Post
Topic
Board Altcoin Discussion
Re: Bounty hunter is considered as investors with a big patience.
by
lixer
on 12/06/2023, 15:25:20 UTC
then another thing to watch out for is when the project goes down some bounty hunters and investors might panic and sell their tokens.

My experience tells me that sometimes to sell bounty rewards as soon as it hit the exchange may be a good decision. I have noticed some bounty posters who have complained of not making profit from the rewards after they left it believing it will increase and some reduce to nothing after a while. For me I decide not to regret when I take decision to sell.
It is nothing more than stupidity if someone doesn't sell their bounty rewards only in the hope that the price of the token might increase in the future, it barely happens when an altcoin running a bounty campaign gets enough success and the token gains a significantly high value or at least goes higher than where it is at the launch, they mostly tend to lose value over time.

The best way to go about it is to sell it as soon as the token is listed in an exchange because sometimes developers or the team dumps all their tokens as soon as the token gets listed so that they can run away with funds they will receive by selling all their tokens and investors fall prey to that.