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Author Topic: What do you do when your coin spikes?  (Read 3342 times)
mammoniter
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February 25, 2019, 10:20:20 AM
 #421

It depends on one's personal preference. I usually set a value wherein I sell my coins and that is usually 50%. When the increase in value is 50%, I sell my coins right away but of course it depends on your personal decision.

Dilladupak
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February 25, 2019, 10:25:17 AM
 #422

if I think the altcoin I hold suddenly jumps, I think I will sell half of my investment in altcoins, and half I will invest in the long term.
fuer44
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February 25, 2019, 10:30:47 AM
 #423

jumped immediately, because in this bear market situation surges only take a few moments and then can go down again. therefore, when there is momentum the surge is immediately sold.

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sapnu
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February 25, 2019, 10:53:17 AM
 #424

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?
It actually depends on the person if he or she needs that money for something like investing or buying some stuffs, but for me i will still hold it until the value maybe become even tripled and thats the time i will sell it.
ObroQ
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February 25, 2019, 11:00:07 AM
 #425

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 mostly follow my instincts and try to "Predict" what's gonna happen next but that does not always work. Usually yes, i sell at peak and buy back at low but that was not always the case Smiley). You just have to know that any choice you make it's for your own interests and don't regret after selling/hodling.
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February 25, 2019, 11:01:57 AM
 #426

I think if I see the price of coins soaring, I think I'll sell it soon. Because for me this is also an opportunity to get more profits, because I believe that the development of krypto prices is now getting better every day.
Danda23
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February 25, 2019, 11:27:06 AM
 #427

Well this is a good question,  once I see my coin has spiked, if I can get at least  20 percent profit from the spike,  I would sell and then watch and wait for it's retracement then I buy back again while holding some profit.

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Jrfranco
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February 26, 2019, 09:55:40 PM
 #428

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 happenings might be the good indication of selling and getting the profits, remember that not all the times you can get a higher profits, so for me I would definitely sell, we could not predict as to when it could happen again due to its volatility.
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March 15, 2019, 03:06:59 AM
 #429

In many case many altcoin posible to going up to 100% just in single days, so when my coin spike 30%, i just use trailling stop to lock the profit so incase the price back going down i still make profit around 20% to 25%, but if the price keep going up i can make more profit.

GGmith
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March 15, 2019, 03:21:41 AM
 #430

I often do that without having to wait 30% of the increase in coins that I have, especially with the current market conditions that are not good, an increase of 10-20% alone is very profitable. even if there is an opportunity like that of course I will do it and buy back when the price drops.
dhiraj0977
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March 15, 2019, 03:23:51 AM
 #431

Whenever I tried to sell or trade, earlier or later always loose. I found trading is most difficult job in cryptocurrency, but I now planned to just hold them restricting selling when infrequent bump occurs. I decided to sell only when I get a chance to earn more than what I bought those coins, which will take a longer time with any next bull run as I bought all those when BTC is around $19000.  

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Nggedebus
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March 15, 2019, 04:16:01 AM
 #432

What i will do would be selling those coins, because it already been to long and so sad, when it sold if the price is spike then it would be the fixing of my economy and feeling after waiting for too long.
Cat Coin
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March 15, 2019, 04:34:42 AM
 #433

The market comes for profit, so it all depends on your strategy and your knowledge. If you work daily and follow the courses, then 30% is a good option, but always the decision is made in a particular case.

primeminer
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March 15, 2019, 06:16:04 AM
 #434

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?
there is a chance I will sell directly by selling when the price goes up, of course, I have made a profit. My goal here is to get profit so I will sell when the price goes up and wait for the price to go down and buy a good coin.
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March 15, 2019, 06:25:33 AM
 #435

of course I will immediately sell it, especially if I buy at a low price then from a 30% increase is a good decision to sell and this profit can be used as capital again to buy cheap coins, but unfortunately the current market does not support sales.

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March 15, 2019, 06:37:59 AM
 #436

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?
Just your coin immediately after seeing a price drop on the chart,because after a spike there will be a dump for sure so that peak can be the right time to make profits but it is impossible to predict the peaks so we just have to little smarter by choosing the next big profits opportunity.

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March 15, 2019, 07:32:06 AM
 #437

if my coin jumps up to 30% of the surge I will sell it, indeed I want a higher jump because I want to make a bigger profit, but I think if the market is currently in a bad condition and can go down anytime so it's better to sell even if it gets profit not in accordance with what I want. in the future I don't know the market will rise higher or it will go down further so take advantage of the jump rather than lose it.
humans will not feel enough if they are not grateful, so think again before you lose a lot.

Shatterlean22
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March 15, 2019, 07:33:03 AM
 #438

Its your decision if you want to sell off or not ,if you are satisfied with the 30% spike in price then no reason to hold back ,I've tried this in the past and it backfired ,after moving the coin to exchange dump takes place and I lost little due to transfer fee

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TheClownSong
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March 15, 2019, 08:01:12 AM
 #439

if my coin jumps up to 30% of the surge I will sell it, indeed I want a higher jump because I want to make a bigger profit, but I think if the market is currently in a bad condition and can go down anytime so it's better to sell even if it gets profit not in accordance with what I want. in the future I don't know the market will rise higher or it will go down further so take advantage of the jump rather than lose it.
humans will not feel enough if they are not grateful, so think again before you lose a lot.

My decision depend on coin that i hold. If the developers team looks solid and reach the roadmap, i will keep hold for long term. Its hard to sell in this current market condition because the price always volatile and i think making 30% is good to sell and realizing our profits
NightMar_1St
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March 15, 2019, 09:53:30 AM
 #440

I will sell 25% of the property. then buy it back if it drops.
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