holding bitcoin a long time is good but you need more money to invest for long term invesment so you can get x2 or x3 of your money the more you invest the more money you will get.
Yup, I regret I spent all my earnings on Bitcoin since I've started. I remember it at $400 price and If I hold that, I can say that it is not 4x of my Bitcoin. Right now, I can say that saving Bitcoins is the best way to do because more and more companies, countries and individuals are engaging into this coins because they are starting to see its potential in the market. In just a month, it started pumping its 100% so I'm very excited what Bitcoin can do in this year.
Holding bitcoin for a long time is a good strategy in earning because we always says that someday bitcoin value will rise veey high so that if that happens we will sell our bitcoin and earn a good profit. But I always think that how they will have income if their only holding their business bitcoins. I suggest to those who will hold their bitcoin in long term that they need to have a alternative source of income in able to have earnings even if they are waiting and holding their btc.