The truth is that, be it long term or short term, what matters is that we are making profits and I can also relate with what op is saying because most times, with the hype on long term holding, it seems those who are holding for short term or even day trading are absolutely on the wrong track and these whole idealogy is absolutely wrong as no matter what means and strategies one chooses to employ in the industry, what actually matters is that, we’re making profits and staying profitable in the market.
Holding for long terms has proven over time to be in one of the safest and less risky way to make profits in the industry but frankly, to hold for long term, requires a lot of patience, dedication and determination to achieve this whole especially in a world with unending problems.
I also think to hold for long term, one ought to have other sources of income aside bitcoin, else holding for long terms might be very difficult for the holder if not impossible.
Choose your strategy and stick to it as long as you’re making profits and staying profitable in it.
You have said it all. Depending on stream of income is obviously risky if we want to get something decent from crypto trading