I can't say I'm new coz I've been doing bounties for 10 months now, BUT I still don't know how to increase my holdings until now.
What I do with my participation rewards is JUST SELL them. That's it. That's the end of it. I often find myself running out of funds or decent token to sell because of this pattern. I end up being so broke I cant even afford to repurchase even just a little percentage of the token I sold. It's becoming a habit and I hate it.
I only know 1 thing: Buy low, Sell high. But even that is not enough.
So let's just say I'm still a newbie. I guess this post and the comments will greatly benefit those who are in my shoes now...
Can someone please comment or help me get started.
What is that one article or video that have guided you before when you were just starting to BUY and SELL. What words of wisdom can you share with me??
I think before you sell rewards from bounty, you have to know how the development progress of the project, so you will get an imagine of whether the token that you hold has a chance to the moon or not, if it doesn't have progress, just sell and make it as your trading capital