Topic: What do you do when your coin spikes? - page 2. (Read 3359 times)
I will keep all the coins that I have until the end of 2020. I think that at the end of 2020 everything will go up again.
When i see my coins is going to spikes it all depends of my decision or strategy how much is my goal of earning profit before i am going to sell my coins, we should be more observant the flow of prices maybe after spikes it will go down.
As my personal experience shows, if the value of the coin jumps by 30%, then it has the potential for more growth, so I will closely monitor the rate of this coin. For example, recently we could see how the value of the BTMX token is growing, many people sold coins when their value increased by 80%, to date, their price has already increased by almost 200%.
of course sell it, but indeed already done a count and it is your target to make a sale because we know that at this time orango people are waiting for an increase from the market
The first thing I do is take n profit because after each spike comes either dump or correction stage. If I still want to be in such project I use my profits to take some new positions. It's always better doing so.
That's wise, at least if the price will go down, you will not loss anymore since you already have taken your profit.It's being wise and not being greedy, we need every investor to do that, because as what we observed, because of greed a lot of investors regret not selling during the last bull run.
The first thing I do is take n profit because after each spike comes either dump or correction stage. If I still want to be in such project I use my profits to take some new positions. It's always better doing so.
When my coin value spiking in the market, usually i will try to find what is the reason before i decide to sell it.
If it just because temporary pump, i won't even bother it. But if it is because the development of the team, i will keep monitoring,
or maybe i can decide to buy more.
If it just because temporary pump, i won't even bother it. But if it is because the development of the team, i will keep monitoring,
or maybe i can decide to buy more.
In investing, it is very important to have an investment goal. Determine the level of income you want and place sell orders. This way you don't have to constantly monitor the market.
someone who holds it must have a price target and if you feel you are lucky then sell it because the purpose of holding is to make a profit, but it all depends on each. but if that happens to me then I will sell it with a smile and think again when it's time to buy again.
Its should be, when you already reached your target due to the spike never to hesitate to take the opportunity, most of the time holders got trapped when they become greedy, set your goals and keep your mindset free from any doubts, spike that can bring profits must not let go, there's a lots of things thatneeded to learn from this industry, always be ready and willing to adopt.
as for now, if i got my coins jumped to 30% i will sell it immediately.
Especially if there actually no significant news on those coins, since it might be only a Pump and Dump Scene
Especially if there actually no significant news on those coins, since it might be only a Pump and Dump Scene
just according to if only a 30% surge is not too big and I will keep holding until I get more profit because after a 30% surge the coin will experience a higher surge maybe up to 300%
I faced with the same problem always where many time I buy wrong coins because have lower price, I keep holding and never sell at lower price because I have optimist price will back again to higher price.
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 my coin because the profit on that time is more realistic.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?
and we don't know that next year there will be an increase or decrease so profit at that time is a good choice.
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?
That will depend on my portfolio for me to make my adjustment. For example if i invest a big amount in it i will tend to scale down 10-20% to go into another coin or back to my portfolio.
someone who holds it must have a price target and if you feel you are lucky then sell it because the purpose of holding is to make a profit, but it all depends on each. but if that happens to me then I will sell it with a smile and think again when it's time to buy again.
The spiking depends on if the coin spikes above the amount of capital I used to invest in the project. If it spikes to give me reasonable profit, then I have no reason further to hold.
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?
All depends on the target and scheme of each individual coin holder, if the achievement of a price increase of 30% and that is a target of the coin holder, then most likely the coin holder will sell their coins. For me personally if there is an increase in price then I will sell approximately half of my coins and I will buy it again if the price drops again someday. 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'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?
according to the target that I set before, I never targeted my sales to be too high because it was quite risky if I could not reach it. a merchant do not have too much lust to get a lot of profits, a bit of origin continuously. 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'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?
when the price of coin increases. yes of course what I do is immediately sell the coins that I have. because the price increase will not always last. so for me when the price increases, I will use it directly
Everyone has their own choice to determine a good price increase for them but if you are satisfied with the increase in the price of the coin 10% then that is your choice in the future.
Under this bearish market which makes a gain of 30% difficult and you are lucky to hold a coin that yields 30% increase? Take your profit and wait for the coin to come down again for you to buy and hold after taking your profit.
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