Quote from: BTCGalaxyA12 on May 08, 2023, 04:43:50 PM

Quote from: JayJuanGee on May 07, 2023, 04:52:28 PM

If you learn what is bitcoin, and then you learn how to use bitcoin in a sentence, then it may well help you to better learn what is going on and to be able to figure out some investing strategies in terms of what are you going to do in order to attempt to build the size of your bitcoin holdings, whether the BTC price is down or up, and then surely once you are spending time building your bitcoin holdings, then at some point you can attempt to figure out whether or if you might invest into some other products that might fall into the category of "crypto" or shitcoins or gambling with some of your value...

Tips that are quite simple that do not experience the slightest obstacle to implement.
Hard for those who don't want to apply it and easy for those who want to do it.

Questions often arise in my mind when I'm doing nothing in front of a computer screen, why do they delude themselves too often by presenting themselves as if they are strong in holding Bitcoin, even though they often discuss price figures in the market based on charts.

By the way, given the ever-increasing conditions of Bitcoin transaction fees, perhaps the resulting hectic activity could be a reason to build Bitcoin ownership without having to care about rising or falling prices.

Of course there are a variety of ways to think about bitcoin without ONLY thinking about its price, but the BTC price tends to be a pretty decent long term free market indicator that reflects upon other things that are going on in bitcoin, and surely there are going to be times in which price is not very well lined up with "what it should be", but as long as bitcoin remains alive and remains a somewhat free market, it is likely that the price is just going to continue to go up, even if there could well be decently long periods of price suppression along the way.

So yeah of course, related to recent transaction fees, we are seeing a lot of clogging of the network right now, and it remains interesting to see how mining might respond to such increases in fees (that involve both the reward and the fees)... and sure there are also likely a lot of relatively pisses off bitcoiners who have been used to transacting on bitcoin's base layer, and if they want to continue to attempt to use bitcoin for transactions, then they likely may well need to figure out some alternative ways to transact, including either delaying their transaction(s) or perhaps looking at some kind of a bitcoin second layer, such as looking at lightning network as a possible alternative way to continue to be able to transact.