Post
Topic
Board Altcoin Discussion
Re: What do you do when your coin spikes?
by
Vanshenz
on 22/02/2019, 05:51:18 UTC
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?
if I were in a position like that, then I would immediately sell it because 30% is already a big profit, then if it turns out the price of coins is increasing, then I will buy it again even though the price doesn't decrease, what matters is I see good potential to get greater profits.