If i have to look back at the past of bitcoin and crypto well i'd say there is still huge hope left in future, despite all the ups and downs in the early life of bitcoin and few altcoins available back then here they are today, and now here we are with better adoption compare to the past, once upon a time it was just a single btc ATM in 2013 and now we have thousands, Adoption is slowly taking over but its hard for many to see because many are so unprepared for the down side of crypto, they only want the good side which is not a reality to me, for what so ever is going to work will have its challenges, remember that rome was not built in a day, lets fully support the technology and hopefully we will start seeing 6 figure bitcoin price in the near future..
Certainly. But it ultimately depends on the fundamentals still.
A coin which doesn't have good fundamentals and whose value completely based off speculation will not have a long term future, no matter how long you hold onto your positions for. To be in a position to hold a coin long term and wait for this gradual process of development to occur you need to first be certain that the coin actually has intrinsic value.
With large caps like ETH and BTC, it's really just a waiting game to wait for mass adoption.