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Author Topic: How to prevent selling your bitcoin prematurely, use this strategy  (Read 452 times)
thankyoulord
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October 11, 2018, 03:56:31 AM
 #41

Nice strategy you have, but remember what worked/works for you might not work for everyone. I will personally suggest that you take calculated risks. Even if you decide to sell your bitcoin today, let the decision really be worth it, let it really be what you want, not done out of a shaky emotional heart or influence of your peer group or any other thing unrelated to absolute market drive. So be watchful when you're beginning to make moves that don't seem logical enough or moves based on mere emotional ground.

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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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October 11, 2018, 05:24:52 AM
 #42

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. <Preferably paper wallets, because they are more difficult to access, when you quickly need some money>

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.  Tongue

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October 11, 2018, 07:54:29 PM
 #43

Yes joining signature bounty earn you money and setting up strategies prevent you from running into financial loss, most a time your strategies saves as a guide for your investment.


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October 11, 2018, 08:46:01 PM
 #44

In order to prevent selling bitcoin prematurely is by joining different bounty campaign because you can earn profit by joining that.While waiting for the right time you earn income which which will give you additional money.

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BCTalkaccountforsale
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October 11, 2018, 09:08:44 PM
 #45

Choosing the investment time is important but more important is the trust in your decision. I do not think that long-term hold is best for a penny because there are so many factors that will affect you holding it later. Opportunities come to us not so much so cherish and make the right decision.
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October 11, 2018, 09:20:52 PM
 #46

I don't have any strategies, only think if price is good,or when on urgent situation i will sell my bitcoin. But if not really good and i still safe to keep it, so i keep it. And i never look on exchanges, only price in google.

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October 11, 2018, 09:24:55 PM
 #47

Just don't follow the market all the time and give yourself a little break from it from time to time. I find it very helpful as you will just end up beating yourself up all the time if you keep staring at the prices going up and down.
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