In my opinion, if someone wants to hold their money well through Bitcoin, then they should hold it like a bank fixed deposit. Think of a 3 year or 5 year term. During that time, you should not move any of your held assets. Because checking the market too much automatically creates confusion in your mind. However, in my opinion, setting a specific goal is the best option. When your goal in mind is complete, you will start spending your assets.
Your suggestion is good, but to hold bitcoin for long time is an easy thing as we may think from my perspective, so theirs something I want us to understanding concerning holding of bitcoin for long-term
If you don't have another thing that gives you money and you sustain from the thing, I don't think that we can hold bitcoin for long-term, people who hold bitcoin for long periods of time are people who have another thing that regenerate funds for the person. So if you hold bitcoin without having extra thing that sustain you, it's obvious that that person will end up holding nothing, because it will surely interrupt the long-term holding