Post
Topic
Board Bitcoin Discussion
Re: with the high transaction fees btc makes me stronger to hold btc.
by
OcTradism
on 10/05/2023, 13:01:39 UTC
1: having expensive btc transaction fees makes me stronger to hold on to btc because I don't want to waste my money on expensive transaction fees.
It is passively holding your bitcoins, not proactively. You are forced to hold your bitcoins because you don't want to waste too many satoshis for transaction fees. If you don't proactively do holding it, you will return to not holding it when mempools are clearer and network has cheaper transaction fees.

Quote
2: my goal of investing in btc is for long term investment so with expensive transaction fees
makes me stronger holding btc, because my goal is to invest in btc for the long term.
You can take this time to change yourself. Hopefully you will become a better holder, in future when you can move your bitcoins with very cheaper transaction fee but you will still hold it, not move it to exchange and trade it.