Topic: with the high transaction fees btc makes me stronger to hold btc. (Read 438 times)

Btc high transaction fee will not bring any positive change in btc because we have seen Ethereum high gas fee which only increased the complain and when other chains are introduced with low fee, many investors migrated to these chains because they doesn't want to spend high fee for sending, providing liquidity etc. The same case here are also and i see many people start complaining about btc high tx.

One of the feature due to which we can say that Btc is better than other sources is low fee because you have to pay only 1$ or below for sending as many btc as you want to any overseas country which is not possible with other payment method yet. Btc transaction doesn't mean that btc will be sold but ut can be used for other sources also which is now freeze. Now everything comes to normal and number of transaction start increasing which i think is good for btc.

I have no intention of limiting and restraining other people from transacting btc and so on.
and i am just stating my opinion and what i do with my personal investment in btc. just try to read carefully my post, whether intended for other people or not.

In my opinion, managing other people or limiting other people is not a good thing, because everyone has different opinions and strategies in business and investing in btc.

Maybe OP is being discourage to make a transaction to spend his Bitcoin on something he needs or wants because of high transaction fee. I don't see any problem with that since it's his decision whether to spend his Bitcoin hodlings or not in any kind of situation. Maybe he is just being practical about his money, especially if his Bitcoin holding is his only funds where he use in buying foods, paying bills, paying rents, etc.

I myself feel panic when I see expensive transaction fees,
but I am Amazed by you because while other people are panic by the high fees for btc transactions, but you are not panic,
instead you are even more eager to hold btc.

and now sometimes I'm always worried when I see the market price of btc continues to fall, and this is what makes me always panic because I'm afraid the price of btc will fall even deeper.
but I hope that the price of btc will quickly rise high.

For veterans or to those people who had been here on this space for a while now isnt really that get shocked about these high fees incident whenever there's a network clogged or congestion. We do have other options
though because there are coins which are really that have cheap fees and doesnt really have that chance on clogging up the network but since we are talking or speaking about Bitcoin then it wont really be a solid
reason of sudden high fees for you to hold more. Yes, we cant make out some transactions due to high fees but not literally, this is only for those people who cant just afford on paying up 20 bucks
on every transaction but we know that there are those huge transactions which they dont really care about peanut fees which they cant be stopped on doing so.
If you do find out this high transaction fees is a reason for you to hold more, then it is really a personal opinion.

Bitcoin transaction fees become high is not new in crypto, since many people doing transactions the fee will increase. I have the same mindset as you, hold for the long term and keep investing because the price is still at a discount. Those people who do transactions is a traders who looking for more profit and it's normal, if we want to transactions there is a lightning network feature for lower fees I guess.

Idling coins because of high fees is not good for the economy of the coins.  You have your reasons so you actually not affected by the transaction fee increase because you are holding BTC for a certain period of time to get profit from it.  Even with the fee did not surge, you have no intention of moving your BTC so it is not the high transaction that made you hold your BTC.


it is always better to have a means to transact with less processing or transaction fee.  Who would love to spend more just to make his transaction confirmed faster.  Cheaper is always better when the same quality of service is served.

I don't think it's a panic because Bitcoin transaction fees are getting expensive and they are releasing their Bitcoins. this is even a reason enough for everyone not to take it off.
I believe most of those who released Bitcoin were part of a trade that indeed they needed a withdrawal for another trade. they sell Bitcoin for altcoins with cheaper transaction fees. those with more experience wouldn't panic in a situation like this. the belief in Bitcoin is so strong, this will all be over soon.

Judging by the OP, so you mean now that the transaction fee has been fixed, you are not going to be able to hold longer than you wished to?

I believe you still can if you want to. Just send your Bitcoin to an address and keep your phrase safe, then take a decision on the price at which you wish to sell your Bitcoin; don't sell until you see that Bitcoin is trading at your expectation price.

To make you strong, as you put it, you don't need high commissions. The fact that you are not selling your bitcoins at this time is not strength, but greed. See the difference? Strong hands mean you don't care about volatility or commissions, whatever they are. You have a certain period that you planned to invest in.

