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?
Basically, investing in altcoins for bull markets and holding is very risky. Because most of the time we have seen altcoins are scams due to which people are afraid to invest in these coins. But I think there are some good coins that have high volume and potential to go well in the future that can definitely be profitable to invest in. And if all those coins can be held for a long time, then of course it is possible to get a lot of money, but you have to wait until the bull market.
We can likewise trade altcoins or hold depending on what we are interested on. I think trading can be quickly profitable that waiting for the coin we are holding to gain some profits so that we can make quick profits from the market. Those people that we see profiting and making huge profits from altcoins, what the do is to trade different coins against each other and if the price of the coin eventually goes up, they will be counting there profits in grand style. We can also follow the same pattern to earn more with less loses.