Long term trading & investing is good for passive income. But I think it requires good patience not to panic and sell everything is case of bearish trends on the market.
Long term trading concept is of great importance in the crypto business. Long term trading actually means to invest for long and trade after when the value of the portfolio is appreciated more than the incremental change that occurs daily. Such type of trading is good because you earn a whole portion of the change in prices of the per unit currency you are trading in. It is actually a life time trading and gives life long profits.