Quote from: Patrol69 on May 08, 2023, 09:37:58 AM

You can divide your salary amount into several parts. One part you will spend on your family one part you will spend on other expenses and one part you will keep in your savings account and another part you will invest in bitcoins. I don't know your salary amount but if you can plan like this it will be good for you.

Investing in Bitcoin for the Long Term If you ever need money, you will spend that money from your savings account but never sell your Bitcoin investment. Holding this investment for a long period of time and increasing the investment amount every month will at some point see you reaping good returns on your investment.

Buy and store" is a strategy commonly known as "buy and hold". I agree with you but a bit consideration is required here. Buying and store is an idea only when you have a lot of spare capital with you. I you have some spare money to hold for a long period of time, so you may spend that in BITCOIN, or in any other However, I believe that for a small trader, by-part trading is more advantageous. Additionally, the buy and store strategy can be a practical approach for long-term investors who believe in the potential of cryptocurrencies. Before investing for a long time, adjust your strategy; make risk assessment as needed based on your investment goals.