I recently have problem with buyback. Before, I think aiming for higher profit is the best, but when I don't sell it, the price is bouncing and it go down again. So I think another way to gain profit by buying back when the price bouncing.
What do you think? And what do you prefer, buyback or hold?
as a trader when price is dropping you should never hold because you will end up losing a lot of money and before you know it, it will be too late to do anything else but hold and continue losing money.
what you should do is to sell as fast as possible. as for buying there is always a good window of opportunity to buy before the rise/dead cat bounce/recovery/... ends. you just have to either watch the price or set up some alerts if you can like using a bot or an online service and then jump on board and buy when you notice the signs of that rise happening.