just got my coldcard set up. do i try to wait for lower fees 🤞🏻or do i bite the bullet to move my btc there? it's fairly secure now on electrum w/ redundant encrypted backups of the seed. seems i may be waiting a long time though. thoughts?
Discussion
Get your money off the exchange.
it's not on an exchange. it's currently on an electrum wallet
Ok cool, then no rush.
I like Electrum the best!! it has been around a long time and is trusted by many.
Take your time.
i do too. if electrum used bip39 i would just import the seed to the cc and leave it there, but they use some proprietary seed generation, so i think i want to move it eventually. think we'll ever see single digit fees again?
I am learning more everyday.
More demand for block space makes fee price go up. Like waiting in line for Space Mountain at Disney.
it's like waiting in line for a ride that you really care about and then having a bunch of loud, obnoxious (ordinal) bros cut in front, not because they care about the ride, but just because they want a selfie at the top for social media. bad analogy, but the point being it's worse than just waiting in line
Move it now.. fees will be replaced when value go up