I agree with what you said, because there really is no other way but to hold BTC firmly, and we must remember that our intention is to invest for the long term, but in this case everyone has a different opinion and that is their individual right.
so in my opinion, with things like this, don't let us fail in investing because what I see is that so many people are panic selling btc, and many people are starting to be disappointed with btc, that's why now the price of btc has decreased in price.
but in this case it's up to the person holding the btc to sell or not because it's their right.
and of course everyone's strategy is different.

yes, indeed I also understand about that but what power because indeed
reality now costs
btc transactions are expensive, and the biggest losers are people who do business every day with payments using btc.
but for businesses such as buying and selling motorbikes and cars I don't think it will be too expensive even though the BTC transaction fee is like it is now.

It's good that the high fees on bitcoin transactions nowadays are helping you to hold onto your coins. The only problem with that mindset is that when the fees get lower, you'd have higher tendencies to let go of your bitcoin possessions. If holding onto your coins is the goal, it should not be because of high fees but instead because of self-discipline and logical faith on Bitcoin.

On a side note, seeing the transaction fees going as high as it is today, is something that we should be worried about rather than be glad about. This is actually an issue that is quite crippling for bitcoin and affects its purpose negatively in a great scale. I hope this soon passes and gets better. If the fees and the speed for every transaction right now is already making people hesitant to move their bitcoins, then just imagine how big of a headache it will be once the bull season comes.

This is also true. Not every BTC "holders" are entirely circulating in investment and we all know that there are businesses revolving around BTC. Imagine the losses that businesses might encounter due to these transaction fees.
I am pretty sure there were also news revolving Binance regarding halting withdrawals?

True also for the hodlers. It's kinda pain when you can't just buy due to these fees.

Well, the high transaction fees that we have had in the past few days are obviously a big challenge for traders and new investors, and I even confirm myself that it helps me not to spend my BTC but rather hold and wait for the fees to drop. And I know that many people make this a reason to hold and just like what I did, they will move and convert their BTC.
The fees could be sometimes a reason but it was temporary. People will hold for a strong reason and they will keep doing this as it was their goal.

Some people are just talking about this transaction fee based on their own perspective and how it favors them, but how about those that spend Bitcoin on payments for other services? those that deposit Bitcoin into their casino wallets? And those that carry out other steady sending of Bitcoin. I said I was affected by this high price because I had to cover a huge amount for a few of my customers wanting to pay with Bitcoin. They had to pay, but I had to offer to cover 50% of the fee, and they handle the other 50. The increased fee is not a favorable thing for everyone, so at least when people are talking, they should consider others.

Although I think Bitcoin transaction fee has increased temporarily but transaction fee is never worth investing. Investors never consider all these factors. They will always consider the overall market conditions. I am not at all worried about the increase in transaction fees at present. Because these high transaction fees temporarily increased. However, nowadays the transaction fee has come down a lot. None of  will worry about these transaction fee increases.

Well, if you're a long term hodler, you will not be tempted to sell your Bitcoin regardless of the fees for every transaction. Though it's true that many investors decided to hold at this time due to high fees, but it doesn't mean they're going to hold for long. It's just that the fees are hindering them to transfer their Bitcoin.

The fees are indeed high but it will not last forever because it will turn down for sure in the coming weeks/months. So be firm with your decision because holding Bitcoin for long period is beneficial for you to have a chance to become a huge gainer.

it's unfortunate to do bitcoin transactions especially during the bearish season, holding it will be more profitable for the future. for me I prefer to group finances, if I want to buy necessities, then I prefer to use fiat money which I have divided to make ends meet, while for investment, I will only convert to fiat currency during the bullish season , but I also set aside some of it to invest again when the market is bearish, I have done that as long as I know bitcoin from 2017, and I think it will be more effective

In fact, it has dropped significantly from yesterday to today. High priority transactions, according to mempool.space, currently 66 sat/vB which is quite lower than these days.


I think we have all been forced into it a little bit. With fees going up to almost $20 for a normal 1 input and 2 outputs transaction, most of the forum who get paid between $50 and $125 per signature campaigns will not have wanted to lspend a significant percentage in fees. So I agree with the OP, because we have been a bit forced into it. Although, as you say, if it's the only thing that takes someone to hold, it won't last long because the fees will eventually go down and they already are, what we can't know is if it's a dip before another spike or if this craze will finally calm down and we'll return to more affordable fees.

