Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Ruttoshi
on 19/07/2024, 17:30:28 UTC
⭐ Merited by JayJuanGee (1)
it will help you to earn plenty profit and reduce your gas fee.

It is called transaction fee and not gas fee. Etherum is gas fee.

weekly or monthly withdrawal in the industry because it will not help to achieve your target on time base on the high fee involved
It depends on the amount of bitcoin that you are buying, if you are using lump sum from $500 and above, you can transfer it to your exchange immediately and that is when the transaction fee is normal and not super high. But if you are using little amount just keep stacking it in an exchange till it get up to $500 before transferring to your private wallet.

But making it a long period of years before withdrawal, it will make it more better for you not to be charging big money on gas fee because you know you are about to withdraw plenty, so that it will bring big money no matter the gas fee that will occur in the cause of the transaction.
You are getting it wrong mate, we are talking about how to prevent you spending too much on transaction fee in future due to too many small input made during your accumulation phase  by keeping your coins for a short period of time for it get to a certain amount before transferring it to your exchange and not using an exchange as your wallet for long term because it is not safe to do that. This is because exchanges are in charge of your keys and when your funds are in exchange, it is not yet yours until you have withdrawn it.