I once demonstrated a trade procedure for a friend who was new in trading bitcoins. All i did to make the trade successful was to introduce him with localbitcoins traders in our region. And he said that was cool after successfully trading.
By holding them that long waiting for the price increase is best and you need to have lots of patience when it come on trading buying some of good akternative coins and then sell it when the price is really high you can set the amount price if you want too.
yes waiting a lot and having patient is good, but i think you must have good knowledge about the item in which you are going to invest your money, and you must also have some experience and skill about trading, only then you can be successful in trading.