If the only thing that is stopping you from spending your coins are the high fees then you will not be able to hold your coins for long as I doubt the congestion on the network will last forever.

Now I will not deny that out of convenience I am purposely avoiding making any bitcoin transaction at the moment, but since I am convinced about the potential of bitcoin, not only as an asset which can go up in value but as a technology which will be widely used on the future, then it is way easier for myself to hold my coins even if there are some things which I would like to buy at the moment.

Well, many see this as a problem while many see this as an opportunity for the holders to hold even more because of the expensive transaction fees.
However, I don't like the mindset where you will just only hold Bitcoin if the transaction fees are that high. I mean if you really want to hold Bitcoin, regardless of the transaction fees you will hold it. If you really want to sell your Bitcoin, then sell it if needed. Overall, regardless of the price of Bitcoin, I will not change my way of using BTC which is to spend regardless of the fees, and to hold it for long term.


I just hope that you are stronger enough to hold your Bitcoin when the transaction fees of it goes down after a few months. Like you, many are holding Bitcoin for the long-term (including me), but like I said above, I will not change my way of using Bitcoin even though the fees are that high. It's good that you are buying Bitcoin for long term.


I've seen this kind of scenario in 2017 where transaction fees of Bitcoin are very high. I was a newbie at that time, and I don't know what's happening, but looking at the fees at that time, I'm not surprised nor freaked out, and same here. At that time, I also saw the transaction fees going down after weeks and months, so I believe that it will happen again this time. They hype with regards to BRC-20 will go down as the days and weeks pass by. No need to freak out, and just focus on holding your Bitcoins.

If you really want to transfer coins, then like you said, I would suggest converting it into some trusted altcoins out there that has relatively lower transaction fees then transfer it.

The investment itself is long-term, so there's no need to say it's a long-term investment because if you only hold it for a few months, it's not long-term. What's going on in the Bitcoin network is actually not a reason for us to keep holding on to Bitcoin, because investment will not depend on circumstances but stick to the fundamentals of Bitcoin, and Bitcoin has strong fundamentals.

The Bitcoin network is very congested because it is filled with spam transactions making it unpleasant for those who usually transact with Bitcoin for reasons of cheap fees, today the mempool check has decreased but it seems this is only temporary because the attacks will still continue maybe until they  are tired because they run out money to pay fees that are quite unreasonable.


Of course that's to be expected because it's impossible for people to like to pay big bucks for a transaction, but it doesn't look like it's going to happen any time soon though things will be back to normal

That's not the point. Are you not going to hodl if the transactions fees are low? As for me, I think I will remain to be a hodler despite the transactions fees. So regardless if the fees are high or low, I will hodl. Avoiding high fees is for me a weak reason for somebody to hodl his Bitcoin.

And the expensive fees right now are not just because lots of people are transacting with Bitcoin or the queue is long. It is because many are willing to pay expensive fees for whatever boring images they want to attach in their transactions.

I don't think bitcoin's high transaction fees will be a barrier for people investing long term,
and I actually don't understand what you mean, do you want to sell your btc? but with the existence of expensive transaction fees you are forced to endure it, or what?

But your decision to hold BTC for the long term, in my opinion, is a good thing because I really think investing in BTC will be better for the long term.

Your goal seems interesting to watch, but until when?. Because when it's running normally, people will change their minds, and do the same as other people did. You have to be absolutely sure about your investment. Sometimes, with the high transaction fee like today, that make people hold the transaction until normal, they're just trying to cool off and make the short decision to plan to hold BTC for a long time, In fact, is not as a plan.

The fee is going to normal, it's about 15 - 20 sat/vb. if anyone freaking out yesterday, I am really sure gradually calmed down today, and hope not change for long to be short investment

And we still don't know how long this bad actors are going to attack and spam the network, but there are talks about how to resolved this but we will have to wait for the final consensus. It's that when we are in a bull run and the price is still that high, then it could still be bothersome for most of us.

But we will see, long term holders are not affected by it, but for some average joe who sometimes need to sell, it might lead us to just really hold on it and make ways to really not to sell right now because of the high fees. But the good news is that the fees are somewhat manageable right now, as compare to like a couple of days wherein it went as high as 500 sat/vByte if I'm not mistaken.

