For me long term investment in bitcoin is only advisable for big investors who are already dons in the crypto market,and not for beginners who are just new in the market,because they we make no profit,even if they do it we just be small profit and you can grew with that in the market.
On the contrary, long term holding is best for all and if anyone is not to hold for long, it's the so called big investors". Firstly, to invest in bitcoin, you must have to own a stable source of income from where you generate your discretionary income which you would therefore use to invest in bitcoin. Bitcoin is not supposed to be your main source of income. Infact, using bitcoin as your major source of income entails you would become a trader which is even more risky. So as a newbie, the most important thing is having a stable source of income from where you can invest to hold for long at least 4-10years.
I understand your point but small investors can also use the long term investment approach but as you said the big investors have already established in the investment but the new investors are still baffling with many FOMO. So as others wey don tok am here say before anyone invest make him dey do something wey go dey give income so him no go touch di investment.
And if you dey observe people like Elon Musk, na day method him dey use. Him no dey touch him invested bitcoin because him dey do other business and investment wey dey give steady income. But whether short term or long term if the investor plan well, him go get profit from the short term investment.
There's no big investor that does not have a basic source of income. Even the bitcoin creator Nakamoto, had been into other businesses before being able to raise funds to create bitcoin we now know today. Do not deceive yourself into believing that bitcoin is a get-rich-soon kind of investment. Invest to hold to maximise your profit and ease yourself financial stress that may come due to losses to Bitcoin Trading.