Post
Topic
Board Beginners & Help
Re: For newbie, Why I choose bounty over ICO?
by
Hamphser
on 23/03/2018, 21:07:01 UTC
Hello newbie,

I wanna share my experience with you about bounty/ ICO. In December 2017, there was so many ICOs that you could get x10 or x20 profit.  Grin

However, It was competitive to join in those hot ICO because of whitelistiing and gas war battle. I finally found one and get whitelisted. It guaranteed that every whitelisted member can contribute with 1ETH. The market started to bearish in early Februry, I decided to contribute 0.5 ETH, at the same time, I also joined 1 bounty. As of today 03/23, the free tokens i got from bounty are still same price of ICO, but the tokens I bought from ICO goes down from 0.0005 ETH to 0.0002 ETH.  Cry

I realized that many ICO just goes down when they hit the exchange, with that experience, I mostly join bounty.
You have nothing to loose to join bounty but extra income.  Cheesy

Do you have any experience with your ICO or bounty?

This is as-usual bro. If you getting the tokens there would huge number of trade for this coin for sure. If you missed to sell the tokens, with 3 days on the token listed on exchange. You will miss the price you see in the time it launched.
This is the big burden for many ICO projects bro.
So you also ready to sell the tokens whenever you find the tokens listed buddy. Hope you won't do this mistake at all again.
In most cases this do really happen where a certain coin get listed.They do usually tend to rise up its price into some percentage and later on it would dump.This is why we should be wise on when to sell out and dont tend to wait for the dump because you will surely regret when you see the sweet spot but you just let it pass.If you do believe on the project then you would need to risk to hold on for long term and dont be tempted out to sell off.