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Author Topic: If your coin increased 40% - 200% in value over night. What would you do?  (Read 36205 times)
junjunsalsalani
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March 24, 2018, 05:31:47 PM
 #41

50% profits is huge if you arent that a good trader but if you know technicala analysis you will have more and you can secure whenever you are happy and ease,but to be honest 100% or 200% is a lot so it is better to secure it early or you could lose instead of gaining the market is too volatile so you need to secure whenever you have profits.

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March 24, 2018, 05:35:26 PM
 #42

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 you are afraid of losing unexpected profits, you can sell half. This way you will be protected from price movements in any direction.
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March 24, 2018, 05:35:52 PM
 #43

I buy coins because i think they have the potential to give much better returns then 200% . So i just hold it , it is the first step to the amount i have in mind.

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March 24, 2018, 05:37:06 PM
 #44

If you know how hard the market volatility is ,you will secure it as soon as you get atleast 50% to 100% because it could be dumped anytime you are waitinf for more gains,so we really need to secure any profits so that we wont be regreting whenever the coin is dumping and you didnt secured your profits.

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March 24, 2018, 05:48:43 PM
 #45

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?
Are you kidding me, you dump and buy back when the price has gone low again

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March 24, 2018, 05:51:11 PM
 #46

Sell of course it is better to have some profits than you lose in the long run?too much greed wont give any good because the market is volatile and you shouldnt be waiting for more gain,the more you wait the more risk you will take it is better to have something at the end of the day or you will lose if you are greedy.

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March 24, 2018, 05:53:00 PM
 #47

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 sudden pump better sell the half because there is a big probability that it will correct itself again. If it continues, at least you still have a coin to hold and you gain a profit and at the same time you already get your initial investment. If it gets dump you can buy back again.
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March 24, 2018, 05:53:11 PM
 #48

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'd sell a portion and leave a portion in crypto. Maybe take 75% as profit and re-invest the rest. Or if you want to consider day trading, I'd say learn all about it before you make your first trade.

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March 24, 2018, 05:55:09 PM
 #49

I buy coins because i think they have the potential to give much better returns then 200% . So i just hold it , it is the first step to the amount i have in mind.
What is the point in investing if you can't make any money on it? Most people go for 5% or more from their deposit.

 
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March 24, 2018, 06:04:37 PM
 #50

What do you think? At that point my coin raised by 40% - 200%, I will probably take some profit by selling some of the coin and hodl little for future profit or i will sell all the coin and look for another coin to invest in. thanks.

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March 24, 2018, 06:06:27 PM
 #51

If you are a day trader that would be enough for your gains today, but if you are a long term holder you should keep it because you will never know what will happen to its price,especially the market is too volatile when a day trader gets profits it is his goals that achieved,but if you are a long term holder your goals will be much bigger than a day trader so it is definitely depends on your goal.

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March 24, 2018, 06:09:20 PM
 #52

I will sell all coins. Because 90% of tokens useless in future
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March 24, 2018, 06:13:00 PM
 #53

I will sell all coins. Because 90% of tokens useless in future
Even if you are right, then until the future comes, even on those tokens that are useless you will have time to make many thousands of percent of profits.
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March 24, 2018, 06:14:51 PM
 #54

Of course i will secure or sell it because i am a day trader and it is too much for a day trader if you already have 200% gain in a day.That would be much and i am happy and ease with that gain,because you wont know when will the coin be dumped so you need to be sure that you took your profits before the dumping will happen.

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March 24, 2018, 06:17:30 PM
 #55

You could lose every potential profits if you wont  secure it as early you are happy and contempted,do not let your greed gets your profits,so you must secure it as soon is possible because you need to know how hard to have that gains in a day,the market is too volatile and you wont win if you oppose its movements.

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March 24, 2018, 06:19:46 PM
 #56

For me 100% - 200% is enough for me to sell my coins depending on the quantity if i have hundreds thousands of a certain coin i might sell it at 40-50%, still it is all depends on the quantity that i have. Sometimes if the price change so much overnight sometimes i am thinking twice before selling it because it can go higher the next day.
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March 24, 2018, 06:22:23 PM
 #57

Secure it bro until you can because the market's volatility and market manipulations will going to get your profits and convert it into losses,you should have some dicipline with your trades so that at the end of the day win or lose,you are going to have gains wether it is small or big you wont lose because you did secured it early.

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March 24, 2018, 06:24:18 PM
 #58

I will take my initial investment out as soon as posdible because I don't want to lose money. Remember if you don't make any money then it's not a problem but if you lose it will be a big one. One disadvantage here is I might miss multifold returns if the coin pumped even harder.

 
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March 24, 2018, 06:27:58 PM
 #59

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?
You could lose the opportunity of the gains you might have if you are holding your coin too much,taking profits to secure yor gains will be much better compare to seeing these coins to lose its value from time to time,better to have small profits than you will lose your investment at the end of the day.Most of the common mistake of traders is not taking advantage the situation to secure their profits that is why the market volatility is dumping these coins,manipulations is one of the main factor too.
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March 24, 2018, 06:28:16 PM
 #60

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 it out and buy the bitcoin or ethereum with that. Those coins are perfect coin to hodl long years without any fear we will not find the same peak again. Else I invest on the same amount with the other potential altcoins in the market.
If we hodl the coin with the another peak for a next also foolish move. If you do that without sense you will find the fall for sure. Because general investors will not hodl the crypto when it goes to cheap.
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