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    Author Topic: How to hold Bitcoin for long term without being tempted to sell.  (Read 1123 times)
    tabas
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    January 26, 2025, 09:50:36 PM
     #21

    6. Time-Locking Solutions.
    Some platforms allow you to lock up Bitcoin for a specified period to prevent impulsive decisions.
    This will really help you, when you have set out plan to hold for 10 years and you lock it for that 10 years you can only deposit more Bitcoin but  you cannot withdraw or sell it till that 10 years is over.
    I will never probably use any time-locking solutions that will lock my funds for a specified period of time. I'll do the time locking alone and will just set it in my mind. We will never know what might come in the future and you've got some additional funds to pull and when you have no choice, you'll never be able to use the holdings that you have. The best solution to not spend the Bitcoin holdings that we have is to have another source of income and whatever is left in BTC, think of it as forgotten forever and you'll only have to spend them if you want to in the future.


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