i think it's a good strategy if you know nothing about trading )) buy and hold is actual about eth and btc (as for me). personally i try to research interesting defi projects and especially - dex-es, i think it's more profitable strategy for now
Holding is profitable and easier than trading. Selling pressure in trading is too much. If you can't handle it, you'll lose a lot of money from it. Whilst in holding, it wouldn't be one of the most suggested strategies if it's not effective and proven.