This is the key question here, am talking about the bold words in your statement, because what I have observed about Bitcoin investment is that if truly you have a plan of buying and holding for a very long period of time, and you truly trust in the capabilities of Bitcoin rallying back no matter what, or hoe dip it fell, you wouldn't even blink or even think of selling off your holdings if you invested with a money you can do away with for a very long period of time, because you know that you are not needing it anytime soon, but because any emergency situation can arises in the the future, that's why we make sure to make provisions for emergency funds, so that we wouldn't have to temper with our holdings due to emergencies.
For accumulating long-term investments, an investor should first have a good Knowledge of his financial situation. Those who are interested in investing for the long term will definitely be able to accumulate it for the long term if they have a regular income source. Those who have regulars income will be able to maintain Bitcoin for the long term and those who do not have a source of income will be able to maintain Bitcoin for the short term but will lose the ability to maintain that money later. Also, if investors can form an additional reserve fund to maintain Bitcoin for the long term, then they will definitely be able to maintain Bitcoin for the long term without any obstacles. There are many who try to invest for the long term in the beginning but are forced to give up their Bitcoin due to unfavorable circumstances. If a reserve fund is created, you will be able to maintain your Bitcoin even in the event of any accident.
Good management skill is what an investor should have in order to scale through and go far in there investment because any investor that doesn't have a good management skill whether they have a regular source of income or not they can not make it in Bitcoin investment. Management skill is as important as having a having stable source of income, keeping your discretionary, your emergency funds and reserve funds because these are things that you can not carry out your investment smoothly without them. Most people wants to be a Bitcoin holder because of the potential Bitcoin has but the problem is consistency, determination etc. They allow the small profit the market present to them after a short time of investment to get over them, any investor that take way this spirit of harvesting when it is not due will always reap more when it is due, we should know what we want and make it a priority.