Prophyt on Nostr: Just spent about $400 consolidating hundreds of old UTXOs from years of DCAing ...
Just spent about $400 consolidating hundreds of old UTXOs from years of DCAing #Bitcoin.
Let this be a lesson to everyone: learn and understand UTXO management. It can save you TONS in fees.
Also, keep an eye on fees for good times to consolidate.
Of course, this all assumes you want to consolidate in the first place. If you’re looking for a bit more privacy, it might not be the approach for you. Or maybe consolidating specific UTXOs is what you’d want.
Either way, keep learning. Self sovereignty comes with a responsibility to stay informed. 💪
Let this be a lesson to everyone: learn and understand UTXO management. It can save you TONS in fees.
Also, keep an eye on fees for good times to consolidate.
Of course, this all assumes you want to consolidate in the first place. If you’re looking for a bit more privacy, it might not be the approach for you. Or maybe consolidating specific UTXOs is what you’d want.
Either way, keep learning. Self sovereignty comes with a responsibility to stay informed. 💪