Post
Topic
Board Bitcoin Discussion
Re: Strategies to save off Bitcoin fees?
by
stompix
on 02/02/2021, 22:48:31 UTC
The best strategy is to not make transactions when fees are high.

Best advice!
You don't pay high fees when you don't make transactions, no sarcasm here.

There is little a guy can do to avoid fees when he is faced with a full mempool.
- you should consolidate inputs, yeah...what the hell can I do now, especially since I'm doing transactions and ending with more outputs as we speak, you can consolidate them if we hit fees of 2-3 satoshi but when was the last time that happned?
- choose a day with fewer transactions, again yea...let's all stop doing transactions on Wednesday and do them on Sunday, I wonder how this will end as I have a fuzzy picture about it
- use and altcoin, but if you have BTC it means to send BTC and exchange, ups there si a flaw already

Honestly, other than paying the required 10sat/b and hope to get a place on viabtc there is no real way to avoid higher fees.

Common guys, admit, this is gold:
Another way is to fill your WebMoney or Skrill wallet

The best way is to use a centralized service. Grin Oh, what times we live in... Roll Eyes