Post
Topic
Board Economics
Re: How do you work toward hodling bitcoin?
by
CryptopreneurBrainboss
on 18/11/2023, 02:40:47 UTC
Yet building a fresh business from scratch isn't easy, most often, I still use bitcoin to invest on the local online business. Still keep me yards back from achieving my goal of hodling bitcoin made through online business. Contribute your thoughts and personal experiences. As the influencer didn't elaborate how he made his possible.

The best way I could see this been possible is by allocating a percentage of your earners for hodling and making that your investment in Bitcoin while you use the other percentage of your earnings for expenses and reinvesting into your business or building other businesses. Hodling can be easily done when you have income coming from other businesses or sources and you dedicate an amount that you want to be saving for the future.

We're hodling out Bitcoin for profits so if our business is also giving us profits, I don't see a problem with reinvesting our Bitcoin into our business and growing it to a point which it can generate enough profits that'll make it easy for us to be buying Bitcoin and hodling.

Another strategy you can use in hodling your Bitcoin perfectly is when you buy through DCA, this way you won't be out of cash for reinvesting into your business or doing other things as the amount you'll be using to DCA monthly won't be much that'll make you go broke or run out of cash. As you keep building your portfolio, you get more motivated the keep on hodling. When you just started investing in Bitcoin, hodling becomes a little difficult but as you grow in the industry, it get easier.