I have not been following Vertcoin, so take my advice with a grain of salt.
Generally though, it often happens that word of upcoming news will drive the price up. Then when the news almost hits the market, people start dumping. Why? The majority only got on, because of the news, so they are trying to cash out before everybody else.Of course, everybody else also thinks they are the smartest, hence the dumps usually start before the news gets out.
So my advice to you is to ask yourself why you got Vertcoin. Do you believe in Vertcoin's future and do you want to HODL it for a year?
Or are you just on Vertcoin because you saw it as a chance to increase your dollar amount in a relatively short time? If the latter is the reason, I suggest you get out as soon as possible since you already made nice gains. Or atleast set your stop-loss orders to prevent loss.
From my relative outside perspective, I don't see the value of Vertcoin retaining it's highs after the news. It will probably go down. But like I said, i don't follow Vertcoin and am basing this mostly on my general experience in the markets.
Stay safe and informed!
I would argue this wasn't even "the" news. That's coming when LTC and VTC complete their first atomic swap. Since the time can't exactly be predicted like a conference I expect the buying or selling to occur post-news. Buying if it's a success or selling if it fails. I think it'll be a success and will sell some of my VTC on the news. If it fails I'll take my lumps and move on. My 2 cents ;-)
Sounds like a plan to me!
Good luck! 👍🚀
Where does one get those little icons???
Shhhh! It's a secret: https://emojipedia.org/
It's easy just click the button and paste it onto the text field on Steemit. Wish it were a feature of Steemit itself, but this is the easiest way I found so far! 😎
Lol, thanks! 👍👍👍