Of course, if we might know about some of the details of some newbie investors, such as if they are reasonably investing within their discretionary income and they are providing themselves with various kinds of cash cushions, then it may well become more and more likely that they are going to be able to have a consistent investment in bitcoin and they are not going to be easily shaken out of their bitcoin investment due to lack of proper financial preparations... yet sure, there could be other things, besides having solid financial preparations that could influence whether a person decides to stay or not in their bitcoin investment in the long term, such as 4-10 years or longer.
determining a plan is something that must be considered, because this is something that is also said to be important. if you think about it, for those who are just starting to invest in bitcoin, they have their own strategies and choices that they think are the best choices for themselves, whether it is long or short term, they will take what they think is good.
Starting out as a newbie in bitcoin investment does not necessarily translate that you would stay long and that does not mean that you’ll opt out as soon as possible. Other factors can contribute to how far you’ll be staying in the bitcoin investment. You just have to be sure that the factor is not such that cannot be handled by you when you’re already going far in the investment. You’ll definitely face some challenges like the cash flow, market conditions and other unforeseen circumstances that may annul your investment process, personal and urgent miscellaneous.
Sometimes, you might have already made up your mind and all you need to do was to continue and cross all the hurdles that may stop you from continuing, some cannot be overcome and you don’t have the choice than to pause and continue some other time. This is why it has also being necessitated to have a continous source and flow of income that can supplement your investment, when you can’t take from their to grow your bitcoin savings anymore, you can stop and continue some other time without touching the one you’ve already gathered over the time.