What do you do when your coin spikes?

[jakiro.hovard]

I probably do not quite understand the meaning of the word shipy, but still it seems to me that this should worsen the mood of people, because as I understand it is not good value for the token.

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[Azzam Khalif]

If the coin I hodl suddenly experienced a considerable increase. If you have reached the target I want, then I will sell quickly. then I'll come back later when the purchase price back down.

[judyrob]

30% is already rising high enough. However, better search knows first cause of the increment to wait whether decisions that would like to take. When there is no good news then selling alone and wait to buy more when the price back down. But if there is indeed a great news there may be the opportunity to ride longer and better wait.

[Matteo.b]

I always take note to the characteristics of a coin if rather rise some percentage i automatically sell half of my coin. The excess should be run for holding wait for bull run of prices. Make your own strategy to gaining more.

[Torbeks]

If it jumps up to 30%, I won't hesitate to sell it. I prefer to earn on a daily or weekly basis than take risk and hodl for months without income. I always tell my friends that if they are happy with the price, they can sell it rather than monitoring the price everyday waiting for a miracle to happen. Hodling for months is tiring and can consume some of your happiness if you let it affect you.

[Promitestake]

For a trader it'll be lots advantage, buy and selling will be precise, for holder, it'll also be desirable choice. but as for me if coin am protecting leap, will should exchange it to both bitcoin or ethereum. because those are two coin that dictate price increase for all different cash.

[feelideb]

Well, for some people, thirty percent jump is something and they most likely going to sell and get profit. But some others, thirty percent does not justify their effort and they are likely going to ignore and wait for better valuation.

[bce]

Suddenly increase 30% value not a big thing in cryptocurrency investment, so I won't do anything, if my holding coin suddenly increase at least 200% of total value, then I'll sold 50% of my total holding and buy back when price fall back again

in my opinion you are an investor who is good at taking advantage of opportunities and reading situations and situations, indeed investing in crypto currencies requires thinking in making decisions in investing

[cfif123]

Personally, I adhere to a strict strategy and sell my coins only when they have risen above 50% of the original value.

I was also because that was the strategy I used too, the important thing is to sell the coin to get that profit was grateful even though the coin that I held experienced an increase of only a few percent

[dongyi17]

  Well its depends on you... and it also depends on how much its spike out if I think the value is enough then I go for it but if not then I keep holding it..but sometimes when you thought is already been good there comes another spike but sometimes its the opposite of what you expect...I guess it is matter of timing and good condition of cryptocurrency.

[South Park]

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 really think there is a correct answer, and the correct answer to that is to watch that coin very closely, when that happens you could be tempted to sell as soon as possible and claim your profits but you could be missing a huge bull run and you do not want to do that, so when you see your coins spiking that way you need to concentrate all your efforts in that coin, so you can maximize your profits.

[mdgabrielzim]

I do what everyone else does, sells hold the coin down and repurchases again. This question is a bit obvious.

[Redhead5]

Well its depends on you... and it also depends on how much its spike out if I think the value is enough then I go for it but if not then I keep holding it..but sometimes when you thought is already been good there comes another spike but sometimes its the opposite of what you expect...I guess it is matter of timing and good condition of cryptocurrency.

For my own opinion if my coins will spikes and meet my expectation price then I have no doubt to sell it for us to gain profit, rather than waiting for another chances of spikes that not really sure how big it is and when will be the exact time that it will be happen. So it is a matter of your own decision, to wait or to grab!

[Britanshio]

I'm not a greedy person and so if the price of coins has significantly increased, then I sell the coins and wait for the price to fall again.

Yes, if we encountered bull run market I rather not to greedy selling my coin and my strategy is to hold for a couple of months or year until it will explodes again in higher prices, for now I rather to buy more cheaper coins.

[mrcastelo]

It depends on how high the spike is. If the price already reach the target then I sell my coins if not then hold. I only go for long term if the coin has a good roadmap  but if not I usually go for buy low sell high.

[manojpatelme]

I generally take my initial investment out when any of my holding coins more then 30-40% and hold the rest and buy again if it comes down.

[Orenonex]

As for me, it is better to sell it and then try to buy again. Of course there are such moments when you are trying to buy for the same amount you sold))

[Bomber007]

I always have a set target for every coin am.holfing, if it doesn't hit that target, I keep holding, but holding is a word I use loosely because I do not just hold tokens in a wallet, I keep swing trading it to increase the number of tokens, basically riding the dips and pumps.

[Diva1993]

I always sell when the coins am holding spikes in price, unless the price spike is less than my buy price, then I would keep holding, I buy most of my tokens for profit and once I see that profit, I sell them off.. but normally it it's a valuable coin, I usually wait for the price to fall again and then I buy the dip and keep the profit I made.

[bdc2343]

I do not understand the implication of this question, but if there is a day like that I will have two more decisions: one is waiting for it to rise, then I wait for it to raise the highest price then sell  , and two I sell it away, do not waste time for me .