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?
First of all I want to say that I trade during Bullrun but need knowledge to trade so I always short. But there is always risk in shorting through altcoin so always be careful even though the market conditions are very good at present. But I can say one thing if you are not a professional trader there are many good coins in the market to hold for long term. I have also placed some calls that will give me a good return in the future especially after the bitcoin halving. So whatever you do, analyze yourself first.
The shot trading option during the bull run is the best option in my opinion. However, there is more attention to market movements. because we miss even a little, we might not get any profit there.
but if you choose to take a shot trade and still secure some of your money in another coin that has a large enough market capitalization, I think it is enough to sustain the losses from short trading.