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.
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.
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.
The next step is to obtain UTXOs without KYC :)
Everyone is moving to kyc, your non kyc bitcoin will be persona non grata and will be sold pennies on the dollar
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.
Not aware of any KYC-free DCA options. Unfortunate @ KYC, hopefully you live in a Bitcoin-friendly jurisdiction.
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Great hands on intro to what UTXOs are and how to handle them.
Bookmarked, thanks
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