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Author Topic: If your coin increased 40% - 200% in value over night. What would you do?  (Read 36205 times)
VenturaBro (OP)
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March 24, 2018, 01:25:43 PM
 #1

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?
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manlyxman
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March 24, 2018, 01:34:07 PM
 #2

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.
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March 24, 2018, 01:34:50 PM
 #3

It depends on the market conditions, for example, we have seen 500-1000% gains in many alts in the last bull run in january but it was short lived and now bears are dominating the market, and im sure majority of holders did not take profits and still holding their coins even when they were able to make life changing profits, it depends on individual needs as well but i think greed takes over and one thinks that market will make more moves and continue upwards so no need to sell.

Ariem
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March 24, 2018, 01:43:10 PM
 #4

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 don’t know, logic say that if price overnight has made 100% you should sell, and then if you like this coin you can buy when it will drop, and it will for sure drop in several hours, but I always become greedy and think that It will grow some more, and do not sell, and almost every time regret.
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March 24, 2018, 01:44:40 PM
 #5

I have an opinion that is contrary to your opinion, in my opinion at this time is a time to hold because the market situation is unstable and decreasing sustainability. so to do trading we have to wait until the market returns to recover.

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March 24, 2018, 01:52:20 PM
 #6

I have an opinion that is contrary to your opinion, in my opinion at this time is a time to hold because the market situation is unstable and decreasing sustainability. so to do trading we have to wait until the market returns to recover.
Holding coins is what investors need to do so they can make a lot of money. They can only make so much day trading.

 
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bunny0612
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March 24, 2018, 01:54:57 PM
 #7

If good news, Sell it and buy back cheaper or hodl depend market bullish or bearish
If pump and dump, Sell it!!!
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March 24, 2018, 02:01:41 PM
 #8

I would sell part of the investment at the peak of the course, because this opportunity may not be very long. The whole point of keeping cryptocurrencies in the end comes down to profit. Therefore, it is necessary to use such opportunities.
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March 24, 2018, 02:03:00 PM
 #9

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?

Less than 1 % of the members here will be able to resist selling their coin at that stage. I will also sell with such a huge rise in single day.

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noblex
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March 24, 2018, 02:04:01 PM
 #10

I don't know, since today, i always held even in case of x10, now my x10 is x0.9
Next time i will probably sell 50% at x10 and buy back at the first drop.

No day trading, no full holding, a good tradeoff
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March 24, 2018, 02:07:02 PM
 #11

if you see a 40% increase just sell it this means pump and later it will go down. Then if you want to hold you can buy from lower price again and you can hold much more
Maxpayne86
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March 24, 2018, 02:13:00 PM
 #12

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?
Ofcourse i will sell it before it going gownprice again. That's most sensible solution to do, if you want to get your profit.
heritage35
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March 24, 2018, 02:13:12 PM
 #13

If i am to decide on what to do in a situation like this, i will have to consider several factors owing to the fact that cryptocurrency is very volatile. A coin that increases to that extent overnight, can also depreciate overnight. Anything can happen. So depending on the market situation - if the seems not to be stable, i will sell and if otherwise, i will hold. If i sell, i might decide to buy the deep again, just that this does not happen at all times. I have had an experience, where i thought a particular coin was going to deep beyond the price i sold, but to my amazement, instead of plunging, it was escalating. Now imagine such a situation. That is why you cannot totally predict cryptocurrency.
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March 24, 2018, 02:14:26 PM
 #14

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?
Sell them all because i believe if that will not be so long. I guess the price will be back again and there will be a correction after a huge dump and you can see storm token and it looks like become a very best example right now. After a big pump from upbit as korean exchange site and then it will be back again. It will happen. Believe me, if this is the key if you wanna buy more coin after it has gotten a correction.
Maxpayne86
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March 24, 2018, 02:14:33 PM
 #15

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?
Ofcourse i will sell it before it going downprice again. That's most sensible solution to do, if you want to get your profit.
hieu81
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March 24, 2018, 02:15:19 PM
 #16

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 half to return the investment, the rest will hold and wait for the opportunity to increase prices.
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March 24, 2018, 02:19:37 PM
 #17

I always hold usually. But recent 50% increase in ICX in just 1 hour told me "What are you waiting for? Sell it now, fool!" The price rose even more since then. Let's see if I could buy it again at a lower price.
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March 24, 2018, 02:20:45 PM
 #18

I would look at exchanging halve into another crypto and hope the increase would continue. Of course it depends on the reason for the increase. If all others did the same I would hold.
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March 24, 2018, 02:22:28 PM
 #19

if it would increase at least 100% i would sell it immedately, than buy back when it gets corrected.
serizawa
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March 24, 2018, 02:36:29 PM
 #20

depending of the market if the market looks bullish I will hold it and if stuck risistance I will sell it and buy it back at a low price..
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