I know there are some newbie thinking what to do to hold bitcoin, first, if you save money in your bank account, you can use the money to buy bitcoins and hold which is the wish of many holders in the community, secondly, if you grow your bitcointalk.org account to full member above and apply for signature campaign, and if you are accepted in that campaign, you can hold bitcoin which is the easiest way many people use to hold bitcoin.
It is one thing to invest in Bitcoin and another to hold it because not everyone that buy Bitcoin that are able to hold it for a long time because there is a whole different requirements to holding Bitcoin. If you use all your savings in the bank to buy Bitcoin without making provisions for your needs, you will be forced to sell your Bitcoin just in a matter of time. From what I have learnt in this forum, to hold Bitcoin, the following must be in place:
- A source of income that will cover basic needs
- An emergency fund to cover any emergencies that was not envisaged when planning the investment
The above two conditions must be in place to protect the investment from unplanned liquidation. Earning Bitcoin from the forum through signature campaign is a good way to save provided you have other means of meeting your basic needs because many people rarely hold because of no other means of surviving, so they spend the Bitcoin they earn from the forum on basic needs and other things.
you can sell you land and property to hold bitcoin, which I have see someone on television some years ago, sharing his wealth secret to people, how he sold the land he inherited from his father to buy bitcoins and hold for long term before he sold to make money that turned him to millionaires in the country. What are the other ways people can hold bitcoin.
The last known person that sold his house to buy Bitcoin was CZ, the former boss of Binance exchange and he will never advice anyone to do what he did. So I will not advice anyone to sell his house to put the money in Bitcoin because that will be like mortgaging ones peace of mind especially now that Bitcoin has refused to pump after halving, anyone tried it this period would have sacrificed sleep. The way to go about investing in Bitcoin have been outline and part of the requirements is to invest amount that will not make us to panic.