for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.
For those who want to collect Bitcoin and survive for the long term, of course they must be able to have planning and capital that will not be used for needs in the near future, because when someone is forced to invest with the capital they have, they will not be able to survive for long and must sell at a loss and for investors who hold for a long period of time of course they must make thorough preparations to be able to hold for a long period of time to be able to look forward to profits from holding Bitcoin.
Yeah , when come to investing (long-term investment) we wil have to plan ahead to able to secure a smooth investment. For instance one is not advice to always go in at once when accumulating bitcoin, but rather use certain percentage of your earnings in order to keep up with your regular life style when investing in bitcoin. For instance you can use %10 of your earnings in accumulating using one of the common strategy which is DCAing, And focus the other percentage in your emergency funds and reserved funds. Because if one lack such manner of accumulation ( expecial those that not too financially stable). You may endup not being successful with his bitcoin investment.
To an extend the level of our fiance, risk tolerance and investment objectives has an important role in terms of percentage allocation to towards our investment because there people who can go as far as using 20 to 30 percent of there income based on the level of his finance and the believe he has on Bitcoin as well as his investment objectives, for instance some one can have a specific number of years planned out to meet up accumulating certain quantity of Bitcoin in his portfolio where allocating 10 percent might not be enough to meet up within the number of years, he might decide to use up to 20 to 30 percent just for him to meet up that specific time and may probably reduce all his budgets and expenses on other things just for him to meet his investment goals and objectives within the specified period, while he has already made others plans of taken care of his needs and also make arrangements for his emergency, reserved and float funds by making use of the various strategies such as the dca , lump sum, and buying at the dip where and when necessary.