This is a very delicate topic. As a matter of fact, I wasn't going to post at first, my only interest in this board being japanese, but since I do have some experience on the matter, I'd like to put my two cents here, and give you a different opinion from what most likely people will say.
First off, if you are looking for people to pat you on the back and say it'll all work out, I'll disappoint you. Life isn't that easy-going.
A [love] relationship by definition involves physical presence (note that I'm not saying "contact", so please don't misunderstanding and think I'm talking about sex). To put it simple terms, if someone in China loves someone in Alaska because they saw each other once for a short while, but neither of them is likely to see each other again, that's not a relationship, and will not work out.
Normal relationships are hard enough as it is. Long distance relationships requiere patience... well, anyone knows that. However, the patience they requiere should be a countdown for seing each other, and therefore being able to develop the relationship properly. If you will rarely see the person at all, and neither you, nor the other can picture a moment in the future where you'll be able to see each other as much as you need to, then that will most likely turn out tragically. In fact, I'd pressume that out of 10 self-proclaimed "distant relationships" only 2 are successful. It takes a lot of effort to maintain it, as well as absolute and complete trust in the other person. If you doubt for a moment and think the other person might be seing someone, whether you are right or not, that'll certainly cause many conflicts and eventually one side will give up.
If you are young, I'd dare' say it'll be complicated to push forth such a relationship because you still don't have the "power" to take decisions about your own life. That will mean that you'll depend on your parents, the lovers' parents, or perhaps the lover itself, but if you love a supposedly love a person that much despite the distance it should be you who pours the every fiber of your being to achieve the goal of being with that person.
Leaving aside rights and wrongs for a second, long distance relationships are not for anyone. Then again, I don't think there's an actual way to know whether you'll last or not, even if you think from the very beginning you'll do, things don't usually work your way. People can change, and so can feelings.
If from all my forementioned nonsense you'd have to gather a piece of useful information (advice), I'd say that you really, really need to think about it. Think about the future, and think realistically. Don't say "well, yeah, I'm going to buy a plane, get a license and see him/her that way". Think that relationships need to be with a physical person (at least, that's the way it works out for us, humans). Sure, you can spend time away, but only if you know that on the future you'll see that person.