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Author Topic: If your coin increased 40% - 200% in value over night. What would you do?  (Read 36205 times)
JohnMacZeppelin
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March 27, 2018, 04:33:54 PM
 #201

It all depends on your life situation, if you are not in a hurry and have additional earnings, then probably you should not sell anything, but if you have a different situation, then of course you can sell. You can do otherwise, just sell and buy again at a cheap price.
tyuner4
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March 27, 2018, 04:58:18 PM
 #202

It depends on situation. If the price increases due to market recovery, it is pretty normal for crypto to rise 50% to 200%. If I believe the coin still have potential, I will hold.
babsjoe
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March 27, 2018, 05:02:17 PM
 #203

If my coin increase between 40% to 200%, I will firstly wait to see if the price range is the true market value of such coin and if the market value is far away from the present value, I will hold my coin and wait  for proper pricing.
radar19
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March 27, 2018, 05:09:40 PM
 #204

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?
it depends of the coin. if you really belive in that coin, sell half of it and wait before correction. then buy more same coin. If you khow other good coins which are waiting for good news, then just sell all amount and buy new coin.
yacare
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March 27, 2018, 07:37:27 PM
 #205

Of course I would sell 70%, thereby would get profit and would buy coins with high potential again. I wouldnt begin to sell 30%, I think it can bring big money in the future

entr
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March 27, 2018, 07:48:23 PM
 #206

Everyone has their own kind of trading. I generally buy coins for long term. I will look into the reason why price increase occur. There will be profit takers which cause price decrease. If I am not believing in further increases I will sell a part of it and try to buy lower.
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March 27, 2018, 07:57:19 PM
 #207

If the coin is alive and her team is working, then you need to wait.
Well, if it's a shitcoin, you need to sell, it can fall even lower
glavos
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March 27, 2018, 07:58:54 PM
 #208

A few months ago I would say no but now... I would sell immedietly and take my profits and go into another trade.
zerocashdev
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March 27, 2018, 09:31:01 PM
 #209

If the profit is 200%, I would deduce 100% and 100% reinvest but not in this coin because after growth we will see great correction!
Quasr25
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March 27, 2018, 09:37:26 PM
 #210

Depending on which coin and what I think it could reach in the future I would take out 1/2 to have some profit and maybe buy back later, because there is usually a correction after such a big rise.
HEvangelista
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March 27, 2018, 10:17:02 PM
 #211

What I would do is to take advantage of the situation and sell the amount of coins for a profit or just sell the coins to get the profit and then keep the original value for more profit.Sounds confusing but you know what I mean haha.
babay_ko
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March 27, 2018, 10:24:13 PM
 #212

If my coin increased in value over night I do not know what I'll do exactly. It depends on the situation on the market and my goals. I think I would sell some of the coins but not all.

tiggytomb
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March 27, 2018, 10:28:14 PM
 #213

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?
Good question, there was a bug with one of my coins in Blockfolio and when I checked one of my coins had 1300% I had a shock and looked into the reason behind this to see if it was legit and then found out there was a bug with Etherdelta.

If it were real I would have definitely sold around 50% to make some profit, especially if it went up to a % that high.
btckid001
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March 28, 2018, 04:22:29 PM
 #214

When the coin increased 200%, I will sell them all because the price is not stable and it would decrease in the following days, then I will make a research for coins which are cheap and potential and choose some interesting and good ones and take it as the next investment.

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MIZANUR5033
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March 28, 2018, 04:39:16 PM
 #215

Its will be happiest moment for me, every investor want to sell his coin with great profit. First I analyses the market what say other investor. If I see Its quite positive than I think to sell according to my quantity. If I see its quite negative and has the possibility to increase more than I hold. In another way if the possibility to decrease overnight than also think to sell though it is good or bad for me. Because Greed is the path of danger so I don’t try to mistake.
If I have enough coin I must sell some portion obviously, No one want to wait more so I also don’t want to wait. We know it’s a volatile market and there has no possibility, No one know what will happened next so its will be wise able to sell something. 

sana54210
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March 29, 2018, 08:17:18 AM
 #216

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.
That’s a great idea. Selling in parts during the pump and buying in parts during the dumps always proves beneficiary and saves one from missing the exact exit point or entry point. You can surely sell some of your holdings when the particular coin has pumped quite a bit and hold some of it to see whether it pumps even more and then sell it.

In this way, you wouldn’t regret missing the perfect exit point and won’t feel bad when the market falls and goes into correction. Its secure way and as well as gives significant profit.

AdamSv
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March 29, 2018, 08:49:44 AM
 #217

Half to the market, half to the output. If the market continues to grow, it would have pumped the remaining crypto to another, at a favorable rate. Which I thought was going to take off. And so indefinitely, until the storm is not over
tamango
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March 29, 2018, 09:04:21 AM
 #218

I will sell for sure half and hold the rest..+200% in one night is a HUGE gain! if the coin still go up you have the 50% in coin .. if coin goes down you can re-buy the rest 50%...
Cherros
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March 29, 2018, 09:11:48 AM
 #219

Secure your intitial investment which is the 100% then hold the other 100% if that coin is really worthy to hold for long term because you will never know when it will have 1000% gains so you need to allocate something in the future,do not sell it off so that you will still have some passive income in the future without risking anything.
josegr4ham
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March 29, 2018, 09:16:29 AM
 #220

I have high hopes on cryptocurrency so my original plan is to hold for at least 2 years. I consider myself a long term investor so I would continue to hold
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