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Author Topic: If your coin increased 40% - 200% in value over night. What would you do?  (Read 36205 times)
buonngu.miendo4
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May 17, 2018, 09:45:25 AM
 #421

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.
Treasurer
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May 17, 2018, 10:08:34 AM
 #422

It depends on whether the coin was growing or falling. If it first fell to -200%, and then it grew by even 200%, I will not do anything. But if it jumped, jumped and jumped, watch it for a bit and sell it. Then all the same will fall - I will buy again.
badykvik
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May 17, 2018, 10:14:27 AM
 #423

If my coin increased by this percentage overnight, what I will do s to sell some of it and hold the rest. I would even buy the coin when it is cheaper as long as it is a potential one. I would not like to be greedy and later regret why I did not make the best use of the opportunity when it came for me to make more profit.
jemine
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May 17, 2018, 10:16:38 AM
 #424

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?
For me the answer is simple. I will sell half and hodl after for the future.
@theman
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May 17, 2018, 10:28:45 AM
 #425

I'll sell some coins but not all. I'll exchange some of the coins for dollars. I'll keep most of the coins for a happy future)
hiddenmist
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May 17, 2018, 02:23:55 PM
 #426

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 already up for 200% I think it is better to sell and wait for a big dump before buying back again. Holding is a good strategy but we must also learn how to take an opportunity when to sell to get profit and buy once the market collapse.

Jmartins
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May 17, 2018, 02:25:31 PM
 #427

I will sell immediately and wait for the dip, it may take days to dip down to my desired entry point but with patients I will buy back my position
STIKS1911
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May 17, 2018, 02:32:28 PM
 #428

If overnight the price of the token increases by 200%, then I would sell 50%, and hodl 50% in a long time. This applies to coins, which I buy in a long time.

AntoCokbun
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May 17, 2018, 02:38:12 PM
 #429

if it goes up to 200% then of course I will sell it because such increase will very rarely happen, and if it's only 40% then I'd better rethink what I would do and consider first to hold or sell.

michietn94
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May 17, 2018, 02:48:26 PM
 #430

I will sell it if I think I have profits from the sale after it was deducted by the fees. In trading we do not need to be greedy to expect big profits because we also do not know whether the price will rise or turn down again.

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Waqas vicky
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May 17, 2018, 03:04:16 PM
 #431

If my coins increase that far i would go for sell because coins never go straightly up.
The coin will retrace and buy again at cheaper price.
HEvangelista
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May 18, 2018, 02:41:14 AM
 #432

What I would do is that I would definitely sell them for a profit. Then once it dips again then I will try to buy the same amount of these coins. Then once the price rises again then I will sell. Very basics of trade, buy low sell high. That's it!
bolbau
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May 18, 2018, 06:16:04 AM
 #433

the first thing i do, i will look on the market trend, if after market bullish the trend keep buying ill wait little bit, but if theres so much sell demand ill cut the profit and get out. this is too risky for waiting more time if the market already reached 40% up price. there will be buyout saturation
princesocapuyo
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May 18, 2018, 10:30:36 AM
 #434

If I had a coin that increased in price by such margins than I would be selling the coins with no hesistation because if there is one thing that I have learned in the market is that when you see a price hike, then there is a dip that is following it not far behind. I would sell off my coins, wait for the inevitable dip and then buy back into the same coin again. Rinse and repeat, always works.

missyou343
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May 18, 2018, 03:01:10 PM
 #435

The market has high volatility that is why if i were you i would secure that profits or else it could be losses few hours from that gains,that is why we need to take it seriously whenever these gains has occured never let any chances to passed,take profits when you are satisfied because it could be losses all of the sudden.
fudster
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May 18, 2018, 03:57:31 PM
 #436

I have dumped several times when this happen, I have dumped when the price spikes even just up to 50%.

Just recently I dumped my Dentacoin when it rise up to 60%, I'm already waiting for its price to drop again and will start buying them back. Most of the time I get my tokens back and multiplied it and sometimes I lose too. Nothing to lose as its going to be BTC that matters to me.
truongquanninh01
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May 19, 2018, 01:58:17 AM
 #437

Definitely sell most, if not all, of the coin. You never know what might happen and I don't even like daytrading but i'd definitely take advantage of the opportunity.
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May 19, 2018, 02:01:42 AM
 #438

Take profit and all but you might want to first check the news or forums and see what is going on - and then think of what will be effective and not impulsively.  Depending on the news and the nature of the spike I would take more or less profit.  Dumping everything will cost in the end when there is a real bull run triggered.

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skylar
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May 19, 2018, 02:05:34 AM
 #439

because most of the holder will sell it when it reach 200% so it is better to do the same thing. increasing 200% will causing some correction after that IMHO, sometimes brand new coin will make a crazy overnight pump and then dump in the next day. and then after they dump coin we can accumulate the coin again if we believe in the project.
gasdbx8182
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May 19, 2018, 05:43:15 AM
 #440

I always set a target myself for my coins and whenever my coin reach at my target, i sell that coin immediately because no one can guess about this market due to huge ups and down of this market in a very short span of time
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