It's very popular to see people selling off their Altcoins with such reckless abandon you begin to wonder if the word hodl ever comes to their mind,come to think of it,how much was bitcoin 8 years back,compare it to the price today,the gulf in price is astronomical..
Most bounty hunters sell as soon as it hits their wallet,i think the hodl approach should be adopted even the more,you never know what the price of the Altcoin you're calling shit might be in few years time..
This to me is a perfect trading strategy,hodl your alts and don't be in a haste to sell off
It depends on the situation,for hold for so long and you don't monitor your coin its not a good think.For me I hold it if the value price was low but if I gain profit even a small percentage then I sell it.But if you don't need money then hold it until you wants.