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Topic: If your coin increased 40% - 200% in value over night. What would you do? - page 42. (Read 36232 times)

member
Activity: 385
Merit: 10
After I hold the cryptocurrency, I usually give myself a psychological price first. Only when the price of the cryptocurrency reaches my psychological level, I will sell it! If not reached! I will continue to hold!
member
Activity: 378
Merit: 17
Usually I try to make predictions about the change in the exchange rate of coins and by the time the coin  pump I will already know whether to sell it or hold it on.
full member
Activity: 504
Merit: 100
Honestly, I did not have this experience. I think that most likely you need to sell because in this case the coin may fall in price.
member
Activity: 512
Merit: 10
First I would examine what was the reason of increase (any specific event or development, announcement , exchange). Than look at the market situation  if it was growing as well or not. Then look at my predefined profit targets on that specific coin and based on that would make the decision probably  to sell part of it and reinvest after dip. The % how much to sell depends if it  was any  specific reason for that rise or it was just a huge pump.
full member
Activity: 364
Merit: 100
I'll take my initial investment and get some 20% profit then others will be for long term. One thing you should always do on any investment you put get your initial invesment when you can...
newbie
Activity: 23
Merit: 0
i think 40% - 200% of my investment In one night even one week does not repeat every time
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
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?

Ofcourse take profit and wait for more dip or move to another coin.
I'm not that greedy to hold the coin because profit is already in front of the eye.
As expert traders said, little profit is good if the frequence is high Cheesy
If we constantly fix profits at the level of up to 200%, then we will never see growth on any coin x10 or higher. I understand that sometimes reliability means a lot, but it seems sometimes better to take a risk and have a chance to get a huge profit that will radically change your life.
member
Activity: 182
Merit: 14
https://bizzilions.com/?ref=sham100899
Good decision making is a big factor, you need to decide if you sell all of your token when the price pump. But for me I would just sell half of it if it increases from forty to two hundred percent and the half will be on hold to wait for the price to go to the moon.
newbie
Activity: 210
Merit: 0
It's called the McAfee effect lol.
I'd sell right away.
newbie
Activity: 21
Merit: 0
It depends on situation. If the price increases due to market recovery, it is pretty normal for crypto to rise 50% to 200%. If I believe the coin still have potential, I will hold.
newbie
Activity: 18
Merit: 0
No matter which coin it may be, if the coin has made a spike of more than 60% I would definitely sell it. Anything that goes up very fast always comes back down, take example of Storm, it went 200% up and has been dumping ever since.
sr. member
Activity: 532
Merit: 250
Of course, the answer would be selling and dumping all those coins that I have. It's a huge opportunity that any trader have been waiting for. And 200% pump is surely a fake pump so there's also a guaranteed massive crash after.
that right decision.our goal while trading only to gain profit and money, so while our transaction rise more than 200 percent, i think the only best decision is sell it all.and rebuy when it in dip, or buy other coins.
newbie
Activity: 171
Merit: 0
I will take profit 50% and keep 50% view the market to make the most accurate decision.  Kiss Kiss
full member
Activity: 532
Merit: 100
Of course, the answer would be selling and dumping all those coins that I have. It's a huge opportunity that any trader have been waiting for. And 200% pump is surely a fake pump so there's also a guaranteed massive crash after.
member
Activity: 350
Merit: 15
Currently, the bear market, a sharp rise to a large percentage in a short time, makes quick decisions.
I sold at a rapid coin growth of 47%, and I do not regret it. Yes, in the future there was a short increase of another 25%, but then a deep fall. We will not be greedy, the fulfilled goal accomplishes satisfaction.
newbie
Activity: 154
Merit: 0
Your question is a little inaccurate, could you correct the question, please. 40% and 200% is a big difference. If the coin was grown by 40% I would keep it on because it’s not enough for me. 200% is quite enough and I would sell all.
newbie
Activity: 69
Merit: 0
if it happens to me at this point I will definitely sell at my prediction point. all back to their respective beliefs, if you believe you can get more up again at this time, you can bear it first, but if your belief to sell your coins, sell it.

I usually see my financial needs, if I need, I will sell my coins, otherwise I can bear my coins.
newbie
Activity: 82
Merit: 0
In scenario like this, I will sell 80% of my coin. I will now reserve 70% of the money I realised to be reinvested. At this point, the likely thing that will happen in the market is that, for such coin a lot of people having it will like to dump or sell it off at that unprecedented moon price. If this happened, definitely its price will drastically fall and enter a great red. This is where I will now invest my 70% saving in that coin again or invest in another promising coin when the market is red.
sr. member
Activity: 938
Merit: 256
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?

Ofcourse take profit and wait for more dip or move to another coin.
I'm not that greedy to hold the coin because profit is already in front of the eye.
As expert traders said, little profit is good if the frequence is high Cheesy
sr. member
Activity: 602
Merit: 250
Maybe everyone will be happy, but each reaction will depend on the purpose.
Maybe for a trader, such profits are already very large. But maybe long-term investors will not let their goals stop in one night.
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