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
Firstly you have to make up your mind that you going to be holding for a long term, you shouldn’t be tempted to sell just because of the slight increase in bitcoin price. Also if you have a source of income, then you wouldn’t really be worried about the bitcoin which you holding in your wallet, so you should try and work towards having multiple sources of income. Make sure you have emergency funds, incase whenever there is any emergency, then you won’t have to start thinking about selling your bitcoin. But make sure you have a target, and if the target isn’t reached yet, then make sure you don’t sell.