Post
Topic
Board Bitcoin Discussion
Re: The Importance of Consolidation, Especially with Dollar-Cost Averaging (DCA)
by
As03
on 12/02/2024, 11:10:11 UTC
Today I saw fees were pretty low so I decided to consolidate all my UTXOs, then I talked about it to 2 friends who didn't even know this was a thing so here is a post about it Smiley
[Guide] Consolidate your small inputs.

Introduce that topic to your friends as it is helpful for your friends to understand about UTXO consolidation.

Quote
Are you actively involved in dollar-cost averaging (DCA) to build your Bitcoin holdings over time? If so, it's essential to understand the concept of consolidation and how it can benefit your overall Bitcoin strategy.
With DCA, you will have to define yourself that how much money you plan to invest with each DCA time. It will decide you can withdraw it immediately after buying or have to wait for some DCA rounds before can afford to pay withdrawal fee.

Some websites for DCA and withdrawal fee checking.
https://costavg.com/
https://withdrawalfees.com/coins/bitcoin
https://www.cryptowisser.com/exchanges/

Ty for all these links, very handy !