Post
Topic
Board Speculation (Altcoins)
Re: Sell bounty token at a loss?
by
zhelis74
on 10/04/2019, 23:17:36 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?

What loss you are referring to? ICO price or your time?

Many projects which run bounty are starting to trade at a huge discount straight away to the initial ICO price. It is so weird, who is dumping all that, most likely it is the project themselves or could be because of poor demand and low liquidity of the newest project released on the exchanges.
As for me it is not preferable to sell bounty token at loss even if we don't spend money of buying fot it because in the first place we spend much time of complying all bounty rules and I believe that time is money if we wisely use it, so selling at loss is not worth it.