Topic: If your coin increased 40% - 200% in value over night. What would you do? - page 59. (Read 36232 times)
March 27, 2018, 02:37:27 PM
Of course I would sell 70%, thereby would get profit and would buy coins with high potential again. I wouldnt begin to sell 30%, I think it can bring big money in the future
March 27, 2018, 12:09:40 PM
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 depends of the coin. if you really belive in that coin, sell half of it and wait before correction. then buy more same coin. If you khow other good coins which are waiting for good news, then just sell all amount and buy new coin. Thoughts? What would you do?
March 27, 2018, 12:02:17 PM
If my coin increase between 40% to 200%, I will firstly wait to see if the price range is the true market value of such coin and if the market value is far away from the present value, I will hold my coin and wait for proper pricing.
March 27, 2018, 11:58:18 AM
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.
March 27, 2018, 11:33:54 AM
It all depends on your life situation, if you are not in a hurry and have additional earnings, then probably you should not sell anything, but if you have a different situation, then of course you can sell. You can do otherwise, just sell and buy again at a cheap price.
March 27, 2018, 11:30:13 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?
Thoughts? What would you do?
if my coin price goes up at night then I will sell it if I need money, but if I do not need money then I will hold it until it is more expensive. at this time all the crypto currency prices have decreased very apprehensive. bitcoin and ETH prices are very cheap at this time therefore I am less eager to sell the coins I have because I am afraid of loss.
March 27, 2018, 10:52:17 AM
Most probably I will sell it because sometime aggressively rising coins drops hard too. I agree long-term trading would be a good choice. If it's a bounty coin. I would hold if it is airdrop coin then I will definitely sell it because it can be a fake pump too. Good coins rise gradually. Ultimately it depends on coins. Daily market rise and drop several times it gives chance most of the time.
March 27, 2018, 10:41:09 AM
since people generally "sell the news", any sort of news leading to a pump would quickly dump and then a more natural growth would follow, as everyone who's selling the news assumes everyone else is selling the news, it becomes a self fulfilling prophecy! sell at the top and buy back lower, absolutely worst case you've missed a further pump but you still got 40-200% gain on your investment.
March 27, 2018, 10:32:56 AM
Well if a coin that i hold current raises it's price to 200 percent , i will sell it why because any moment the 200 percent increase will likely to change you will never knew will the price go up or go down especially on altcoins we can't predict what market will perform in next few days so, for me i will sell it before it's too late holding it will be not advisable.
March 27, 2018, 10:26:37 AM
For me, I will first to sell my coins. The reason is that there are small number of coins has this performance. And I think it will fall to a lower price, I can buy them back if I think this coin is promising.
March 27, 2018, 10:22:00 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?
Thoughts? What would you do?
My actions in the situation of rising coins depends of what coin is growing. I will try to sell the coin which grew and buy the coin which is cheap still. But there are a lot of nuances.
The main thing - to wain 2 and more years. And will be 1000%!
March 26, 2018, 12:32:33 PM
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.
With that kind of statistics, I would take full advantage of it. I would be heavily be tempted to sell all of it, but with recent
experiences guiding me, I would keep and hold some of that coins. Half of the coins I would definitely sell, it's already good
profit and there's really no need to get greedy. It's a good strategy, but with a 200% value increase, I'm better off keeping
25% of the coins. Numbers like that will make people panic and overreact, they tend to get a bit more greedy, biting more
they can chew. This always leads to some disappointment later since price spikes are not only unpredictable but are also
unpredictably unstable.
March 26, 2018, 12:11:50 PM
Of I am long term investor , then I will hold ,if I am a trader then will sell at higher price and book profit , hence it depends whether you are long term investor or a trader.
March 26, 2018, 12:08:51 PM
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 depend on overview of market in that time. If market is in bulling mode, you can wait, use news to decision when sold, but if market like this time, you need sell immediately because it very unstable Thoughts? What would you do?
March 26, 2018, 12:05:27 PM
If the coin or token I'm holding reached 40-200% I would first sell small portion usually amounting to what I have invested. I bought ETN coins at ICO for $0.01 and sold half of it at $0.12 and now that it's on $0.03 I bought the same number of tokens when I sold it before. I already got my capital back and the small profit for short selling and now the coins I'm holding is up for a long term. Same trick I did in CS tokens. I bought at ICO at $0.2 and sold half of it at $0.9 and I bought again the same number of the token when it sits at $0.4 last week and the rest of tokens will be up for long run. I got lucky on this two and also Universa, but my UTN is reserved at main net launch, I wasn't able to sell UTN tokens because only those UTNP can be traded right now. Forgot to mention, I am still at loss for most of the coins or tokens I bought from ICO. DEB and WPR below ICO price.
March 26, 2018, 11:57:08 AM
No matter how good the fundamentals of the coin are, if a coin goes more than 100% within 24 hours I absolutely sell them. A classic case of this has been Storm coin, it has already dipped about 50% from its ath after it went crazy just a couple of days ago.
That is if you got in at the ATH itself which is tough to do, only a handful of people can get. But I do agree with the sentiment you put forth, I adore Storm and had some but I sold most of mine. Kept a little incase of moon, but will buy back rest in a couple days or so. March 26, 2018, 11:56:49 AM
Sell your seventy percent bitcoin then hold the twenty five remaining, since you don't know if it will surpass its limit like reaching 300% and above,...
Have plan also because you don't know one day it might just happen.
Have plan also because you don't know one day it might just happen.
March 26, 2018, 11:52:31 AM
I will sell my coin then buy more at a lower price. It is better to have some profits than you lose in the long run too much greed won't give any good because the market is volatile and you shouldn't be waiting for more gain.
March 26, 2018, 11:34:12 AM
I had this situation, and I could not do anything, because the coin grew quickly and fell just as quickly.
March 26, 2018, 11:08:25 AM
No matter how good the fundamentals of the coin are, if a coin goes more than 100% within 24 hours I absolutely sell them. A classic case of this has been Storm coin, it has already dipped about 50% from its ath after it went crazy just a couple of days ago.
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