Post
Topic
Board Altcoin Discussion
Re: Bounty Money
by
The Alchemlst
on 09/05/2018, 11:24:17 UTC
Some people just participate in the bounties and wait for few years. they don't sell their bounty rewards for low fiat reward. Ironically those people become FIAT millionaires. Cheesy
Thx for bounties! Good jewelry.



That's actually wise for them. However, most of the bounty hunters are not doing that. By the time they receive their pay, they immediately dump them wherever the tokens are accepted for exchanges. They do not have the patience to hold their bounties and wait for quite a while for their tokens to accumulate value.

I do dump my tokens as soon as I received it specially if the campaign failed to reach even its soft cap because I expect its token to reduce in value even more over time but there are certain campaigns that I do hold my tokens, successful campaigns tends to have their tokens increase in value over time which is where I do holding.