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

[abel1337]

Everyone does a lot, it varies depending on how busy each person is, there are those who hold back until the bull market comes like me who did that. Moreover, I trade part time depending on the market situation. Also, if the market drops again, I buy more to add to my long term investment

I believe OP is saying during the bull market. It is expected that most of the good tokens in the market will continue to pump, if there's a drop, it will recover quickly as I noticed in the past bull market. I'm guessing that I will do small time future trades given that the market is going on an uptrend and the chance of getting profit from futures is high. Though this is depending on our trading skills, there might be people who will actually get some loss trading especially for the newbies in the market. The market is uptrend during the bull market but there are other factors that contribute to losing such as their trading psychology.

[TheSpiral]

Everyone does a lot, it varies depending on how busy each person is, there are those who hold back until the bull market comes like me who did that. Moreover, I trade part time depending on the market situation. Also, if the market drops again, I buy more to add to my long term investment

trading is very headache for me and i will prefer holding. whenever i invested for day trade then i have to check token price every 5 minute. sometimes i got very good profit in very short time but i think trading is very risky and without full knowledge and experience, i will not recommend anyone to trade. holding is better option as after buying just wait for bull and no need to see market price every 5 minute.

[Tomcolor]

Every holders have a plan, when start bull market then they would to sold and happy to make profits. I think trade part time job for me because i am not expect in more but i never forget to buy 2-3 token in a month. Which is a great ways to make money from crypto market.

[usekevin]

It’s depend on many people,because some may hold for long in the bear market.The bull market will be the welcome one for them to cash out.Some people will do hold till the end of bull run to get maximum profit in the bull run.Mostly people cash out if they satisfy with the bull market pump.Others will hold until the maximum price of certain coin to rise.It’s better to hold till the new all time high.

[irsykes]

Next year will be my first bull run and have just been thinking about what will be best to do when it finally arrives next year.

Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?

When the bull market starts, I think it'll be better if you buy all the tokens you want to buy and just hold them in your wallet. If you decide to trade, you're setting yourself up to make a mistake and when that happens you might miss the bigger profits you were meant to make by just holding. Bull market gives all coins profit and holding is better than trading.
If you're very good at trading and you believe it'll give you more profit then you can trade but for those that have no knowledge on trading or don't know how to trade very well, they can make more profits from just holding. Bull market isn't a time to start learning how to trade. If you want to learn how to trade then do that now that the market isn't pumping.
Next year been your first bull market, you have to be very careful because during bull market alot for fake projects get launched by scammers and they also duplicate already popular coins to convince people to invest in their fake project thinking it's the real project. Scammers are always looking for who to scam more in bull markets.

it could be that if we buy altcoins earlier than now, maybe we will get an extraordinary significant portfolio increase before the bullrun season comes, the season many people are waiting for or it can be called the big crypto season. ahead of the bullrun season many new altcoins have high potential, because the project founders understand when the project is officially launched that investors will be interested

[Dr.Osh]

It’s depend on many people,because some may hold for long in the bear market.The bull market will be the welcome one for them to cash out.Some people will do hold till the end of bull run to get maximum profit in the bull run.Mostly people cash out if they satisfy with the bull market pump.Others will hold until the maximum price of certain coin to rise.It’s better to hold till the new all time high.

but the goal is still to be profitable which means, we all trade when bull runs happen. however, times and conditions will vary. Personally, I might wait for the moment to get the maximum profit, but it will have a fairly high risk because as far as I know, when the bull run is over, there will be a price correction which maybe the price can go down a few percent. But, I think, a lot of people target a high price before selling their assets.

[bastian466]

Everyone does a lot, it varies depending on how busy each person is, there are those who hold back until the bull market comes like me who did that. Moreover, I trade part time depending on the market situation. Also, if the market drops again, I buy more to add to my long term investment

trading is very headache for me and i will prefer holding. whenever i invested for day trade then i have to check token price every 5 minute. sometimes i got very good profit in very short time but i think trading is very risky and without full knowledge and experience, i will not recommend anyone to trade. holding is better option as after buying just wait for bull and no need to see market price every 5 minute.

Wise choice if you prefer to hold long term with note of choosing the right coin. yes, that is the risk of trading every time, you have to monitor price movements in the market so that you are not left behind by profit opportunities as well as buying. If you are a super busy person, you will have difficulty doing that, like me, who has a steady job and at home has a busy life helping his wife take care of his children and etc

[Dessy88]

If you are a regularly trader man then you can't stop trade. So trade doesn’t matter in bull market for a regular trader. Personally i am a small trader so i will just hold in procession bull market. Alright i will never bought any coin in bull market but before bull i can bought. I understood bull market means only catching profits judgment.

[cryptodude]

My personal opinion is that when I buy a token, if I make a profit after buying it, I sell it. Actually I am a day trader myself. Many economists think Hold Is Gold. But I think it's better to buy a good token and wait a bit while bullrun is there. Then there is a possibility of a good result.

[serjent05]

No, I don't hodl altcoins during the bull run, I sell altcoins during the bull run and buy them when the dump is done.  There is no reason to hodl altcoins and buying them while they crash and selling them during bull run is the most effective way of maximizing the potential profit on altcoins.  So also don't day trade during the bull run and even in a bear market.  It is just accumulating in a bear market and selling in the bull market. Rinse and repeat if possible.

[Ngemmeng]

depending on the expertise you have. if you have short-term investment skills or a day trader it doesn't matter if you make long-term investments while doing a day trader because you can get two benefits. but if you don't have that expertise it's best to only choose long term investments because day traders tend to have a more complicated analysis.

