Why some Bitcoin transactions have huge mining fees and leave money stuck in your wallet

in bitcoin •  7 years ago 

I get it - we all want to be financially free. We live in an era in which with the rise of cryptocurrencies, we can make money just by sitting behind our laptops, or even from our phones.
I am not an exception. The moment I discovered Bitcoin and some other altcoins, a whole new world opened up in front of me.
And as I can imagine, I got all excited initially with all the opportunities to make money by clicking on ads, or using faucet sites, or putting a small amount of BTC on a website and getting daily ROI. All looked positive - I started getting daily small amounts of BTC that were accumulating in my wallet. I was happy - seeing the balance grow.
So you can imagine my surprise when I decided to use the money in my wallet and got a message - "Insufficient funds", while I was trying to send only 10% of what I had in my wallet. I was perplexed. I felt cheated.
Thank God for Google, I managed to understand what was happening, so, after reading quite a few "techie" forums and skimming through tens of websites and articles, I managed to understand what was going on and find out how to fix it.

Mind you, I am not a geek myself. I am just a normal girl. So, I recorded a video, explaining what I discovered. It is not a sophisticated video and I am using simple language to explain to others like me how to avoid some of the mistakes I've made.

Here is the link to the video:

Will appreciate your comments and input. Be gentle, please, as I said I am just a girl sharing my discoveries and trying to make it simple for others. Thank you.

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