Topic: What do you do when your coin spikes? - page 18. (Read 3329 times)
I place a stop loss of 10%, in any case, the profit will already be, but I do not want to sell too early. Therefore, I simply move the stop-loss as the price increases
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?
Usually if a coin start to spiking, it means there are something happening. Either they have a good news about their project, or they have a big partnership. I usually just wait and not selling my coin yet because it possibly rise more. Once the price drop a bit, that is the time to sell.
it's better to be careful in selling coins that we have, we see first the development of the project first, how to travel the roadmap ... we can see it from the website or whitepaper and telegram
If my coin spikes, I sell at least 60% then buy the dip with this amount , leave me ina good position as if it goes the other way I am not too bad off
I also sell 60% if my coin increases because this market is really risky and we can not predict anything. Personally, I have made a lot of good profits recently, but when Bitcoin drops, everything I make is gone and I am very disappointed with the current market. 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. In the Crypto market, I never want to hold on to long. Because this market is always manipulated and the future is very dark. We can not wait for something with uncertain future that can bring great profit for tomorrow. 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?
In crypto anything that goes up must surely come down, for me if the project is very promising I will sell 50% of my holding and wait for possible pull back to reach enter.
In today's market, short-term trading is easier to achieve greater returns, because the market fluctuates back and forth, prices fluctuate more frequently.
In crypto anything that goes up must surely come down, for me if the project is very promising I will sell 50% of my holding and wait for possible pull back to reach enter.
I more often than not plan to put resources into cryptos and set target cost. At the point when the conversion scale of any cryptos achieves the normal swapping scale, at that point I will offer at that point investigate the market circumstance to settle on the following choice. In the event that the crypto is potential, at that point I will hold, yet I figure I should simply hold with ETH and BTC as it were.
Seriously, you mean people may not know what to do when their coin spikes in price? I think I can relate to people been lost at decision making. I have been in a situation myself where my coin had a lots of value in fiat terms and I refuse to sell based on my ideology!
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?
Exactly, that's the strategy. Sell at the peak of the spike and sell when there is a dip in price. That's the new trend since December 2017. Crypto-coins are fond of forming new trends, and we just have to be observant and strategic enough to know how to deal with it. You could still be buying when crypto is at low price and be selling when crypto is at High Price and on the long run have some coins in reserve for the purpose of Long Term Holding.
I as a rule intend to put resources into cryptos and set target cost. At the point when the swapping scale of any cryptos achieves the normal conversion scale, at that point I will offer at that point dissect the market circumstance to settle on the following choice. On the off chance that the crypto is potential, at that point I will hold, yet I figure I should simply hold with ETH and BTC as it were.
It is constantly alright with each and every benefit I get. Benefit either huge or little is still benefit. There are times one may believe that a coin will keep on rising, yet after nearly couple of minutes, the following thing you see is it's fall. Along these lines, I offer regardless of how little the benefit is and purchase back on the off chance that it plunges.
If my coin spikes, I sell at least 60% then buy the dip with this amount , leave me ina good position as if it goes the other way I am not too bad off
I sell the Altcoins when the price increases and buy another Altcoin. I expect the prices to increase in order to do this. If we want to make money, there is nothing else to do.
Its depend on you that are u ready to sell your coin when its spikes or you make a target for your self and wait for that target .its total depend of you because you reliable for your profit & losses normally i watch ever spikes but i sell my coin in my target.
It is all depend on our requirement. If my holding coins jumps 30%, then from total quantity, i will sell half of them and take back my investment with some profit because i hold them for my future goals. But if they achieve my target price and from them i fulfill my dreams goals, then i sell all of them.
And if they again down, then definitely i will again buy back these coins from of my half profit and hold them till they will bounce back.
And if they again down, then definitely i will again buy back these coins from of my half profit and hold them till they will bounce back.
It depends on how high the spike is. If the price already reach the target then I sell my coins if not then hold. I only go for long term if the coin has a good roadmap but if not I usually go for buy low sell high.
If the coin I'm holding spikes more than 50% of its price in a day normally I sell maximum half of it and hold the rest.
Such a good new when you coin shoots, When it does I sell half of it, I hate dumping all coins without holding an amount on me. But I think if you don't need money for anything at that moment, you will continue to hold. Better still you can sell and go purchase other altcoins you believe in.
What kind of spike are we talking about? I mostly sell low cap low volume coin on 2x on my initial buy in price, and get away with it most of the time.
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