All strategies are good, you actually may chose any of them and be satisfied with results, because of both of strategies may bring you big profit and I guess that is exchatly what your target is.
Yes but sometimes it's better to determined which strategy you can really maximized your gains, so these will be a continues debate for as long as people see this two strategy working, and fits on their goals.
I'm sure majority is really holding and cling to the hope that bitcoin will one day make a good run and the prices goes to $20k-$30k, and then that's the time you book for your profits.
But for those speculators, they wanted to earn money everyday or every two weeks or so, in this market. So it's up to your capacity as a person, if you can take the risk trading then you can do quick profits and then live another day, but if you're somewhat timid and doesn't want to complicate your daily life then holding is for you.