I personally think that both methods are profitable but those who trade for the short term can earn more profits in a quicker time frame compared to those who hold their assets longer, but sometimes, when you are holding coins that grow significantly like Bitcoin, you might gain great profits as well.
During a bull run, I do engage in some active trading. The rapid price movements and increased market activity offer exciting opportunities to capitalize on short-term gains. By staying updated on the latest news, analyzing market trends, and conducting thorough research on promising projects, I aim to make informed trading decisions that can generate profits.
However, I also believe in the power of HODLing. Holding onto certain altcoins with strong fundamentals and long-term potential can be rewarding. It allows me to benefit from the overall upward trajectory of the market and potentially achieve substantial returns over time. Of course, this approach requires patience, discipline, and the ability to ride out short-term volatility.
Finding the right balance between trading and HODLing is crucial. It's essential to set clear investment goals, define risk management strategies, and diversify the portfolio to mitigate potential risks. Additionally, staying informed about the latest market trends, technical analysis, and project updates helps make better trading and holding decisions.
Ultimately, there's no one-size-fits-all approach to this question. Each investor's risk tolerance, knowledge, and time availability play a significant role in determining their preferred strategy. Some may choose to focus solely on trading, while others prefer a long-term HODLing approach. It's important to understand your strengths and limitations and align your strategy accordingly.
I'm excited to hear about your experiences and perspectives on this matter. Do you lean more towards trading during bull runs, or do you firmly believe in the power of HODLing? What factors influence your decision-making process? Let's engage in a fruitful discussion and learn from each other's insights.