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Author Topic: If your coin increased 40% - 200% in value over night. What would you do?  (Read 36205 times)
nydiacaskey01
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April 17, 2018, 06:16:08 AM
 #281

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.
Mhimisan
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April 17, 2018, 06:22:10 AM
 #282

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%.
Hinugh
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April 17, 2018, 06:28:59 AM
 #283

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.
ifanxu
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April 17, 2018, 06:37:48 AM
 #284

If it happened to my coin,I will sell it right away and wait for a low price to continue buying.
sparg
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April 17, 2018, 06:45:24 AM
 #285

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.

abahcoin
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April 17, 2018, 06:48:02 AM
 #286

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
 #287

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.
Auto756
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April 17, 2018, 06:54:35 AM
 #288

I think if this is a good coin, I advise you to hold it.  And if not, immediately sell.
Meimille
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April 17, 2018, 07:28:46 AM
 #289

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  Cheesy Cheesy Cheesy Cheesy
tuansemazi
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April 17, 2018, 07:32:06 AM
 #290

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.
Augustyusuf
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April 17, 2018, 07:41:08 AM
 #291

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
 #292

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.

kwakufavour
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April 17, 2018, 05:55:38 PM
 #293

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
 #294

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.
waywethe
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April 17, 2018, 06:06:37 PM
 #295

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
Nginende
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April 17, 2018, 06:49:16 PM
 #296

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.
vitkamenev
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April 18, 2018, 06:31:46 PM
 #297

You need to analyze the situation of this coin and make a decision! But more likely I'd rather hold a coin!
rlcarriers123
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April 18, 2018, 06:33:48 PM
 #298

I definitely sell them. It was instant cash. We don't if it goes higher or going down.
valek.bruno
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April 18, 2018, 06:35:07 PM
 #299

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.
radar19
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April 18, 2018, 06:40:05 PM
 #300

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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