It's just that if a trader turns out to be unable to maximize the market then it could be that even in a bullish market there will always be traders who are in a losing position.
I think it was actually when the market is bullish is the ones where the traders can earn and not when it is dumping continuously because even if they buy at highs, they can still sell it at even higher price when the bull/pump continues.
Holders and traders both have two different goals. Holders are the ones that take the least amount of risk. As long as the holder isnt selling the price is lower than what he invested for. During a bull market, the currencies are very volatile, and if the trader can take advantage of this volatility, they can make some very nice profit.
I actually think they have the same goal and that is, none other than to make a profit out of this market of cryptos. It is just that one is earning little by little but more quicker than the other who is more on a passive side but the earning potential is still bigger. It is because their profits are only stacking. So profit wise, I think they are still equal or their difference are not that far away from each other. I won't say holders take a least risk because what if they invest on a risky coin like a shitcoin and meme coin?
For traders, the act of trading is already risky but they can make it even more risky by using leverages, trading with no knowledge, and trading using the type of coins I mentioned earlier. I wouldn't include selling earlier because this is already counted to what I said earlier, because if not, they won't worry when they see their cryptos are only rising and they can even hold it a little longer. Anyone can take advantage of the volatility. They can either buy or sell, depending on where the price is heading at.