For people who have a small portfolio, hodling for too long will not give you a huge profit in this market.
Take for instance you have $500 portfolio & you invest in a coin that did 50x in 1 year. That means you've made $25000, that's good profit, this looks amazing but the bull cycle doesn't last too long. Which means you will hardly repeat this process 3 times in a cycle. You also have to factor in the fact that the coin you're investing in may not even do 50x. Which might actually just be a waste of time.
That's why I think the best strategy for small portfolios is swing trading & compounding.
Set a clear target for take profit on each trade you will enter, when you take profit, you will compound and enter your next trade with same achievable target.
For example, if my TP target is 50% profit, and my starting capital is $500. I will enter my first trade with all $500, 50% profit will give me $750, I'll enter my next trade with all $750 and I'll continue like that.
If you do this for 20 successful trades, you will cross the million dollar mark.
The secret is to manage your risks effectively, choose to trade only very Chad coins, set your TP & SL targets in stone. Stick to your strategy and be very very patient.
I hope this helps one of you out there who have smaller portfolios.
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