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Author Topic: If your coin increased 40% - 200% in value over night. What would you do?  (Read 36205 times)
acmakc12
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June 24, 2018, 01:10:39 PM
 #661

If it is 200%, I will of course sell all the tokens at once, because such growth, may not be in the future
rairaimotobike
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June 26, 2018, 04:13:48 PM
 #662

With an increase of 200%, I would most likely have sold it, because perpetual growth is not possible and obviously there will be a correction, but in generally I would be happy. There were similar cases.
Nefarious
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June 26, 2018, 04:21:29 PM
 #663

Each situation is different & there are a lot of factors to consider: What price-point did you buy at? Despite the sudden increase, would you make profit if you sold? What is the reason for the price increase? What was the trade volume & market cap of the coin in question?

Overall though, an increase of 200% in a day would be a strong signal for me to sell & to look at buying back at a lower price point. It's very rare a coin will jump 200% in a day & hold that value without some form of long or short-term pullback.
slaman29
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June 26, 2018, 04:25:08 PM
 #664

With an increase of 200%, I would most likely have sold it, because perpetual growth is not possible and obviously there will be a correction, but in generally I would be happy. There were similar cases.

There's no likely or unlikely for me. If it's a coin I hold, I simply don't sell until it is a time I want to, which is still years from now, and many, many times the price it is now, far above ATH. That's not Bitcoin, in case you're wondering.

If it's a stupid coin I know I'm holding to speculate, then 200% burst will simply trigger my sell order for 50%. 25% is for 400% and the rest I hold for fun.

So the decision is out of my hands, that's called disciplined trading, right?

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Txtlkvoe
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June 26, 2018, 04:32:48 PM
 #665

I will definitely sell, no one knows what will happen tomorrow, most likely such a large growth is caused artificially.It is better to sell.
zauna35
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June 26, 2018, 07:18:17 PM
 #666

if the coin has risen by 200% over night-I would have sold it..of course depends on the coin,but my first thought is to sell)maybe it's wrong
Hivecool
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June 26, 2018, 07:21:51 PM
 #667

Well, yes, you always think that you can profitably sell and bribe on lower, only sell, everything flies to the top. I've done it a couple of times already. So now I just save up the coins and keep them until better times. I hope for a global wave of "C" in Elliott
Zdraste16
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June 26, 2018, 07:22:42 PM
 #668

such an increase can occur.  and if this happens then it makes sense to sell and do it quickly.  because the price can fall quickly.
Viscera
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June 26, 2018, 07:26:28 PM
 #669

Great question. If that's the case then I will sell 70% of my profit and buy the next dip then buy another dip I will focus on 5 altcoins and eventually buy hodl other bitcoin.
gahanhganghau
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June 27, 2018, 12:39:17 PM
 #670

If my coin increases by 200% per night, then I will sell half.  If the coin increases by less than 100%, I will look at the number of coins in my portfolio.  Most likely a part of selling, but when there is a correction in the market, then again I will buy.
AleksandrSMI
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June 28, 2018, 06:25:42 PM
 #671

I left the coins for a long time and look forward to a good growth, if the coin rises so much, then I will certainly sell it
zdvizh9090
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June 28, 2018, 06:29:08 PM
 #672

I also prefer to keep coins for a long time, but if the coin gives such growth, then it should certainly be sold, I do not see the point of keeping it even longer, it's better to sell and wait until the price drops and buy back
belochoi
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June 28, 2018, 06:29:11 PM
 #673

I would sell and bought a few days cheaper. always after pumping a fall occurs. this is the law of the market, exclusion was only in December 2017
ibrarak92
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June 28, 2018, 06:37:41 PM
 #674

it depends on the coin itself in many ways, if the coin is very promising, then 200% is not the limit, it can and even more growth
_Flynn_
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June 28, 2018, 06:40:35 PM
 #675

The best strategy is to sold coin and then, after correction, buy it at the dip if it is a good coin
BartS
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June 28, 2018, 06:41:07 PM
 #676

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?
This is a difficult question to answer because you do not give any context, if the coin in which I invested is a coin that I think has future and a recent development has happened that justifies that kind of growth I will probably keep holding my coins since this could be the beginning of a bull run for that coin, but if there is no justification for that movement then it is likely I will decide to sell my coins since that kind of growth could be the product of a pump and dump group.
Rubel23
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June 28, 2018, 06:48:22 PM
Last edit: June 29, 2018, 02:46:41 PM by Rubel23
 #677

Well Holding is the great formula to have more profit in crypto market.But in that case, I would sell some portion of the coins and rest will be at holding. I would do it because there is no guarantee of market whether it will be increase more or not.
Kennedy3950
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June 29, 2018, 02:43:51 AM
 #678

No matter how good the fundamentals of the coin are, if a coin goes more than 100% within 24 hours I absolutely sell them. A classic case of this has been Storm coin, it has already dipped about 50% from its ath after it went crazy just a couple of days ago.
lehongquann11
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June 29, 2018, 12:10:23 PM
 #679

That was enormous profit, as I could see, whenever you gain almost 200 percent value in just overnight, the most positive ways was to sell. most specially for alt coin/token where movement was very drastic. However, not in all alts may apply this ways. Still, there are many alts that worth to HODL.
adolf512
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June 29, 2018, 12:45:48 PM
 #680

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?
There is practically no such growth of coins at the moment. There are many options to do in such cases, and each person has his own opinion on this matter. It all depends on what you expect from this coin, but in any case you need to sell some part, because this growth may not be anymore.

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