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Yes. Watch the mempool for low transaction fees.

Definitely wait a week before making any transfers to give yourself some time to youtube uxto management skills and tactics.

You may want to consolidate some. And split up others.

If you learn this first, you’ll most likely save yourself some sats by not sending utxo’s multiple times.

BTC-BACKPACKER 1y ago

so for example on my stack spreadsheet... when I transfer over to the new wallet whatever tho cost is for the base layer... how would I reflect that on my spreadsheet? a sell ?

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Discussion

Sleventy3 1y ago

I guess. This for tax purposes? Not sure why you would want to give up your stack size to write a few bucks off.

But if you send from one utxo to a new utxo, one could consider that a sell because you incur a transaction fee.

BTC-BACKPACKER 1y ago

regardless I'll need to consolidate my utxo's so .. I get what your saying m thanks for the info 🙏

Sleventy3 1y ago

👊