Which is easier? - page 6. | Bitcointalksearch.org

Hypnosis00

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Quote from: seleme on September 30, 2021, 04:45:16 PM

The question makes sense to answer especially during a bull market, we are supposed to wait for the ATH price for liquidating at least half of assets. Some guys still wait for the lower prices to enter the market because they missed the early train. I prefer to jump the bandwagon rather than waiting for further price drops to re-enter.

And they might keep wasting their time waiting for that moment.

Although there is a chance that the market will turn back to bearish, however, with the sentiment that we currently experience it seems less to happen this year, and we're not sure if it also will come next year. if we just have a plan to invest, why not today? Perhaps, the market price isn't too high, we can't find a perfect time to invest and that is why we don't need to waste our time either.

Woodie

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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?

To be honest with cryptocurrencies it's a different ball game, everything has to be infused together to give yourself a winning chance and winning strategy because the hype does come in handy quite often and no price action or technical analysis will anticipate such a move so let's not rely on one strategy alone.

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

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.

The only reason most people say this is trying to avoid buying at a premium when opportunities to buy discounted coins always present themselves to the patient buyers but if you don't mind holding and working around the clock then any buying strategy is okay..

seleme

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The question makes sense to answer especially during a bull market, we are supposed to wait for the ATH price for liquidating at least half of assets. Some guys still wait for the lower prices to enter the market because they missed the early train. I prefer to jump the bandwagon rather than waiting for further price drops to re-enter. Sometimes this strategy works while it can cost you a big loss depending on the market circumstances but it is worth trying rather than missing the whole train, IMHO.

lixer

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Quote from: rijaljun on September 30, 2021, 01:58:18 AM

It different for every traders I think. Some are good at predicting dips and some are good at going along with the hype, well I'm not really good at any of those sometimes when I see the price goes beyond 100% I buy it and it goes down and sometimes I buy at -40% and still goes down. I'm going to read some posts here I hope it would help me to distinguish how to buy at dip or how to buy at a hyping coin.

Every one loves to go with his own strategy because he feels better how to manage his funds, even mostly of peoples love to go with hype as it's works better than waiting for dip or take profit. Peoples those are in trading for some time they can understand about when hype is going in which side, so it's mostly works but experience is must in this case, and secondly it's not guarantee because you can lose as well this option always keep open for your all trades wide open.

Mostly now this works only with new projects because peoples have no idea about this all, and they try to take advantage through hype on solid and old projects, we have no benefit like this.

rijaljun

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It different for every traders I think. Some are good at predicting dips and some are good at going along with the hype, well I'm not really good at any of those sometimes when I see the price goes beyond 100% I buy it and it goes down and sometimes I buy at -40% and still goes down. I'm going to read some posts here I hope it would help me to distinguish how to buy at dip or how to buy at a hyping coin.

jaberwock

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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.

If you are going to be talking about price correction, then you should be talking about when that price correction is going to take place. Now price correction usually takes place after a bull run, and if you are going to be investing at that time then you should be ready to wait for years for the price to go for another bull run again.

Check for example, 2017 we had a bull run, and after the bull run there was a price correction, and for us to see another uptrend like that again we had to wait for like four years or more than that, which is the last bull run that we saw happen in 2021.

For me, I would say that you should always try to take any opportunity you see, if during the uptrend you feel that there is an opportunity for you to make profit, then it’s best that you go ahead with it. And also when there is a price correction you can also invest if the price is at its lowest,and you are ready to hold for long term.

24Kt

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Quote from: chaser15 on September 29, 2021, 06:57:39 PM

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.

I hope there's one that is easier. Cheesy

That's true that don't buy when the market is bullish but not all the time. There are times that we can still profit even by buying the bullish price. Profits will now be based on how good we are selling it and make another buy. There are lots of factors why the coin is hyped. That's what we need to research to analyze if we will buy the bullish price of it or not.

There's no easier route here because there are so many factors in play. Even experts or experienced individuals can't give you the right way to do things here. They may give pieces of advice but don't expect that it will always be the right one. The crypto market is a very volatile one. So it is really hard to tell which one will give you profit. Especially if we are talking with thousands of alts. Because if you will ride the hype, you may end up on the losing side if the team decided to dump their holdings, whereas, if you will wait for the dip, how do you know if the coin will go up again? What if the dip will continue to go down and will not recover because the team decided to abandon their project?

chaser15

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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.

I hope there's one that is easier. Cheesy

That's true that don't buy when the market is bullish but not all the time. There are times that we can still profit even by buying the bullish price. Profits will now be based on how good we are selling it and make another buy. There are lots of factors why the coin is hyped. That's what we need to research to analyze if we will buy the bullish price of it or not.

dunfida

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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 could between the two basing on the situation.As a trader or investor you should know on how to spot up chances or opportunities because this is on where you do really make out such step.

Both couldnt really be that easy because every step or move do really need up experience and knowledge.You might find it easy but when you are on the actual situation where you do need to enter or would

accumulate while its still cheap then it isnt really simple as it sounds and you would really be still on a hard situation.

