* Know how to manage your investment very important, this will help you scale through some challenges
What kind of management we talkin' about here anyway? We're in it for the long game, HODL mode activated. Not phased by market swings, not even by those dramatic dumps, because history’s shown us they’re just temporary speed bumps. Let’s not forget,
Bitcoin’s "died" 477 times and yet here we are, sitting on one of the most successful assets of our generation.
When it comes to managing your investment, it’s more about how much fiat you're willing to put in. Whether you're buying small during dips or going all in, the key is holding it long term.
Honestly, I wrestle with how much to invest myself, but once it's in my wallet, I’m in for the ride. It just waits there, knowing one day it’ll be worth so much more. Bitcoin’s growth is inevitable, especially with big names that once hated it now slowly coming onboard.
Look at the USA, they used to think Bitcoin was just for shady stuff, but now they’re regulating it and even approving ETFs for the big players.
This is only the start, just the beginning of Bitcoin's climb. You might be tempted to cash out, but when Bitcoin skyrockets, you might regret it. That’s why HODL’s the word.
I think you both are on the same page, you've indirectly outlined some possible ways of managing your Bitcoin investment like not being phased by market the fluctuation of the market, thinking long-term and using the history of Bitcoin as motivation to continue investing. Also, let's not forget that investing in Bitcoin requires patience and discipline to be able to manage your portfolio very well and management too also involves security cause their are some investors who still hodl Bitcoin in exchanges which is not very safe. It's very beneficial to own Bitcoin as an asset but the securing it from online intruders and hackers is also very important and it all falls under the management of Bitcoin investment. Also, it's not only about buying and Hodling to gain profits after a long period but buying continuesly, accumulating more Bitcoin to your portfolio periodically for long-term that's the best way to go about Bitcoin investment. Bitcoin has come to stay, though there were people who doubt it's potential in the past but I think some of them are beginning to retrace their steps, more people are gradually understanding Satoshi's idea and seeing it's benefits for different usecases. As we can see, Bitcoin is gradually heading to another possible ATH so it's best to Hodl than take profits cause of these sudden upsurge.