4. Should alt coins be traded rather than HODL?
Yeah, I guess so that most of them should be traded.
I agree, because in my opinion some altcoin are better for trading (only certain altcoin are good to hold for the long term), because the risk of investing in altcoin is very big, so if you have made a profit from investing in altcoin, then I suggest you to selling immediately, because if you want to invest for the long term, then you better to hold Bitcoin.