It is good they are thinking long term. I see this as a long term investment.
How is it dying? Cos the price is lower than you'd like?
lol.
Longterm is good but with good project. I don;t think Lisk is good. Ofc price is lower than ico so maybe it will rise to 20-30k, but overall, it's not easy to be sure about "longterm with Lisk" because lognterm for them is giving them 1year or even more to first demo dapps... It's pretty weak for 2 year project with 14,000 BTC funds. But trade how you like and good luck.
Dying because of all thing that I wrote about in previous posts. Price is just reflecting, more or less, value of project by traders/investors community. If Lisk would have good development since beginning, it wouldn't rise/pump only 3 days do 125k and after go 10 months with downtrend (!) with small bounces. 125k to 8k is not joke. Market is never wrong.
Look at eth or dash development, how much they're doing all the time (i'm not fan of eth or dash, just an examples). And market is telling "we like it!" and "we will pay for that!" "this is interesting!". Similar with fct, maid, etc... I don't see that for Lisk since 10 months and, which is worse, I see small chances for changing development by Kordek. They want to do it slowly and they don't have skills to make Lisk big like an not only eth-competitor but top 10 new project.
I would buy 10-20BTC worth Lisk NOW if I see that dev Kordek is serious man and have strong vision and know how to spend funds for brilliant development and very important dapps-project. I can't see it now so I don't buy.