I think maybe I would have left more on exchange until I had a decent amount and moved in one big utxo. I was moving every buy and then when I learnt about utxo management I started consolidating on @sparrow but I didn’t understand fees. So I probably could have saved a few by being a bit more patient and smarter.
Discussion
Have you spent more or less on fees than the amount you might now consider leaving on an exchange? That money could disappear at any time. It stings but in the meantime you had self custody the whole time, losing bitcoin you trusted with a third party really does make you feel sick 😬
Yeah that’s what makes me withdraw. I guess if the price jumps then it’s going to take more to get a decent amount to withdraw. The good thing is there are plenty of smart people who will no doubt share their wisdom/best practice and I can follow.
self custody lightning is getting easier, this helps with smaller DCAs
True that. Which lightning wallet has the cheapest fees to move on chain? They all seem to set a fixed fee (well the ones I’ve used)