Investing in Bitcoin is very easy, but it is very important to know the strategies on how to sustain the investment in the long term. A person can sustain Bitcoin in the long term only when he can manage his money properly.
Because if you have just started investing in Bitcoin and cannot find a place to earn extra money, you will not be able to sustain your Bitcoin investment immediately, that is why I say that if your place of income or job is confirmed and the money you get from there meets the basic needs of the family or basic needs, then invest in Bitcoin with the extra money that remains.
If a person invests in this way, then he will definitely be able to sustain his Bitcoin investment for a long time, and patience is needed to sustain Bitcoin investment in the long term
Yes easy if we talk about buying it then hold for long time. What makes it harder is how you gonna deal with your emotion for seeing those volatile movement of Bitcoin since there's unexpected situation that will come up that will test our patience and belief.
That's why aside for accumulating Bitcoin we should have at least basic knowledge so that we would know how to determine right and correct information since there are to many misleading things spread by people online.
Also its important to have a good cash flow since this is important when dealing with Bitcoin for long term since if you can consistently accumulate it without getting any outside issue, the chance for us to succeed is high.
In bitcoin investment ---- Patience, managing, finance is very important if you can control it then the possibility of long-term investment will run smoothly even though in the middle of the road there are always twists and turns but somehow we must be prepared to face it.
For me is to maintain monthly income, in addition to other sources, financial management will be very good for our needs and put dollars in bitcoin, yes as you say cash flow must be maintained.
What I do ---- additional sources will be entered into bitcoin in addition to a percentage of monthly income so that a little aggressive investment will be able to produce more coins.
There are also other problems, of course it will be adjusted and it will not be as long as the accumulation becomes aggressive, the important thing is to keep buying every week because this is part of the original plan.