Low income earners can’t really afford to buy and hold for the long term. But with bitcoin, a low income earner looking to invest can still invest and would get some returns from his investment. Bitcoin is more stable and reliable than any other alt coin out there.
Yes it is very common in crypto market everyone wants to hold Bitcoin but can not. It becomes very difficult to hold on, especially for those who are small investors. When Bitcoin is in a bull market, everyone gets returns quickly, but when a bear market lasts for a while, it has a big impact on small investors and many are forced to give up their holdings.
Mindset - if we think it was hard, not to wonder why we can't wait for the next Bullrun but had sold them earlier. It was very usual words to hear about HOLD, HOLD but unfortunately, only a few are committed to doing it, some have some reason which is quite understandable.
Moreover, it was being said that not all investors are long-term holders, many are short-term investors which just vanished when bear season comes and then just come back during the bull season.