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?
If you will get tempted at some point then you actually follow the proper method of investment into Bitcoin.
You shouldn't use money which you can't afford to lose to buy Bitcoin, this is where the major problem lies, many who has invested into bitcoin used the money they need tomorrow and that why they won't be patient enough to hold their Bitcoin should hold and wait for the right time to sell.