Do You Trade or Hold Altcoins?

Just curious what your guys investment strategy is. Early on I was taking some profits from Bitcoin and dumping them into altcoins on Bittrex with a plan to buy and hold.

A couple buddies of mine were making money trading on the swings and as I watched my holdings, maybe that's part of my problem is I shouldn't be watching daily if I'm a long term holder, but part of my problem is I would for example buy Lisk at say 0.50 cents, watch it go up to $1.50, and then watch it come back down to 0.50 or lower. After watching things like this happen a few times I got to thinking man, I could be doubling or even tripling up on my investments and holding even more if I was playing these swings and making money rather than just sitting on the sidelines holding. Obviously this assumes your timing things correctly which we all know rarely happens, rarely can someone call the top and the bottom.

I started utilizing that strategy of trading more so than holding trying to up the amount of Bitcoin I have with each trade. I noticed there were many coins that I had been sitting on for months that never moved and I was down or even on. As soon as they would get back to even money I'd sell them and say I'm going to get into something with more movement and more volatility, then to my shagrin something I sat on for say 3-4 months at maybe 0.12 cents winds up shooting up to $1.50 and I'm kicking myself for not being patient.

I'm still trying to figure out my strategy as well as what I think is a better and more profitable long term plan. Trading or holding. Curious to hear where you guys stand or what your strategy is as well as the logic or thinking behind it?