Post
Topic
Board Bitcoin Discussion
Re: Hodling Bitcoin
by
Willitivity
on 13/07/2023, 11:20:11 UTC
Bitcoin hodling is something almost everyone on this forum is eager to partake in or already partaking in.
However I did some research and discovered most forum members do a lot of Bitcoin transaction, and sometimes leaves them with little or no hodlings in their wallets. Of course Some on the other hand have most of their Bitcoins as hodlings in their wallets  although they still transact with Bitcoins . Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.

Though hodling Bitcoins can be tempting to transact with sometimes

Personally, I believe people most of the time, have Bitcoin for holding and also a few stash for transactions. The thing there is that moving Bitcoin round all the time from your holding wallet is really not a wise choice for me, especially when the holding wallet is a cold wallet. Best bet is to hold some in exchanges or dex wallets for day-to-day spending, then long term holds should be kept safe in a cold wallet.