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Author Topic: If your coin increased 40% - 200% in value over night. What would you do?  (Read 36205 times)
Gelith
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July 10, 2018, 10:00:27 AM
 #781

If i keep this coin as a long term investment, then i would do nothing. Because i am sure it can achieve much more and bring me greater profit.
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eugenefonts
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July 10, 2018, 10:03:18 AM
 #782

Well i learned from my lesson in my past one year to crypto there is no forever pumping coin in the market so if my coin increased in value 40-200% overnight ofcourse ill take the opportunity to sell! Dont be stupid that coin will not forever pumping because im so sure it will dump once it reach its highest peak and will have its correction. Buy when you think its his lowest price then immediately sell again because sometimes it will pump and dump tripple time. Then wait for three to four days before it will make calm then buy again that coin and wait for the another pump.
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July 10, 2018, 10:04:06 AM
 #783

You don't sell long-term holds. You sell short-term holds. Are you day trading? Or are you not day trading? You decide. If you are watching the charts daily, you are probably closer to a day trader than a HODLer.
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July 10, 2018, 10:14:13 AM
 #784

I think in these kinds of scenarios, it depends on the level of satisfaction of an individual. One may sell since they think that this is already good profit. Others do not sell because they think that the value will increase far more greater so they hold it a bit more longer.
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July 10, 2018, 10:20:51 AM
 #785

Do you continue hodling or sell? A lot of people say to hold no matter what happens and I'm not advocating daytrading but I think in a situation like this, it'd be advantageous to sell.

Thoughts? What would you do?

I will sell, sell immediately. We hold to wait for its price to rise. If it grow 200%, I don't have any reason to hold it. Many people expect it to increase by 500%, 1000%, ... But for me, 200% is too enough.

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July 10, 2018, 10:29:03 AM
 #786

Do you continue hodling or sell? A lot of people say to hold no matter what happens and I'm not advocating daytrading but I think in a situation like this, it'd be advantageous to sell.

Thoughts? What would you do?
Of course we should look at the general situation, because if all crypto is up trend, maybe it's just the beginning of a big jump. And it seems like most regrets come from the decision to sell too early.
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July 10, 2018, 04:01:54 PM
 #787

It's a very controversial question, like you start to worry that you will suddenly fall down and not have time to sell, but there is also the possibility that growth will go on.
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July 10, 2018, 04:34:17 PM
 #788

Do you continue hodling or sell? A lot of people say to hold no matter what happens and I'm not advocating daytrading but I think in a situation like this, it'd be advantageous to sell.

Thoughts? What would you do?
If the coin I hold grows by 200+% then I do not hesitate and sell it. Even if the price continues to rise - I'm not upset, because I still make a profit.
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July 11, 2018, 04:33:41 AM
 #789

If the coins that I have increased the value of 40% - 200%, I will sell my coins, then with my profit I will buy back the same coin with a cheaper price so I have additional assets again.
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July 11, 2018, 07:34:20 PM
 #790

i really don't think daytrading is a good idea and generally prefer hodling, but i would try to take advantage of the unexpected situation and just sell. you never know when the coin might drop again so better act quick when possible.

If my coin would increase 40% - 200% in value over one night then I will sell those coins inevitable. Part of the money I would invest in some other perspective coins. This is my way of doing to get an income with perspective for future.
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July 12, 2018, 05:02:03 AM
 #791

You can't see this kind of profit at any investment model in a year or more, so if you see it overnight, sell it asap. An increase like this is most probably a pump or manipulation, so that means the price will fall back faster in mean time. Sell it.
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July 12, 2018, 05:09:00 AM
 #792

I think it is a case to case basis. That happened to many of the coins that I am hodling. But I did not sell even a single of them. Why? Because prior to the pump that happened, there was a much stronger dump, or little consistent dumps that happened several days before. There was also the fact that its highest price was still far away despite the pumps. I would tend to wait for it.

 
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Lucio19
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July 13, 2018, 04:56:21 PM
 #793

Definitely sell most, if not all, of the coin. You never know what might happen and I don't even like daytrading but i'd definitely take advantage of the opportunity.
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July 13, 2018, 04:59:42 PM
 #794

It has to depend on the market situation at that time. If I think the coin has potential to go even higher, I will not settle for 40% to 200% gain.

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DanilovaSeverina
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July 13, 2018, 05:10:36 PM
 #795

It's a good idea, but 35% is a very small amount, I think if there is only 40 percent, anyway you should leave it at least to 90%.
TopDev
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July 13, 2018, 08:42:33 PM
 #796

It has to depend on the market situation at that time. If I think the coin has potential to go even higher, I will not settle for 40% to 200% gain.

That's a double edged sword. It can always dip and you'll lose everything.
mrkimvanan1
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July 13, 2018, 08:55:48 PM
 #797

Do you continue hodling or sell? A lot of people say to hold no matter what happens and I'm not advocating daytrading but I think in a situation like this, it'd be advantageous to sell.

Thoughts? What would you do?

First we need to check why it increased by 1 by so fast. Then from there we can decide to be the sale or hold coin there. Smiley It is the personal opinion of me. Let's analyze the right and don't regret it

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July 13, 2018, 09:02:50 PM
 #798

of course I will sell because I am very sure if it will last for a few hours then the price will go down, but if you still believe in the coin then you can buy back when the price is cheap
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July 13, 2018, 09:07:12 PM
 #799

Like most of the people here I will sell my coins if it doubles in value over night. Then just wait it for a drop, if it doesn't drop then i am not lucky at that time Smiley

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July 13, 2018, 09:08:05 PM
 #800

yes we first we first check whether or not it really up. if the price of coins rises we immediately sell his coins. we are not wrong if we sell at the time its price goes up it's better for us all
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