@snakesm13 it only works in the editor. If you are trying to copy a random block, like if you want to grab a snippet of another post, it doesnt work.
I’m trying it right now on my iPhone. I’m finding that if I hold on a word until the pop up menu appears, I can drag up or down to select text without invoking the side menus. I don’t have to drag the pin either. I can drag from the word next to it and select more or less text by dragging.