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I’ve got one fat utxo. Use sparrow

From my understanding, That's not great either because it's one single target. If you spend from it you show your entire stack.

I used to have the same situation as yourself. And was moving in 30sat/vbyte territory

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Discussion

❒ PictureRoom 1y ago

Yeah that is true; I’m aware of that. I’ve got other newer transactions coming in so I’ll keep them smaller.

Dan Wedge 1y ago

This is just my drum to bang, the not you keys not your coins thing is great but we need to move to the next step

❒ PictureRoom 1y ago

Yep. Did you memorize your seed phrase tho?

Dan Wedge 1y ago

Phrases, no I am a weak link and would spill the beans. So they are geographical separate

pup 1y ago

Consolidation isn't about only having a single utxo.

It's about having a variety of responsibly sized utxos that you can choose to spend for different needs and in different fee environments.

For the layperson, the main goal of those of us who condone utxo management is educating newbies so they can ensure they keep their utxos above the dust limit.

DCA is great, but not if you end up with a bag full of utxos so small that they are uneconomic. This is the value of responsible consolidation.

❒ PictureRoom 1y ago

I recommend using Sparrow wallet for that

pup 1y ago

Sparrow is incredible.

❒ PictureRoom 1y ago

So easy. I think everybody needs to use it for exactly that purpose of utxo management