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
First you need to understand that the fact someone who had initial plans of holding their Bitcoins for the long term but sold in the short term does not mean unnecessary expenditures.
They sold for vital and necessary reasons that are best known to them but we can only say they deviating from your investment plans of long term to Short term is not encouraging. Especially to those who takes the decision out of emotions.
So literally if you want to be strictly abides to your long term investment goal, build your emotions resist FOMO and investors sentimental behaviors and also strive on maximizing your source of active Income so that you either don't have to sell out of emergency needs.