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Author Topic: If your coin increased 40% - 200% in value over night. What would you do?  (Read 36205 times)
Matcuda
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August 30, 2018, 07:31:51 AM
 #1061

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 have never seen such a rise among my coins, but I would definitely have made a sale. Necessarily after this, a good correction will come,  which can earn all the profit overnight and leave you with nothing.

tomboi
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August 30, 2018, 07:34:04 AM
 #1062

With such a situation, of course, I would sell some of the assets from my coin right away. Such a situation is what all investors are waiting for and craving for. Significant improvement does not occur every day, so with the opportunities available, you should be able to make the most of it.
futuristishe
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August 30, 2018, 07:37:00 AM
 #1063

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 the coin has increased by 200% I would have immediately sold if this race short! and when she falls to the previous price I would have bought more and would have waited the same jump. But it is necessary to analyze what happened this race, and you can re-race! If there is such a possibility that this cycle will repeat that I would sell and buy when the price would fall back and waited for a second jump!
Soberb
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August 30, 2018, 08:26:52 AM
 #1064

It depends upon the market. If you are suffering loss and the market is down. It is not good time to sell coins. At that time there will be only one option left that is hold. Holding may give you the chance for you to recover your loss, but if you sell all your coins, you will be at loss. So buy at low, sell at high and hold when you are suffering loss.

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MyNameIs Trung
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August 30, 2018, 02:31:37 PM
 #1065

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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bigchuks
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August 31, 2018, 04:09:58 PM
 #1066

Well, your question is really tempting, in the sense that many people will want to cash in on the bull run.
On a second thought, you can can go down the memory lane and see how many people sold off their Bitcoin at the slightest appreciation.

I believe a lot of them regretted that action today.

What i will do;
device a percentage to keep and sell off the other.
Either way, i wont loose out. Grin
mine2slow
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August 31, 2018, 09:45:07 PM
 #1067

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?

Definitely sell! After such a growth, there will be a drop and you should sell it and just place an order to buy lower and wait! The bulk of the money is worth earning on such growths and increasing your portfolio! It's a pity that such situations happen infrequently and sometimes I just miss them because I'm not at the computer.
Dinct
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September 02, 2018, 11:16:58 AM
 #1068

That happaned to me at laest 1000 times with all the airdrop coins i had, the day after all went down Smiley . If i have a 100k investment in crpto, then i would react in another way 
kilacka
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September 02, 2018, 11:22:08 AM
 #1069

I don't think this is a good idea. After all, short-term big gains are hard to meet. I likeIt is many times faster than Ethereum, Just like CyberMiles ,and its own network is about to test, indicating that the project is basically completed and will be promoted after the test is completed. to lay out high-quality projects. It will sooner or later.
Iykecollins
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September 02, 2018, 11:23:05 AM
 #1070

It depends on the coin in question and my sale target also, If a coin I had suddenly it spikes and gets to my take profit level I would quickly sell for profit, and I have learnt in crypto that most sudden pumps like that are always accompanied with a sudden dump, so alternatively I can sell to buy lower when the price drops suddenly

imacool90
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September 02, 2018, 11:23:20 AM
 #1071

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
BigBrother
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September 02, 2018, 11:28:10 AM
 #1072

I would probably sell it. If it's a good coin, I would then buy it again when its price goes down. In this case, the main thing is not to be greedy. You can skip the price increase, expecting that it will grow even more, and then you'll regret.

Payme21
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September 02, 2018, 11:37:21 AM
 #1073

It all depends on what you were holding that coin for. Imagine that you are a short term investor and this opportunity opportunity presents itself, the best and easiest thing to do is to sell off.. At least part of it

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September 02, 2018, 11:59:39 AM
 #1074

for me if enough of the value of my coin is enough I'll get it right away so I will not lose money. so I can recover because I know the market value is not stable any time it can increase so if there is an opportunity to get caught up immediately.

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September 02, 2018, 12:03:21 PM
 #1075

It seems to me that it is logical to sell a coin if its price is growing strongly in a short period of time, since such an opportunity may not already exist. If you strongly believe in this token, then in the future you can buy it again, because the price sooner or later will decrease.


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123pogi123
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September 02, 2018, 12:03:54 PM
 #1076

You should not worry because your money is higher. If you think that you are doing the right thing to do so you can get more money to continue just because of the experiences we've had in earning you to learn how to get the right trading for more money to get.

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September 02, 2018, 12:15:35 PM
 #1077

if the overnight price has made 50% -100% you have to sell. Because crypto currencies are very unpredictable and volatile, it is better to use every opportunity and not greedy, expecting a more significant price.
Coin-1
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September 02, 2018, 12:52:59 PM
 #1078

I'm sure, I would sell all of these coins or tokens in this case, without variants. Honestly, I am not a HODLER at all, I am mostly a trader. I better will confirm my profit by buying other reliable and promising assets and will wait for the next dump and pump. Although I will first try to understand why this crypto currency is growing. Anyways, I think that +40% within one day is a fairly decent revenue.
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September 02, 2018, 01:36:47 PM
 #1079

most of the trader will be satisfy if they made 20% to 40% profit. but once you hodl, 1000% is possible. 
indopool
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September 02, 2018, 01:46:58 PM
 #1080

Such opportunities rarely appear, so don't think too much and don't be greedy, if it's already profitable for you to sell immediately! because this opportunity might not be long. The essence of keeping the cryptocurrency ultimately down to profit. Therefore, it is necessary to use such opportunities.
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