Hello,friends
The question is addressed to hodlers who have been hodling bitcoin for years
Sooner or later there will come a moment when we will sell the bitcoins we hodl and have to invest this money in something else to create passive income
It can be real estate,any business,buying land and renting it out or something else
Very few people will sell bitcoins just to spend this money in a few months,at least i don't know such people
Everyone here is a smart person and everyone here has thought about where to spend this money
That's my question
P.s. I'm a holder myself,i'm thinking about strategies and i'm interested in the opinion of other hodlers to put these ideas in my head and think about them
-Regards
The tip is to never take your feet out of the water. What I mean by this is to always keep your holdings in the crypto space no matter what happens, and even if you're planning to splurge on a large purchase.
When I was new and was not as confident as I was right now in this industry, The moment my money shot up from the 20k bitcoin ATH back in 2016 I pulled out all of my shit and made myself liquid, thinking i'm set for life with the millions that I have at that time.
I quickly realized that money when not working is easy to fade, and in a few short years I lost it all, if I had kept some of it in the crypto scene, day trading and perhaps just holding some of my coins I wouldn't have to deal with that and even now that I was able to make more money than what I once lost I still feel a little regretful that I took out all of my money in the crypto scene back then.
So yeah, just take what you really need, and nothing more. Keep your investments here.