What do you do when your coin spikes? - page 13.

KobbyC

newbie

Activity: 361

Merit: 0

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?

This is really a great moment in the life of every holder. When this happens to me I will never sell all tokens, because it can shot up the more. The right thing I suggest for friends is that, when this happens, and you are in need of money, then sell 50%.

mbangsar04

newbie

Activity: 126

Merit: 0

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?

for me personally, if you already get a profit of 30% then it's better to sell it. sometimes people are too greedy, they will wait for the price to get higher but what happens is the price drops and they lose the moment.

restoklo

newbie

Activity: 119

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%.

jamids

sr. member

Activity: 616

Merit: 252

Quote from: DavidBolster on August 24, 2018, 08:52:00 AM

It depends on your investment plan. If you don't want to take more risk then you can sell them all. But I think holding some of your coin for future is a great deal as the price spiked 30% and it can rise even more.

Learning from my mistakes, I would definitely sell it all and then if the price goes up more, I would not mind it at all because I was able to get profit from it and if the price goes down, I may consider buying if I can see that there is more demand to it. I would not be greedy thinking that I would get some profit if I would left something because it is not guaranteed. It would be better off if I would be able to have some profit and invest it maybe in other things or coins worth investing in.

poldanmig

sr. member

Activity: 1372

Merit: 275

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?

maybe what you say in your opinion is a general strategy in making investments using cryptocurrencies at low prices and selling them at high prices, but it takes patience and confidence in these investments and is good at taking advantage of opportunities to make a profit

usantosluu425

newbie

Activity: 35

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I say: use them and rotated through various forms to increase their value. We can trade on exchanges to increase the number alcoin.

DavidBolster

newbie

Activity: 73

Merit: 0

It depends on your investment plan. If you don't want to take more risk then you can sell them all. But I think holding some of your coin for future is a great deal as the price spiked 30% and it can rise even more.

DmitriySar

full member

Activity: 392

Merit: 100

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.

Niklomn

newbie

Activity: 196

Merit: 0

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 the market has only begun to recover and the price of coins has increased, then it is worth waiting for a little more.

murinked

newbie

Activity: 154

Merit: 0

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 advise you to sell coins when the price has grown very quickly. Do not be greedy and expect that the price will grow even more.

mikkev01

jr. member

Activity: 140

Merit: 1

It depends on my strategy and targets.for me, I usually sell half of my coin if the price spikes about 30% and i will sell the rest at my target price.

liseff3

sr. member

Activity: 532

Merit: 255

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?

Before I decide what action I will take maybe I will do the analysis first, because in that way of course we will know where the price will move, if the direction of the price continues to move up maybe I will leave it waiting for the price to grow and we will get more returns in the future. However when the price moves down, most likely I will sell it and buy it again when the price has dropped.

Auto756

newbie

Activity: 196

Merit: 0

If you invest and hold a coin for a short term and the price has grown very quickly, then I advise you to sell the coins and then buy again when the price drops.

naval1983

jr. member

Activity: 84

Merit: 1

It depends on you. If you are a believe of long term investment, then you would want to hold it.

okeanis

newbie

Activity: 168

Merit: 0

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 I hold a coin for a short term and the price has risen by 30%, then most likely I will sell coins and will wait for the price to be low again.

Stormspirit

sr. member

Activity: 642

Merit: 250

When that happens the things I think about and I can do is sell it, I think it's not worth the investment and trade, then look for coins that are much better and in the future produce maximum profits.

carrie_white

full member

Activity: 784

Merit: 101

strategy I always sell when the price of tokens is high and I buy again when the price falls, this is not only I apply to the token bounty that I get, but also other assets like bitcoin and ethereum that I have

Bitcoincole

full member

Activity: 504

Merit: 102

Well, there is no other option in this case if successive price increases then you just have to wait until the coin pumps stop and make your be final and the you can sell drpends on the hype of your coin, better ways is to monitor the coins in a coinmarketcap to see the fluctuation period looking at the chart.

debianbro

newbie

Activity: 136

Merit: 0

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?

When the price of a coin grows 2 or more times, then I sell coins and profits invest in another perspective coin.

Xlady

copper member

Activity: 109

Merit: 0

Depends on your target I must say. 30% isn't really a big deal in Crypto but that might be someone's target.... If it's yours, then fine you can sell probably half like I do when I get to my target.

If you want to hold for long, you might as well just stop checking the percentage increase.

Topic: What do you do when your coin spikes? - page 13. (Read 3329 times)