In holding Bitcoin for the long term, an individual should focus on his financial aspects. In the case of investing in Bitcoin, if an investor thinks that he will hold it and see what happens, he should move away from the thought of holding it. One should take one's perspective to such a level that it is not possible to hold it for the long term. There is no such certainty in investing in Bitcoin that can 4 to 10 years, but the longer Bitcoin can be held here, the more the possibility of profit will increase. An investor will never be able to have long-term trust in Bitcoin if he does not have financial stability. If he does not have a discretionary income. Therefore, it is important to establish trust not only with faith but also with his own structure. It is necessary to create an emergency fund before investing in Bitcoin.
Your comment seems very confusing. An investor's goal should be to keep buying until they have accumulated enough Bitcoin in their portfolio and hold on to their holdings until their term expires. It depends on the investor whether they can hold on to their holdings. If a person is patient, they will be able to hold on to their investment. If a person is not patient, they will not be able to hold on to their investment.
There is no need to build an emergency fund before investing. For example, waiting to build an emergency fund before you start investing is never a good idea. You can build an emergency fund alongside your investments if you want. For example, if you have $50 to invest after deducting all your expenses, you can invest $30 and build an emergency fund with the remaining $20. Try to have an emergency fund that is 3 times your regular income.