I wanted to ask any professional traders or people with more experience what they do when markets stop moving and there isn't much activity going on. I realise this is a pretty noobish question but I'm teaching myself how to buy in a disciplined way because I've found I always keep making life harder for myself by panic buying into an altcoin. Do you think it's a good idea to just hang back and observe the prices rather than just rush in and wait for a sensible low price to pop up or is it sometimes worth the risk if you think there's going to be a surge of buyers coming in?
You can trade the small movements with an automated bot, which is impossible to do by hand. Or you can sit back, relax, and buy any dips. You also can use bitcoin for buying goods since the price is stable. What you definitely should not do - is stare too much at the charts because then you would be impulse-trading tiny movements, which are, all of the time, just meaningless noise. Set buy orders 10%, 20%, 30% below current price and you don't have to even look at the price for days.