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Topic: If your coin increased 40% - 200% in value over night. What would you do? - page 29. (Read 36232 times)

copper member
Activity: 434
Merit: 4
In nowadays bear market, if you have alarms for such a situations and have a time to enter exchanges & trade a lil bit - of course you must fixate it! 200% in bear market? Yes, yes of course! Then hold bit time & buy back lows.
newbie
Activity: 98
Merit: 0
Like most of the people here I will sell my coins if it doubles in value over night. Then just wait it for a drop, if it doesn't drop then i am not lucky at that time Smiley

But then it would mean that you already made profit from the sale, why aren't you lucky?
newbie
Activity: 140
Merit: 0
That doesn't seems like an organic price movement. Particular the 200percent increase So I will sell off quickly and might buy back. Been a victim of this before and I still regret till date that I didn't quickly dump because the pricr crashed badly afterwards.
full member
Activity: 854
Merit: 100
I will be very fast to sell once my investment reaches 100%. After all what do I stand to loose if I get 100% over a single night? It’s far more than what a bank could offer in 5 years.
full member
Activity: 344
Merit: 100
If a 200% increase is possible I will sell. But usually the big increase is just because the fake pump only. It's not real sometimes. It's just a game of some people. I think it's hard for coins that we have up to 200% it takes a long time for it.
newbie
Activity: 116
Merit: 0
yes we first we first check whether or not it really up. if the price of coins rises we immediately sell his coins. we are not wrong if we sell at the time its price goes up it's better for us all
jr. member
Activity: 308
Merit: 4
Like most of the people here I will sell my coins if it doubles in value over night. Then just wait it for a drop, if it doesn't drop then i am not lucky at that time Smiley
newbie
Activity: 174
Merit: 0
of course I will sell because I am very sure if it will last for a few hours then the price will go down, but if you still believe in the coin then you can buy back when the price is cheap
jr. member
Activity: 130
Merit: 2
Do you continue hodling or sell? A lot of people say to hold no matter what happens and I'm not advocating daytrading but I think in a situation like this, it'd be advantageous to sell.

Thoughts? What would you do?

First we need to check why it increased by 1 by so fast. Then from there we can decide to be the sale or hold coin there. Smiley It is the personal opinion of me. Let's analyze the right and don't regret it
newbie
Activity: 98
Merit: 0
It has to depend on the market situation at that time. If I think the coin has potential to go even higher, I will not settle for 40% to 200% gain.

That's a double edged sword. It can always dip and you'll lose everything.
newbie
Activity: 62
Merit: 0
It's a good idea, but 35% is a very small amount, I think if there is only 40 percent, anyway you should leave it at least to 90%.
sr. member
Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
It has to depend on the market situation at that time. If I think the coin has potential to go even higher, I will not settle for 40% to 200% gain.
newbie
Activity: 122
Merit: 0
Definitely sell most, if not all, of the coin. You never know what might happen and I don't even like daytrading but i'd definitely take advantage of the opportunity.
sr. member
Activity: 567
Merit: 250
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I think it is a case to case basis. That happened to many of the coins that I am hodling. But I did not sell even a single of them. Why? Because prior to the pump that happened, there was a much stronger dump, or little consistent dumps that happened several days before. There was also the fact that its highest price was still far away despite the pumps. I would tend to wait for it.
newbie
Activity: 98
Merit: 0
You can't see this kind of profit at any investment model in a year or more, so if you see it overnight, sell it asap. An increase like this is most probably a pump or manipulation, so that means the price will fall back faster in mean time. Sell it.
full member
Activity: 406
Merit: 100
i really don't think daytrading is a good idea and generally prefer hodling, but i would try to take advantage of the unexpected situation and just sell. you never know when the coin might drop again so better act quick when possible.

If my coin would increase 40% - 200% in value over one night then I will sell those coins inevitable. Part of the money I would invest in some other perspective coins. This is my way of doing to get an income with perspective for future.
jr. member
Activity: 81
Merit: 1
If the coins that I have increased the value of 40% - 200%, I will sell my coins, then with my profit I will buy back the same coin with a cheaper price so I have additional assets again.
full member
Activity: 318
Merit: 100
Do you continue hodling or sell? A lot of people say to hold no matter what happens and I'm not advocating daytrading but I think in a situation like this, it'd be advantageous to sell.

Thoughts? What would you do?
If the coin I hold grows by 200+% then I do not hesitate and sell it. Even if the price continues to rise - I'm not upset, because I still make a profit.
newbie
Activity: 62
Merit: 0
It's a very controversial question, like you start to worry that you will suddenly fall down and not have time to sell, but there is also the possibility that growth will go on.
newbie
Activity: 14
Merit: 0
Do you continue hodling or sell? A lot of people say to hold no matter what happens and I'm not advocating daytrading but I think in a situation like this, it'd be advantageous to sell.

Thoughts? What would you do?
Of course we should look at the general situation, because if all crypto is up trend, maybe it's just the beginning of a big jump. And it seems like most regrets come from the decision to sell too early.
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