Long term is 10-12 years maybe a bit long. If an investor wants to withdraw profits and increase the amount of real assets within four years (one cycle), then it can be realistic for him. Instead of withdrawing his entire investment. If his profit amount in one cycle is more than he thought during the period of regular DCA method. For some reason, the possibility that the price of Bitcoin may fall should be considered in the investment thinking and you may be better off removing funds equal to the profit from the capital after a cycle.
Continuous DCA strategy and accumulation will continue and there is a strong desire to increase your assets from profits. I think selling Bitcoin before the completion of a four-year cycle is a trading mentality, so the long term should be 4-10 years.
The perspective depends on yourself in this case especially for bitcoin because in the end what we call long-term may not be for others and vice versa.
Regardless of whether the duration of time is considered long-term in the end as long as it is more than 1 or 2 halving rounds I think it is considered long-term so there is no need to question whether it is too long or not because it all depends on each perception.
I personally will still make this a long term but as for the investment time made it depends on my own perspective as long as I am still able to withstand then it doesn't matter if it is done for 5 years, 10 years or even more because after all when in bitcoin when the duration gets longer then the effectiveness and risk will be narrowed down so it is quite normal and very worth it to do when in bitcoin for the long term.
As long as we are able to withstand why not.
A more general bitcoin long term investment ranges from 4 to ten years of holding even though also, the longer you hold, the better chances of making something more encouraging.
As long as we are able to withstand why not.
It is very possible to Hodl for As long as you are active which presents bitcoin as a retirement plan order than just an active turnover business. Being active here means before retirement, when you could have a basic income to plan with. To an extent, Long term investment starts and ends in the mind: Your ability to resist push or pull due to market volatility.
You could buy as little as you can hold off your discretionary income instead of accumulating Aggressively possibly by lump-sum or DCA beyond your capacity. The moment we avoid investing beyond our strength, then anyone could buy, buy and buy without getting tired of buying.
You can still be aggressive within your capacity, aggressiveness doesn't mean strangling yourself in a bid to invest into bitcoin, rather it is using a good portion of your discretionary income to invest into bitcoin as a sign of seriousness and dedication to your ongoing accumulation journey. The bad idea is to be over aggressive which puts the investor into unnecessary pressure in his investment schedule which can be as a result of using all of your discretionary income which was initially meant for investing and building backup funds for only investing into bitcoin, or worse still, also using funds meant for your expenses to buy bitcoin. It even puts your bitcoin portfolio at a risk since when the needs arises, you would have no other option than to tamper with your portfolio in order to solve the emergency or need that you should've considered prior to purchasing bitcoin.
yet every investor is advised to be as aggressive as they can without overdoing it or putting themselves at a disadvantage.