Sure hodling is a good idea, when price is going up!
Why not set profit targets, then sell, or sell after some set amount of loss? Protect your principal and or profits. You can always buy back in, especially if you think a moon is in the cards. Use the end of 2017/start of 2018 as a lesson that cryptos aren’t all winners, and even the ones you hear most about can move double-digits in BOTH directions, in minutes and hours.
If your outlook is long term, so months and years, then you’re obviously not going to need to monitor daily fluctuations all that much.