Quote from: Bitcoin_people on Today at 12:39:09 PM

Quote from: Reatim on July 20, 2025, 07:06:49 AM

i am aware we all have different strategies and goals for our investments but i am sure that a lot of us are planning to hold bitcoin for the long term and it got me thinking what ways could we do to prevent us from being tempted to sell our bitcoins and spend it on unnecessary things

one way is writing off your bitcoins as not yours. that money is not yours to spend. just forget about it. the more you look at it, the more you will just want to sell it especially when you see the value of bitcoin.

do you also do this and does it really work for you?

Basically, I think that those who invest in Bitcoin must have a long-term plan. When a long-term investor buys and holds Bitcoin, he must have a different plan, he keeps Bitcoin for the future. However, sometimes we know that the price of Bitcoin increases a lot at that time there are many investors who sell, they sell according to their profit. However, if you have a specific goal that you will hold Bitcoin for a decade or more, then you should definitely make such a plan. If you can hold such a plan, then in the future he can definitely own good money, an investor must always hold his Bitcoins with patience.

To hold like that is to understand BTC and not hold any hard feelings about the spikes that may occur.

The knowledge builds up confidence, and its provides you the ability to hold without fear.