I always believe in holding my investments for a long time. I have already reaped the benefits of holding my investments for a long period of time. I bought quite a bit of BTC when the price of Bitcoin was $16K and when the market went from $16K to $20K momentarily but I didn't sell my investments because I was waiting for better times. When the market dipped back down from $20K again I believed that if I held my investment for the long term and if I didn't sell my investment I would definitely get a lot better from this investment than I currently do. I planned to hold long term and till now I am holding my investment, after bitcoin price reached $30K many well wishers told me to sell my investments now but I am sticking to that decision till now and I am holding mine for longer time. Planning to hold the investment, initially I am waiting for Bitcoin to go to $100K, I will wait and hold my investment for however long it takes for Bitcoin to go to $100K.
It does not sound like me that you are basing your holding based on "long time." You are holding based on a "target price" that you have which you happen to have disclosed as being something like $100k-ish.
And by the way, bitcoin went down to $15,479 last November, so you if you have been buying since then, you have not even been holding for a year.. that is hardly a long time and hardly even a whole cycle. Maybe you won't even be able to hold for a whole cycle, which also does not seem to be a long time. Remember a cycle is 4 years.. so are you holding more than a cycle? It does not sound like your plan.
But hey do whatever you like, even though many of us here believe that 4-10 years is a kind of minimum for thinking about "long term investing" and really 4 years is not even long term, but sometimes it is difficult to recommend anyone get into bitcoin for less than a whole cycle without recognizing that anyone who invests in bitcoin for less than 4 years and they are looking to sell at some point as the BTC price goes up, they are employing a different investment style that is likely not really what the thrust of this thread is about.. because many folks are going to need a few cycles before they really are likely to start to get into a kind of level of confidence regarding how many BTC that they have and options that it may likely end up bringing to their lives.
Investment less than 4 years is not a long time hold, not even up to a full circle which is 4 years, but people have different perspective of long time hold pending on there accumulating plans, for some persons there long time hold could just be 2 or 3 years holding while others believe long time hold is from 5 to 10 years but it all depends on the holders.
Jay, just like you said whatever thing anyone wish to do provided is working for them, because whatever interpretation they have on long time holding provided that they are meeting there target which is the most important.