Crypto's 'Long-Term Hold' Mentality: A Shield for Poor Entry?

Been seeing a lot of folks in the crypto space clinging to the 'long-term hold' mantra, especially when their bags are underwater. It's almost become this default defense mechanism, isn't it? While I get the conviction in the tech, I can't help but wonder if for many, it's just a more palatable way to say, 'I bought too high and now I'm stuck.' We're quick to dismiss day trading in this market as a fool's errand, but sometimes I think the opposite extreme, the blind HODL, can be just as detrimental if not backed by rigorous analysis and a good entry. It's not like $AAXJ at 116.32 or even $VNM at 17.87 gets you a pass on entry timing in traditional markets. Is crypto really that different, or are we just more forgiving of our own mistakes under the guise of 'faith' in the asset? Seriously, tell me why I'm wrong here. I'm all ears.