141 sats \ 6 replies \ @0000 28 Jun 2023
UTXO management slightly shifted how I do some things. For example instead of immediately moving sats off exchange I will let it accumulate up to a certain amount with DCA. My daily DCA's are only a few dollars but managing the UTXO's are not my problem. Those all just get sent to my wallet as one bigger UTXO.
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20 sats \ 5 replies \ @shyfire 28 Jun 2023
The next step is to obtain UTXOs without KYC :)
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0 sats \ 2 replies \ @0000 28 Jun 2023
Yeah I have a stack for that but most of what I have is KYC because it is easier to accumulate in larger amounts.
Actually, the only automatic DCA's I have seen are from KYC places. Is there any way to set up an automated DCA with Bisq or Robosats? That would change everything entirely.
I bet it would be extremely complicated unfortunately.
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0 sats \ 0 replies \ @nymatix 28 Jun 2023
deleted by author
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0 sats \ 0 replies \ @shyfire 28 Jun 2023
Not aware of any KYC-free DCA options. Unfortunate @ KYC, hopefully you live in a Bitcoin-friendly jurisdiction.
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0 sats \ 1 reply \ @numbskull 29 Jun 2023 freebie
Everyone is moving to kyc, your non kyc bitcoin will be persona non grata and will be sold pennies on the dollar
30 sats \ 0 replies \ @shyfire 28 Jun 2023
Great hands on intro to what UTXOs are and how to handle them.
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21 sats \ 0 replies \ @DandelionLightning 28 Jun 2023
Bookmarked, thanks
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10 sats \ 0 replies \ @hugohanoi 29 Jun 2023
Great tutorial on a super important topic! Well done!
If you are on mobile, we've also recently released advanced coin control for the Nunchuk mobile app, and explained how it works here: https://twitter.com/nunchuk_io/status/1651224746648915972
https://nunchuk.io/blog/coin-control
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