TelolettOm

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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?

It's quite difficult, but for me personally, making profits.
I mean that making profits can be done every time we have a chance, in bearish or bullish, if we are consistent nd can read the graphic, at least we can take profits even small by small. We know that sometimes the price drops very immediately, but we have CL or SL feature to be used to minimize the loss and get another jump from trading other coins.
This may be very risky, trading is very risky, but we can continue by minimizing the risks with whatever that we want to be committed.
But sometimes, I am also holding some coins in order to hold, taking profits at higher prices.

Ziskinberg

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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.

The only difference is the time frame.
If you are short-term trading, riding the hypes makes you more profitable in a shorter time but the risk is so high. While buying on the dip had somewhat to wait for a few days in order for you to sell and make a proift unless if the price just recover after buying. But more often those people who buy during the dip are those who are long-term traders.

And to ask which one is easier? That depends on your perspective but for me, I'd come to buy during the dip.

goinmerry

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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.

If one of them is easier, we should see everything is a winner at every trend.

There's no easy profit. There's not even much more effective. It depends on our risk management and skill-related, knowing when to buy or to get out. I do both, riding with hype and waiting for a dip. To some altcoins, I will wait for the dip if the price increase is now at 100%. My risk management when riding a hype is only on a 30% price increase. Higher than that, I won't risk my money unless I see something good plans that might hype more a certain coin.

Luqman

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None is easier, both have difficulties and risks. But I prefer to trade by the hype, I mean I will buy a coin and trade the coin if there is good news related to the coin. I usually monitor some social media of several crypto coins, especially those trending coins. I prepare to buy the coin for day trading if I hear good news from their official social media. For example, if there is an announcement of trading competition of that coin, or burning program, or any other good news to come.

Johnyz

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Depends on your strategy but for me, riding the hype are more profitable especially if you got in early on the hype since waiting for the dip might take more time and you already lose bigger opportunity because of that.

You can just wait for the dip if you are late buying a specific project and its already on its peak. Always have a good strategy in buying and selling, its very important.

mdzahed134

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I think both of strategies are profitable just it depend on your timing. Up trendy and hype coin investment can easier to make profit in short term but on the other hand, it can bring high risks. I do a little bit of research before to keep up the hype coin flow because of any random coin i will never choose.

Alf_m.h

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Quote from: ?? on ??

Quote from: Alf_m.h on September 29, 2021, 11:48:49 AM

just give what is considered necessary, souvenirs are only to appreciate the distribution of knowledge, if you want to know more about what is good then you can contact directly rmhuntley
hopefully useful.

Everything you say is advice and clearly useful, but not everyone in this forum lives in the same place so it can be very easy to contact, for example like me who lives in remote areas who will not understand immediately if the learning is not face to face.

Are you serious, in the era of the internet, meetings are no longer face-to-face, you must know why Eric yuan became rich during the pandemic, now there are many meating applications such as zoom meating, Google Meet, Brave Talk, etc. You should also know that "BAT" is one of the Altcoins in the "Breve Talk" provider, but they are a few steps late with zoom.
maybe you can collect "BAT"
"Lives in remote areas is impossible to be active in btt"

Alf_m.h

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Quote from: bahagia93 on September 29, 2021, 11:14:31 AM

Quote from: Alf_m.h on September 29, 2021, 10:54:05 AM

you(OP) have to learn a lot from rmhuntley because I saw how he was careful to take care of his finances, he took care of his money like he took care of himself, if you (OP) are in doubt please go to his house to study hard, don't forget to bring souvenirs.

What souvenirs are suitable for you because I also want to learn about how to take care of my finances very well, because all this time I have also often been wasteful and have never even thought about protecting my assets.

just give what is considered necessary, souvenirs are only to appreciate the distribution of knowledge, if you want to know more about what is good then you can contact directly rmhuntley
hopefully useful.

LimLims

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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.

I guess both are somehow easier.
It all depends on the user and it’s necessity.
To be honest for me both are same too.
You don’t know when the hype is driving you and whether to get the coins or not.
And at last we will wait for the dip and buy accordingly.
So it’s always depends on user and it’s necessity.

bahagia93

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Quote from: Alf_m.h on September 29, 2021, 10:54:05 AM

you(OP) have to learn a lot from rmhuntley because I saw how he was careful to take care of his finances, he took care of his money like he took care of himself, if you (OP) are in doubt please go to his house to study hard, don't forget to bring souvenirs.

What souvenirs are suitable for you because I also want to learn about how to take care of my finances very well, because all this time I have also often been wasteful and have never even thought about protecting my assets.

Cling18

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I would rather focus on the basics which are to buy low and to sell high. By applying that strategy, we'll know how to deal with every market situation. We could sell during the hype and buy during the dip. Things will depend on how we take advantage of every market situation. It's hard to stick to a specific strategy because the market is too volatile.

Topic: Which is easier? - page 6. (Read 1056 times)