Topic: How to prevent selling your bitcoin prematurely, use this strategy (Read 455 times)

My strategy is even easier, because I follow the 80/20 method. You buy 100% Bitcoin, but you spend only 20% of it and the other 80% goes directly into cold storage.

We have to spend some bitcoins and I think 20% is more than enough. If we do not spend any bitcoins, merchants will stop accepting it as a payment option. 

Remember I said this is what I used and it works fine for me. Also Crypto is my primary source of income, I'm still dependent (a student) so I'm investing my way to my financial freedom. My country Nigeria don't even have enough job for graduates, if you're suggesting I should get an alternative job. When you say spare I laugh because most people that give that advice don't even follow it.
Investment is more of a money game, the higher you invest the bigger your profit.

Well we have different strategies and its for us to adopt someon strategy. Therefore all strategy can generate profit, because making strategy or thinking about it has the goal of to make or generate profit. But then it differ on how we work for it, how much money we have or how long can we allocate to it.

It is not the best strategy though since we need to work here to maintain our capitals levels but in regular form of investment there is no need to work like in signature campaigns or aridrops which have no related to your investment.I also don't suggest you to invest in altcoins because those value might turn into very low soon so just keep that $3000 as cash and use them whenever you need in emergency situation.

Simple, always have monitoring on the value of bitcoin and give your 100% patience and trust. It is good also while waiting or monitoring, you will join some bounty campaign or airdrop which gives you profit in a form of tokens.

Many individuals get attracted to Bitcoin because of the potential ROI they see in the investment instead of using bitcoin as a day to day currency. Those individuals (investors) do every right until a dip in price of Bitcoin occurs then they panic sell (most times selling at a loss just to prevent more losses) but not all are that smart to play the market, making the most out of it.
Some individuals try the Hodling strategy but get catch off guard once they run out of cash are in need of urgent fiat currency then they cash out making them to miss on any potential ROI their investment would had given them.
Some even try the day to day, weekly or monthly trading but not all succeeds.
            

For any investor that have experiences any of situations mentioned above no worry because you can try the strategy in used below or take advice from other users replies.
 
My investment strategy, : (budget $20,000)
 Note: this strategy can work for any budget ratio 85:15 and was deployed based on the reason crypto is my only source of income.
1: instead of investing all my capital into bitcoin, i invest $17000 in bitcoin, the remaining $3000 goes into 6 different altcoin (I.e $500 in each).you can draft out yours.
In a situation where I'm in need of urgent  cash, that's where the altcoins come into play. They would be sold and that way I won't have to touch my capital investment in Bitcoin. This enables me to HODL for as long as I want.

2. I participate in airdrops. who doesn't like free money? Till date I have participated in over 150 airdrop, one of the best was hydrogen token cashing out about $3000 cool right ?.  The point I'm making here, is I participate in these airdrops to have altcoins I can turn to, if I find myself in need of urgent cash that way I don't get tempted to cash out my Bitcoin investment.

3. Join signature campaign, now this I was not doing until I stated spending more time in forum so decided to earn while I learn too. And so far, that have been going great and I haven't touched my initial investment in Bitcoin.

Now I know this might not be the best strategy you must have heard of, but it works for me and ever since i bought Bitcoin (late 2016) I haven't touched my bitcoin investment) in fact most times I even forget I own Bitcoins. Feel free to drop your strategy below, you might
just help a soul (potential investor) by so doing.

Investment value will all depends on our faith and belief in crypto currency but in the first place granting that we have money for it because if we force to use money that tend for other purpose then the most possible happen is that we have to sell our coin prematurely because we badly need money.