It is clear that after making a long-term investment, if an investor monitors the market regularly and due to small changes in the market, that investor himself is affected and sells his investment, then this investment strategy is not called a long-term investment. If an investor sells his investment at some profit after purchase then we will consider it as early trading. Investing is not as easy as it sounds. In long term investment planning an investor needs to be patient enough and have the mindset to sacrifice a lot. After investing it is normal to make profit or loss due to market volatility, if you cannot hold enough capital during this temporary profit or loss then the investment is worthless.
Some investors believe that if they invest and see a small change in the market, it is appropriate to sell and take the profit, and it's wrong. As we often repeat, an investor who is willing to
invest in bitcoin for a long time is anticipated to sell his investment after three or four yearsbecause, historically, the market always reaches an all-time high after that time.
However, many investors fail to comprehend when they should expect to make a significant return from their investment; it is best if they continue to invest throughout this period
and wait at least four years before extracting profits.
If you are still young, it is good that you extend your bitcoin investment timeline to 10 years and above because that is what really seems to be a long-term duration. You should know that the more you are increasing and hodli your bitcoin investment for a longer time, the more you have a bigger chance of increasing your bitcoin investment and enjoy the compounding effect of your portfolio overtime. You will easily get to your bitcoin target and have a good size of bitcoin in future.
Three years is not considered to be a long-term, but if you sell your bitcoin portfolio after four years, what will you be using the fiat currency for that will depreciate due to inflation, and will you start all over again to accumulate. If you know that you will still buy back after selling all your bitcoin or you know that you love to have bitcoin investment, then there's no need to sell at all and focus on a longer timeline than wasting te time that you will be using to increase your bitcoin investment for the future sake than selling after every four years to buy again.
If you are already old, four years timeline is ok so that you don't die and leave your bitcoin investment when it is not of your will.