Post
Topic
Board Speculation (Altcoins)
Re: Sell bounty token at a loss?
by
Plecet Bank
on 11/09/2019, 22:56:04 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?
Many bounty hunters as they already get free coins, usually directly check the market price, if a good price will definitely be sold.
But what I often see a lot of new coins listed in the exchange price suffered a sharp decline.
This is because the demand is very small.
But, if personally I get free coins, and if it is listed in a good exchange such as gates, the coin will hold me.