I think it was a temporary glitch because it was acting a little weird when this happened, but I was typing out a message and somehow the white box (the one that activates when you hold your finger on the screen for a few seconds) was on the entire time I was typing. It made typing SO much quicker because I could type the message like normal, and if I made a mistake I simply swiped my finger back the it acted just like a cursor (I didn't have to hold my finger down for 3 seconds to activate it). Was this a glitch or is there a way to permanently turn on the edit mode when typing.
I think that was a glitch. However, I just changed my Hover Period setting in the Screen/Keyboard option to 100 and I like it WAY better for editing texts/emails.