Post
Topic
Board Bitcoin Discussion
Re: Hodling Bitcoin
by
cheezcarls
on 14/07/2023, 12:48:01 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

I hold all of my BTCs in my Ledger Nano S and it's much safe to store there than in centralized exchanges, software wallets, etc.

Last year, I have done DCA with Bitcoin every month straight to my Ledger Nano S wallet when BTC is around $20k to $23k range.

Even if I am in profit right now, I still want to hold them in preparation for the halving.