Depends what coin ypu are talking about. If you are talking one of these meme fad tokens you are gonna lose by holding long te. None of them serve any purpose. If you are talking bitcoin, eth and some bigger coins than yeah hold is a good strategy.
Well, I totally agree with this. Because of this, we know that not all the altcoins we hold on to in the long term will make us profitable. however, if you hold coins without knowledge, or pick the wrong coins, you're most likely just waiting for your assets to disappear, or drastically diminish.
if you want to hold coins long term, we recommend choosing popular coins. choosing a meme coin, or an obscure coin will only frustrate you.