Long term is the biggest scam

Strongly agree that regular systematic profit-booking is a valid approach.
However, conflating not doing so, with “long term” is a mistake.
Long-term does not mean HODL.
Agreed, that anyone mixing-up those two is not being financially savvy.

The thought process that if not short-term, then HODL/YOLO is a false dichotomy!

Those aren’t the only 2 choices.
It is a range/spectrum of investment horizons.
Ideally determined by milestones/goals in one’s life.

Other aspects also touched-upon in this recent thread.

FWIW, the regulator appears to be keyed-in on this,
has recently updated the regulations to account for this and promote goal-based investing.

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