Which is easier? - page 4. | Bitcointalksearch.org

Shasha80

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Quote from: livingfree on October 03, 2021, 04:59:03 PM

Quote from: Bollexz1 on October 03, 2021, 04:56:29 PM

Though I think buying in bear season is the best approach for Crypto investment but many traders still fear as they're not sure if the certain coin has dip to its bottom.

I have the same opinion.

Buying the dip is always been the best strategy for promising cryptocurrencies. There's a certain choice for these cryptocurrencies and what they'll be up next after they've pumped.

But sometimes, we're wrong with our speculations.

As long as we choose potential coins, buying when the price dips is the best strategy to do. If we predict wrongly and it turns out that when we buy
the coins the price goes down, we don't need to worry. Because of how deep the price of coins has fallen, for potential coins, the price will definitely
recover and we can make a profit. The key to successful investing in crypto is actually patience, so we don't panic if the market price falls after
we buy coins. We just need to be patient to wait for the market to recover and the price of the coins we buy can finally go up and give us a profit.

lousie9

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Buy low sell at high price which is the basis of the trade so we make profit and as long as I trade the market always wait for the bear market and there I start shopping and leave it until I get back the Crypto hype and when the time comes then I start selling some assets for getting the price which is good because they just wait and be patient to hold the asset and need to know that all the methods used are very different, so my advice is to make your own trading pattern because if we do it ourselves then we will be more satisfied doing it because crypto prices are very volatile.

flip4flop

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The easiest thing to do is set support and resistance levels that way you are not buying or selling in the middle of key zones. This will help you avoid potentially buying near the top of a key resistance level and then watching price get rejected and possibly dipping down quite a bit. Wait to see if there is a breakout and then enter with a tight stop or if price rejects buy at the next support level.

South Park

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Quote from: stadus on September 27, 2021, 09:55:49 AM

To those who are trading consistently, I would like to ask you based on your experience.

Which is easier in making a profit, riding with the hype, or waiting until the price will dip?

Most people say that don't buy when the market is bullish, just wait until there's a price correction and the price will dip.
So with your experience, I like to know which is more effective between the two.

There is not a simple answer, for example if we see a coin going through a bullish phase then we need to wonder why that is the case? If it is because the coin is going through some fundamental shift and this is why it is going up in value then buying when the value is going up still makes sense, however buying when the coin is going up and there is nothing but hype surrounding that growth then to me that is a mistake and you will eventually pay for it, and in those circumstances waiting for the dip is wrong as there are no guarantees that the coin will recover at all.

livingfree

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Quote from: Bollexz1 on October 03, 2021, 04:56:29 PM

Though I think buying in bear season is the best approach for Crypto investment but many traders still fear as they're not sure if the certain coin has dip to its bottom.

I have the same opinion.

Buying the dip is always been the best strategy for promising cryptocurrencies. There's a certain choice for these cryptocurrencies and what they'll be up next after they've pumped.

But sometimes, we're wrong with our speculations.

Bollexz1

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Though I think buying in bear season is the best approach for Crypto investment but many traders still fear as they're not sure if the certain coin has dip to its bottom.

So for somebody like me, I don't really wait in most cases for market reaction before investing into any coin/project. After all, I always invest for long term and not short term profit taking.

bitcon

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Quote from: stadus on September 27, 2021, 09:55:49 AM

To those who are trading consistently, I would like to ask you based on your experience.

Which is easier in making a profit, riding with the hype, or waiting until the price will dip?

Most people say that don't buy when the market is bullish, just wait until there's a price correction and the price will dip.
So with your experience, I like to know which is more effective between the two.

Personally I think that waiting for a dip is easier. It is a long-term strategy when you buy on drawdowns and then hold averaging your price on new dips. If such conservative strategy suits you, you can use it, but if you want to be an active trader, then you can try to buy on a bullish market.

But actually it is not always easy to guess a trend and judge when the end of the current hype, but this strategy is more profitable I think. Cool

fauzan Ichsan

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Quote from: ice18 on October 03, 2021, 01:31:47 AM

Riding the hypes sometimes really effective and more profitable, but you must know your limitations, you must learn first how to take profit, the more greedy you are the riskier it is, taking profit along the way is also a good option, if you know how to ride the hype you must also know how to manage it to avoid unexpected losses.

very risky thing driving the hype, but if we can control the psychology, I think it will be easier to make a profit quickly. Greed is not recommended in this strategy, because in the end we will actually experience a panic sell when the price drops again, thus disturbing our psychology.

