You can hold pennystocks your whole life, if you want. I don't recommend that though.
Most of the times a pennystock pops and then sells off very quickly. Some go from a penny to a couple of dollars and stays on that level. So, everything is possible.
A pennystock is a normal stock (only low value), so you can basically hold it for 50 years or longer.. at least if the company still exists by then..
I've also learned new trading techniques (your breakout thread, sextons pinch plays ect.) What I was wondering is what is the best technique to start trading. For a beginner, I have an idea on how stuff works but I'm not sure what I want to start off with. Theres so much to choose from, any ideas of what you traders started off with? Something easy, I want to focus on 1 technique at a time then build over time.