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 quite logical to sell immediately after receiving the award. But now most Westing Time projects have been introduced, so everything cannot be sold. Yes, and such approaches are better for projects. And then the depreciation of the coin immediately upon entering the market noticeably reduces faith in the coin.
Logical indeed on which going in the past on which it would really be just that ideal on selling out those coins while it would be listed out on exchanges but thats a big what if., because we know that most projects doesnt really end up on getting listed on platforms and mostly be traded on DEX and even the worst ending up on having no value because there's no demand into it. This is why as a bounty hunter and on the time that
they would really be getting their coins/tokens then it would be wise that should sell out immediate. The sad thing on here is that on the time that the value had decreased down, then they are the ones
whose really that get blamed on when there's a dump without even trying to look at that those investors are the main dumpers in the first place. Come in mind on how small the allocation is when it comes
to bounty or marketing stuff?
Your notion about selling coins immediately post-reward is compelling. But isn't it a bit narrow-minded? Isn't the crypto-world a bit more nuanced than that? The vast majority of Westing Time projects, as you correctly pointed out, have been launched. Yet, not all assets meet a successful fate on exchanges. Tokens get lost in the shuffle, their value fading into oblivion due to a lack of demand. So, a bounty hunter could logically rush to cash out. However, this haste can be problematic, no?
What happens when the token's value decreases? Scapegoating starts. The bounty hunters shoulder the blame for a market dump. But isn't that ironic? Aren't the investors, the ones who initially inflate the price, the real culprits behind these market dumps?We need to question ourselves here: Is it justified to blame these bounty hunters who hold a minor share in the total distribution? Isn't the core issue the shaky foundations of these new projects? We need to critically examine this!