I am trading once in a while because I have coins in exchanges. Sometimes I buy and just wait the coin to go up in value before I sell, of course I know it is in dip. Now, which is better, set it to your expected price so that when it hit you sold? O wait for the price to go up and sell even if it did not reach yet to your target price? Thanks.
Both can be profitable and it depends on how you deal with it. Well I have a real job thats why I cant monitor the price regularly, one of the reason why I chose to be a long term hodler. I prefer to wait when the value reach my target price but there were times I also sell if I need money to spend in other things. I do both for a long-term and short-term because I think I can make a double profit for doing this and so far, I see my balance still increase although it depends on the price of each coin. but when all coins are up especially if bitcoin price is up, my balance is increased too and I think my strategy is working well for me. but I do daily trading too and I am only making small target of profit so I can increase my balance too.
