Damus
WINTER ☩ HODLER profile picture
WINTER ☩ HODLER
@WINTERHODLER

Agora256.com ⚡🇨🇦 ☩ 🐂 Archon of Sepcial Ops at BULLBITCOIN.COM • Gravitate to sound money ₿

Relays (12)
  • wss://eden.nostr.land/ – read & write
  • wss://relay.damus.io/ – read & write
  • wss://nostr-pub.wellorder.net/ – read & write
  • wss://nos.lol/ – read & write
  • wss://relay.snort.social/ – read & write
  • wss://nostr.mom/ – read & write
  • wss://relay.orangepill.dev/ – read & write
  • wss://nostr.milou.lol/ – read & write
  • wss://relay.nostr.band/ – read & write
  • wss://btc.klendazu.com/ – read & write
  • wss://nostr.oxtr.dev/ – read & write
  • wss://relay.nostr.info/ – read & write

Recent Notes

WINTER ☩ HODLER profile picture
Learning economics principles and understanding money goes a long way.

Bitcoin is first and foremost about storing value.

Seeing Bitcoin (the mainchain and its attributes) first as a medium of exchange for day-to-day transactions is a lazy shortcut.

Study the second layer & sidechain tools (Lightning and Liquid) tools. Analyze the tradeoffs.
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WINTER ☩ HODLER profile picture
Small amount DCAs onchain are rekt by fees. (As happens on Bull Bitcoin)

Other services (custodial) allow users to DCA into the platform's and the user is then able to withdraw onchain when the amount makes sense.

Tradeoffs.
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WINTER ☩ HODLER profile picture
Buying small amounts of bitcoin onchain means you're getting small utxos. This will be costly to move.

Avoid buying small amounts.

If you're not letting newcoiners know about this, you're doing them a disservice.

Orange pilling has to improve.
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WINTER ☩ HODLER profile picture
Understanding Bitcoin transaction fees is highly valuable knowledge. It's definitely complicated, but worth it. Relying on software for fee estimation is lazy and often inaccurate.

Observe the mempool.

Recogne patterns.

Optimize your transaction fees.

Identify opportunities for channel creation and rebalancing, utxo management, replenishment of proxy wallet or cold wallet...

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