Thanks so much for the reply! So i can make the outgoing transaction before this initial transaction confirms? If i do this and make a high fee, the first transaction will confirm quickly? Then the second transaction will automatically confirm shortly thereafter? Sorry,, I really dont know much about this, but i really do appreciate the help!
It should work that way yes. If you send a transaction with a high priority fee, both transactions will exist in the same block on the blockchain (if you’re lucky). I’d suggest sending the second transaction with a fee of ‘within one block or similar’ if you desperately need a fast confirmation. If not, go out and get some fresh air or do something else, come back in 3 hours and it’ll probably be confirmed.