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Author Topic: If your coin increased 40% - 200% in value over night. What would you do?  (Read 36134 times)
GrannyC
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July 05, 2018, 11:41:49 AM
 #761

With a 40% increase I would probably hold, but the thing is that no matter how much it goes up, you´d need to know if there is still even more potential.
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plr
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July 05, 2018, 11:54:42 AM
 #762

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 a time to sell and  a time to hold as long as you made a profit from the coins you are holding, it's ok to sell a portion of the coin you are holding, there's a time that the coin losses its value instead of increasing you'll know it if you continue to follow the pricer of the coin you are holding.

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Cotton Candy
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July 05, 2018, 11:56:59 AM
 #763

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'd likely offer it directly after I see it. I will never again look for greater benefit in light of the fact that there's no confirmation that it will additionally increment. It is a useful choice to do. When you will as of now win benefit, it would as of now be a comment appreciative and there's a propensity that needing for more would result to misfortune because of missed opportunity.
Corelianer
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July 05, 2018, 12:12:05 PM
 #764

In terms of positions, I would have fixed a profit. And the remaining part was left for the long term. The most money earn to those who wait.
candyemily112
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July 06, 2018, 09:47:42 AM
 #765

I think it's good you sell part only. Then the rest of the coins you hodl, because chances are it will still go up even higher. When later the price drop coins, then the result of sell above you can use to buy the coins if you want.
sirengutou
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July 06, 2018, 09:52:16 AM
 #766

60% of people will sell after more than double the increase. This is the law of the game, so there are very few people who can really make a fortune because you can't face fear.

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lengocanh2998
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July 06, 2018, 02:22:34 PM
 #767

investing and holding for the long term is a plan, that's what I do. but if in a short time has given a big profit, I will sell it. then wait for the price back dump. because in essence is we get a profit from investment and trade. so don't wait for a long time, if in a short time has given a big profit.
sieunhangao19
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July 07, 2018, 02:44:02 AM
 #768

investing and holding for the long term is a plan, that's what I do. but if in a short time has given a big profit, I will sell it. then wait for the price back dump. because in essence is we get a profit from investment and trade. so don't wait for a long time, if in a short time has given a big profit.
PolyAlpha
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July 07, 2018, 02:50:52 AM
 #769

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?

That depends on what the coin is for and what caused the rise. Of course if you can identify that it is a temporary cause, then selling is a good idea. But if the cause of the rise is in the coin's adoption itself, hodling would be better.
susutao83
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July 07, 2018, 06:24:23 AM
 #770

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.
bibitao69
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July 07, 2018, 11:27:51 AM
 #771

I will sell it half of that my coins and then others half of it hold in a few week more because there are any chance the price will continue going up to 4 or 5 times more, because many altcoins was going up to 10 times in 1 or 2 month.
TopDev
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July 07, 2018, 01:19:50 PM
 #772

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.

And what will you do if that coin never drops again? You'll regret selling everything when some of your coins go x10 and you sold it when it was only at x2. Think about it. Never sell everything.
hoanglann111
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July 08, 2018, 10:12:37 AM
 #773

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.
pistachefreak
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July 08, 2018, 07:15:58 PM
 #774

I will probably sell a part to recover some capital and then hodl to see how far it goes, if it was just a coin that I used to make money fast, I might sell it all, but if it's a project I believe in and want to see successful I hold out and buy back when the price goes down again, because as we saw during this year, such an exponential increase in such a short time is not sustainable.
Boldmaxx
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July 08, 2018, 07:19:55 PM
 #775

 That's a good thing. And that hardly happens these days though. For the question, It is a win win situation so I will sell to make a profit and just wait for the dip to buy back. If I fail to sell when in profit, others would do and dump on me, so whats the point.
shursight
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July 08, 2018, 07:29:36 PM
 #776

I dont think that this needs to be discussed too much, if my coin increases by that huge amount of money, i would definitely sell them and then buy back when the price goes back to normal (after a huge increase, there is a huge downside, it happens most of the times)


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100kk
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July 08, 2018, 07:36:35 PM
 #777

To begin with, you should find out what exactly caused this price increase. After that, you should answer yourself to the question: "Is it possible to further increase the price of coin?". If the answer is yes, then I would not sell it. If the price increase was caused by rumors or positive news, then it is possible to sell this coin in order to buy it after an imminent fall.
zikabra
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July 08, 2018, 07:40:07 PM
 #778

40% over night is very big price increase and I would sell, 200% over night of course I would sell but strategy is needed here, if my holdings would increase 200% i would sell only half and I would hold another half and wait for another increase but if coins begin to crash selling all is good option. To ad this to my post don't dream too much because this is unlikely going to happen.
davidcrumble2
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July 09, 2018, 10:09:08 AM
 #779

If your greedy well i am greedy i will still hold and when it goes down i would only say is , i should sell already at that time hahaha , but this is the lesson always sell on all time high, re buy at the bottom , do the cycle.
poornamelessme
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July 10, 2018, 06:30:56 AM
 #780

It depends a lot on the situation. In a bull market, 40-200% can just be the start. Many coins have done the 10x thing.

However, short-term it may be better to sell, or partially sell, and buy back in.

And in a bear market like this, 40% seems like a miracle.
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