Bitcoin is the most reliable digital currency for long-term employment. As Bitcoin is one of the most reliable digital currencies, most people invest in this investment platform. For those who invest regularly in Bitcoin, there is no specific time to invest in Bitcoin, rather the time when they invest is the best time for them.
Investing in Bitcoin requires waiting, but that wait is not short-term but long-term. There are some investors who invest in bitcoins but later on they need or see little profit and they sell their investment in this case I wouldn't call their investment a successful investment at all. You can tell me that investment is done in anticipation of good things and for your own needs, so it is natural to sell your investment when you need your money. In this case, I will tell you why you should invest that amount of money in Bitcoin if you think you need it.
There are many differences between investing in Bitcoin and investing in Bitcoin for the long term. After you invest in Bitcoin, let's say the price of Bitcoin goes up a bit and you make some profit and you sell that profit, but when you sell that investment after five to seven years, imagine where your profit could be. It is recommended to invest that amount of money which will not affect your life badly. No investor has ever told you that you have to invest all your money in Bitcoin without taking care of your family's needs or that you have to invest in Bitcoin without worrying about the financial crisis ahead.
Invest a relatively small amount of money in Bitcoin but try to hold it for a long time even if you invest a small amount of Bitcoin.
I personally believe that in some cases, you can do both. You can have some BTC that you categorize as your long term HODL and you keep adding to that stash, and you can have another portion of your BTC that you decide to invest extra and then to sell some or all of that portion when (or if) the BTC price goes up; however, you still would need to be prepared if the BTC price does not go up, then you would need to have a plan for that.
It also came out on my mind that sometimes putting all our balances on single investment like BTC to hold is kinda boring since we can actually split some balances then use it for adding your stash and use other large part for holding.
For this maybe we can see more result also we can get updated to the latest movement of bitcoin and can learn a lot thru the experiences we encounter while trying to earn bitcoins.
As you said its really have to have good alternative plans set so we can do something if the other method we use is not working for us and can plan other things to possible maximize all things that can possibly benefit us.