It does make you strong because high fees are preventing you to do small transactions lol. You said you're a long term investor and it looks like you mean high transaction fees are perfectly fine for you because you are a long term holder? well, this high transaction fee is an attack towards Bitcoin network to prevent the mediocre investors from doing micro transactions. This means BTC might go down because of higher transaction fees. If it's prolonged, do you think you'll get enough profit out of your long term holding? To be completely honest, I don't see anything positive about this high transaction fees.
Your last opinion is correct. With low transaction fees, it'll allow small investors who has been DCAing and those who's gradually accumulating bi-monthly or monthly to buy BTC regularly and this is one of the reason for BTC to increase it's value.

Those that are complaining about the high transaction rate of bitcoin especially are the investors that want to send their bitcoin assets from their wallets to an exchange so that they can be able to sell their bitcoin for fiat(solving a personal issue that involves money) or invest in altcoins, now that the price of many has reduced tremendously due to the effect of the bearish market.

Now in question, I have an urgent need for money to solve a personal issue. I want to sell a little of my bitcoin assets to have some fiat but the thought of how much been charged for sending a small portion of my bitcoin asset to an exchange is getting me discourage

The increasing transaction fee is a reason for me to postpone my transaction to cash out bitcoin. I tried with a small fee and the transaction hadn't got confirmed. Bumped the fee little, even after that the transaction hadn't got confirmed. I decided to cancel the transaction, it shows the possibility of double spending. So, I've left the transaction as it is to get confirmed when the transaction fee gets reduced. For now it is two days passed and still waiting for confirmation.

Nope.
Why should I be freaking out just because of the fees? I know that it's truly expensive and far from what we've used to see but this isn't going to make me freak out. A sudden fall is more likely to freak out most of us but then, with this situation, it's just making us get used to it and adopt and decide whether we want to transact or not.

Yes, always choose the cheapest fee. If it's possible to transact with 1 sat/byte before, we might see that happen again when there's no more clogging in the network. But for the meanwhile, we have to add some sats on it and if you've got an urgent transaction needed to happen then just do what's the priority amount is telling you.

Those who use bitcoin for payments and transfers aren’t intimidated by high fees. They use layer-2 protocols like Lightning Network.

That's is to say if the fee gets to normal you won't have good reason of hodling. Now that the fee is high I don't think you are hodling but waiting for it to come to normal price.  If you have been hodling the  high transaction fee shouldn't be a reason to make you stronger.  What is suppose to make you to be stronger to hodl should be because you believe in bitcoin and because you know what you want from bitcoin.

You arent a true holder if you are just basing up with high tx fee which would prohibit you on spending up your coins, because a true holder is someone who do able to hold up his coins no matter how small or big the tx fee would be. Its not a solid indication or thing on which you would be saying to yourself as a strong holder just because you cant make out some transactions because fees are too high. Sooner or later when network
congestion or traffic would  come back to normal then what would you do? Are you coming back on making some btc transactions once again because tx fee is already cheap now?
Imho, its not really a solid thing for you to mind on because its never been that an indication that you should hold because of that reasoning.

If you are really that going for long term with Bitcoin then you wont really be seeing these things as a viable reason. Now, i could say that it did really pending out some of my important transactions but it
didnt mean that it is a thing that would discourage me on accumulating even more.

You are not wrong, but passively holding bitcoins due to the high transaction fee can turn someone with a habit of not hodling bitcoins at all into someone who begins to do it proactively if the period where they are forced to hold is long enough (Long enough means different durations. For some people long enough may just be two weeks, while the standard twenty one days to form a habit for others, and longer for others too)

This period will definitely give people a time to pause and rethink how much they have not really been hodling bitcoins. It will give them some time to catch up with themselves for those that making withdrawals have become something of an impulse to them.

although it makes sense to hold BTC as it is another form of store value, bitcoin is initially made to be means to pay for transaction, and if transactions are not made, I agree about you saying that it will hinder the whole ecosystem as what it was designed. as of now it is still not yet healthy for those who are not transferring big amount of money to do transactions since aside from it will only add to the network congestion which makes the transaction pending for several days, people would also be mad if their transaction have high fees even if their process is only a little amount right? the only thing we can do as of now is to be patient and wait for the solution although we knew it will only be temporary but at least it is usable.

