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?
I will sell my assets when the price is pumped. When my assets have a return of up to 100% then I will sell them. I will not hold many altcoins because I believe that once an altcoin has been pumped it will likely be difficult to pump again. It will probably take the next 1 to 2 years for it to pump again. I'll sell it and go back to looking for new altcoins that haven't pumped yet.
I saw you posted in May 2023. If you had several altcoins like SEI, WLD, and TON at that time maybe by now you would have made a 1000% return.
I will also sell my altcoin if it gives a profit of at least 20% of the capital I spent when buying it. 2021 was a lesson for me where I set a target that was too high and in the end I didn't get a profit on my altcoin, and now tokens what I expected to rise is actually worthless