Post
Topic
Board Altcoin Discussion
Re: What do you do when your coin spikes?
by
Choyor
on 18/03/2019, 14:35:11 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?
All depends on the target and scheme of each individual coin holder, if the achievement of a price increase of 30% and that is a target of the coin holder, then most likely the coin holder will sell their coins. For me personally if there is an increase in price then I will sell approximately half of my coins and I will buy it again if the price drops again someday.