The people who I know made huge money in crypto are the people who held for a long time. Short term traders can make a few thousands of dollars but on the long run, people who held for long term will make multiple of that.
That's true but actually trading short term and long term has its own benefit, we just have to make different strategies.
It's our prediction that the price will grow as the adoption continues, so holding for long term which we term as HOLD could possibly bring fortune to us since we are still in the early stage.
It is a choice not truly a strategy. Short-term holders or some day-traders could still bear out good gains somehow. Long-term holders might not. They could catch the market bears instead. The next price destination is a mystery for these long-term holders. Not because they keep holding does mean that they keep generating a passive income. They might hold a bit more longer or it could be more than that.