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0 sats \ 4 replies \ @guerratotal OP 1 Sep \ parent \ on: Reaching my first 100,000 satoshis bitcoin_beginners
the fees u shared are too expensive, proportional to the amount of sats stacked; the additional privacy benefits gained by looping-out (swapping-out or moving lightning-to-onchain) are not worth the sats, imho;
i wud recommend coinos for lower fees of swapping as well as temporary 3rd-party custody, or phoenix if u are already willing to spend this much on a swap-out thru boltz; Phoenix is slightly more expensive, but the private keys are legit and node conectivity is #1;
are u already reading Dathcoin Guides? The following are relevant to your situation:
- https://darth-coin.github.io/beginner/be-your-own-bank-en.html
- https://darth-coin.github.io/wallets/lightning-cleaning-machine-en.html
- https://darth-coin.github.io/wallets/move-btc-taproot-address-en.html
have fun studying pleb!
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Coinos has struggled a bit in the past, but I still enjoy the wallet. Adam does a great job
I've read some Darth guides, I'm going to read the ones you recommend. My focus this time has been on accumulating sats. Now I want to do my own custody and get rid of those WOS sats. I know it's very practical and good, but it's not self-custody.
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