I have been gaining knowledge about Bitcoin for the past one year. When my knowledge was narrow, the fluctuations in the Bitcoin market price made me unstable. Now I am constantly gaining knowledge about Bitcoin which is making me confident about Bitcoin long-term investment. So you should gain deep knowledge about Bitcoin which will help you hold your Bitcoin for 10 to 12 years.
We actually made profits more being a long term holder than short, those that have been holding for instance over 5 year to this time know what they were already into, the same way you cant compare them to those already holding 10 year ago, so in support of your idea, we need more time to be a holder if we are truly going to be long time investors, than those who could be inconsistent with their holding base of the market reactions they see, that is why we need to build up our confidence in what we are investing, to keep holding irrespective of the market condition.
If you invest in Bitcoin for the long term, it can definitely give positive results, if you decide to invest for the long term, there is no reason to panic during every short-term volatility in the market. Because Bitcoin will show a lot of volatility in the short term, but if you hold it for long term 8-10 years, then it will definitely give you success. Every volatility or correction is actually an opportunity in the long term, and real success will come only if you can utilize this opportunity. So long-term faith and consistency are very important things, success is not very easy, you have to endure these and sustain long-term investment, only then can effective results come.