Wisdom is needed to make the most of BTC especially for those of us who are a kind of late to the party... being aggressive and intentional is needed.
Everyone feels late, and you cannot do anything about that.. except for do your best to accumulate in the most BTC that you can in the most reasonable way possible, and largely you are still not late - especially since there are going to be folks just coming into bitcoin later this year, or coming into bitcoin a year and a half from now and even coming into BTC 4-10 years from now, and if you get started now or keep building up your BTC stash in terms of feeling like a relative newbie, you surely are going to be ahead of those later entrance folks.
Also who knows what the BTC price is going to be at those various later dates, including who knows if we are ever going to get into the $30ks again, even though there were fairly prominent folks waiting for the lower $30ks, and that is seeming less and less likely (even though it is not impossible that we might experience those kinds of BTC price dips, it is also seeming a bit of a fantasy to either be expecting those kinds of dips and perhaps to have had mot taken advantage of the short period of time that we did dip into the $30ks 2.5 weeks ago.
$50k is upon us, what a time to be a bitcoiner!
Yeah.. getting close to an all year high... even two year high... and there seems to be some sense of where this might be going.
Transaction fees now under $1 again.
What have changed? Does it mean the
Ordinal virus is over?
I am not going to claim to know.
I really want to know what happened because it is strange seeing price rising and TX fee dropping.
Maybe you can investigate and report back? There are threads on the topic, and even some theories, but nothing really solid - except maybe considerations that many of us should attempt to prepare for situations in which we cannot count upon BTC on chain transaction fees to be low at all times, and sometimes we have to figure out ways to manage our UTXOs, especially if we might have some smaller UTXOs that we might want to consolidate.