Topic: What do you do when your coin spikes? - page 12. (Read 3329 times)
I will sell my coins if it reaches 30% profit. Waiting for a coin to reach a profit above 50% is not the strategy I did. I am worried that prices will go down because crypto prices can change quickly in minutes. After selling it, I will buy more coins when the price drops.
You know everyone's got their strategy. When my coin spikes up, I really do not worry myself about it though. I usually feel good about it, but I know it is not time to sell them yet. I have a specific icrease range I'm looking at, and as at now, none of my coins have spiked that high, so the last thing that comes to mind is selling them.
If it is a significant increase in the price of x3 or more from the purchase price, I would fix a part of the profits of about 30-50% of the total amount, and leave the rest of the deposit to the next big moves. But as correctly noted in the message above, it all depends on the chosen strategy.
Depends on the strategy of everyone. It is preferable to sell the currency at the price you consider to be the best for that currency. If you think that's the price, you can sell.
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?
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'd sell 80% of my holdings immediately, then buy back again later.
The market always moves in waves, if you miss the pump or dip, just wait as it will occur again.
Adjust and readjust as necessary to the market is key.
I think it will better to sell the coin when it can increase higher so we can get our money and make a profit. maybe it is not too big but at least, we can make a profit so we can choose the other coins to make another profit. and if we can do this every day, I think we can make a big profit at the end of the month. but this will not work if somehow, the market is changing and the price is going down too fast and we can only hold the coin until the price can increase back.
I think the best solution is to sell about thirty percent of them on the spike and therefore maintain profits. Rest is stored for hodlng, because, if the coin is good, we can hope to end at a higher level then at this time. If there is a chance then I will buy more coins.
Depending on what makes the condition rises. When not too convincing then selling alone while you still can get a considerable profit. but when the increase was to have good reasons behind them then it is better to hold first to reach more of those values. quite a loss if it still happens the increase but was already selling the value the cheap.
Its depend if what kind of spikes is it is for good or bad sign because if the price is the one that im expecting well i really gonna grab the opportunity but if its not that i expect i think im still gonna hild my coin and wait for the perfect time.
Look at the total market situation, if market more in downtrend sell your coin.
For example i am sell yesterday all my DOGE for 90sat, today price going back because common market in downtrend
For example i am sell yesterday all my DOGE for 90sat, today price going back because common market in downtrend
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 I can see my any holding coin suddenly pump by 10% or 30% I like to sell my 50% coin at others 50% hold with stop loss. 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?
It is necessary to sell these coins and not to think about further profits. Because everything can go wrong. Even 10% of bitcoins is a good profit. Without hesitation, sell coins that you do not need.
This is a good news for proper investment decisions. But growth is so fast, it is possible to forecast the risk of coming closer. Consider and have decided to make a proper recession
I will sell it because the function of trading from Cryptocurrency is to take advantage.
If you have a 30% profit it is very big and enough to eat 1 month if your capital is 1 Bitcoin.
Totally agree, making a profit is the whole idea, so once I see that spike I am usually all in and will definitely monitor that coin if I have much interest in it to buy back once the price comes back down. Last year I made some good profits with Tron and Enjin just selling the highs and buying the dips. If you have a 30% profit it is very big and enough to eat 1 month if your capital is 1 Bitcoin.
For a trader it will be much benefit, buy and selling will be good, for holder, it will also be good decision. But as for me if coin am holding jump, will have to exchange it to either bitcoin or ethereum. Because these are two coin that dictate price increase for all other coins.
I always convert it into BTC or USDT whenever any of my coin spikes suddenly and trade them at subsequent intervals from such up and downs of prices of that particular coin.
I will sell it because the function of trading from Cryptocurrency is to take advantage.
If you have a 30% profit it is very big and enough to eat 1 month if your capital is 1 Bitcoin.
If you have a 30% profit it is very big and enough to eat 1 month if your capital is 1 Bitcoin.
I tend to add cryptocurrencies to my portfolio that are aimed for long term investments like bitcoin and ethereum, so when they spike I do practically nothing because I would sell them after a couple of years.
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?
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 have so many different small coins in my portfolios and I just do not have time to follow their growth or fall and, in fact, it is a very serious problem because I miss all the possible profits. Apparently, I should find some good app for iPhone that will signal me that one of my coins has started a strong growth. If anyone knows one - give me your recommendations! Thank you in advance!
By the time my coin has a sudden increase in value, maybe at that time, I would sell them all or find and invest in an ICO project that could give me more experience. Because of that, the value of cryptos only fluctuates in a short amount of time. If you do not take advantage of that opportunity, you may lose the opportunity.
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