Hi all, newbie to the forums here. 
I've been in Crypto for four years, but I've recently seen the light on BTC.
(wish it had been sooner!)
Anyhow, here's my dilema: I've been slowly accumulating Satoshis this year, and I also bought a cold storage wallet recently. I tried today to move a small amount of BTC to the wallet as a "test" transaction to insure it went to the designated wallet, but the fee was a lot of money in my opinion.
Should I just send everything and hope it gets there?
Or wait until the fees go down (will they go down? I'm using CDC as the custodial exchange atm.)
Normally, I always do a test transfer on new wallets, but the fee is almost the same amount I bought this week!..
Any thoughts?
Thanks in advance for your thoughts & ideas....
I've been in Crypto for four years, but I've recently seen the light on BTC.
(wish it had been sooner!)
Anyhow, here's my dilema: I've been slowly accumulating Satoshis this year, and I also bought a cold storage wallet recently. I tried today to move a small amount of BTC to the wallet as a "test" transaction to insure it went to the designated wallet, but the fee was a lot of money in my opinion.
Should I just send everything and hope it gets there?
Or wait until the fees go down (will they go down? I'm using CDC as the custodial exchange atm.)
Normally, I always do a test transfer on new wallets, but the fee is almost the same amount I bought this week!..
Any thoughts?
Thanks in advance for your thoughts & ideas....