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0 sats \ 2 replies \ @okpj 11 Nov 2023 \ parent \ on: Recommend UTXO size for long term stacking bitcoin
Is something like 1 million sats an ideal UTXO? I foolishly swept all of my KYC coin into a single UTXO and if/when fees go back down, plan to split it up again.
Not really.
You should have many utxo with many different amounts.
1M, 3M, 5M, 10M, 21M.
Each one will be used at a different moment you need.
Example: you need to open a 5M sats LN channel. You will not use a 21M utxo or 2utxos of 2M + 1M, but a 5M utxo.
You get it now?
So leave that utxo as it is now. Start building new ones.
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Thanks Darth!
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