are transferred to the hunter's wallet, the hunter has all rights to that token. He could continue to keep it, he could also sell it at DEX or on CEX, every decision was justified for the hunter himself at that time. Hunter also doesn't need to care about the impact of selling or holding tokens. The project team is responsible for using the funds raised effectively to develop the project and raise the token price, the hunter should not take on that responsibility.

[Callisto]

In general, the question is very difficult, it is difficult to foresee the growth of a particular coin after the distribution. Many of course sell immediately after listing, but there are cases that then during the year the coins showed an increase of 500% +...

[youdacapt]

Yes, you should sell bounty rewards; but you should sell for good good value; Rewards from bounty are for job well done and you should always learn to make the right decisions. are you doing bounties for fun or to earn ?

[gurunanakji777]

I believe every project is not dead in a shorter time If you know a project has some potential to grow then one should not sell his bounty rewards and keep trust in the dev. Even one should wait for the implementation of the whitepaper. Selling quickly all the rewards never gives the right profit that we expect and for that, one must have some patience.

[Sammy9ce]

I don't think is all. We should make research before getting involved and spending time on bounty projects. Some projects are really cool and reliable while some are not, they just stay for a short period and then fall. Just keep the rewards you think are good from your research and sell others.

[Freemind]

@Sammy9ce you have said the keywords and I totally agree with you. Many people want to participate in bounties, and they join the first ones they see, in 99% of cases inexperienced users join scam bounties because they do not know how to search for the necessary information to know if that project is legit or is a scam.

[Jaguar]

I also thought so until recently, I participated in the bounty, immediately after the award I sold all the coins for$ 100, a year later today my awards would cost $ 1500 this happens rarely, but the project has shown itself well over the year.

After the payment some of us bounty hunters are eager to sell the tokens immediately thinking maybe the price will dump. It wasn't our fault because we just sold the tokens for what we thought the proper way to anticipate the dump of price. Need to focus in the present condition than dwelling in the past.

Sometimes, the fault is always among us. These tokens are sent from the team as reward for the hard work and support one have provided for the project but it's so sad that everyone want to dump these tokens as soon as they collect their share.
It has now become a norm that as soon as bounty hunters collect their share, they go to the market and dump it right away.
The thing is, if a project is fundamentally sound, hunters cannot dump the price.

Few bounty hunters who knows how to hold the token while the price is not yet stable upward. Majority of hunters wants to sell the token immediately after they had receive the reward. The danger is what if the token pump 3x. They will probably regret. Like some of hunters who had CorionX. Before the token was so dumped low. But today the price pump to 340% increase. I'm amaze for CorX impressive achievement.

[damsix]

My wish is to take part in the bounty campaign and I immediately sell the result because what I take is Bitcoin, Ethereum and USDT.
So I rarely have strange tokens created by developers who don't have a good vision and mission.
After I got Bitcoin, Ethereum and USDT then I trade on Binance.

[raisajahan]

Yes we can sell bounty rewards from listed exchanger. First of all we have to create a account in exchanger where bounty coin accepted. Then we have to deposit.

[GREENch85]

Yes we can sell bounty rewards from listed exchanger. First of all we have to create a account in exchanger where bounty coin accepted. Then we have to deposit.

It is obvious that you do not so interpret the main theme of this discussion. TS was interested in the opinion of his colleagues in the craft, not how to implement it, but in the general expediency of selling it immediately.

[Freemind]

Yes @Jaguar, they are known as "weak hands". Normally, when bounty hunters sell fast (a lot of them) the price logically goes down. The bounty hunters who know how to wait for that first dump are the ones who benefit most from their patience. If then everything continues as normal and the #DevelopmentTeam  advances with the project, the benefit is even greater.

[vitek146]

Even if we want to sell our bounty rewards as soon as possible, this is not always possible due to several reasons: the token or coin is not yet traded on the exchange, most projects take a very long time before the distribution of rewards, so the price can significantly drop and sell already will not make sense with the current commissions in the Ethereum network on crypto-exchanges, I'm not talking about the monster of Uniswap commissions.

[Vladok]

Of course, at least 50 percent of all tokens must be sold to lock in profits, otherwise you may end up with nothing, so don't be greedy and lock in profits always