Many players meme, holding a meme coin for no more than 1 hour.
In the crypto world, aside from $BTC, $ETH, and $BNB, it's hard to make money with other altcoins.
Take $WLD as an example; it can rise dozens of times but also drop 90%. Altcoins that haven't fully unlocked or have a poor token distribution have low odds of success if just held onto.
As a long-legged lady with a stable fiat income, buying the dip is an option to average down the cost, and breaking even is achievable.
The premise of the above operations is that the project doesn't run away or go to zero and operates long-term.
Personal opinion, hahahaha.
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