There are many strategies through which Bitcoin can be held as an investment. But before investing, you must think about what kind of investment you are ready for. But you can expect good things by holding long-term investments. As I am a small trader it is very difficult for me to hold Bitcoin for a long period of time. Because it depends on me to provide money to manage my family. So it became mandatory for me to sell bitcoins to procure daily necessities. But I want to make myself financially independent. Constantly struggled with how to successfully hold long-term bitcoin investments.
All investment strategies depend on how each of us manages them. I am also a small trader, the strategy I am currently using is to apply the DCA method as the basis for my investment. Indeed, my goal is for the long term, but sometimes I also have urgent needs so I have to sell some bitcoins to cover my needs, but of course I sell them if I make a profit, and I leave the rest for the long term.However, I still use the DCA method even though I have to sell because of an urgent need. The point is that I continue to do this until the target we want is achieved. I also consider bitcoin investment as saving money because I don't believe in banks, I only use banks for transaction needs. That's why it's important to look for additional income so that your long-term Bitcoin investment is maximized and not disturbed when there is an urgent need.
