Quote from: wxa7115 on Today at 04:15:24 AM

Quote from: Kaliandra on May 10, 2023, 12:53:13 PM

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.

2: my goal of investing in btc is for a 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.

i want to hear your opinion,,,
and are you freaking out about the high btc transaction fees...?

but in my opinion if transacting btc it would be better to use a cheap transaction method.

If the only thing that is stopping you from spending your coins are the high fees then you will not be able to hold your coins for long as I doubt the congestion on the network will last forever.

Now I will not deny that out of convenience I am purposely avoiding making any bitcoin transaction at the moment, but since I am convinced about the potential of bitcoin, not only as an asset which can go up in value but as a technology which will be widely used on the future, then it is way easier for myself to hold my coins even if there are some things which I would like to buy at the moment.

it's unfortunate to do bitcoin transactions especially during the bearish season, holding it will be more profitable for the future. for me I prefer to group finances, if I want to buy necessities, then I prefer to use fiat money which I have divided to make ends meet, while for investment, I will only convert to fiat currency during the bullish season , but I also set aside some of it to invest again when the market is bearish, I have done that as long as I know bitcoin from 2017, and I think it will be more effective