You already listed one of the best strategies used in Bitcoin trading. Buying the dips and hodl, where you buy low and sell high. The only challenge in this method is that most times you might sell off too early and the market continues in buy direction. It's a general cryptocurrency strategy and is usually very profitable for long-term holders. Another best strategy used in Bitcoin trading is dollar cost averaging. This method, you set a particular amount of Bitcoin that you wish to accumulate for a long time. You don't need to wait for a dip to come before you acquire Bitcoin, you just continue to buy that same amount you have decided to buy, it might be monthly or weekly or any that suits you. This way, you won't be left behind on potential profits when the market decides to buy or sell as these movements are unpredictable and it won't much be your concern.

Your strategy ain't feasible because you can't really tell what's the real pump or the real dump.
This you said is just trading except you really good at it I would advice against it.
The strategy you trying to implement is one that breeds nocoiners.
Like Hatchy said, You can employ DCA and focus on a longer term of accumulation.
Trading mindset at such leads to losses because you may tend to sell when it dips than your dip
Or buy expensive when it rise than your sell.

And I would like to spend an intimate evening with Scarlet Johansson. Chances of you and me getting what we want is about the same (or maybe I even have a better chance). 

Joke aside, forget about this "buy low sell high" thing because in the vast majority of cases you will end up doing the opposite, resulting in you having less bitcoin than you initially had.


You can't be sure, there is no guarantee that bitcoin price will go up. Much bigger problem is that you probably won't be patient enough and will start panicing..

Bitcoin is best to be a long-term investment that you should build and grow overtime for your future, and it shouldn't be seen as what you buy and take profit every four years. This is because you will not benefit from the compounding effect of bitcoin overtime. Another thing is that you will not be able to have a good amount of bitcoin in future when the price will be very expensive, because you are after buying and selling for small dollar profit in every circle. Don't be a low coiner in future and regret your actions. Bitcoin is the future game changer.

theoretically and considering the ideal way most persons look at selling of one's bitcoin, the plan is always to buy low and sell high and practically if you can just buy low and comfortably sell high, that definitely is the best strategy one can adopt but when you consider that you are dealing with a volatile asset like bitcoin that can be really unpredictable, buying low and selling high isn't always as feasible as it looks.

the strategy that works really well regardless of the rate of volatility of bitcoin is buying for the long term and leave it without rushing to sell when you are in slight profit. bitcoin rate of volatility is not always too fast and so it might take a very long time before a bitcoin investment of say an $100 can do a three times profit over the short term. you just have to position your mind in such a way that you are sure that you are not investing to take profit for the short term and that will help you stay patient enough to remain invested for the long term. doing long term investment will also demand that you make use of the DCA method since you would want to get enough bitcoin stack that will place you at a good profit when the market gets a bit favorable for you.

there are a lot of proven strategy that works for different people based on how efficient you are able to implement it and how adaptive you can be based on the different market condition but at the end, you have to do what works for you and see that you are not losing in your investment.

You can hope that 4 years cycle still follow Bitcoin journey. Otherwise, you can use the buy low and sell high method so you can get the profit many times. But that will not easy because you need to have skills to analyze the price movements. But you can use DCA methods that you can apply for anytime so you can buy Bitcoin constantly until the time to stop is end.

We don't know if 4 years cycle will be there or not in the future. We can only try to accumulate more and more Bitcoin using DCA method. But if you are still worry if 4 years not there anymore, you can use buy low and sell high as I said. So when the situation is not good, you can stop what you do and save your money.

If you can buy low, sell high, you will get profit and it's good, not bad.

In a bull market, chances for buying low and selling high are a lot, but I understand your post about risk of failing to time the market. It's true, but if you don't target too high exit price, you will have good chance enough to take profit.

Generally, DCA is a good strategy and it's more helpful for long term investors who are less affected by short term price changes, in either bull or bear market. DCA strategy can help long term investors to average their entry price, and it gets benefit from long term bullish trend of Bitcoin.

https://charts.bitbo.io/yearly-candles/

Well since bitcoin is not a pump and dump garbage, you are out of luck and can't do any of that

But if you want to become a day trader who is selling on peaks of each rise and then buys back in the corrections then you have a very long road ahead of you because this type of trading is not easy and it has risks. You need a lot of work to gain experience in order to be able to read the market correctly and make the best decision in different situations that are unpredictable.
None of it is easy to explain though. It is valuable experience that can only be gained by actually doing trading for a long time!

@OP, in my opinion, if you are still a newbie into Bitcoin and not fully experienced with price movement and volatility of the market, it's better you just buy Bitcoin and hold for a long term investment. Before you can start making profit from Bitcoin daily price movement, you actually need to have a good knowledge about trading, that's when you can understand how the market is moving.

I believe the 4 years circle you are talking about is the halving period which usually give rise to the bull season, there's no way the circle will not repeat. We still have more halving to happen. So, if you are holding, you will still make profit.

Bitcoin has its unofficial power to dump altcoins and altcoins can not do anything against its effect from Bitcoin. 

Time the market, find the bottom and perfectionize entry are very difficult. Most traders can not do it, and I would like to change myself from a day trader with targets of doing these things, to be a long term investors. I learned that it is reallly hard from my experience and no longer want to challenge myself, waste my time for things that I failed to do many times.

It's hard to predict market price and time it correctly, but understand about market psychological cycle can help.
Psychology of market cycles.