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Topic: If your coin increased 40% - 200% in value over night. What would you do? - page 51. (Read 36210 times)

newbie
Activity: 68
Merit: 0
This needs to distinguish the situation. If it is a 200% increase after a plunging, I think I will not sell my currency. If it is a stable increase of 200%, I think I will sell half the currency.
newbie
Activity: 129
Merit: 0
I think I will choose to sell. Even if I really look particularly optimistic about it. But I'm afraid to take risks. I will sell it and buy it when its price falls.
newbie
Activity: 154
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?

I will probably sell it immediately since the market today is growing very quick, all i need to do is exchange it for bitcoins and wait till the price rise to $50k dollar before selling all my coins.
newbie
Activity: 172
Merit: 0
200% is so crazy we will get many benefits. if I experience something like that then I will sell some tokens I have for my capital to be back and some will wait until they reach a high price maybe 500% or even drop back 40% .. just always see the market within 24 hours Grin
full member
Activity: 476
Merit: 101
That was enormous profit, as I could see, whenever you gain almost 200 percent value in just overnight, the most positive ways was to sell. most specially for alt coin/token where movement was very drastic. However, not in all alts may apply this ways. Still, there are many alts that worth to HODL.
newbie
Activity: 56
Merit: 0
Depends on the project and the dynamics of the price of the token. If this is the first growth, then probably the best solution is to sell at least part of the coins (50-70%), 200% is a very good income. If the project pumped, then it's bad decision to wait for top, it is worth sell, dividing into several parts and with each step to increase the price a little.
full member
Activity: 504
Merit: 100
That is a good idea, but 40% is very small amount, I do think that if there is only 40 percent, anyway you have to leave it, at least until 92%. 
jr. member
Activity: 224
Merit: 6
The revolutionary trading ecosystem
200% in anight? I will sell a part of it. At least I will get back my first investment safe and I will let the profit to flow. That will become a nothing to lose investment which is the best situation to get.

You are right, 200% increased in value is a big opportunity to get much profit as well as getting back first our investment cap safely. We should always think wisely in terms of profit because bitcoin is very volatile and unpredictable in condition. In this way you'll be gaining already and nothing to worry when the situation get lost and deteriorated.  
member
Activity: 153
Merit: 14
SOLARIS COIN
well it depends on how long are your targets for that coin if you are short term trader it means a lot so close your trade and wait for the next dip to enter a new trade, or invest it in a different channel like stocks but don't forget to have it planned before buying other crypto or stocks. When you are a long term trader this is a good sign for you because your coin is performing well and you might profit big when you close your trades far from now.
full member
Activity: 686
Merit: 131
If it is from 20% to 60% than just sit back and be happy.

If it has pumped more than 60%, then definitely sell.
Any asset that rises that fast in value is unsustainable, this not just in crypto but in other investments as well.

There could be a lot of reasons for the pump: an announcement, a milestone was hit, a group is pumping it, whales are manipulating the price.
But whatever the case it definitely won't be able to sustain that for much longer, not even another day.

So, just sell it all for btc, than wait a couple days to a week when the price comes down, and rebuy the same coin.
You can easily double the amount of that coin you have in a couple days.

That is what hodling is all about.
Yes, you will get profits by just buying and keeping it.
But your overall goal should be to get even more of a particular coin you believe in.
You can do this by doing the sell high buy low method, taking out a percentage of your income each month to buy the coin, make strategic day trades, etc.
jr. member
Activity: 151
Merit: 1
If i got a fast 100% - 200% gain in a night,i would secure my initial investment so that i wont be risking any amount,the other half will be hold if the coin is really worthy to hold if not i am going to take all of my profits ,
because if this golden opportunity is missed then another opportunity may take time or it may increase to this level again,so when such situation occur its best to sell and wait for a time when its value is low and buy again.
full member
Activity: 336
Merit: 100
I'd take about 60% profit and leave the rest in.
newbie
Activity: 180
Merit: 0
If my investments increased by 200% over night i'd smile then wait for it to increase further.

Im looking for my investments to reach around £250,000 then i'll be happy!

Yes i said reach around  Grin
newbie
Activity: 182
Merit: 0
Oh my gosh! !!!  That is my reaction first 😅  then fastest sell it' i am be coming a rich girl  😍  did you think ? From  40% to 200% WOW!!  i think many holding token they sell too because  its a big value.. we don't  know if the 200% is going down after up.
member
Activity: 182
Merit: 18
One time, my GRS went up by 400% but I was actually asleep so I didn’t act on it. But I would have sold it if I had the chance because it dumped back down and I could only sell it for 100% increase. It is of course good to have 100% gain but 400% is much better so I wish I sold at that price. Sometimes you see a good project having strong recovery like ICX and EOS. However, they are pretty rare.
newbie
Activity: 238
Merit: 0
200% in anight? I will sell a part of it. At least I will get back my first investment safe and I will let the profit to flow. That will become a nothing to lose investment which is the best situation to get.
member
Activity: 280
Merit: 10
You know, first of all, it depends on the coin, market situation, news and the project itself. There could be even more rise if everything is good, all you need to do is to just analyze and know that if there is small loss, it might just be the correction of the value.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
we have this experience in the last year in July 2017 because every coin in the market getting increase and for me, it is the best time to sell my coin and take my profit. we don't have any chance to see the increase is about more than 40%-200% in short time so it is better to sell in that time so we can wait for the price to back down again and we can buy another amount. but I don't sell all of my coins and I will hold a small part of each coin so I can sell it only if the price can increase higher again.
member
Activity: 280
Merit: 10
I don't think this is a good idea. After all, short-term big gains are hard to meet. I likeIt is many times faster than Ethereum, Just like CyberMiles ,and its own network is about to test, indicating that the project is basically completed and will be promoted after the test is completed. to lay out high-quality projects. It will sooner or later.
copper member
Activity: 238
Merit: 0
Bounty Management? https://t.me/Luminos17
if I better be sold, because we never know the condition of the market. after that we check the market movement to buy some more coin and hold up to reach the target we want.
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