I invested part of the money (most of it) in long-term transactions and left part for trading, and in all cases investing (or long-term transactions) was more profitable. At the same time, I spent much less time on them than on trading and I could avoid all the losing trades that happened in trading and took my time, money and my nerves. Now I trade less and less and tend to focus my attention on long-term trade.
Long-term is where patience lies and evolves.
You are keen to make fewer mistakes in that way, and you just hodl till you think it's enough and it's time to get PNL to be realized at last.
Holding sounds simple but at the time or moment that you've been seeing the market drops down or pumps up that much or new ATH's then you will be itching out whether you will be selling out or buying even more. We do know that not all people will really be having that same mentality about having that long term hold and thats why they would really be that preferring on dealing up with the market on active manner even if it means on trading up actively. Neither holding or trading actively on which you would really be still be able to face up risks, although it will be that differ when it comes to level of risks on which its obvious on which one is really that more riskier. Day trading or scalping is indeed risky specially if you dont know on what you are doing. This is why there are those who do have decided to hold their Bitcoins rather than on making up some active trade on which this isnt really that actually a bad choice. There are really those people who do play safe and there are those individuals who are really risks takers or who do really wants to see up earlier profits even though it means on dealing with volatility.