When I talk with a person who is waiting for a drop in the price of altcoin, I try not to convince him immediately, but to begin with ask him clarifying questions. For example: Why is he so sure that the price will fall? Where did he get this information from? Can he trust those sources? Is he sure in his knowledge? How successful were his past deals? etc. As a result, in most cases people start to doubt their adequacy and begin to ask my advice.
It`s easy to understand the psychology of waiting, but there is a time to be patient and moments when you need to strike. People wait more calmly when they’re told that everything is OK, but each of us needs to answer on question "What I wait?" You can wait drop to buy more, you can wait top to sell, so it depends what you have, and what are your plans with your possession. Most people have one goal, that is making more money. Even that depends from individual plans, you can make money every day, or you can make a lot once a year, time is always important in trading when did you get in, when do you plan to exit. It`s hard to talk more specific about this topic, trading have so many ways and each ways depends from so many factors, I mentioned couple important ones and it`s your starting point, your capital, your wishes and goals, your knowledge and experience, and many other factors to be considered. To know what is the best for you, try to find answers in practice and trying things, but always have in mind more you plan more safer you are from losing money.
