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Author Topic: If your coin increased 40% - 200% in value over night. What would you do?  (Read 36227 times)
Waqas vicky
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July 22, 2018, 02:55:58 PM
 #901

I would like to sell because the price will be dumped after that increased pump, but I will not sell all my coins at once.
Mallequinn
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July 22, 2018, 10:07:31 PM
 #902

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?
It is really a tough choise, if the coin spiked like that would it mean that it will continue to rise in price? we don't know... I would be inclined to sell immediately though.
kent47400
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July 23, 2018, 11:19:09 AM
 #903

if the price in one night can penetrate 40% more it may be in need News very strong once.

for example there is airdrop or there is a bonus when buying and selling Altcoins, I think it will make it up to 40%. and when it is too I will sell, then I get a profit in one night.
azbukamorza
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July 23, 2018, 11:23:25 AM
 #904

Of course ,if you increase the percentage, I will immediately sell . But something like this has never seen .
travwill
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July 23, 2018, 11:51:37 AM
 #905

If it happened in one night, it is obvious that the price of the coin was raised artificially, so I would sell most of the coins at once, but left a part.

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boberpuper
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July 23, 2018, 11:54:58 AM
 #906

If only I had a dream like that . Sure you would .
Jemsdum
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July 23, 2018, 04:16:37 PM
 #907

I truly don't think day exchanging is a smart thought and for the most part incline toward hodling, however I would attempt to exploit the unforeseen circumstance and simply offer. you never know when the coin may drop again so better act fast when conceivable.
thaokhuyen05
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July 23, 2018, 04:19:58 PM
 #908

If that happens I'm happy and happy. No need to wait for some time to get profitable or strenuous trade coin. But it is very rare, if only, to be unique, because the cost of sacrificing too much if greed
Idowuogbo
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July 23, 2018, 04:23:03 PM
 #909

As far as I am concern, I will head to exchange straight and dispose all the shit coin in my wallet before d market start singing red devil again
SeNeor
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July 23, 2018, 04:24:02 PM
 #910

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?
Personally for me, if a the price of a coin I hold increase by this percentage overnight, I will sell more than half of it and continue holding the rest no matter what happens because I cannot predict what will happen to the coin after that. I will sell and make reasonable profit so that when the price falls, I know I have made something from it and I can even buy back when the price falls.
TopDev
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July 23, 2018, 05:55:06 PM
 #911

As far as I am concern, I will head to exchange straight and dispose all the shit coin in my wallet before d market start singing red devil again

But if it's rising why would you say it's a shitcoin? Some coins are still young and their prices are low because their market cap is low but you can't say that they're shitcoins just because of their low prices. Ripple is a shitcoin and it's in top10 alts.
sfidler31356
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July 23, 2018, 05:56:55 PM
 #912

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?
A coin that increases to that extent overnight, can also depreciate overnight. Anything can happen. So depending on the market situation - if the seems not to be stable, i will sell and if otherwise, i will hold. If i sell, i might decide to buy the deep again, just that this does not happen at all times. I have had an experience, where i thought a particular coin was going to deep beyond the price i sold, but to my amazement, instead of plunging, it was escalating. Now imagine such a situation. That is why you cannot totally predict cryptocurrency.
last7minutes
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July 24, 2018, 06:47:11 AM
 #913

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

If it happens once, I will certainly sell the tokens. Meanwhile, I will not leave the crypto world. I will wait when the altcoins become cheap again and invest in them once more. The money should work.
lekleklek
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July 24, 2018, 06:49:11 AM
 #914

It depends how much I like the project but I'd probably sell a partial...
ptolimeus
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July 24, 2018, 08:01:06 PM
 #915

It depends how much I like the project but I'd probably sell a partial...
I also prefer partial sale. Once, with the sharp increase in the token, I sold all the tokens, but it turned out that after a while the project became even more expensive. This was a lesson for me and now I always use a partial sale.
thanhdat031
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July 24, 2018, 08:04:21 PM
 #916

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?
Do not sell it now. Keep it all up to the end of the year. When btc hits 15k everything will be at the top. That's when you should sell.
poornamelessme
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July 24, 2018, 08:12:46 PM
 #917

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?
Do not sell it now. Keep it all up to the end of the year. When btc hits 15k everything will be at the top. That's when you should sell.

The flaw with that thinking is if a coin does the 2x thing, it will drop at least short-term. It's inevitable. Then you'd be better off simply selling and buying back in, and either going with more coins or some profit.

Also no guarantee that if BTC hits 15K, that said alt will retain its value at year's end. BTC doubles and your coins sinks like a stone at the end of the year, it's less profit.

The biggest issue I have when my coins do the big pump thing is the fact that many are flash pumps -- blink and you miss it. So it means guessing at where to set sell orders ahead of time, and odds are they won't be right.
Hairynipples
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July 24, 2018, 08:20:36 PM
 #918

I'd most likely sell around 70% to 80% of the profit and continue trading the rest, but it would also depend on whether or not I thought the project was a worthwhile long term investment or just a pump & dump scheme Smiley
Omega Weapon
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July 24, 2018, 08:31:04 PM
 #919

I suppose that most people will say that they will sell their coins but I think that will be a mistake I will keep watching the market and see how it moves, if the coin in which I invested has a great potential then that kind of growth is nothing, I invest in icos and altcoins for the long term and because I am expecting profits of 10x to 20x at minimum and I am not going to settle for less.
Petrogradka
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July 24, 2018, 08:45:12 PM
 #920

I would have sold half of the coins in the morning! And I would see what would happen next! If the coin grows, I will always have the remaining half and I will keep this coin without risk!
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