Viberate (VIB) up 90% Today - HODL or Sell?

[Dleavey81]

So I have quite a few VIB and it has risen by 90% overnight. I do like this project and think it could do well in the future. Just curious what you guys think. Should I sell or hold?

[Dleavey81]

105% now

[ArminH]

So I have quite a few VIB and it has risen by 90% overnight. I do like this project and think it could do well in the future. Just curious what you guys think. Should I sell or hold?

They currently have a special offer. Here's the official email:


Viberate
Get free VIB tokens by trading on OKEx

To celebrate the fact that the VIB token is now listed on OKEx, one of the top-five cryptocurrency exchanges worldwide, we’re giving away 200,000 VIB.

Make sure to grab your chance to earn some extra VIB by buying or trading them on OKEx. And hurry up, the campaign only lasts until January 30, 2018 (11 a.m., Hong Kong Time). After that, OKEx will announce the winners and award them the bonuses.


Here’s how you can join in and get your piece of the pie:

1. Buy&Earn
For every purchase of 100 VIB, an extra 5 VIB will be given as a bonus (the maximum bonus amount is limited to an extra 500 VIB per person). A total of 163,000 VIB will be distributed among traders on a first come, first served basis.

2. Be Top of the Top
A total of 37,000 VIB will be distributed among the top 10 traders by VIB trading volume in the following way:
1st: 10,000 VIB
2nd: 7,000 VIB
3rd–10th: 2,500 VIB each

Go on and strike while the iron's hot. Happy trading!

I guess price will keep rising until Tuesday!

[DaMut]

and because of that we gained 100% in term of price,
what should we do ?
if i were you,i will cut the profit and keep it or buy another cryptocurrency.
because it won't last long and the whales take this as a chance to maximize the profit.
when we are hearing about something,the price will be pumped a lot because of it and when we're reaching it the price will be dumped.
it's not the first time we're seeing it and it would be better for us to learn it from our history.
nothing good will come to you if you're following your greed.

but it is up to you,
you can decide it by yourself because it's your assets not mine.

[burdeN]

It definitely won't last long. Actually, you can do two things:
hold until tomorrow and sell, or sell it today. 30 January price will go down, those who didn't win will be selling it as well as those who won some extra VIB. This will increase sell wall and price will fall off very fast.

[Dleavey81]

Thanks everyone, I've sold half today (original investment) and will sell the rest tomorrow (profit)

[Crypdon]

This is a good investment, not worth selling as the promotional influence has yet to materialise. If the price is rising in a bear market imagine what will happen in a bull market! Prices will stablise and rise soon so it's not worth selling until after that time. Market cap is still low and it has few competitors, i think it will rise further.

[maxim4eg123]

please sell. because it is 100%. Do not be too greedy. will lose your mind. Prices will go down at some point. sell and do not see the price

[ArminH]

and because of that we gained 100% in term of price,
what should we do ?
if i were you,i will cut the profit and keep it or buy another cryptocurrency.
because it won't last long and the whales take this as a chance to maximize the profit.
when we are hearing about something,the price will be pumped a lot because of it and when we're reaching it the price will be dumped.
it's not the first time we're seeing it and it would be better for us to learn it from our history.
nothing good will come to you if you're following your greed.

but it is up to you,
you can decide it by yourself because it's your assets not mine.

I agree for most cases!
But VIB is a young project and still undervalued.
Most people go long and just hodl.
As we will see rates of more than 2$ this year, it's still cheap.
So even if it drops temporarily, which of course my happen, most people won't sell.

What will happen until Tuesday?
The 'Top of the top'  bonus will be distributed at the end of the bonus period, therefore we will see another pump just before this period ends.
Don't sell now because you see a small correction and panic....

[szesch]

Many people are stuck in the registraion process (like me).
Guess OKEx didn't expect such a huge number of requests.
Hopefully they handle this soon, which may cause another pump!

[novaprime]

So I have quite a few VIB and it has risen by 90% overnight. I do like this project and think it could do well in the future. Just curious what you guys think. Should I sell or hold?

You have 2 options . If you see a quick reduction, then sell a 50% to preserve the property, but if you choose long-term investment then you should keep and forget it for a long time. After 6 months you should see and I am sure you will have a lot of good profits

[Celebrity]

So I have quite a few VIB and it has risen by 90% overnight. I do like this project and think it could do well in the future. Just curious what you guys think. Should I sell or hold?

You have 2 options . If you see a quick reduction, then sell a 50% to preserve the property, but if you choose long-term investment then you should keep and forget it for a long time. After 6 months you should see and I am sure you will have a lot of good profits

Trade volume is interestingly high for such $90M market cap project. On binance, its daily volume is $121.237.000; on okex it's $77.287.700; on upbit it's $67.343.100 and these volume is high really.

I don't know if we missed an important news about the project.

[ArminH]

So I have quite a few VIB and it has risen by 90% overnight. I do like this project and think it could do well in the future. Just curious what you guys think. Should I sell or hold?

You have 2 options . If you see a quick reduction, then sell a 50% to preserve the property, but if you choose long-term investment then you should keep and forget it for a long time. After 6 months you should see and I am sure you will have a lot of good profits

Trade volume is interestingly high for such $90M market cap project. On binance, its daily volume is $121.237.000; on okex it's $77.287.700; on upbit it's $67.343.100 and these volume is high really.

I don't know if we missed an important news about the project.

Here's the reason for the high volume:
2. Be Top of the Top
A total of 37,000 VIB will be distributed among the top 10 traders by VIB trading volume in the following way:
1st: 10,000 VIB
2nd: 7,000 VIB
3rd–10th: 2,500 VIB each

If you are talking about some 'big news', there is none. But good news only cause short-term bubbles.
The main reasons for the increasing rate are that recent progress was really good, adoption works well and even the event sector is in range.