This is one wonderful opportunity to actually hold BTC as you, OP has rightly mentioned.
Though this period of high transaction fees is going to last as short as possible. It is due to the issues of ordinals and BRC-20 token congesting the network. The development teams are on the issue to work out a fitting solution.
The best move right now, unless you mine yours and for those who don't have much coins or for those who merely leisure trade at will, or for those who own BTC for purchases or trades on the instant; hold as long as possible for now if you can, but if you can't please, it is better to have a successful transaction completed than to have failed or wrong address issues because of impatience.

I think it's a concern for now, who wouldn't? we haven't seen this high cost of transaction since 2017. But the problem is not really bitcoin, but those who fine some weaknesses and then created their own NFT with those BRC-20 tokens, minting and everything that why the network is clogged.

Nevertheless, if we see the fees right now, it has subside a bit, and the volume of BRC-20 is not as it used to be during the height of it's hype. So sooner or later I think it will just die down and we can transfer back like 1 sat/vByte again.

@OP, don't sound like the high transaction cost on bitcoin network is a good thing, I don't know about other people's opinions, but for me, I think it does more harm than good to the adoption of bitcoin, the high transaction cost is something I would advice bitcoin developers to look into, and see what can be done to remedy the situation once and for all, but unfortunately, I don't think anything can be done since the chain can't be uttered.

For the investors, the high transaction cost might not seem like a big problem, but for those who pay for goods and service  with Bitcoin, it's a major concern.

Bitcoin is first a currency to be used for transactions as an alternative to the fiat system than as an investment. Having higher transaction fee doesn’t make one a strong holder because some keen to hold for long will certainly hold on to it even if the transaction fee is a sat. But currently with the high transaction fee you just hold on to it without the compulsion to hold rather was just because of the situation. This has made payment through bitcoin such a hard thing for small businesses which is part of the purpose for it.

I can't understand how it could be convenient to have high fees, what advantage could it bring to Bitcoin?  Let's remember that it was also created to break down the rottenness of commissions and that it is currently favoring the poorest and most oppressed countries by governments, so how can high FEEs bring quality?  I think your reasoning is quite wrong, as are these fees.

It's actually true, so high transaction fees will really push someone to hold coins while fees cool down, this is good at some point, especially for those who have coins divided on different addresses but I don't think that this process has more pros than cons. It may push a lot of people to hold but stuck transactions kill bitcoin adoption and popularity. For me, Bitcoin is not only an investment but a way to pay without 3rd parties.
Holding alone won't increase its value if it becomes unable to transfer coins, it gets pricey and popular because it offers p2p transactions and is only one truly decentralized platform.

I don't see any positive thing about Bitcoin having a higher transaction fee, it's not encouraging for business owners too, only miners and long-term holders will benefit but business owners will have to take a different route from now on.

Using Bitcoin as a means of payment was part of the reasons why it existed but now Ordinals is making it look like a joke, Ordinals need to go or there will be consequences. If this continues it means that Bitcoin have failed at being an electronic payment solution.

The high transaction fee of bitcoin can be divided into two parts first part as you said high transaction fee many people are now put off from doing bitcoin transaction because no one wants to spend a lot of money to do their bitcoin transaction but those who need or have huge amount of bitcoin investment Yes they do but they don't account for Bitcoin transaction fees. Because the requirement will never calculate the fee. So I think bitcoin high transaction free will contribute to the price growth of bitcoin.

Keeping btc is generally good, and this is exactly what is called investing bitcoin. But it should be noted that btc is a digital electronic currency, which means that at least a part must be used as a means of payment. But bad luck arises: how to use bitcoin if transactions have risen in price very much? How to buy that conditional cup of coffee for btc, if the commission costs the cost of several cups of coffee? Not very positive, right?

Your arguments are strange. In my opinion, the reason for long-term holding is the desire to get more profit later than now, and not the desire to save on transactions. People wishing to keep would do so regardless of the cost of commissions. Therefore, the current situation for the holders has nothing to do at all, and for those who want to use bitcoin now, it interferes.

