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Long term hold is one of the best working methods to gain much money in crypto because it works with the principle of patience. Most potentially good and promising coins take time to surge high on the market as the project launches its features according to the road map.
Long term hold is good but not always the best. There are some coins that turn out to be shit coins at a point in time. If that happens you will lose your money. But if the coin turns out to be good, you will get a lot money.
In addition, the choice of coin that prospect also affect the profit. choose a coin or token that has great technology and volume in the crypto market.