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....
Yes they know all the techniques of people storing their money in cold storage that's why they have taken advantage of them and their fees have been raised up. They think that people are very much dependent on them that's why they have a mover advantage.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....
They're right to some extent and we can't do much about that. Let's hope for the market to get better so that we can pay them what they want easily.