Recently, I noticed that more and more Altcoins are showing some pumps & dips in such a way that there is a good opportunity to profit. Just look at how BitMax's $EASY/USDT pair behaves in the past few days...
If you are willing to take the risk of flipping on this pair then you could potentially earn 20% to 30% profit if you successfully ride these kinds of changes.
About a week ago, I started staking some $EASY tokens through BitMax mainly because of the 110% APR reward scheme and its 1-day Undelegation or Unbonding period. It feels like I can easily exit whenever I wanted to because of that features and so I took the plunge.
I bought most of my $EASY tokens in the $4.5 to $4.7 range and as I saw the pump last night, I took out my initial investment and then leave a 24% profit to remain staked, and if the price ticks even higher then I would definitely cash it all out. I'm not really good at repeatedly making profits in a quick succession of trades and so I had to put my initial token value to somewhere else safer.
From this experience, I realize that I had to accumulate some liquid tokens in of the ones that I have in my bag just in case that these kinds of price swings happen in any of them. Many times, trading tokens are more profitable than simply staking it. That's of course with the consideration of the time involved. Staking is probably the most stable way of earning but it also takes a long time to mature.
I'm quite the hasty type and so I usually move funds elsewhere that I feel is more profitable in a short period.
Of course, I'm still allocating some funds to take the traditional route of staking and leave it there to compound and grow until it's the right to take some profits out of it.
Take note, I'm not a savvy trader nor an investor. This is just the way I do things so don't take anything I said here to be financial advice or anything of some sort. But if you wish to do similar things as this then make sure to search thoroughly about the token, the project, and most importantly the team behind it.