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 have the same way as you in trading and always an investor after buying the price goes down again and need patience waiting for the price to come back higher. Don't hold back when buying a potential altcoin but you need to use stop loss when bitcoin is unstable and the price is really going down. I think so to maintain stability and potential in trading.
there is no way people "always" get a profit when they do the trading. they certainly will get some loss sometimes. if you still worry about "the price still going down", it means you didn't buy it when the price is really dip. i always buy some coin when the price is really dip, then stable for a few days. i don't buy it immediately when the price still dip. you have to monitor the price frequently, so you won't miss the pump moment and sell it in highest price.