It has been so dramatic with how we define the duration for long time investment. Everyone have their own view of how they think their patient or investment plans can sustain them all the while.
Some foresee the least 4 years some foresees 8 years and above to be a long term plans but yet, some says either 4 to 8 years is not enough to be long term plans but 10 years and above.
I think this is a psychological matter where your emotions and your alternative source of income flows have to determine your goals and as well your time of holding before taking a sells decision.
So to you all, when is actually the timing limit for long term investment plans when invest on bitcoin?
To invest is also a plan. I think it will be a good idea anytime we are about to invest; we should know the nature of the investment we are about to do and also know how much to invest, as a long-term investment is not money that can be touched when needing urgent money. As anyone knows how much bitcoin was worth in the last 10 years, people who invested in the last ten years to now without interaction only them can understand the kind of luck they are today because they know what bitcoin have returned to them as profit. When you are about to invest in the long term, 5 or 10 years, you may see it as very far but once you made up your mind and do it for once and make something reasonable.