Topic: What do you do when your coin spikes? - page 25. (Read 3360 times)
every rise and decline of the great certainly have the reason. the reason could know with certainly could make a decision what to do. If those reasons certainly hold good is a good choice because it is certainly worth mash can ride over it. But if it doesn't sell just as still high and wait for the next opportunity to buy more when the price is down.
I will wait until more higher price. But I am more interested in long-term investing or investing in ICO in the short term. Actually I more like invest in ICO which can earn profit more bigger in short time. And after i get some money from ICO I will change to ETH and hold for long time or search another good ICO.
When coin spikes I usually sell then buy back at lower rate. Also depends on your strategy to sell or hold until the price meet your expectations. Since all of us don't know when is the next target to pump the price the best also is to take profit then invest on other profitable coins.
If you already have wide idea about the coins that you are already holding, then you will get some idea what to plan for your next moves, strategy for much better earnings is really in need from this type of investment, if you are satisfied with the flow of your earnings then better to keep the same plan, being positive and always look for opportunities is the best way to earn.
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?
It depend on individual strategy and the percentage of increase. For me what I look for is the first 3X increase in my portfolio so as for me to lock in my investment in the ICO by selling one-third of my holdings, then how the rest to run to 5x, 10X. This is very significant for me, because not all my investment will hit this height so I need to be patient to compansate for loss in other. 30% is very low in crypto when we are talking of MOON
And what are your goals?
If you buy coins with a growth potential of 1000%, then I do not see a reason to play for growth at 30%.
But if you earn as a trader, you need to sell when the coin has grown.
If you buy coins with a growth potential of 1000%, then I do not see a reason to play for growth at 30%.
But if you earn as a trader, you need to sell when the coin has grown.
Of course I will take the opportunity to sell at the highest point during the spike. Then I will buy back when the price goes back down. That's more or less the trading techniques that I use for this. This should be done in a sharp way.
That is a good question in holding cryptos. The rate of cryptos you are holding suddenly increases rapidly, over 30% you should calm down and analyze the market situation at that time to find out why the cryptos that so fast. If you follow the general trend of the market then you should continue to hold up suddenly, I think you should sell cryptos to make a profit then reinvest.
I think the best solution is to sell around 30% of them at the spike and hence keep the profit. Rest is kept for hodlng, as, if the coin is good, we can expect it to end at a much higher level then it is at the moment... You can choose to buy at the dip, but always try to keep at least a few percents of the profit aside.
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 will sell my coins when the price of altcoin suddenly rises 30% from the previous and it is very beneficial because it can fix the loss in the last month and with the profit, we can make it buy and invest in it if altcoin price dropped suddenly
I always look at the price and multiply it by 10x for 1 year, 100x for 2 years and 1000x for 3 years.. My game plan is to have 1 billion in 3 years.. And every time my coin spikes, I think I am getting closer to a 1 billion dollar dream ...
It depends to the market situation. If the whole market gain 30% rise, I will sell but if only my coin gains 30% profit, I will still hold until it drops back to 10% gain and that is a sign of pump and dump.
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?
depends if I am hodling it for long term then I will still hodl it. If I want to sell it then 30% spike is more than enough. 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 my coins reach the peak, I will sell it immediately, but unfortunately we do not know when it will reach the peak. So in order to get more profits, we can only keep it as often as possible.
If I know that the cryptocurrency I hold is at the peak of the price, I will not hesitate to sell all my cryptocurrencies, and I can spend less money to buy them when they are at a low price.
As a result of the research and I am acting according to the sensations of the surroundings. I take it out of the way if it shows that it will make me happier by taking the medallion that shows the new formation. Is it the same or different again? 
I usually keep my initial strategy, i usually respect my goals for that currency, so when i put a goal of 30% profit i respect this goal until the end. In short, we must respect our goals and not be greedy, so when we need them we will have the patience necessary for any action.
Depends on the spike, it might be pump and dump if so I would sell at least half of my coins to buy when it decreases again, it also depends on your goal, I would usually sell at least 10% of the coin.
As you say if my coin spike about 30% or more i will sell it then i will wait until the price down and then i buy it again. Simple we can get make short profit from that, But better you do your own research before sell or buy. Good luck!
I started selling partially of my coins, because sometimes 20 or 30% is just the start of any coin
selling all coins at once is not a wise decision.
selling all coins at once is not a wise decision.
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