I wonder how you are so comfortable with the high fee, but if you are speaking for yourself alone, how about others? In some countries, their income is very low, and their local currency has a low value even compared to the dollar, so if people in such countries have an interest in purchasing or investing in Bitcoin, they would consider how much they want to spend for fee and might just give up. Let me explain further. Imagine I want to buy $10 worth of Bitcoin but am not willing to spend $15 on a transaction fee. So possibly I will need $25 so I can purchase with $10 and use the rest for fees, which is still very unfavorable. I see the situation as what will make some people not be in a haste to invest; some will just decide to hold on with their investment, and from there they may develop interest in some other ponzi schemes. The Bitcoin transaction fee just need to normalize so that it can favor everyone, both common and uncommon investors.

Although Bitcoin is hated by the government of my country and Bitcoiners are sometimes called criminals by the police just to intimidate them yet many businesses in my area still use Bitcoin. I know many businesses in my location that accept Bitcoin and most of their customers are Bitcoin users. I was surprised when a business owner was complaining that his business will be affected because he relies on Bitcoin to buy goods from other countries. People will always explain a situation based on their personal experience or level of understanding but other people's experiences might be totally different.

At the start of this year many people told us stories on how they started accepting BTC's in their businesses, though i don't believe most of these stories, but i am sure we will not be reading stories like that soon again, who wants to buy groceries in a shop and pay with BTC using a fee rate of over 300 sats/vByte. A different way to look at it is that Satoshi made BTC to be a p2p currency, but due to its limited supply and constant demand, its value has gone so high and it is now an attractive investment opportunity, but i believe anything that hinders its initial purpose which is to be a currenct has to be removed.

Well this may be interesting to you because you're willing to buy ad hodl but how do you buy if someone is not ready to sell and they were all holding theirs? the network is not fixed, demand and supply is a constant thing in bitcoin market, have you tried to see the numbers of transactions happening each day?


There's nothing bad in holding your asset down when the transaction fee is high or the bitcoin price is dip and wait till the bull season, but also know that there are circumstances that could facilitate your selling before this time you have targeted base on different conditions.

Your experience is relative because bitcoin is used for different financial transaction. Long-term hodler might not problem with these high fees. But don't forget that there might be an emergency that wants to warrant you sell your coin. But the best option now is to seek other means of cheap Bitcoin transaction channels.


That's my main challenge with this transaction price issue. People should be motivated and free to use Bitcoin the way they want, it could be as a currency or investment, or both. Bitcoin daily users are not finding this high transaction fee funny. This issue is now making altcoin transactions more attractive. So many businesses that depend on Bitcoin to buy or sell products are having a very bad time.

This is self contradictory since your goal is to invest long term then why would you consider a high fee as way to hold? You should wish to have a low transaction since you will purchase more if your goal is really long-term. It's useless to view this way because it only means that your real goal is not long-term since you tend to sell your holdings if the transaction the fee is cheap.

My opinion is you should not look on this attack positively because it reflects negatively to the asset that you are currently invested.

The only people who are currently affected by the increase in Bitcoin transaction fees are those who use Bitcoin on a regular basis; those who have been holding for a long time are not concerned about the fee being high or low; the only reason they are concerned is that they want to see Bitcoin return to normalcy, not because they are afraid of losing money to miners. We all witnessed something that compelled us to adopt Bitcoin, and the reason we did so is currently being altered by some network spammers and the entire ordinals shit.


My previous post still applies to your second point; there's no need to be concerned about current network congestion if you're not transacting right now; we're all just fighting for our Precious Bitcoin fee to return to normal so that we can tip miners with whatever we want and not be forced to pay more than we normally do if we want our transactions to be confirmed quickly.

Well I could somehow relate to this whenever the transaction fee for Bitcoin is high, I would rather hold it than to send them out or use them.
But if my Bitcoin is already at a trading site I could alwasy use alt-coin for faster transaction and lower fee.
But for those who are really in need for cash and their Bitcoin is on their wallet they don't really have a choice but to pay the right price for their transaction, I once set up a lower transaction fee just to save money and it end up taking weeks just to confirm.

