There's no need to hold altcoins in the long time I think that's right for me. I'll hold them in the short term. When they pump then I'll take profit. They will usually return to the cheap price when bitcoin's bearish trend. So I'm going to sell when it's a bullish trend, so I don't hold it for a long time.
If the bullish and bearish trends were known to everyone more quickly, then everyone would apply almost the same strategy as you said, but because many people can't guess between the bullish and bearish trends, so some people prefer to hold the coin in the long term the old ones, except for those who are active traders who often make daily trades, it is clear that they will let it go faster when they already have a profit.
When we don't know how the market will move, the only best way to invest is to choose an asset that is not risky. and holding it long-term is a very wise choice for profit.
because for the long term the most important thing for me is to choose the best asset. this will indeed be different for a day trader.