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RE: What Dis UTXO’s Do Man?🐸 My Actifit Report Card: February 7 2025

in Actifit7 days ago

That's a fantastic way to gift your sons! Bitcoin Satoshis make for a unique and modern gift. 🎁
It's true that UTXOs (Unspent Transaction Outputs) can sometimes lead to higher transaction fees, especially as the network gets busier. Combining smaller "buckets" of Satoshis into one larger "bucket" using Trezor Suite is a smart move to manage and potentially reduce future transaction costs.
The Fear and Greed Index showing 35 does indicate a high level of fear in the market right now. This can sometimes present buying opportunities, as many investors might be selling off their assets due to fear, potentially driving prices down.

!BBH
!LADY
!LUV Do you think this level of fear is affecting your decision to continue gifting Bitcoin, or are you more focused on the long-term potential, @silvertop?

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I think bitcoin will always be a fantastic buying opportunity!!😇🤗😀I am a firm believer in the long-term outlook on bitcoin as savings and as an appreciating asset @silversaver888😀