I am trading once in a while because I have coins in exchanges. Sometimes I buy and just wait the coin to go up in value before I sell, of course I know it is in dip. Now, which is better, set it to your expected price so that when it hit you sold? O wait for the price to go up and sell even if it did not reach yet to your target price? Thanks.
You are typically explaining buying low and selling high which i think most short term investment holders engaged themselves, but i prefer holding my coin for a long term before selling . long term traders incur much fewer trading fees, since positions are held for a long period. Short term traders see long term investing as boring, and quite frankly, thats just fine for most traders, especially inexperienced investors. However, even many very experienced and professional investors buy in to the long term strategy.