Do you trade altcoins during the bull run or just hodl?

[deucher]

According to all well-known traders and analysts, crypto-currency may soon start to grow, and I have a question about what to do with altcoins, should I just hold them and then sell them at the peak or is it possible to take a risk and try to make money by fast trading, what are your thoughts on what to do in such a situation

 

[Riberet19]

Good question, I always have a percentage of my crypto portfolio dedicated to altcoins, and trade and hodl it also at any stage of the market even if we are in a bear market or bull market, it is true that these cryptocurrencies usually act infinitely better in a bull market stage, but also in the bear market you can get benefits from them, because volatility remains high.

Some of the altcoins that I trade the most are Cosmos Atom, Monero, Cardano, Ethereum, Polkadot among others.

 

[Nomad]

I mainly try to hold my altcoins during the bull run. That's because altcoins gain more value compared to Bitcoins when the market astarts to move. However, I also trade altcoins that I have bought for the purpose of short term hold.

 

[Henrywrites]

I mainly try to hold my altcoins during the bull run. That's because altcoins gain more value compared to Bitcoins when the market astarts to move. However, I also trade altcoins that I have bought for the purpose of short term hold.

This is a smart move and I believe that it is also more better when you are able to buy altcoins that is it less than 1 dollars such as the Token coin.

 

[Nomad]

I have invested in a lot of coins that are less than a dollar, for example, ADA, Matic, Sand, Mana, etc. I am holding these coins for a long term. I have also invested in a couple of meme coins and I invested in meme coins for a short term. Recently, I made profits on Pepe coin when the market moved. Just by holding for a week, I was able to earn $5 in profits from $50 investment

 

[Henrywrites]

I have invested in a lot of coins that are less than a dollar, for example, ADA, Matic, Sand, Mana, etc. I am holding these coins for a long term. I have also invested in a couple of meme coins and I invested in meme coins for a short term. Recently, I made profits on Pepe coin when the market moved. Just by holding for a week, I was able to earn $5 in profits from $50 investment

I missed out on making money on the Pepe Coin, but I was happy to enter the market for Ordi coin when it was selling at 24 dollars. I held on till the coin got to 75 dollars and I sold. The thing with some of the coins is that it is better to sell when the market is favorable.