Wasn't that exactly the point in my post, did you read it? Surely you can't stop people from using BTC the way they like, that will amount to censoring, and BTC is censorship resistant and permissionless, the only thing that should be stopped is an "attack" on the network, though i don't think the issue of ordinals can be called an "attack" on the blockchain, maybe spam feels like the right word. Op is saying high TX fees makes him want to hold his BTC, forgetting that it also stops other people from spending their BTC, and BTC is a currency, normal TX fees allows everyone to do what they want with their BTC and we should get that back soon.

I would rather hold my BTC and wait for the right time to have transactions since the fee is too much. Many people are trying to enter and leave the market with the volatility of Bitcoin, so these fee still have an impact to one of the reasons why people would prefer to hodl their BTC. But for me, I agree with you since I'm passive with the current situation of the market so I'll just take my time and sip coffee.

High transaction fees don't make me stronger, because I never tried to sell my Bitcoin, I don't care about fees and transaction time. The price is not so good to buy it anyway, especially when you compare it to what we saw earlier this year.

For BTC holders, maybe this won't be a problem, even if the transaction fees are expensive, but some people need the transaction for their needs, such as wanting to gamble with Bitcoin, so this will be an obstacle for them or everyone has a need for bitcoins sent, with transactions expensive, we have to be willing with higher costs, and what is clear is that this is caused by Brc20 which is often discussed.

So you will hold the BTC that you have now without accumulating again? But you are free to do that for a long-term investor, whether it's cheap or expensive, transaction fees don't care about it, but when I have bought more bitcoins, I have to be willing to pay those expensive fees.

I initially thought so too, but seeing far from the main purpose of bitcoin, finally bitcoin really encountered serious obstacles if people wanted bitcoin to be implemented in all business sectors. The value of bitcoin, of course, is obtained from its utility function, when this function starts to fall out of favor because of endlessly expensive fees, then you can predict what will happen.

Incorrect, it's true if many people are transacting BTC, it will make the fee become higher. But this time the reason of high fee in Bitcoin transaction is because of BRC-20 tokens.

If your goal is to invest for a long term investment, either the fee is high or low it will not make you sell your coins. If the fee is low, do you will sell your coins? nope, because as you said before you're looking for long term.

Even though BTC transactions are cheap, of course I won't sell them because I invest in BTC for the long term, not the short term.
moreover there will be a bitcoin halving soon, so in my opinion now is the right time to hold btc.

It is passively holding your bitcoins, not proactively. You are forced to hold your bitcoins because you don't want to waste too many satoshis for transaction fees. If you don't proactively do holding it, you will return to not holding it when mempools are clearer and network has cheaper transaction fees.

Different people will consider Bitcoin differently.

It can be very valuable with you but valueless with others. You can consider it as a payment method but with others, they don't. You can just use Bitcoin for trading but with others they do neither like Bitcoin for trading or investment.

Bitcoin can be an asset of value storage for you but it is nothing with others. People who used very crazy fee rates for BRC20 tokens, Ordinals have their reasons to do so and you can not stop them. They will stop when they realize something like Ordinals, BRC20 tokens are useless, no value at all.

I don't see TX fees this high as an advantage or a positive, BTC is a 'free' currency that should be used anyhow the owner wants it. You can hold it for the long term even if TX fees are normal, you don't need high TX fees to do that, but when TX fees are this high you hinder and restrict people who want to spend BTC like a currency that it is, and restricting people from using BTC as a currency is a very big problem. BTC is not only an investment option, and your post makes it feel as if it is only good for that.

As we all know lately, lots of people are transacting BTC and causing traffic jams because of the many queues for BTC transactions, and BTC transaction fees are expensive if you want to be fast.

And I, as a btc investor who is still a beginner, in my opinion, with expensive btc transaction fees, I see this as a positive thing because I have the following reasons.

1: having expensive btc transaction fees makes me stronger to hold on to btc because I don't want to waste my money on expensive transaction fees.

2: my goal of investing in btc is for a long term investment so with expensive transaction fees
makes me stronger holding btc, because my goal is to invest in btc for the long term.

i want to hear your opinion,,,
and are you freaking out about the high btc transaction fees...?

but in my opinion if transacting btc it would be better to use a cheap transaction method.