Before you invest in bitcoin, you must have had a long-term purpose for your investment. Which every crypto investor normally has a target price for his/her investment. Your target price can take years before it hits the price you want it to be.

So, the question now remains what's your target price for hodling bitcoin for so long? Are you ready to hodling bitcoin for so long or not? before it gets to your dream price. I think you will be in a better position to answer how long you are to wait

The truth is that I am not very expert in investment, I do not even know many things, but I can assure you of one thing, that if you buy Bitcoin right now it is the best thing you can do in your life, what I want to tell you is, that if you love yourself yourself, you should buy bitcoin if you have the economic means, because it will be the investment of your life and your early retirement ´because there will be no other asset that rises as much as Bitcoin, I do not think that bitcoin will die, people already they ask how to get the bticoin, why it seems so expensive to them and a person who doesn't know much, is going to say, if it was at $20k and then at $70k it will surely go up to $150k and then it will continue, it is the best investment-savings that can be do.

Specifically for Bitcoin: Unless you know trading, long-term. Investment in bitcoin should also not be done in just one big chunk instead make a habit of averaging out your deposits on every dip. This way you get the overall asset at a better average price. People who bought everything on the tops of 50 and 60 are still regretting but yes at the current price it might still look tempting to do investment in one shot. So consider this as well.

General Investment Advice: Invest based on your needs and aspiration. Everyone when he invests has a goal or vision in mind so invest according to that vision and the horizon of your aspiration. That will be a better plan than investing merely based on the asset.

Long term investment will always be better than short term even if you go for established altcoins in the market. That way, you won’t be affected with price fluctuations because you have set your long term goal, and you only have to sell not in the start, not at the middle, but definitely when your investment is at its highest peak. And the best way to achieve it is through with bitcoin.

We aren't your financial advisor at all, so we may just express your opinion. We can't advise you what should you do at all. Pro traders don't just hold, they take advantage of the volatile. It's called middle time hold actually between short terms and long time hold. Short time means just getting out when you have some profits. Midterms mean you have a good profit and you want to take advantage of the volatility and buyback again. Long terms mean just leave it till a notable amount of profits. Since you are a newbie, then better hold for the long term and learn more about it. So you might take some advantage later on.

There is a reason why the term HODL is one of the most popular in cryptocurrency. Its one way with minimal risk to make the most returns on your cryptocurrency. It's become traditional  and all you've got to do is have the funds for a start up and have some patience. Patience is what makes most users fail in cryptocurrency as, they don't have what it takes to go on a short term but still are too hasty to source for profit in short terms investment.
There is a risk in quick money and even worst still when you swim alongside professionals with many years of experience. Go long.

Bitcoin is a good investment for long term and nothing else.

Bitcoin halving that has a four year cycle is the reason why Bitcoin has a bull run every four years and it's not just the hype that makes the market go on bull run but it has something to do with the supply of Bitcoin that's why it's a good investment for long term. Unlike any other altcoins most of them are following the trend of Bitcoin. If you do the short term investment make sure you know what you are doing because it's like trading but the profit is not that great.

For me yeah long term hodling is the most effective way when it comes to newbies though some pro's did it too but it is the matter of choice whether or not you do it short. If your investment in crypto is just your extra money then I highly recommend to forget it and leave it for years. A lot of people in the crytocurrency community had experienced this what we called "regret" when they have some good crypto before just like Bitcoin and spent it after a few days or months after they bought it or mined it.

For me personally, I still feel like a beginner, because in terms of my ability I am not yet reliable, even though I often buy bitcoins as you mean, and with the aim of posting that because I have new capital to invest in bitcoin. so it doesn't mean i never buy bitcoin. but just asking everyone, about short term and long term investment.

(not financial advice)

I think everyone has their own needs but you must be able to manage your finances first before actually buying and investing in bitcoin for the long term. many people sell bitcoins that they buy before the price really goes up (profit) just because of an urgent need.

group your income and also your investments well, Bitcoin is highly recommended for long-term investments, so don't mess it up.