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Topic: If your coin increased 40% - 200% in value over night. What would you do? - page 37. (Read 36210 times)

jr. member
Activity: 70
Merit: 2
Definitely I will sell it immediately. Because mainstream coins are unlikely to rise so much, altcoin rises are usually accompanied by selling, and what you have to do is sell them before others.
newbie
Activity: 66
Merit: 0
Facing this condition, I'll soon sell my coins to take profit.It is done to minimize possible risk. When there is a sharp or strong price increase within a short time let say overnight, it will be usually followed by price retracement/price drop.
member
Activity: 176
Merit: 10
I would definitely fix some part of my coins without any regret. It is a gift of fate for you. Another part I'll keep holding for long term
member
Activity: 434
Merit: 10
If my tokens grow so much in value overnight, then I will sell them immediately, because I think such a large increase is likely due to the whale's operation! I think selling is safe!
jr. member
Activity: 151
Merit: 5
Depend on the coin hold but mostly I will sell at least half. sell and buy back later. That is name of the game.
and its not really a good thing for a coin to raise 100% over night. Mostly considered as artificial pumping...follow could be ...intentional dumping
member
Activity: 448
Merit: 15
TREEBLOCK
I suggest it depends on what you think the actual potential of the coin really is. If they are early in the project it may be a pump with a drop to follow. I would sell around 50% and then if it drops I would buy back with extra coins. If it is well into the project I would probably sell 50% and leave the other half to ride at zero cost risk.
newbie
Activity: 98
Merit: 0
 think holding is better than sell in the loss. early this year the market is good everybody receives some profit but suddenly dab news start coming and the market is down till now. But those who buy their coins in deep like eth 500 dollar they already gain profit. At least I do. And I believe it will go up more. So I hold tight.And its quite normal 2x gain i recive 50% from ziliqa and HT.But i dont sell cause if market go up like yearlier ii make more profit from these coin.Choice is yours .
newbie
Activity: 70
Merit: 0
I will sell it if I think I have profits from the sale after it was deducted by the fees. In trading we do not need to be greedy to expect big profits because we also do not know whether the price will rise or turn down again.
full member
Activity: 476
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 amount is sufficient, I would put up my own business! Having my personal business is a long time dream which I believe I can achieve with the help of cryptocurrencies. There is no backing out from here on...
newbie
Activity: 224
Merit: 0
if my coins had grown like that overnight, I would have sold them. because nobody knows what will happen in the future.
legendary
Activity: 1191
Merit: 1001
It is a hard question because all depends on the coin you have. Trading is very complicated thing, especially in crypto, where everything can change in hours. Some coins can increase even after 200% and you should hold.
jr. member
Activity: 350
Merit: 1
Personally, I prefer Hodling ... This seems to me more promising than day trading!
newbie
Activity: 87
Merit: 0
when it will surely I see first the news is again up what not, seandaiya up there but the market is not going up then I biarin, but the market is already rising beneran also then I take if it is profitable .
full member
Activity: 518
Merit: 100
I've this will happen i will sell my coins to have s big profit because we don't know what will happen on the next day what if the value of my coin will drop down again so better take the opportunity to sell it.
full member
Activity: 1260
Merit: 102
depending on how much profit it makes i'll get some real estate investment done and will invest more in cryptos. Btw this kind of things can happen in cryptoworld and they are not that rare either.
fvb
member
Activity: 1470
Merit: 13
I would sell half of the coins and wait.  You choose how to proceed.  Then you can buy more coins when you fall.  I set a limit for myself.  If the coin gives 200%, then I sell.
jr. member
Activity: 350
Merit: 2
Definitely I will sell. No hold at all if the situation is like this. Then later after the price come down we can buy at lower price again  Smiley
sr. member
Activity: 602
Merit: 262
Take profit. I will take some or all of them depend on my need. Don't be greedy before you can't enjoy anything.

A good suggestion for a Jr. Member well this is right first thing you need to understand in cryptoworld is dont be greedy if you see you can take profit then grab because any moment the price can be change into dump or pump dont regret the opportunity to gain profit evein it is small or big profit!!
newbie
Activity: 136
Merit: 0
Take profit. I will take some or all of them depend on my need. Don't be greedy before you can't enjoy anything.
newbie
Activity: 126
Merit: 0
The current cryptocurrency market is unlikely to have huge fluctuations!
My investment in cryptocurrency is still at a loss. If my cryptocurrency increases at night, I will not hesitate to sell my cryptocurrency!
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