Actually long term trading/ holding is good for people who does not know how to trade.
Just like investing they can just sell it when they think the profit is enough.
Also with this strategy you do not need to worry about price dips/crash because history shows that Bitcoin/stable coins will rise in the future.
This trading strategy is what i am currently using since i have a daily job and I don't have time to monitor crypto market for day or short trade and you are right that long term strategy don't need to monitor daily your coin and how current trend for market condition is. though the profit is not as big as day trade it is also less stress and time to monitor.