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Author Topic: Which is easier?  (Read 967 times)
fuguebtc
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October 01, 2021, 02:44:58 PM
 #81

Both can make a profit, if you are a risk-taker, you can be going to with the hype. The hype really brings huge profits but it comes with risks if we choose the wrong project scam. If we wait until the prices drop and sell when they go up then we need to be patient and control our emotions, have a specific DCA plan for when a drop occurs and wait patiently for it to rise.

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October 01, 2021, 02:51:36 PM
 #82

Which is easier in making a profit, riding with the hype, or waiting until the price will dip?
If it's a project with usecase/utility, just take your entry at once. Even if it dips further after you've bought in, it will definitely rise back. In fact, it's best to only invest in tokens/coins with real life utility and not those whose teams build castles in the air. Another thing a lot of us miss is waiting for a dip. No only truly knows where an actual dip is. Trading is a speculative business. We can only use indicators to mitigate losses by trying to pick a more convenient entry than we would see without the indis. Of course, we know that certain times price breaks these indicators and form a different pattern from what is envisaged. Whatever you do, stay only with credible projects and you won't regret at whatever price you get in.

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October 01, 2021, 03:18:14 PM
 #83

My experience is that buying digital assets when the price is cheap is highly recommended. Generally, you can take advantage of stagnant and bullish market conditions. Where, the moment of take profit action makes asset prices decline and investors can enter the market.
The strategy of buying when the asset price is cheaper involves chart analysis, short-term and long-term average price movements. As well as historical support trends, and gradual buying.

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October 01, 2021, 04:12:27 PM
 #84

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.
As for me, riding the hype have the most risk of them two. Its better to buy the dip compare to riding the hype due to corrections that might happen. Aside from that, big opportunity comes to those who bought the lows rather than those who bought at the hype. Projects that have real life utility are the best ones to be bought in terms of red market. They eventually and proven to rise even without the hype unlike those meme coins out there. Projects like DeFi also has a place and those projects like GOMT who's trying to change how consumers of meat experiences.
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October 01, 2021, 04:36:47 PM
 #85

None of them is easier. All of them come with risk. If one was easier than the other, everyone would be doing the "easy" one. You can ride the hype and make some quick profit. But there is also a high chance the hype may die sooner than anticipated or you have joined during the wrong time. You end up losing everything. And another thing, its easy to say "buy the dip, sell when its high". You won't know if have bought during the right dip. You never know if the price will go back up from the dip. The best way (less riskier way) to do is to buy good coins and hold them till you reach your profit goals.

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October 01, 2021, 04:52:07 PM
Last edit: October 06, 2021, 11:43:41 AM by dbc23
 #86

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.
Waiting until the price reaches the dip again, the logic behind the Market is buy low and sell high. Following hype might be deceptive and you might end up buying due to an over hyped token or coin and end up running on a straight loss except for some special coins or token but for new ones with good projects just buy low and sell high
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October 01, 2021, 04:53:28 PM
 #87

I am not the one making profit with my crypto trading but going with the hype is much more rewarding in my experience. Buy on a rising market and sell and watch on a falling one.
You buy and sale and keep buying and selling on a bull market while you stop loss and get out in a bear one. The only thing wrong with buying on dip is you never know how much time it would require it to go high or how low it's going to go.

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October 02, 2021, 03:44:32 AM
 #88

I think both of them can work well and make a profit but by looking at the situation and market conditions. When the market is bullish, you should not be careless and expect big profits. Easy or difficult a strategy is up to you to decide for yourself because it all depends on your comfort when trading. In addition, all strategies actually also depend on how you control your emotions, it's useless if you already have a strategy but can't hold your emotions well.
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October 02, 2021, 03:59:42 AM
 #89

I am not the one making profit with my crypto trading but going with the hype is much more rewarding in my experience. Buy on a rising market and sell and watch on a falling one.
You buy and sale and keep buying and selling on a bull market while you stop loss and get out in a bear one. The only thing wrong with buying on dip is you never know how much time it would require it to go high or how low it's going to go.
therefore we must know the support area as a foothold when the market is experiencing a decline. from the support area we can make a purchase, and when the price declines again and penetrates the support limit, then don't hesitate to make a cut loss, and we wait for the next support area to buy. different from investment, where we divide the capital to make purchases at several supports that we specify

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October 02, 2021, 02:17:54 PM
 #90

I am not the one making profit with my crypto trading but going with the hype is much more rewarding in my experience. Buy on a rising market and sell and watch on a falling one.
You buy and sale and keep buying and selling on a bull market while you stop loss and get out in a bear one. The only thing wrong with buying on dip is you never know how much time it would require it to go high or how low it's going to go.

And you also don't know if the timing is already on the dip or it will go fall for more.

Buy and sell is a good way of trading if you know the right time and right asset to invest your money.
In your experienced, buying when the project still on hype and sell it before the market falls,
just like how to buy low and sell high.

Buy if you have a good chance while the market is down, even it takes some time but the potential is very high..

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October 02, 2021, 03:47:45 PM
 #91

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 can't deny that in these choices We can all get profit whether riding with the hype or price will dip.
And of course, this will depend on your type or like between the two anyway. So, in my experienced, I always go
if the price will dip, its very seldom to me to ride with the hype scenario.

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October 02, 2021, 03:55:15 PM
 #92

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 don't think you should be concerned about which is more effective but choose the one that works best for you instead, I find buy low and selling high a better effective way of making money in this bull season and my favourite coin is BNB NEO and other NFT projects, you got to take a step then you will know Which one works best for you.

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October 02, 2021, 04:02:08 PM
 #93

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  .
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October 02, 2021, 04:10:03 PM
 #94

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.

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October 02, 2021, 04:18:49 PM
 #95

Never forget that there is always a new drop after you drop but agree with you is to buy altcoins or bitcoins with a drop, just wait a few days or weeks to sell at a higher price. I have the same way as you in trading and always become an investor after the bid price drops and need to wait patiently for the price to come back higher. To trade profitably, I think only those who are patient enough and wait to get high profits. If you store it for a long time, it will definitely be profitable in the future.

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October 02, 2021, 04:45:43 PM
 #96

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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October 02, 2021, 04:52:47 PM
 #97

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


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zulfi125
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October 02, 2021, 05:10:08 PM
 #98

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.

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October 02, 2021, 05:29:33 PM
 #99

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.

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October 02, 2021, 09:27:31 PM
 #100

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.

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