Long-term investment may make investors safer, but it is also vulnerable to huge losses, and risks still exist.
The market is highly volatile and any investment is risky. For long-term investors, Bitcoin is more suitable. Investing in it for the long term will increase your chances of making a profit when the market returns to a bull market.
But if it's about investing in bitcoin, I am okay with holding on to it long-term because it will surely go up high in the future. But not many can handle it well because they are still provoked by negative news, making them not think about holding it for the long term. They could be triggered to immediately sell bitcoin, especially since several cases have exploded like the FTX case yesterday. This makes bitcoin temporarily lose its stability and will crash as we see now. But this is only temporary, and bitcoin will increase again when the time comes.