As soon as the paint dries you will no longer get any bleed. And it depends on which blue tape you are using. It should have that on the inner core of the roll somewhere. Also, a trick the tape vendors have told me, if the tape is one of the new "bleed resistant" tapes, (most of the name brands for 2-3 years. 3M,frog, etc.) take a wet sponge and run it along the tape. This will activate the adhesive/bleed "blocker" before you put the paint on. The "blocking" property of the adhesive is activated by the moisture in the paint, and by wetting it beforehand with water it won't let the paint bleed under.
Also, make sure you take a finger and "burnish" the tape once you have applied it to give it a tighter seal. Many people just stick the tape on and don't do this, and the paint will bleed under because of it.
I would recommend taking the tape off as soon as you can. Just because the tape says you CAN leave it on doesn't mean you SHOULD leave it on. Different paints have different hardness and curing properties, and i doubt if the tape manufacturers have gone through the trouble of testing their tape with every brand of paint.