Post
Topic
Board Altcoin Discussion
Re: Why do Bounty Hunters Sell Immediately they receive reward?
by
CryptoBry
on 17/07/2018, 09:07:18 UTC
Many ICOs have realized that Bounty hunters always sell their coins immediately they give it out to their wallets especially when they are on exchanges. What are the reasons why they sell it out and what should bounty hunters do when they are given the tokens.
Some bounty hunters are not interested in ICOs but only in quick awards. Some of them may probably know that price will not grow. There are also people with urgent financial needs. Anyway, holding is more preferable option for investors than bounty hunters.

Bounty hunters are not investors so they have the "work" mentality though there are of course some who choose to be exemption to the rule just like me (and which I really regretted). As workers they have the need for immediate compensation to the job done hence they sell when the tokens are already in the exchanges. Now, many of these bounty hunters are aware that almost all tokens or coins would eventually go down in value after experiencing some pump...so why wait further when the value is already just 20% compared to its ATH? However, we should also point out that many token buyers have the same mentality...they don't hold and they unload when there is already a clear profit to be made.