You can switch which actions require holding the button down, and you should because you're more likely to want to pick up an item rather than hold it at any given time. Doing so completely mitigates your main issue which isn't even a big issue in the first place. Not to mention that the new controls are much easier on your hand and breaks down the numerous actions you can do with items via the context and inventory menu into four main actions governed by only two buttons. It's so much simpler and easier to work with items programming-wise.