I don't know about you but for me I will only hold coins for long term if we see a unforgiving bear market ( better buying opportunity ), I believe bear market hold the key to long term holding, I can't buy coins at high price sorry ( present market is buying at high price) and decide to hold for years, I will only buy now to sell later ( short term ).. stupid idea? Let's hear your thoughts
Yea. But how can you tell if the particular coin you are buying at dip will not dip further? Sometimes, besides buying some major coins like BTC, ETH, others are more of luck in my opinion.