Post
Topic
Board Altcoin Discussion
Re: Does Bounty really pay?
by
longyenthanh
on 24/05/2023, 13:11:42 UTC
by holding the prize from the bounty it might be possible to increase 2x, but it is also possible to decrease until it is worthless. projects that look good sometimes fall short of expectations. I personally, if I get a coin from a signature and it can be sold, I choose to sell it and buy a coin that can be used for long-term investment, so it's like being able to save bitcoin or ethereum. but sadly there are not many decent bounty prizes at the moment, but keep the spirit to get lucky in the world of bounty hunters

Yes, to be honest this is the main reason for the success and failure of bounties, sometimes holding back to get at least a price increase, and sometimes holding on to make a project lose value, but I'm interested in selling it and exchanging it for another coin to make a more valuable investment.

Unfortunately, but what you wrote shows that there is a greater probability that the price will fall, so you prefer to sell.
I also think that, unfortunately, most projects just fail. The competition is getting bigger.
However, on the other hand, if you hit the gem, you can earn really big money.