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?
It all depends on how long you can hold and how patient you are. Some of us know that Bitcoin is a long-term investment, but we still choose to invest in it in the hopes of making a profit, which is greedy. While we can set goals and make decisions for our investments, the ultimate goal of every investor is to hold for a long time and make a healthy profit. It is always advised that we invest less than we can afford to lose and not all of our savings to avoid looking at Bitcoin whenever we are in a financial crisis. Financial difficulties are the only thing that will cause someone to consider selling their investment.