Usually, I hold for 6 months, sometimes longer. Also, from time to time I can enter the market after 3-4 months of waiting. It depends.
I also hold my business for 6 months or 12 months Because I like to trade long-term because I find it annoying to trade every day When it comes to market conditions no one can say it always comes up with a name. That's why long-term trade is good.
while it is considered good, make sure your investment is still active. Some altcoins tend to have no value now or some do changed their project or did exit scam. Unlike in stocks that companies were established and known, crypto is too volatile not just in price but also in the companies situation.
This is really important, I have seen many instances in the past of people that buy coins and then they do not take the time to keep up with the developments of that coin and then they come to the forum to complain about how they lost so much money by investing in that altcoin, and I have always wondered why they did bought that coin if they had no intention of watching it every day in the case something went wrong?
And a person that does that deserves whatever it happens to them, I have also seen many cases of people that bought a coin and while they were not watching it the coin skyrocketed and then it crashed and they lost the opportunity to make a lot of money with it.