It depends on the coins we are holding. If we hold new coins or shitcooins, it is very risky to hold for a long term. But if we hold Bitcoin or Ethereum, it is quite safe to hold for a long term. So, we don't fully believe that a long term holding is less of risks.
Certainly, whatever it is, the choice of coins will always affect the development of our investment assets in crypto. Therefore, before investing, we must have an understanding of cryptocurrency itself, so that we can choose coins that are potential and have a lower risk than others to invest in. and certainly not just follow the hype coins which are known to have a very high risk and are actually dangerous for us.
Hype coins, only for short term trading, not recommended for long term, moreover the meme coins and other shitcoins, this will exactly end easily after hitting its ATH, and will not be able to survive again in the market.
Diferent with the top altcoins, such as ETH, BNB, SOL, and other altcoins, they will survive whatever the condition.