There is really no problem holding bitcoin for long term because it's the most effective way of profiting from it. I don't know if there are people having problems holding it for long term, maybe the doubters and unbelievers of it. But for people like me, I've got proof and experience that it's the best asset that I have been holding and sold and made profit from it and that's why I'll keep doing what I've been doing for a long time because it's beneficial for me.
Experienced traders who see those rollercoaster rides know and understand that the term long is applicable for bringing a decent amount of profits from your initial investments. You always have that great chance of success if you have the trust and the patience to hold while waiting for the market to pump up. Newbies should note those points that the market is not the easy, and it's needed to be research and understand well, if you have that idea the next thing to do is set your expectations and make sure that you are always willing to adjust when learning things while working in enhancing your knowledge.
If you want to enjoy in cryptocurrency is better you get a job and you can start investing, so that whenever there is bear market you won’t endup spending the money you already used to buy coin already, but whenever you are having a job or another source of income you can easily be spending money from there whenever there is bear market. Investing in eth is a nice, eth is a good coin which will surprise people very soon, just keep in accumulating.
Good point, if you have an actual job who will continuously finance your needs, bear and bull will not be a problem, after you set your plan the next thing that you needed to do is to wait for market to favor your side and bring you decent or huge amount of profits.