Post
Topic
Board Speculation (Altcoins)
Re: Sell bounty token at a loss?
by
LogitechMouse
on 24/04/2019, 12:20:30 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?
First of all, its free. Where will be your loss? Loss because the price of the coin plummeted from its original ICO price? Is that what you are saying?

Anyway, my strategy when I get my tokens from bounty program is that I sell 60-70% of the coins depends on how good the coin and how active. I always save a percentage of my rewards for the future in case it will rise in the future.