The first thing in crypto market is the patience. As we see the journey of Bitcoin from 2012 to 2022, the phenomena may be understandable where some rise and drop were seen but Bitcoin crossed $65K which is unbelievable. Secondly, start from small to big or get lose all. Thirdly, search yourself all about when you participate in any thing. And finally, always keep in mind 99% risk and 1% profit.
If you decide to hodl a coin for long term in order to experience a massive profit then indeed patience is the main thing that you need. What's good about cryptos is that there are terms built for different types of people as they also know that not all have a solid patience but many just want quick profits. Those people can pick up risky coins.
Usually those are newly released coins but for those who want medium risk then they can invest on top coins but they can just sell right away when they already made some profits. The last thing that you said seems foul to me. I think 99% risk is too much. Even if you invest in risky coins, I think the risk won't still be high as that.