Post
Topic
Board Bitcoin Discussion
Re: Hodling Bitcoin
by
Wapinter
on 16/07/2023, 19:43:00 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

BTC is not meant to be hold in wallets like gold. It is basically a currency and should be used for transactions and trades.
However increasing demand with limited supply has made it's price soar to sky and many people fear that they might not be able to lay their hand again on BTC if they spend it now.

Once all BTC are mined and all of them reached to bitcoin holders wallet, people will eventually start spending them directly instead of first converting them to fiat.