[mirakal]

I don't know how others look at it because it depends totally on the investor if he/she will choose to trade altcoins during the bull run or just hold until he/she want it. For me, investing and trading is a two different thing and I don't use the coins in my portfolio that is intended for investing and holding until my goal is achieved. While for trading, I do that separately because other than hodling, I also want to enjoy the profits and that's what I use to buy some things or sometimes, put the additional profits towards my portfolio.

[bocyaj]

Most trader will sell like you with the profit,most of the time the bull run give us profit.It’s good like you said buying at the dump of the price and sell at the pump or in the bull run.This apply to both bitcoin and altcoin,the principal of the trading is same for bitcoin and other altcoin.The profit is all the time easy to get at the bull run as compared to the bear run margin profit.Holding is essential one during the market unstable conditions.Many new traders fail to understand the market conditions and do panic selling.

[riskarcher]

As Holder is only one things that make feel relax without cares about price than trading should be carefully for entry price and out from the market at the right time. At least if you're trader or holder as long as you know percentage that you want to take profit it's all fine

[Games.Bitcoin]

Usually I hold a few good tokens during a bull run. And some choose an additional rise more token to trade on a daily basis. Every day I take a small profit from the extra raised coins. And when a good amount of profit comes from the held token then sell it.

[Fredomago]

Most trader will sell like you with the profit,most of the time the bull run give us profit.It’s good like you said buying at the dump of the price and sell at the pump or in the bull run.This apply to both bitcoin and altcoin,the principal of the trading is same for bitcoin and other altcoin.The profit is all the time easy to get at the bull run as compared to the bear run margin profit.Holding is essential one during the market unstable conditions.Many new traders fail to understand the market conditions and do panic selling.

Most of those who believes during the bear season especially during the dump will sell when strong bull season comes up, some might hit their target value while other will take it as opportunities to earn, though there are different perceptions with each traders there's no way that we can generalized the action.

If you are into short-term trade, the possibility that you will use bull season to take some leverage and gain with your anticipated
market movement.

[doomloop]

Everyone does a lot, it varies depending on how busy each person is, there are those who hold back until the bull market comes like me who did that. Moreover, I trade part time depending on the market situation. Also, if the market drops again, I buy more to add to my long term investment

It depends on one's personal goals as well, someone who wants to buy and keep for the long term will not buy during the bull run because they won't be able to get a lot of profit in that way since the market mostly drops after the bull run is over, but those who mostly trade for the short term and gain small percentages of profit with every trade would probably even buy in the bull market because they won't need to hold them for long.

I personally think that both methods are profitable but those who trade for the short term can earn more profits in a quicker time frame compared to those who hold their assets longer, but sometimes, when you are holding coins that grow significantly like Bitcoin, you might gain great profits as well.

[taufik0911]

Everyone does a lot, it varies depending on how busy each person is, there are those who hold back until the bull market comes like me who did that. Moreover, I trade part time depending on the market situation. Also, if the market drops again, I buy more to add to my long term investment

It depends on one's personal goals as well, someone who wants to buy and keep for the long term will not buy during the bull run because they won't be able to get a lot of profit in that way since the market mostly drops after the bull run is over, but those who mostly trade for the short term and gain small percentages of profit with every trade would probably even buy in the bull market because they won't need to hold them for long.

I personally think that both methods are profitable but those who trade for the short term can earn more profits in a quicker time frame compared to those who hold their assets longer, but sometimes, when you are holding coins that grow significantly like Bitcoin, you might gain great profits as well.

When it comes to the bull run, the decision between trading altcoins and HODLing can be a tough one. Personally, I find myself adopting a hybrid approach that combines both strategies.

During a bull run, I do engage in some active trading. The rapid price movements and increased market activity offer exciting opportunities to capitalize on short-term gains. By staying updated on the latest news, analyzing market trends, and conducting thorough research on promising projects, I aim to make informed trading decisions that can generate profits.

However, I also believe in the power of HODLing. Holding onto certain altcoins with strong fundamentals and long-term potential can be rewarding. It allows me to benefit from the overall upward trajectory of the market and potentially achieve substantial returns over time. Of course, this approach requires patience, discipline, and the ability to ride out short-term volatility.

Finding the right balance between trading and HODLing is crucial. It's essential to set clear investment goals, define risk management strategies, and diversify the portfolio to mitigate potential risks. Additionally, staying informed about the latest market trends, technical analysis, and project updates helps make better trading and holding decisions.

Ultimately, there's no one-size-fits-all approach to this question. Each investor's risk tolerance, knowledge, and time availability play a significant role in determining their preferred strategy. Some may choose to focus solely on trading, while others prefer a long-term HODLing approach. It's important to understand your strengths and limitations and align your strategy accordingly.

I'm excited to hear about your experiences and perspectives on this matter. Do you lean more towards trading during bull runs, or do you firmly believe in the power of HODLing? What factors influence your decision-making process? Let's engage in a fruitful discussion and learn from each other's insights.

[libert19]

I have held and that didn't turn out good. So, I suggest converting your profits to fiat/stables. Hope I'll remember my own advise 

[nyashenka]

I have held and that didn't turn out good. So, I suggest converting your profits to fiat/stables. Hope I'll remember my own advise 

Many people believe that cryptocurrency market will continue to rise in the future. It is necessary to have experience to trade and if you do not have any experience to trade it is better just buy cryptocurrency now at the best price and hold it till its rise and then sell cryptocurrency for the best price.