Wahyuihib

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Artemis

The purpose of trading is to make a profit. therefore when the price is down, that's when I make a purchase. so when I make a purchase when price drops, then I will wait until I get the right price to be able to resell

tiffcrz

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Quote from: stadus on September 27, 2021, 09:55:49 AM

To those who are trading consistently, I would like to ask you based on your experience.

Which is easier in making a profit, riding with the hype, or waiting until the price will dip?

Most people say that don't buy when the market is bullish, just wait until there's a price correction and the price will dip.
So with your experience, I like to know which is more effective between the two.

You should always analyze certain altcoins first before making any move. I too usually look at the top 10 - 20 lists in CoinMarketCap for high potential coins that might catch my interests. But it doesn't end there. You can also find some hidden gems hovering around just outside of the top 100 or 200. All you have to do is do extensive research about that coin. This is where I discovered STAKENET and its native currency XSN. I'm extra bullish on this one. This coin is just waiting for its time to shine. Has powerful technology behind built by a team of professionals.

ice18

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Riding the hypes sometimes really effective and more profitable, but you must know your limitations, you must learn first how to take profit, the more greedy you are the riskier it is, taking profit along the way is also a good option, if you know how to ride the hype you must also know how to manage it to avoid unexpected losses.

Fredomago

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Quote from: stadus on October 02, 2021, 04:27:31 PM

Quote from: sulendra12 on October 02, 2021, 12:29:33 PM

Quote from: stadus on September 27, 2021, 09:55:49 AM

Which is easier in making a profit, riding with the hype, or waiting until the price will dip?

In terms of which one is riskier, I would say riding with the hype has the most risk you could ever imagine. Sure, by waiting for the hype starts could give you big potential of profit because everyone will looking at certain coins and will do anything to get profit from there but that means those coins could also fall into dip because of some reasons as the price could easily get manipulated by certain people.

Waiting until the price is dip which means low enough for you to buy it and then sell it once it reaches your goal, if you are going to do the normal one then you should do it as long as it makes you comfortable and doesn't stressed you out. I would prefer the latter than former but if I was brave enough, I would take the first one.

Great explanation, I guess most of us are brave enough as we like to play the hype, look at the market increment during the bull run, the trading volume would increase significantly and the price of crypto assets will also soar at the same time, it means that fresh money are coming in and the hype is very effective to cause a bull run.

Good to point that out, with the hype interest are really in height, there are more people who see opportunities and start to bring new investment to this market.

If you are going to analyze the situation, you'll be able to find this information as a good basis to see if it's already bringing a decent amount of money to pump the market and if it's going to give you potential profits with your chosen assets to invest.

All will end with how you will manage to anticipate what the market is giving you.

sovie

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Quote from: rhomelmabini on October 02, 2021, 04:44:04 PM

On my point of view I think waiting for the price to dip though it will sti be risky as we don't know if the market will shift after a dip but it's the basic thing. Just a piece of advice that don't go all in on every dips it should be worth noted that you can DCA on the way down since going all-in will just make your pants wet if the market tend to goes down that you never expected. I'd say DCA even on what market it is and have a long term vision in regards to your investment.

If you are good in trading (or luck favors you all the time) then one may take risk of flowing with the hype. If I talk about myself then I wont take risk of going with the hype, as it always give me negative results. I tried once in current bull run but I ended up in loss. So I am not investing anything right now, just waiting for the next dip to buy. DYOR before you make any decision.

Orange89

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Both are valuable but it is easier to make the profit in hype according to me as nowadays we are seeing Nft is on trend and it give us huge profits . On the other hand I will not considered to wait for the price to fall down instead I go with what's trending and book my profit if project overall supply is low and team is good then I may considered it to wait for the dip to buy a token, as recently I had buyed PLUTOS token at about 0.2$ and now it was around 1$ at last both are good but in term of buying in dip and hold you need to wait to gain profit
But in hype you can get instantly profit

rhomelmabini

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Quote from: stadus on September 27, 2021, 09:55:49 AM

To those who are trading consistently, I would like to ask you based on your experience.

Which is easier in making a profit, riding with the hype, or waiting until the price will dip?

