What do you do when your coin spikes?

[Shadovka]

I'm just looking for the opinions of others really, there's no right or wrong answer to this question.
What do you do when a coin you're holding suddenly jumps up by like 30% or whatever? do you try to sell at the peak of that spike and buy them back once it's gone back down again? or do you just keep on hodling?

That will depend on my portfolio for me to make my adjustment. For example if i invest a big amount in it i will tend to scale down 10-20% to go into another coin or back to my portfolio.

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[kiwoh123]

I'm just looking for the opinions of others really, there's no right or wrong answer to this question.
What do you do when a coin you're holding suddenly jumps up by like 30% or whatever? do you try to sell at the peak of that spike and buy them back once it's gone back down again? or do you just keep on hodling?

I will sell my coin because the profit on that time is more realistic.
and we don't know that next year there will be an increase or decrease so profit at that time is a good choice.

[celot]

I faced with the same problem always where many time I buy wrong coins because have lower price, I keep holding and never sell at lower price because I have optimist price will back again to higher price.

[reza7777]

just according to if only a 30% surge is not too big and I will keep holding until I get more profit because after a 30% surge the coin will experience a higher surge maybe up to 300%

[wumBowo]

as for now, if i got my coins jumped to 30% i will sell it immediately.
Especially if there actually no significant news on those coins, since it might be only a Pump and Dump Scene

[Caladonian]

someone who holds it must have a price target and if you feel you are lucky then sell it because the purpose of holding is to make a profit, but it all depends on each. but if that happens to me then I will sell it with a smile and think again when it's time to buy again.

Its should be, when you already reached your target due to the spike never to hesitate to take the opportunity, most of the time holders got trapped when they become greedy, set your goals and keep your mindset free from any doubts, spike that can bring profits must not let go, there's a lots of things that
needed to learn from this industry, always be ready and willing to adopt.

[sell my ac_________nt]

In investing, it is very important to have an investment goal. Determine the level of income you want and place sell orders. This way you don't have to constantly monitor the market.

[levvv]

When my coin value spiking in the market, usually i will try to find what is the reason before i decide to sell it.
If it just because temporary pump, i won't even bother it. But if it is because the development of the team, i will keep monitoring,
or maybe i can decide to buy more.

[Mianae]

The first thing I do is take n profit because after each spike comes either dump or correction stage. If I still want to be in such project I use my profits to take some new positions. It's always better doing so.

[Natalim]

The first thing I do is take n profit because after each spike comes either dump or correction stage. If I still want to be in such project I use my profits to take some new positions. It's always better doing so.

That's wise, at least if the price will go down, you will not loss anymore since you already have taken your profit.
It's being wise and not being greedy, we need every investor to do that, because as what we observed, because of greed a lot of investors regret not selling during the last bull run.

[sempak]

of course sell it, but indeed already done a count and it is your target to make a sale because we know that at this time orango people are waiting for an increase from the market

[babicena14]

As my personal experience shows, if the value of the coin jumps by 30%, then it has the potential for more growth, so I will closely monitor the rate of this coin. For example, recently we could see how the value of the BTMX token is growing, many people sold coins when their value increased by 80%, to date, their price has already increased by almost 200%.

[Litzki1990]

When i see my coins is going to spikes it all depends of my decision or strategy how much is my goal of earning profit before i am going to sell my coins, we should be more observant the flow of prices maybe after spikes it will go down.

[zikzag]

I will keep all the coins that I have until the end of 2020. I think that at the end of 2020 everything will go up again.

[boazsalosa]

As my personal experience shows, if the value of the coin jumps by 30%, then it has the potential for more growth, so I will closely monitor the rate of this coin. For example, recently we could see how the value of the BTMX token is growing, many people sold coins when their value increased by 80%, to date, their price has already increased by almost 200%.

It is indeed rare for such a coin like BTMX, what if the 30% increase is just manipulation then sell quickly before going down again.

[cytpoway121]

I'm just looking for the opinions of others really, there's no right or wrong answer to this question.
What do you do when a coin you're holding suddenly jumps up by like 30% or whatever? do you try to sell at the peak of that spike and buy them back once it's gone back down again? or do you just keep on hodling?

The joy of a spiked coin is unexpressable and i don’t think a large percentage of investors can always sell at the peak of a spiked price

So whenever you are in profit, cash out your profit
Then move on

[coinbirds]

If a coin spikes I am selling  and taking the profit.
Of course selling only a part of my holdings and trading with it.
When it dumps getting back may coins.

[Akoldi_ibk]

I learn the hard way when I refused to sell during the last bullrun thinking market will always be rosy. A little spike at this point, I take my profit and move on or wait for dip to buy in again.

[belli4388]

if any altcoin in my possession rise in value of 30% i would try to sell it immediately, as soon as possible with the certainty that later in time there will surely be the possibility of repurchasing it at a much lower price

[ConvallAria]

30% is a very big profit for today's market. I would be very happy if some coins in my portfolio gave me such a profit. I would sell.