Post
Topic
Board Altcoin Discussion
Re: What do you do when your coin spikes?
by
imsotiredofmoviereboots
on 15/03/2019, 12:48:02 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?

For me, at least 50% gain is the time when I sell my tokens. Any sudden jump in price is always the best opportunity to make profits and I usually sell 60% - 80% of my holdings. But there are certain situation that a token gets favored that it spike can last for 1-2 weeks. I hope it'll happen again this year because it's been a long time.