Most people say that don't buy when the market is bullish, just wait until there's a price correction and the price will dip.
So with your experience, I like to know which is more effective between the two.

On my point of view I think waiting for the price to dip though it will sti be risky as we don't know if the market will shift after a dip but it's the basic thing. Just a piece of advice that don't go all in on every dips it should be worth noted that you can DCA on the way down since going all-in will just make your pants wet if the market tend to goes down that you never expected. I'd say DCA even on what market it is and have a long term vision in regards to your investment.

stadus

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Quote from: sulendra12 on October 02, 2021, 12:29:33 PM

Quote from: stadus on September 27, 2021, 09:55:49 AM

Which is easier in making a profit, riding with the hype, or waiting until the price will dip?

In terms of which one is riskier, I would say riding with the hype has the most risk you could ever imagine. Sure, by waiting for the hype starts could give you big potential of profit because everyone will looking at certain coins and will do anything to get profit from there but that means those coins could also fall into dip because of some reasons as the price could easily get manipulated by certain people.

Waiting until the price is dip which means low enough for you to buy it and then sell it once it reaches your goal, if you are going to do the normal one then you should do it as long as it makes you comfortable and doesn't stressed you out. I would prefer the latter than former but if I was brave enough, I would take the first one.

Great explanation, I guess most of us are brave enough as we like to play the hype, look at the market increment during the bull run, the trading volume would increase significantly and the price of crypto assets will also soar at the same time, it means that fresh money are coming in and the hype is very effective to cause a bull run.

sulendra12

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Quote from: stadus on September 27, 2021, 09:55:49 AM

Which is easier in making a profit, riding with the hype, or waiting until the price will dip?

In terms of which one is riskier, I would say riding with the hype has the most risk you could ever imagine. Sure, by waiting for the hype starts could give you big potential of profit because everyone will looking at certain coins and will do anything to get profit from there but that means those coins could also fall into dip because of some reasons as the price could easily get manipulated by certain people.

Waiting until the price is dip which means low enough for you to buy it and then sell it once it reaches your goal, if you are going to do the normal one then you should do it as long as it makes you comfortable and doesn't stressed you out. I would prefer the latter than former but if I was brave enough, I would take the first one.

zulfi125

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The most successful method is getting good profit waiting for price dip and dip of crypto is a good time to buy and if ridding to the hype of any altcoin will give big loss when hype fill is finished and price of altcoin will be a dump.

Rufsilf

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Quote from: stadus on September 27, 2021, 09:55:49 AM

To those who are trading consistently, I would like to ask you based on your experience.

Which is easier in making a profit, riding with the hype, or waiting until the price will dip?

Most people say that don't buy when the market is bullish, just wait until there's a price correction and the price will dip.
So with your experience, I like to know which is more effective between the two.

Riding with the hype or waiting for the market to dip? Those two choices have their own profit depending on how you handle your portfolio. Just bear in mind that those choices also have their own share of risks that's why you need to study how the market lives and choose when is the best time for you to ride the bull or to buy/sell.

Here are some advice I saw on youtube that also helped me avoid future mistakes.

https://m.youtube.com/watch?v=BWnV10hzzzw

imstillthebest

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Quote from: dimonstration on October 02, 2021, 11:10:03 AM

Quote from: imstillthebest on October 02, 2021, 11:02:08 AM

im not trading consistently but i think it will also depend on the coin like if it was a meme coin and it was their season then you must ride the hype because theres a big chance that they will increase and theres a chance that they will not recover anymore if you wait for them to go down because thier season has ended but for the coins that are not seasonal like for example bitcoin , its safe for them to wait for the dip before buying and hodling .
its also a matter of choice , some just go with the flow but some follows the golden rule buy low sell high .

At this time wherein crypto users and investor where too active and many we must find ourselve updated in whats happening with our coins, unlike before that we can hold them long till they pump, now its quite hard to do as the market keeps growing , new coins keep coming and old coin loses their value so trading as much as possible and studying the market will be the best option rather than holding too much. Taking profit and having stop loss is a must.

yeah active because most of us are now staying at home , we can now watch our porftolio more often and we can trade them if we get a good oppurtunity . having a frequent access to your portfolio makes it hard for you to hold for too long because your tempted to sell .

new coins could come and go but its not true that old coins losses thier value ( maybe to a few that arent performing well ? ) but i like some tips that your provide . indeed that studying helps tho it shouldnt be limited in the market only

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