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Cold storage vs gas fees

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by COINS NEWS 38 Views

Most of my BTC and ETH lie in cold storage. Now, I'm starting to wonder whether it'd be wise to keep them cold. I don't intend to HODL all the way to 2030 and will take profits during the next bull run.

We all remember the high gas fees for ETH. Since BTC ordinals have entered the mix, I don't want to mess around and find out. Ledger does have the option to swap to something cheaper like Stellar Lumens, but the exchange fees from Changelly are so bad, it's only attractive if the situation's that desperate to begin with.

So I'm mulling over frontrunning the whole thing by transferring these assets back to a solid exchange sometime between now and halving 2024. Then, delete the app and stick to the usual plan.

On the other hand, I do like the secure peace of mind from cold storage. No worries about hacks, bankruptcies or stolen phones. I can also focus on taking profits with alts first. So maybe high tx fees are just the price to pay for zen.

What's your take? Any wisdoms from the last bull market highs?

submitted by /u/Aheuhue
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