Quote from: mirakal on October 21, 2024, 05:13:58 PM

Quote from: Sanitough on October 21, 2024, 02:31:22 AM

I was surprised too when I checked the transaction fees, they’re really cheap these days (checked on mempool). As we’ve all noticed, the market seems to be in a bull run already, with Bitcoin hitting $69k and getting ready to break the current ATH, which should push the price even higher. But yeah, it’s interesting how this time around it’s different compared to the last bull run. Back then, fees were really high, making small transactions almost not worth it. We had to wait until the network congestion eased up before moving any Bitcoin.

I think each bull run is different but comes with a common goal, that is to reward us after long term hodling and trading while waiting for the perfect timing to sell. So whether it takes so long or too quick to witness bull run in the market, and the transaction fees might vary, but one thing is certain, if we have the patience and persistency to wait for its perfect timing, then we will all benefit once bull run has finally comes.

You're right, each bull season give people different income because people experienced huge income in this year bull and the transaction fees involved is very low, compared last season transaction fee that was very high, and the price of bitcoin didn't hit $70k in the last bull but it was the highest price people experienced from bitcoin before it hit higher this year 2024. To wait for the real time, is the challenge to some people in this bitcoin holding because there is no how you will endure for bull season to reach the highest for you not to earn surplus incom that will create more opportunity for you to buy more bitcoin in the bear season.