Which is easier?

[rhomelmabini]

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.

[Orange89]

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

[sovie]

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.

[Fredomago]

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.

[ice18]

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.

[tiffcrz]

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.

[Wahyuihib]

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

[fauzan Ichsan]

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.

[bitcon]

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.

[Bollexz1]

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.

[livingfree]

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.

[South Park]

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.

[flip4flop]

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.

[lousie9]

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.

[Shasha80]

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.

[Slow death]

in the case of altcoins, the best option would be to buy when the price is too low, just for that the person does a technical analysis of bitcoin and then do a technical analysis of the altcoin that he wants to buy, if he realizes that he is in a good support zone where the currency it has a low price and has a trend reversal signal so the person can buy. a person can also buy when altcoin has good news, but it has to be news that makes a big impact on altcoin.

[Silver80]

in the case of altcoins, the best option would be to buy when the price is too low, just for that the person does a technical analysis of bitcoin and then do a technical analysis of the altcoin that he wants to buy, if he realizes that he is in a good support zone where the currency it has a low price and has a trend reversal signal so the person can buy. a person can also buy when altcoin has good news, but it has to be news that makes a big impact on altcoin.

Indeed, buying Altcoins during a correction is something to look forward to so there will be a lot of profit, but if you look at the traders they take advantage of the market at any time because they are looking for a day's profit, that's what is often done.

[jack wira]

For me, doing trading techniques with the two methods is the same as having risks, but in this case we need courage and a strong mentality, and be ready with all risks.
 But I will be ready when the price drops for me to buy it.

[maydna]

I think trading with riding the hype will be too risky, especially if he does not have a good internet connection that can support him to place buy and sell quickly. Perhaps, he should try to buy in a dip so he will not feel the rush to trade and he will have a chance to sell the coins if the price starts to increase. Trade with riding the hype can make him feel tired because focusing on searching for the time to place his order buy or sell.

[dezoel]

I certainly prefer waiting for the dip. I am not a trader though, I am a long term investor that trades rarely here and there. However when the price crashes, I get happy like a kid in a candy store. I actually do not have enough money, that is literally my initial thought whenever price crashes.

I keep feeling like when the price is low, I should just take a loan and get a bunch of crypto and most of the time I would be right to do so because it goes back up.

Think about how I could have gotten 100k dollars loan back when it was 30k dollars, I actually had that option, I was allowed to do so, there is a weird penalty for paying early, which means you need to pay a little more than what you got because of interest but not the full interest, so by this time it would be over 150k dollars and I would pay like maybe 110k or 120k hell make it 130k I don't care (I do not know how much you pay the loan back when it is early versus full) and I would be in big profit not, 30-40k profit at near 50k levels. However I won't do it, it is way too risky.