So to you all, when is actually the timing limit for long term investment plans when invest on bitcoin?
Two years is what I consider long term investment for me. And that is a very long time, maybe because I am counting it in number of days and not the number of years it self. And you know that bitcoin is fastpaced. You can make a lot of life changing money in bitcoin within the space of the two years. And when that two years reaches, I re-evaluate the what I have achieved and either continue or take profit and leave the capital to continue another cycle. That it my long term investment there.
Any investment that can at least last a two year of holding should be profitable, also for those interested to invest and go to this extent or even more using the same approach, then can targeted at buying the dip and holding, this is more advisable to do, because it will not be more interesting when after we buy at high them the market begins to fall, instead its more better that we buy at every dip and continue to hold until we are profitable.