Sure, the economic factor is key in a high-fee environment, but it's also important to consider the source of your coins (like KYC or non-KYC stacks) when you're thinking about consolidating or merging UTXOs. Do check out the resources I've shared, and don't forget to try the new semantic search function – there's a lot of good info already circulating on sn about this topic. https://stacker.news/search?q=Utxo+management+
What if new normie become's a bitcoiner, he is like just stacking for years without studying BITCOIN, He is going to face any problem with his stack SATs which he is HODLING in his (lightning wallet (Wallet of satoshis e.t.c) in future!
I think you need to look at the difference between LN wallet and BTC wallet, utxo's is more related with the second one.
No easy to predict years in the future, it will change... so you must adapt. Start stacking sats in a LN and when that represent some value to you, move to the main chain. In my experience it's no easy to do everything perfect from the start, you will make mistakes, learn and improve your way in bitcoin.
Consolidate them? Probably only needed if you've done a lot of DCA over a long period of time...
There are also privacy implications to think about, so please ensure new users are aware of these before recommending consolidation
Oh i was not recommending it. I was trying to get more info about what the OP meant with their question...
Ah misinterpreted your comment
Still I would rather Have not so Private UTXO's than unspendable in the Future.
Forward thinking in UTXO management will go along way.
Agree but also the tiniest utxo can kick you in the ass, when merged with the wrong stack
unspendable in the Future? 😳 Why?
Explain please
Chainanalysys can Determine that there's a good chance they came from the same Person.
yeah but chainanalysis is wu wu
Sure, the economic factor is key in a high-fee environment, but it's also important to consider the source of your coins (like KYC or non-KYC stacks) when you're thinking about consolidating or merging UTXOs. Do check out the resources I've shared, and don't forget to try the new semantic search function – there's a lot of good info already circulating on sn about this topic. https://stacker.news/search?q=Utxo+management+
Utxo's are only for Liquid BTC & lightning or also applies for Onchain Bitcoin?
Also Do some chain-analysis to See how it Works.
A couple of sites I use
https://oxt.me/
https://kycp.org/#/
What if new normie become's a bitcoiner, he is like just stacking for years without studying BITCOIN, He is going to face any problem with his stack SATs which he is HODLING in his (lightning wallet (Wallet of satoshis e.t.c) in future!
I think you need to look at the difference between LN wallet and BTC wallet, utxo's is more related with the second one.
No easy to predict years in the future, it will change... so you must adapt. Start stacking sats in a LN and when that represent some value to you, move to the main chain. In my experience it's no easy to do everything perfect from the start, you will make mistakes, learn and improve your way in bitcoin.
Thanks a lot, it's makes me motivate 🤗🫂
Please comment🔝Post
@nikotsla
@runningbitcoin
@cyberpunk0101
@south_korea_ln
Consolidate, Mix/Coinjoin or Atomic Swap. Send to a new wallet. but send any badbank to Lightning.
Some further reading to this topic:
#200843
#354818
#278285
Rabbit hole... KISS = avoid small utxo's