Post
Topic
Board Marketplace (Altcoins)
Re: I feel sorry for the EMIREX bounty hunters $20 for 9 months of waiting
by
arwin100
on 26/10/2020, 09:37:17 UTC
Thats the reason why i dont like bounties that pays after 9 months after the bounty end cause the price will surely go down, and the hardwork you give on the project will be worthless.

After all, not all projects fail. It is true that due to the two-year bear market in the cryptocurrency market, many projects failed to deal with it. However, some of them survived and the price went up significantly.
In this case, unfortunately, the positive effects are still not visible, but it is not certain that the price will not increase in the next few months. These types of projects are usually long-term investments and profits can sometimes be waited for even several years.

If for long term many hunters know that most of the time they will decrease more of its value than increasing thats is normal happening in many bounties and bounties payment. So holding it will not be a good option if you want an easy money its better to sell it the day you receive the payment than holding it for long then lost.

It is because of this behavior, i.e. immediate sale of the received tokens, that developers hold token withdrawals for several months to avoid a price dump.
Investors also avoid investing in projects that allocate a large portion of their tokens to bounty pools as they fear that bounty hunters will drop them as soon as the token enter the exchange.
It is difficult to find the best solution, but in my opinion the most important thing is to choose those projects that are the most promising, bearing in mind that the profit will be after a long term.

The only one people can blame about the situation happening is the emirex dev since if they really afraid for the dump that might happen once the bounty hunters receive their tokens they should find a best solution for that matters, and holding the bounty for such a long time can create bad effect to their business since for sure many hunters are angry since they didn't compensate for their hardworks.

The best solution if they are afraid of dump is they do a gradual distribution of the bounties, maybe by this for sure many happy people will praise them since they do the distribution in proper way.