Your strategy to emphasize on buy and hold for long term when it comes to Bitcoin and ignore short term noise is generally considered a sound and effective approach. However, it is also important to remain patient and refrain from monitoring daily market prices and charts. Continuously observing these fluctuations can lead to emotional stress and may tempt us to make impulsive decision that deviate from long term financial goals.
You should agrre with me that everything that has an advantage also has its disadvantages, we cannot stop from embracing daily speculations on bitcoin market because that's one of the quality that shows we are traders or investors, but we should apply caution not to get fully carried away with the illusion from what we do and get the wrong result, we can also as well work by the past history on bitcoin, compare each season from you each other, work inline with them and creates time to also develope our own personal foresights through the research we make, which is not the reason why we should depend on single entry to get our best results when making an investment, there are times we have to be dynamic and makes it appears more of diversification in techniques used to achieve the maximum result.
Checking the marketing every day to know the market sentiment when you already have a system in place is just exercise in futility. The emotional stress that you will get is not worth it. It is looking like you are deviating a little from the focus of this discussion. Just @Sayeds56 said, what we should be focused on is to buy and hold and checking market sentiment everyday may not be too effective way of going about it.
I am not in anyway condemning short term trading because there are also people doing well in it. But base on what we are discussing here, checking market sentiment daily when you are focusing on holding for long is not in supportive of our discussion.