As you are investing for time and you are holding your bitcoin for a long time that is a long term investment.
And you are going to earn by just saving your money when the price increases.
Some people just cant stand the volatility of bitcoin which is why everyone choose the other thing instead of bitcoin. At the current rate, bitcoin is highly overpriced and not to mention that the volatility is keep ongoing every single day now and the price keep dropping and increasing at +/- $20 a day
Yeah and I think people should take price volatility positively, as it allows to make profits in quick session, Price is around $750 now so I think we can still afford to invest some money in bitcoin.
But i think its risky to buy bitcoin right now because of price increase and we don't know if the price of bitcoin will still increase..
So better to wait more weeks to see if there is news about bitcoin like bitcoin is in demand in chinese exchange trading site.. so you have idea to buy more bitcoins..