As for my personal plans to make the most of Bitcoin investments before the halving, I'll focus on regular investments without dramatically altering my lifestyle, ensuring a balance between saving and enjoying life in the present. Here are the habits and behaviors I have adopted to ensure that I make the most of my investing in Bitcoin before that day arrives:
- I turned my apartment into a shared one, meaning I got a flatmate and used the money paid to buy more Bitcoins.
- No more buying new clothes, shoes, phones, or electronic devices. No more eating out. I'll cook all my meals. The money saved will be used to buy more Bitcoins.
- This month, I'm selling off my car and I'll start using the train for commuting to work or any other essential place. Therefore, unless it is absolutely necessary, my social life is going to suffer for a little while. This delay of gratification is worth it.
- I didn't renew my gym membership. I purchased some dumbbells and barbells to start working out from home. The money supposed to be spent on the gym membership will be used to buy more Bitcoins.
Many people can accumulate wealth with the help of Bitcoin or other constructive investments, but this can be threatened if the situation is not good. Unless you want to permanently stop a social life, you may be asked to participate in communal activities and stay safe. One should not only rely on Bitcoin to ensure your self-reliance and social security. You are quite careful with your investments. The most important step to take when investing in Bitcoin is to judge your needs and process well. It is very important to monitor market conditions and stay safe. This can be a good way to invest if you keep your faith and ask.