Hagenisse wrote: Mon Jun 16, 2025 4:27 am
Wow.
I gotta say.. This really takes feedback to a whole new level!
I can't thank you enough for this, I don't think I've had so many light bulb moments in half an hour in years, and I do believe this video will be helpful for other newcomers too.
LOL... Getting the word out and helping everyone grasp a full understanding of how the DCS Bitcoin wallets can enhance their Bitcoin experience is key. People first have to understand the value & potential of Bitcoin itself. For those that do and then take a time to understand our wallets, it should be a no-brainer. So kudos to you for taking the initiative to dive deeper b/c you will definitely benefit from it.
As an active user of the wallets myself, here's a tip that you may not have picked up on by viewing the 3 wallets that I showcased in the video. Multi-wallet strategies can work in your favor. As you use the wallets, you'll notice that the APY of wallets having a smaller amount of Credits tends to be higher than wallets having a larger amount of Credits. The conversion rates are higher per design but when there is less to convert, the conversions complete within a shorter period of time.
So what can be learned from this? Well if I have $1000 in BTC that I'd like to use to increase my holdings, the rate of return would be higher if I used multiple wallets rather than just one (ie. create 5 wallets and deposit $200 in each as opposed to having 1 wallet and depositing $1000). Definitely not a requirement but when you compare the amount of credit being converted on one wallet with the sum of the credits being converted across five wallets, nine times out of ten, the sum of the five wallets will produce faster conversions. This is why many of the users end up registering for multiple wallets. Just be mindful that there is a cap of 10 wallets per website. If the system detects more than that, the conversion rates of all of their wallets will slow down to the degree of wallets that they've created above the 10-wallet limit.
Now with that understanding in mind, you'll likely appreciate some of the automated features even more. Speaking from experience, I'll say that it's easy to log into one wallet on somewhat of a regular basis. Not so much when you have 10 or 20 wallets.
There are many strategies that can be played and for the most part, they all result in win-win solutions. So have fun with the system and as time flies by, the growth of your Bitcoin holdings will become quite noticeable. And be sure to take advantage of other features as well, like sending Bitcoin transactions fast & cheap; which happens when sending Bitcoin to other DCS Bitcoin wallets. For example, if you had $1000 and opted to have 5 wallets with $200 deposits, it may be more cost effective to send $1000 to one DCS wallet and use that wallet to send to the other 4 DCS wallets. Of course that depends on where you're sending the BTC from but in many cases, that option would be cheaper and the fees that the system receives is used to pay wallet holders - win-win.
Again, so many ways to play it and even "best practices" can change based on an individual user's personal goals. I'll stop here b/c too much can be information overload. Just trust that you'll learn to devise more strategies as you use the wallets and get 100% clarity on how everything works. It's not a get-rich-quick scheme, but a calculated and strategic way to increase wealth through the best performing asset of our lifetime.
So again, welcome to the fam!
BTW, I did pick up the idea of this "New User Forum" from you when you mentioned pinning a message. Just an example of how we can all learn and grow through simple interactions with one another... Fascinating! LOL
