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.
Having a strong belief in Bitcoin is the most important thing for those who care about Bitcoin in the long term and besides that you don't need to learn more about Bitcoin before starting it and the most important thing is that you see, learn and also understand its traces. Because the Bitcoin trace will be your motivation to continue to pursue Bitcoin in the long term without caring about the unpredictable market situation or reaction, and all you do is keep trying to collect more Bitcoin which is done routinely consistently and save it for the long term to generate big profits and this is what you should do because you can learn more about Bitcoin by doing what I have mentioned because delaying it with the excuse of wanting to learn more about Bitcoin is not a good idea because you will miss the opportunity if you delay it.