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?
honestly.. i don’t try to (forget) my bitcoin.. i just think of it as something i have already locked away for my future self.. for me the trick is not mixing it with my everyday money.. if i ever see it as (spending cash) i will probably get tempted but when i treat it like it’s completely off limits.. kind of like savings i can’t touch.. then i stop thinking about selling it every time the price moves
so i guess for me it’s not about pretending it’s not mine but about seeing it as mine later.. not mine now