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Author Topic: If your coin increased 40% - 200% in value over night. What would you do?  (Read 36205 times)
voteformeg
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July 17, 2018, 05:51:33 PM
 #821

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 is not easy to say , i know that it is the hardest part to cash out what is already earned but i know that if my portfolio has a growth of 200% i still not sell my coins

if you are a daytrader it is absolute better to take your profit but i go for the long run
TopDev
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July 18, 2018, 03:39:04 PM
 #822

If altcoin grows by 200% I will sell it so as not to risk it as the price may drop sharply. It's really nice to watch when your tokens show such growth.

Yes it's nice but I got myself in the position several times when i sold my coin when it reached 200% and shortly after that it went to 450%-700%. It's best not to sell all. It's a gamble but it can be worth  it.
megan57
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July 18, 2018, 03:48:54 PM
 #823

if the coin value increases 40% -200% at night I would not waste this opportunity to sell my coins and I will get more profit.

Skyshark
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July 18, 2018, 04:08:10 PM
 #824

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 wouldn't think twice, i will sell them straightaway. My main objective in holding my coins is to yield profit. If that purpose is to materialize overnight then i will never ever hesitate. What is the sense of waiting longer if my very goal can be achieved in a nick of time. That kind of scenario may never come again. So it would be much wiser to take advantage of it.

Holucoin10
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July 18, 2018, 04:25:29 PM
 #825

If a coin increases 40% - 200% overnight, that means I've got some big cash out to do as early as the morning comes. It's rare to get 150% and above increase overnight, so when it comes, the best thing is to take the advantage ASAP, and cash out. Then, wait for the next dip.
lifesgood10
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July 18, 2018, 04:28:39 PM
 #826

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?

Well
I don’t know what type of profit you need but once your token does over 200%
There is no need to hodl
Simply sell,
Wait for a while again and buy the dumping once more
No need to hodl till eternity
milah_ah
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July 18, 2018, 04:33:50 PM
 #827

I can say with confidence that I would sell this coin. If the coin grows fast, it quickly falls afterwards. I will sell it at the top of the cost.
ACTrend
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July 18, 2018, 04:34:42 PM
 #828

I had a similar situation with Bitcoin Diamond in December of last year) Of course it's worth selling. Then look what you need. Bought at a low price and increase the number of altcoyins or simply fix profits.

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Sahyadri
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July 18, 2018, 04:37:55 PM
 #829

I definitely gonna look for a reason behind the price surge. If the surge is because of some news in coming future, then price is likely to grow up further before the actual happening of the news. If, price is up because of some rumor or exchange listing, it is better to leave your position from that coin as early as possible because with more people knowing, price goes down pretty badly. In case of a pump without a reason, it is always better to short the profit and exit.
rraymundo
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July 18, 2018, 04:49:27 PM
 #830

If you really need the cash then sell it, but if you don't HODL all you want and wait for another surge of price. If the coin is worth to HODL then I think you should HODL. But if the coin is in a way part of pump and dump situation I think you should sell it. It really depends on your gut feeling. Good luck.
gabagandalf
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July 18, 2018, 04:53:36 PM
 #831

if something like that happened to me and a coin increase over night so much, i could not resist and would sell the coins.
Kakady13
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July 18, 2018, 05:03:37 PM
 #832

I would not even have thought that if there was such a jump overnight,
I would gladly sell it and I think it would fall then and then I would buy it cheaper if there are no better options!
zahardarya
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July 18, 2018, 05:09:25 PM
 #833

If you do not go deep into it and do not make a guess, I would do it: 50% sold, 50% hold. So you stay with the money and there is a possibility that you will get an increase, if you collapsed then you at least part of the money was withdrawn.
hidden jutsu
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July 18, 2018, 05:18:49 PM
 #834

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 still hold even if I do have much loss, its better for me, because the higher the fall, the higher the increase that will happen after bear market. every year, there is a new peak, so I will keep holding until I get the price I want.

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Profuter
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July 18, 2018, 05:19:47 PM
 #835

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 guess it depends on the person who bought that coin. If it is an investor who has invested money for a long term then he will not sell the coin. And if a person is engaged in trading, he will naturally fix the profit.
ivanleon
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July 18, 2018, 05:20:09 PM
 #836

If I traded, it is recommended in this case to sell in parts, so as not to stay with anything. Quite good advice, as he lost a lot. With the growth of the coin you do not know whether it will stop now or not, so you sell 25 percent and wait, if you grow again, you sell another 25 percent. As you want, so share. And if the coin is on long-term storage, it is better not to touch it until the best times when Bitcoin will show its record in price.
marcus_v
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July 18, 2018, 05:37:36 PM
 #837

if my coin increased 200%, it means my coin has doubled. i will half of my coin if that happened.
for the rest of 50%, i will hold it until it doubled again in the future, then i sell half again. That is my strategy.
DarkTaiga
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July 18, 2018, 05:47:40 PM
 #838

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?

200% or more is always the target of long-term investment. I think it's best time to sell it. I've seen many situation like that, their prices will drop a lot after increasing over 200%. (stellar, ripple,...). Selling it is best choice.
1cak
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July 18, 2018, 05:51:14 PM
 #839

I will sell it when the price increase is not normal and buy it back when there is a sharp price decline, I am not a daily trader but often monitor my portofolio every day
Temibest2
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July 18, 2018, 05:51:32 PM
 #840

What do you expect me to do in this situation than to sell quickly before it drops again. Do u expect it to rise to 1000% before you sell?
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