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?
I see your point, but one thing about investment is that what you put in stays in, and you need to have something that keeps you going without touching what has been kept in for the long run. It is okay to stop adding into the investment plan for the reason of needs, but don't take off from the investment if the need is not very crucial and necessary. Taking some discretion in one's investment is very crucial and here in the crypto industry, we know very well the importance and power of patience.