Re: How do you comfort yourself after receiving token from the bounty program?
In this difficult market, the value of tokens is reduced very low.
So, how do you console yourself?
I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!
For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$.
)
So, how do you console yourself?
I first:
I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price.
As a result, I received the corresponding ETH.
I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha!
For example:
I received 1000 ABC token.
ABC token ico price: 0.2$
Total received: 1000 * 0.2$ = 200$
Current ETH price: 150$
So I will receive: 200/150 = 1.33E
If ETH = $1500 is like 2017, I will have 2000$.
)I don't like to say it - but that calculation only works if you can sell the token at the ICO price. In practice most coins drop in price dramatically once they hit the exchanges. If it is a good project, then it will likely increase again, but not for a long time. I suppose the answer is to research each project before you join it, to make sure you are only investing time in bounty campaigns for those that are likely to have a good long-term future.