I am planning to trade and then hold for the long term.
I think it's a good idea, pal. Because trading and hold bitcoin is the safest way in my opinion of a scam or fraud. However there is also a risk of it, but you can minimize it by learning about trading. IMO
Yes, bitcoin is really helpful for holding because of crypto currency and also holding is most better way because it is a easiest way and we can make profit without any hardworking. So far as trading, it is best way to get experience of online business.
Trading will help you in increasing your coins in your wallet, so its always better to trade with them instead of simply holding, as holding will not grow your coins.