What do you do when your coin spikes? - page 11.

Ariess

sr. member

Activity: 546

Merit: 250

Quote from: Mrmoo232 on May 14, 2018, 11:48:20 AM

I'm just looking for the opinions of others really, there's no right or wrong answer to this question.
What do you do when a coin you're holding suddenly jumps up by like 30% or whatever? do you try to sell at the peak of that spike and buy them back once it's gone back down again? or do you just keep on hodling?

depending on the conditions and situation. at least I will first study the same altcoins that I have and hold in a period of time. this will determine every speculative action I will take. especially at the current level of chaos. there are many choices and maybe a short trade will provide the best solution rather than just waiting for the miracle of growth.

Phophobobooo

newbie

Activity: 56

Merit: 0

I check buy or sell orders and volume then I decide whether to sell or not If I see more buyers than sellers I hold on my coins if sellers are more than buyers I sell off instantly when a coin spikes. But some coins are long-term coins that I love to hold on the other hand every coin is not good to buy again if the coin has good potential to rise back then there is no issue to buy again. Otherwise I use to buy back only well established coins in the market.

shad_ow90

member

Activity: 224

Merit: 10

dApps Development Automation Platform

Quote from: Mrmoo232 on May 14, 2018, 11:48:20 AM

I'm just looking for the opinions of others really, there's no right or wrong answer to this question.
What do you do when a coin you're holding suddenly jumps up by like 30% or whatever? do you try to sell at the peak of that spike and buy them back once it's gone back down again? or do you just keep on hodling?

If my coins raise to 30%, I will sell it immediately because I am sure that it will decrease back after that. Why we don't take advantage of this opportunity to increase the amount of coins that we are holding

montaza

newbie

Activity: 68

Merit: 0

More likely I would sell it, and buy back again when the price drops again or buy another altcoin with lower price and wait for it to increase. Holding your coins is the safest way to gain profit but it takes a long time.

NewBet

hero member

Activity: 966

Merit: 500

Sell the coins, because after a spike you can be sure that the next thing is going to be a dip, so sell at the high price when the coin spikes, wait a little bit for the coin to fall back down then you can buy back in again. That is what I do, even though there are price targets I set for my coins but I know there are times when you gotta take a little detour in the plan

Genosx

full member

Activity: 434

Merit: 100

When the coins in the market already rising up it is great because we can obtained a huge income from thos wherein lots of peope will benefit and will become successful.

Boklopu

newbie

Activity: 85

Merit: 0

Such a better than average new when you coin shoots, When it does I offer part of it, I disdain dumping all coins without holding an entirety on me. In any case, I think in case you needn't waste time with money for anything at that moment, you will continue holding. Better still you can offer and go purchase diverse altcoins you trust in.

Jiyens3

sr. member

Activity: 826

Merit: 250

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Quote from: titan20 on September 07, 2018, 11:12:53 AM

Quote from: Mrmoo232 on May 14, 2018, 11:48:20 AM

I'm just looking for the opinions of others really, there's no right or wrong answer to this question.
What do you do when a coin you're holding suddenly jumps up by like 30% or whatever? do you try to sell at the peak of that spike and buy them back once it's gone back down again? or do you just keep on hodling?

Hmmm, I think it depends on which exactly coin you speak about. But most likely my reaction would be to sell it. And maybe even then I will not buy it again.

I will invest the coins that I have. because investment is very capable of carrying coins so increase and generate more value is valuable and considerable benefit in the future. so the very investment recommendations to enhance development.

kobita333

member

Activity: 244

Merit: 10

Official Street Team member

As I'm a holder, I only wait for new ATH or close one. Altough I have missed a lot of chances of getting more profit. But I'm satisfied with what I gain.

wedar001

member

Activity: 184

Merit: 10

It is all rely upon our prerequisite. In the event that my holding coins bounces 30%, at that point from add up to amount, I will offer portion of them and reclaim my speculation with some benefit since I hold them for my future objectives. In any case, in the event that they accomplish my objective cost and from them I satisfy my fantasies objectives, at that point I offer every one of them. Furthermore, in the event that they again down, at that point certainly I will again purchase back these coins from of my half benefit and hold them till they will bob back.

