If your coin increased 40% - 200% in value over night. What would you do? - page 56.

lionheart89

full member

Activity: 350

Merit: 108

Quote from: VenturaBro on March 24, 2018, 08:25:43 AM

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?

our goal of investment or trading is to make a profit. everyone has a profit target, but should be sold if it has achieved that much profit because of the increase in coin prices there are limits.

7Sage

newbie

Activity: 154

Merit: 0

dpends on what do you see on the coins you hold example like Neo I bought it under 3$ and i see a potential 100$ - 200$ so will just sell when it reach that target

Minor Miner

legendary

Activity: 2478

Merit: 1020

Be A Digital Miner

When I buy some coin I clearly understand how many percent of the profit I want from it. I sell the coin after it reaches the price that I expect, when the trend line is broken. I will not be spellbound to watch its growth and hope that the price will go even higher. I'm not greedy)

gobilam

newbie

Activity: 9

Merit: 0

The market has high volatility that is why if i were you i would secure that profits or else it could be losses few hours from that gains,that is why we need to take it seriously whenever these gains has occured never let any chances to passed,take profits when you are satisfied because it could be losses all of the sudden.

kosangmalagkit

newbie

Activity: 7

Merit: 0

Secure of course if the coin doesnt have any good news or potentials because normally it is just a pump and dump coin that is why it is getting pumped by that big,so you need to secure your profits fast because anytime these people can dump its price after they have took their profits and it is suggested to always take profits whenever you have the chance or you could lose that opportunity.

Jackulero

newbie

Activity: 29

Merit: 0

Pronbably the best thing to do is to secure your investment which is 100% of your gains so that if anything happen to the coin you wont be affected because you will not lose anything! be vigillant because these pump and dumps groups are going to suck up your money in just few hours or minutes if a certain coin has pumped and theres no existing fundamentals so you need to take your profits fast.

hoangvuhk3110

newbie

Activity: 350

Merit: 0

SELL it and "happy" with girlfriend (if you have :3)

Wilsonong222

jr. member

Activity: 130

Merit: 5

Quote from: VenturaBro on March 24, 2018, 08:25:43 AM

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?

It doesn’t matter how much percentage you have already gain. Based on my personal trading plan; percentage of increase is just one criterion for selling your trade. I usually set 20% gain then I exit already. But if other indicator tells me that the trade will still go up then 20% ceiling will be override.

qiwoman2

legendary

Activity: 2114

Merit: 1023

Oikos.cash | Decentralized Finance on Tron

If that ever happened again to me, I would not hold all the bag anymore and I would sell at least 50% of it because if it goes up that much, then I know it will come down again. My biggest mistake ever is that I never sold any of my coins at their ALL TIME HIGHS and now I am paying the price for a crappy priced down portfolio that soon at this rate will be worth nothing if the market continues to down trend. I am feeling really low right now and feel like dumping everything right now to buy back even lower lol. Grin

udayantha11

member

Activity: 798

Merit: 17

2023 would most likely be as bearish as 2022

always keep holding thats the best way. as per my example i keep holing eth in January it rose up to 15000$. personally i do not recommended the Day trading. if most experienced persons also lost.

as per your questions if it increased up to 200% , i sold it and encash then keep in the Bank book

Kiweikoo

hero member

Activity: 1036

Merit: 500

Quote from: LSt56 on March 24, 2018, 08:44:40 AM

I have an opinion that is contrary to your opinion, in my opinion at this time is a time to hold because the market situation is unstable and decreasing sustainability. so to do trading we have to wait until the market returns to recover.

Well, no one here is taking about the crashing of the market and its volatility. I agree that one must HOLD his/her coins when the market is bearish and is experiencing crash, but that’s not the topic here if you read carefully.

He is asking about holding during the pumps which is surely unnecessary and you must dump the coins and take profit when you have the chance and then re-buy when the market gets into correction.

inillo

member

Activity: 254

Merit: 18

As thing are today, and increase of 50% would for sure make me sell at least the less strategic assets that I hodl. It is too much risk at this point and not that much left to gain.

Charlz124

newbie

Activity: 125

Merit: 0

If such a miracle happens, sell and celebrate this event! I do not think that this price will last long and will grow! The next night, she may as rapidly fall.

onyebuchi81

full member

Activity: 308

Merit: 100

Quote from: VenturaBro on March 24, 2018, 08:25:43 AM

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?

Simple : sell everything because it's definitely a pump and dump scheme

svojoe

legendary

Activity: 968

Merit: 1000

einc.io

Quote from: VenturaBro on March 24, 2018, 08:25:43 AM

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 always use TA to make such kind of decisions. Moreover you must set goals before you make an investment and be patient to achieve it Wink

stefany101

full member

Activity: 616

Merit: 103

A Blockchain Mobile Operator With Token Rewards

If my coin increased 40% - 200% in value over night. What would i do? I will not panic to sell my altcoins automatically, i will still observe if it is going to increase much higher than that and if not i will set it instantly. Most crypto traders are usually sell their altcoins if the price goes up tp 100% but mine is different. I have my own technique or way in trading cryptocurrencies.

Andruha1993

jr. member

Activity: 1008

Merit: 1

Quote from: VenturaBro on March 24, 2018, 08:25:43 AM

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 this coin had grown by as many percent, I would have sold it. Because I see no reason to keep it on, at any moment it may again fall in price.

Gontxi

sr. member

Activity: 966

Merit: 250

Quote from: VenturaBro on March 24, 2018, 08:25:43 AM

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?

not as simple as you say, in fact what you say is a delusion or a wish. yes, you should see the market stay red, so I think you should prepare your mentally and knowledge.

KEPLER99

full member

Activity: 448

Merit: 101

Quote from: manlyxman on March 24, 2018, 08:34:07 AM

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.

True. Usually after such pumps, there is always a correction in the coin. So it’s better to sell when the others are buying and then later buy again when others are selling and the market is crashing. By doing so, you can increase your number of holdings and gain significant profit in the future when you convert it to fiat currency. No one knows exact entry point and exact exit point, so just grab the opportunity and secure the profit when you can.

Jana Wood

member

Activity: 280

Merit: 10

Quote from: dbstmddhks on March 30, 2018, 10:33:56 AM

People invest in hot air, nothing more. This is especially noticeable when the project does not need coins for functioning, but these coins are sold during the ICO and their value is growing every day

with an increase of 30-50% already need to start selling these coins, lots. For 100% of the growth, I would have sold everything for today

Topic: If your coin increased 40% - 200% in value over night. What would you do? - page 56. (Read 36232 times)