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Author Topic: If your coin increased 40% - 200% in value over night. What would you do?  (Read 36205 times)
Emilyp
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July 18, 2018, 05:53:11 PM
 #841

Many people will be of the opinion to hold for longer which might actually be more profitable but if I happen to invest in a coin that went up to 40% in value, I will consider selling 75% of my invest to recoup my funds and hold the remaining for more profit.
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July 18, 2018, 05:56:51 PM
 #842

If that happens then I do not do anything because all the commands that I set will be triggered at that time. I just bought another coin and sold them at a higher price
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July 18, 2018, 07:28:10 PM
 #843

Many people will be of the opinion to hold for longer which might actually be more profitable but if I happen to invest in a coin that went up to 40% in value, I will consider selling 75% of my invest to recoup my funds and hold the remaining for more profit.
I could probably have sold half of my investments, but the other half needs to be kept for a longer period for even higher profits. This tactic with some changes is very good.
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July 18, 2018, 07:49:35 PM
 #844

I have been told more than once that in such situations it is best to sell, because after such a rapid growth of love will be a correction of the coin and it will fall in price. Therefore, by selling at a higher price, you can then
re-purchase the same coins back when the price falls. Thus you can return back the number of coins that you had initially and still earn. But in order to manipulate the market so you need to be able to respond quickly to such growth jumps and without losing time to sell, otherwise you risk to sell already at a lower price.
royalfestus
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July 18, 2018, 07:59:16 PM
 #845

For any altcoin 200% increase now, I will sell a huge portion of it. I understand more about the volatility now than in past year. Even if it was bitcoin that had the pump i will still take my profit in fiat. Every high pump of that height in altcoin should be exploited, turn some to fiat,bitcoin and invest others into another good ICO.
goshay97
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July 19, 2018, 04:18:46 AM
 #846

I would most likely get my initial investment out and ride the rest to huge profit points.  If I missed my sell points for huge profits and disaster struck I still have my investments.  Its like a free chance to get Lambo!!
Candice
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July 19, 2018, 08:03:11 AM
 #847

I would most likely get my initial investment out and ride the rest to huge profit points.  If I missed my sell points for huge profits and disaster struck I still have my investments.  Its like a free chance to get Lambo!!
This should be the strategy that most people will choose, and only the profit that comes to hand is the real profit.
WalkerIVIV
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July 19, 2018, 08:05:12 AM
 #848

Many people will be of the opinion to hold for longer which might actually be more profitable but if I happen to invest in a coin that went up to 40% in value, I will consider selling 75% of my invest to recoup my funds and hold the remaining for more profit.
I could probably have sold half of my investments, but the other half needs to be kept for a longer period for even higher profits. This tactic with some changes is very good.
How about selling your entire coin and grab all the profit, then when the correction occur which always occur after a huge pump happen you place a buy order and then sell it again when high, that will give you a lot more profit
than holding half of your assets even after the coin is pumped.

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July 19, 2018, 08:36:19 AM
 #849

of course i will sell them, because after rising, peope will sell it and make the dump,it not be rise everyday, so u can take chance to sell it or u gonna hold it and later u will cry hahaha.
Sexie
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July 19, 2018, 08:55:34 AM
 #850

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?
[/quote

If you are expecting profits , just sell it . This is a great fortune  and great chance for everybody who’s holding that coin to Make a profit .No need to hold it, because it is just in once in a blue moon situation. Just buy  enough coins again when the price  decreases and sell it again the price getting high. But if  your situation is just only freezing your assets , you just can hold your coins no matter what.

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HornChrist
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July 19, 2018, 09:02:01 AM
 #851

If I have decided to keep or hold the coins then no matter what happens I will keep them. The reason is because you never know maybe in next day it’s gonna raise and raise or again other way round fall. I think the best way is to keep them I know few peoples who with bounty coins straight away invest in one coin example ETH. That’s another option!
TopDev
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July 19, 2018, 05:49:49 PM
 #852

of course i will sell them, because after rising, peope will sell it and make the dump,it not be rise everyday, so u can take chance to sell it or u gonna hold it and later u will cry hahaha.

It depends on the coin. Some coins are better off sold while you have the chance because they are artificially pumped but some are legit coins that will rise again even if they fall like BTC and ETH.
trade2winnn
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July 19, 2018, 05:52:27 PM
 #853

Watch it, as it can only start,and it will give even more profit, it all depends on the news, and events that clearly or indirectly affect the coins and their value, as the most promising startups can give a lot of profit in a week, especially now, in such a market
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July 19, 2018, 05:58:22 PM
 #854

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 it is a growth for 1 day, then at 100% I would sell 50% of my position, if 200% I would sell 100% of my position in this coin, since there is no such kind of daily growth without kickbacks, unless growth is based on any fundamental news.
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July 19, 2018, 07:22:38 PM
 #855

The tricky part of this is not if you should sell. If a coin doubles, it's almost always best to sell the majority as there will be fallback.

It's simply catching the rise if it's a quick pump that can be tricky. Unless you have orders set ahead of time, odds are one will miss the huge jump in the first place.
xsaints128
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July 19, 2018, 08:05:16 PM
 #856

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 your investment increased that much overnight then it's probably better to sell it off and wait for it to cooldown and then buy back lower. As the saying goes "buy the hype, sell the news", most of the times the price increase because of some kind of hype and then after 2 to 3 days it retraces back, so it's good to sell off in this situation.

13ex07
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July 19, 2018, 08:33:30 PM
 #857

Selling half or a third part. If the price still grows, then sell from becoming also half or the third part. And so on ad infinitum Smiley

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silverleafy
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July 19, 2018, 08:38:54 PM
 #858

I will sell it immediately and buy Bitcoin  Grin. Because currently Bitcoin is very cheap and you can get cheap Bitcoin probably for the last time in your life!

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July 19, 2018, 08:41:59 PM
 #859

If the price rises by 40 percent or higher. I immediately sell all my coins. But such a situation can only be in dreams, as a rule, now everything is the other way round, in one night the price may drop by 40 percent.
military
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July 19, 2018, 08:49:31 PM
 #860

Of course sell it then I buy again at the time of correction and low price. But it all depends on the market situation and several other factors
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