Yes, long-term investment gives you a better chance of not losing money than intraday trading.
It takes the right skills and timing to win by a day trading, of course, people do it to earn profit but losses sometimes are unavoidable given by the fact that the market is unstable and unpredictable expect to lose and win at the same time, while for holding the only major risk is that when you are holding worthless crypto then you probably want to rethink and save your capital and time.