Post
Topic
Board Speculation (Altcoins)
Re: Sell bounty token at a loss?
by
Koontas
on 28/09/2018, 15:04:53 UTC
If you have free Bounty tokens, would you sell at a loss? It can have advantages or disadvantages to sell at a loss: to avoid more loss but also to realises losses.

Personally I would wait for a better overall crypto market and sell later, because it's a bear market right now. If price rises again you can make a better profit and get more money back per coin if you wait and sell later. Market recovery will be positive to many good projects.

What's your strategy to make most profits now?
I would not recommend to sell bounty tokens immediately after distribution. Many people dump into contracts on Etherdelta or so. For me it is more a good buying opportunity when bounty hunters rage dump their tokens.