Post
Topic
Board Speculation (Altcoins)
Re: Sell bounty token at a loss?
by
coin-investor
on 16/05/2019, 22:28:58 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?

Some coins, majority of these airdrops coins are meant to become a shitcoins, I have a lot of it sitting in my wallet for a very long time now, I prefer selling it at a loss because they are free tokens than having it in my wallet, even if the bull run comes this tokens will remain dead or shitcoins with no value at all.