I prefer getting the piston to top dead center on the compression stroke at once. If you search "companion cylinder valve adjustment" on this site, you'll probably find the procedure I recommend- - - -I've posted it several times and it's effective for both solid and hydraulic lifters. It involves getting the cylinder that's in between the exhaust and the intake stroke to the top of the cylinder by watching the valve action, and then adjusting both valves of the cylinder halfway around the firing order, as they will both be on the base circle of the camshaft at the top of the compression stroke. Using this method, all the valves in the engine can be adjusted accurately with only two turns of the crankshaft.

Loosen the adjuster until the pushrod can be moved up and down freely a little, maybe 1/8" or so, carefully take all the slack out, and then preload the lifter by turning the nut further. On the 194-292 series engines, 3/4 to 1 turn of the nut works well.
Jerry

"It is better to be silent and be thought a fool than to speak and eliminate all doubt!" - Abraham Lincoln
Cringe and wail in fear, Eloi- - - - -we Morlocks are on the hunt!
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. - Ernest Hemingway
Love your enemies and drive 'em nuts!