nydiacaskey01
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Activity: 1834
Merit: 1036
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April 17, 2018, 06:16:08 AM |
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That should have been decided before investing, it will be your goal, not after the coin hits 40% to 100% growth. You will most likely be over powered by greed and hold on to the coin longer hoping for a bigger profit. This happened to me when ANTS was renamed to NEO and price shoot up to 0.01BTC. I hold on to NEO longer thinking that its the next big thing like ETH but unfortunately price went down before the ghost month of 2017 started.
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Mhimisan
Newbie
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Activity: 46
Merit: 0
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April 17, 2018, 06:22:10 AM |
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If the price will get to 100 to 200% i will sell my coins immediately, then if i believe in that coin i can buy back at 50% when the price dip or corrrect, and probably take my profit at 50%.
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Hinugh
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Activity: 110
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April 17, 2018, 06:28:59 AM |
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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 this situation or an opportunity comes like this I probably sell, maybe not all my coins. The price is not stable, sometimes decrease or increase. So we better smart in our action when it comes to coin.
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ifanxu
Newbie
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Activity: 140
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April 17, 2018, 06:37:48 AM |
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If it happened to my coin,I will sell it right away and wait for a low price to continue buying.
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sparg
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April 17, 2018, 06:45:24 AM |
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I would set some orders. First, I would sell 30% of that coin right away, set a stop loss order and a take profit order. And finally, keep 20% of the coin in the wallet. I think that this could bring me the biggest gains because I can profit the most from the rise.
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abahcoin
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April 17, 2018, 06:48:02 AM |
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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 some back your capital and some profit, the rest you keep HODL for long-term investment. That's what I always do to get a high profit
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Golftech
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April 17, 2018, 06:54:26 AM |
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That's how important setting your target, so in order to see this movement you are already knew how to assess, being prepared will allow you to reach your goal, and don't forget that greediness will hit you down, so in order to control set your target and if that already been hit then move forward, whatever happen just be happy that you reach it and continue to follow that lead and enjoy your trading experiences.
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Auto756
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Activity: 196
Merit: 0
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April 17, 2018, 06:54:35 AM |
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I think if this is a good coin, I advise you to hold it. And if not, immediately sell.
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Meimille
Jr. Member
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Activity: 196
Merit: 5
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April 17, 2018, 07:28:46 AM |
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If you are happy and ease with your gains you should take profits because you could lose anything For me i would follow the price until reaches the maximum point and the sell the coins so i will get a maximum profit. And i hope its a truly happen now
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tuansemazi
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Activity: 294
Merit: 10
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April 17, 2018, 07:32:06 AM |
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That depends on many factors, if you need to invest in another potential project such as you could sell or sell a part. If it's your idle it does not affect your other investment, you can hold it for higher returns.
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Augustyusuf
Jr. Member
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Activity: 546
Merit: 1
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April 17, 2018, 07:41:08 AM |
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haha, nice question, what else you think, of course i will buy an real asset like house or appartment, car, holiday and etc for being profit around 200%
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Coltpython
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April 17, 2018, 07:41:17 AM |
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I would buy a lambo... Just kidding. If I gain such profits over night, I would sell off then buy back at dip or look for another altcoin to trade. I love the excitement day trading brings. Many people would continue holding but to be on safer side its best you sell off at once unless if you are doing long term trading that requires you to keep hodling for a long time.
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kwakufavour
Jr. Member
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Activity: 167
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Contact me if you need a Telegram Moderator
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April 17, 2018, 05:55:38 PM |
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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 immediately than get dumped upon. If not all, at least I will take my initial investment in USD/sat/eth out then hold the rest. I cant hold while the token is pumping for the last to be delisted. It's always wise to take your initial investment. You can use profits to invest in infrastructure projects which are down in price and accumulating.
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zeze18
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April 17, 2018, 05:58:31 PM |
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If a coin's price decrease that bad, there must be a reason, maybe the project is officially scam or ppl leave it because of a thing. I will probably sell it to reduce the loss.
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waywethe
Newbie
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Activity: 112
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April 17, 2018, 06:06:37 PM |
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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 I will sell out to make sure the amount of profit I earned belongs to me. then I will wait until the price continues to go down again and I will buy again. That is the basic method but very useful for me
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Nginende
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Activity: 210
Merit: 10
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April 17, 2018, 06:49:16 PM |
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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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vitkamenev
Newbie
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Activity: 252
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April 18, 2018, 06:31:46 PM |
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You need to analyze the situation of this coin and make a decision! But more likely I'd rather hold a coin!
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rlcarriers123
Newbie
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Activity: 28
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April 18, 2018, 06:33:48 PM |
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I definitely sell them. It was instant cash. We don't if it goes higher or going down.
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valek.bruno
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April 18, 2018, 06:35:07 PM |
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I would probably sell what I had, in order to then buy again at a cheaper price, it seems to me that this would be correct, because if you understand what the stock exchange is and how it works, you need not lose the opportunity try to trade on it, I think this is a good opportunity.
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radar19
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April 18, 2018, 06:40:05 PM |
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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?
some people say that after such rise definitely will be low. that is why you can sell on high and buy again when low. but there is a problem. you never know where market will go next. so my opinion - in most cases - just hold or sell everything and buy another coin.
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