Join me as I explore the incredible strategy of UTXO consolidation in Bitcoin! In this video, I'll share my personal insights on how managing your Unspent Transaction Outputs (UTXOs) can dramatically lower your future transaction fees. I'll guide you through the process of combining smaller UTXOs into larger ones, especially during times of low network activity. This isn't just about tidying up your wallet; it's a smart move for saving on fees down the line. Whether you're deeply involved in Bitcoin or just starting out, understanding UTXO consolidation is a game-changer for cost-effective transactions. Let's dive into this essential Bitcoin management technique together!

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RELEVANT LINKS:
Sparrow Tutorial
   • SPARROW WALLET: Manage Your Bitcoin (...  
Fee mitigation tutorial for spending or building savings (lightning/liquid)
   • Secrets to Buying & Spending Bitcoin ...  
Tracking Transaction Fees (Mempool)
https://mempool.space/
UTXO Fee Calculator
https://jlopp.github.io/unspendable-u...
Address Types Comparison
https://unchained.com/blog/bitcoin-ad...
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