flowers5

member

Activity: 192

Merit: 10

I used to be a 100% holder. This time however if one of my coins has a super spike and Bitcoin does not budge I 'm going to switch over if I think the market is going to turn over again. Holding does not seem to pay off during long bears. I think I'm going to trade the cycles a bit more and possibly utilize Tether.

xvacator

jr. member

Activity: 341

Merit: 4

Quote from: tonyja2017 on September 09, 2018, 09:53:30 PM

Quote from: Mrmoo232 on May 14, 2018, 11:48:20 AM

I'm just looking for the opinions of others really, there's no right or wrong answer to this question.
What do you do when a coin you're holding suddenly jumps up by like 30% or whatever? do you try to sell at the peak of that spike and buy them back once it's gone back down again? or do you just keep on hodling?

I will sell them immediately. Because this market is a pump and dump market. So we should take advantage of the pumping moments to make a profit for us. So you should not hesitate to sell them quickly, you will have a huge profit.

yes, this is what I will do. that is our time to sell it fast because we need to make a profit again. right now, we almost see the price will go up again and I think it will no need to take any longer and if the coin can increase at least 10% from the price before and I see that I can make a profit, I will sell by instant. I don't want to get stuck in the price again and all I want to get is only makes the profit again.

Britanshio

member

Activity: 226

Merit: 10

Quote from: kilimanjaro54 on August 14, 2018, 02:35:24 PM

I'm not a greedy person and so if the price of coins has significantly increased, then I sell the coins and wait for the price to fall again.

Yes, if we encountered bull run market I rather not to greedy selling my coin and my strategy is to hold for a couple of months or year until it will explodes again in higher prices, for now I rather to buy more cheaper coins.

tonyja2017

member

Activity: 532

Merit: 10

Quote from: Mrmoo232 on May 14, 2018, 11:48:20 AM

I'm just looking for the opinions of others really, there's no right or wrong answer to this question.
What do you do when a coin you're holding suddenly jumps up by like 30% or whatever? do you try to sell at the peak of that spike and buy them back once it's gone back down again? or do you just keep on hodling?

I will sell them immediately. Because this market is a pump and dump market. So we should take advantage of the pumping moments to make a profit for us. So you should not hesitate to sell them quickly, you will have a huge profit.

usantosdavis425

newbie

Activity: 35

Merit: 0

I will check the cause of this mutation and prepare the Blowdown method. By the rise of this price cannot be forever, at one time the price continuously decreases

kilimanjaro54

newbie

Activity: 196

Merit: 0

Quote from: DmitriySar on August 24, 2018, 08:43:14 AM

I do not sell coins that grow from time to time, because it is difficult for me to control each of them. I always wait for a long-term profit, holding coins.

I think so too. If you have invested in a promising coin and hold this coin for a long term, then do not sell coins when the price has increased by only 30-40%.

Bridgetnana

newbie

Activity: 30

Merit: 0

Sure I'll calculate and sell out to get profit. By this is the joyous of those investments. If prices continue to rise drastically, I'll wait for more and sell when the highest price

titan20

sr. member

Activity: 427

Merit: 250

Quote from: Mrmoo232 on May 14, 2018, 11:48:20 AM

I'm just looking for the opinions of others really, there's no right or wrong answer to this question.
What do you do when a coin you're holding suddenly jumps up by like 30% or whatever? do you try to sell at the peak of that spike and buy them back once it's gone back down again? or do you just keep on hodling?

Hmmm, I think it depends on which exactly coin you speak about. But most likely my reaction would be to sell it. And maybe even then I will not buy it again.

paul gatt

hero member

Activity: 896

Merit: 500

I will sell them when it up top. Then I will buy back the coins at a low level. This is a not simple. You must regularly monitor the prices of the coins, and choose the appropriate time to sell them.

baby222

hero member

Activity: 1008

Merit: 501

I have been in this situation and I have decided to hold. I have no regrets for not selling when the market was up. I am still holding

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