The first thing to pay attention to when holding bitcoins is to prepare yourself mentally. BUY DIP AND HOLD by properly researching when bitcoin price is going down and when the price is going up. I think society and the environment still have a lot of skepticism about Bitcoin, which maybe puts us in a cycle when it comes to investing in Bitcoin. In fact, we are still in the early stages of discussing Bitcoin, which makes us skeptical about Holding Bitcoin. We need to gain step by step knowledge about Bitcoin and long term BTC investing strategy.
I like the word 'still early' . Most people usually take that is already too late for them to go into bitcoin investment, (which is wrong). Because we are still early and now is still the best time to hop in and start accumulating, using any method of your choice ( but one of the best and most recommend for newbies is DCAing).
The reason I mentioned this is that back then I also have , the mindset of thinking that is already late to embark in the journey of bitcoin investment. But as time goes , and after alot of researches I found out, it still early to invest in bitcoin, and after taken the decision I have been bullish ever since, I will advice one should stay away from project that promises X1000 (shitcoins) . Because same rate shitcoins can give huge profit if you are lucky, that's how it can also endup up getting one reckt.