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?
when you have the decision or determination of holding bitcoin for long time you will purchase the Bitcoin with your spare money and immediately you purchase your Bitcoin make sure that you have something that is giving you a weekly and the monthly income that will deprived you not to touch your investment money, so when you have something that sustaining you it is obvious but you won't touch your bitcoin investment but when you don't have anything that you sustaining you it is very clear that you can make a withdraw from your bitcoin investment at any point in time so that is why we have to have what we are doing before we invest and we don't need to use all our capital to invest in Bitcoin in the name of investment