What do you do when your altoin pumps hard ?

Do you keep HODLing ?

Do you close and find another altcoin ?

what's your strategy ??

I will sell the alt coin and wait for dump to buy again. Unless it is those altcoins I want to keep for longer term

I will be ready to buy some potential atl coin when the price is much lower then I expected, I would like to be a long term investor. BTW, I do not think it will pump hard in the next some days.

Quote from: jdlr on August 19, 2017, 08:00:25 AM

Do you keep HODLing ?

Do you close and find another altcoin ?

what's your strategy ??

actualy if i see my hold coin pump 4x or more i will never think twice i sell it all directly and i will wait for correction i know it will dump then i will buy again.

Quote from: Hassan02 on August 19, 2017, 08:30:50 AM

Quote from: jdlr on August 19, 2017, 08:00:25 AM

Do you keep HODLing ?

Do you close and find another altcoin ?

what's your strategy ??

actualy if i see my hold coin pump 4x or more i will never think twice i sell it all directly and i will wait for correction i know it will dump then i will buy again.

Sometimes I set a stoploss if possible

Quote from: jdlr on August 19, 2017, 08:00:25 AM

Do you keep HODLing ?

Do you close and find another altcoin ?

what's your strategy ??

I often set a price for my coins, when it reach my price, I will sell them all , then to find another coin.
But for long term invest, I buy them back and hold for years, never care its price.

Quote from: jdlr on August 19, 2017, 08:00:25 AM

Do you keep HODLing ?

Do you close and find another altcoin ?

what's your strategy ??

I sell part of the investment to get back the original investment amount and purchase another coin with that investment. The profits made would still be in the pumped coin and I will gradually sell it based on the price movement. This way I am only playing with the profit money and am not risking the original capital.

It depends on what coin it is, if you see a reawon for the pump, i.e it's a good coin, good development team, has potential to grow even more, then you either sell a part or none at all. If its a shitcoin that you don't even know why the prices are up then you sell it all

If it is merely speculation I dump and don't look back anymore. If it is already good project I sell to rebuy lately or just wait for for even better prices.

It's always hard to decide when to sell, you never know is the price reached the top, or if it's going 10x higher. I usually don't do any short-term trading like this, it's stressfull Cheesy

Quote from: TimeHacker on August 19, 2017, 09:20:43 AM

It's always hard to decide when to sell, you never know is the price reached the top, or if it's going 10x higher. I usually don't do any short-term trading like this, it's stressfull Cheesy

That is right, but the OP means that the price dumps hard, I think even some long term investors will choose to sell some coins and buy them back at a lower price.

Quote from: jdlr on August 19, 2017, 08:00:25 AM

Do you keep HODLing ?

Do you close and find another altcoin ?

what's your strategy ??

Sell for a nice profit,move to another project.That's my strategy,time waits for no man, time is money.

During my observation not all altcoin pump hard, just some alt only.
If altcoin pump hard I do not dare to buy, because the risk of losing is very big. I'd better wait and look for other altcoin.

I would consider buying the altcoin to be pumped and would sell if the altcoin showed a downward trend, which would make me feel safer because the altcoin usually did not pump well in the short term.

you are asking this probably because you have not made up your mind yet!
the first step is to decide what you want to do and why you are doing it.

most of us here are only buying altcoins to get the profit we are looking for. in other words to make more bitcoin. and because of that we dump the coins as soon as they get pumped hard and move on to the next altcoin to join in their pump and make profit and do the same.

at the end of the day it is only bitcoin that remains strong and goes up again. so it is best to have more of it before it is too late and BTC is worth $100K or something.

Depends on what's our goal on that particular altcoin. Me, i categorize my altcoin in three different categories.

1.) Shorterm trade altcoins
2.) Mid term trade altcoins
3.) Long term trade altcoins.

I list some altcoins and analyze to study them. Then i list them to what category they suits.
Usually i go for longterm trade because it's less risky. For short term and mid term trades. I usually get signals from the group i joined recently. It's hard predict which altcoin will pump. So i study and research also what altcoins might pump this week or sooner. I dump them quickly as soon as the coin drops. That's the bad thing about short term. You must learn the timing when to buy and to sell to maximize the profit. Sometimes i miss calculate and i loss huge amount.

For me it depends. There are some altcoins I hodl for longterm, these I have offline and some are on exchange for trading.
I think this double-strategy is the only way, because I do not think all the altcoins are pump and dumps.
I think some of them are here to stay.

It depends on coin & token. If a coin has a good team and a lot of coming development in his roadmap, I prefer to hold it, if it is somewhat suspicious coin, I sell some or all of it.

Quote from: jdlr on August 19, 2017, 08:00:25 AM

Do you keep HODLing ?

Do you close and find another altcoin ?

what's your strategy ??

Just sell my coin and in this day i've made over %100 from zrx token, i meant 0xproject token, and i can buy it now with the cheap price. because you are not know about what will be happening in the future. Just sell your token and take your profit and you can put it in bottom again.

If there is a price increase, of course I will sell it to get some profit and buy back when the price is down, should not use all your money to buy a coin buy in stages to anticipate the drastic price reduction