That's what matters when you're holding bitcoin. You shouldn't depend on it as if it's going to give you daily income. The profit that you'll get from it will be coming from how long you hold it as the market gets into fruition and takes time in doing so. Most of the holders that are successful understood this matter and they have just left their Bitcoin on hold and does their things while waiting for its value to pump. Unlike the newbies that think that it's different the way you've described it, they don't realize that they need to have other source still.
Exactly and that shouldn't have been the thing that someone should be doing with bitcoin anyway, the mere fact that the growth of bitcoin isn't going to happen overnight and the daily movement of it's price is so volatile that we're all warned to take precautions when trading and only trade what we can afford to lose means that we all should've been not relying on bitcoin as a means to make money for our daily needs and at the end as you've said, bitcoin's better when you're hodling it the longer. My take on this people that are still doing this reliance on bitcoin for daily money is that they're admirable because they don't mind the risk and that they're crazy enough to do this not just once or in a day.
I also do admire those people that have been completely reliant to Bitcoin in all means of their survival. Like how? through trading or any other tasks that they're paid to do so. But if it's with trading, I'd say that it's kind of hard to survive with it and be wholly reliant on it having no other source of living. But I know the fact that there are traders, full time, that can make as much as they can but with the perspective of not a trader or just do it casually, it's truly hard.