Trading the pumps and dumps.
January gave much hope to the crypto market (or maybe the TRUMP factor or whatever it was), Bitcoin scaled to new heights and the suit followed by majority of the Altcoins where all of them have some "green" area. Many of the crypto veterans took this opportunity to get out of their positions, book their profits, and maybe in the current time they are planning or maybe already reentered the market and if some "bull" activity happen in February then can again "rinse and repeat" the whole cycle and keep earning the profits.
Trading the pump, build your capital.
I can acknowledge from my experience as a newbie, you always miss this opportunity, the more "green" the market goes, the more you start wishing to go more "green" instead of acknowledging the fact that it is the time that you should part away from your investment and do not wait for to go further "green" and "green". One thing that should be clear is that "profit" is always "profit" and the market goes on a cycle to give you the opportunity to "invest" this profit.
Trading the dump, invest your capital.
This is the most "riskier" area, because when you are in bull run, whatever you buy, it is going to increase on value and you start feeling like a winner. In bear market, if you keep buying on the dip and it keeps dipping then it can give you an utter shit feeling and it becomes very important in the bear to pick up the "right" and "good" choices. Bull market can cover up your mistakes but bear market punishes the hard.
You cannot time the market but maybe yes.
There is famous saying that says you cannot "Time the market" but "Time in the market" pays. Basically, it meant that predicting the "Highs" and "Lows" of the market is impossible, so a steady investment should be made on all conditions of the market. In the long run of time, market always given the favorable results.
Ok, let buy the dip.
So I did not actually purchased the "dip" but using my gut feeling that Hive might easily recover at least 10 to 15% of value in next coming days , I rebalanced all my DEC position to Hive.
Frankly speaking, It is hard to predict this is good decision as of today or in coming week, but it is not hard to predict with Hive and market pumping time to time, this move will probably generate profit in long run. So here "Time in the market" will give me the opportunity of profit, "Trading the pump" will give the actual profit and "Trading the dump" will prepare me for another profit cycle.
PS: I got inspiration of this post heading from @ph1102 post and its comments section.
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