Does anyone else get crazy high anxiety when they transfer btc between wallets?

[HughCaires]

Waiting for the mining process is always the absolute worst. Everytime I convince myself I've put the address in wrong and fucked myself... only to wait 30 minutes and find out its fine.

What do you guys do while you wait? Yoga? Help me.

[Theb]

You don't have to wait for your Bitcoin to reflect in your wallet just so you know that you already have it. Just by looking at any block explorer website (just like this one) and putting in your tx id or even one of your Bitcoin addresses you are using in the transaction is enough for your to know that you have an incoming BTC going inside your account. The block explorer is there just for you to have a peace of mind every time you send and receive Bitcoin. Bitcoin's Blockchain is right available in our browser just don't be shy on using it.

[HughCaires]

You don't have to wait for your Bitcoin to reflect in your wallet just so you know that you already have it. Just by looking at any block explorer website (just like this one) and putting in your tx id or even one of your Bitcoin addresses you are using in the transaction is enough for your to know that you have an incoming BTC going inside your account. The block explorer is there just for you to have a peace of mind every time you send and receive Bitcoin. Bitcoin's Blockchain is right available in our browser just don't be shy on using it.

I love you. thanks for helping a noobie out.

[o_e_l_e_o]

What do you guys do while you wait?

I usually look up the transaction ID in a block explorer to confirm that it has been broadcast and all looks as expected.* If it does, then we're all good. As long as you double check your address and amount before hitting send, you have nothing to worry about. A hardware wallet might help you with this if you don't already have one, since the address and amount are displayed on its screen, and you have to confirm them there before the transaction will send.

Why do you get concerned about the wrong address? If you are typing it by hand, know that if you make a small mistake, you will almost certainly end up with an invalid address, which your wallet won't let you send to. If you are copy and pasting it, then you are only at risk if you have clipboard malware which will change the address (usually very noticeably) to a different one. As long as you double check the address you have entered with the one you want to send to as I said above, you will be safe.

*I prefer blockchair.com or blockstream.info, since they both support Segwit addresses and both show fees more accurately in vBytes rather than bytes.

[dothebeats]

I usually do a double or triple take on the address that I have placed on the empty field just so I won't screw up and send the coins to the wrong destination. There are tons of malware out there in the open in which clipboard is being hijacked and the copied address changes into something that the creator of malware wishes us to send to. Next confirmation I would like to see is whether it's already out in the blockchain, broadcasted and just awaiting for confirmations. Once it's there, I just let it be and do my own thing knowing that it's already safe.

[shield132]

Waiting for the mining process is always the absolute worst. Everytime I convince myself I've put the address in wrong and fucked myself... only to wait 30 minutes and find out its fine.

What do you guys do while you wait? Yoga? Help me.

Hmm, when I send huge transaction, I get anxious too, that's normal because one wrong character or number in adress and your lovely bitcoins are gone forever, it's not like bank where you have some chance to get transaction back so you need to be very careful but what I do is following: I copy bitcoin adress, then click on search (on browser) and when adress matches, then I copy that adress in wallet and click on send. I think it's good advice if you browse walelt adress from blockchain or browser, just copy, check if that matches and then send on that adress. After this check, I'm relaxed.

[jackg]

Send the coins late at night and go to sleep straight afterwards...

Check it's on block explorers too like blockchair or btc.com...

I just get issues with any size of transaction I send. With $250 I'm still thinking I've sent it to the wrong place until I'm proven otherwise...

[o_e_l_e_o]

Because one wrong character or number in adress and your lovely bitcoins are gone forever

That's not true. Bitcoin addresses contain a built in checksum, so if you accidentally change a character or two, the checksum will not match up. You will almost certainly end up with an invalid address which your wallet will not accept. The chance of generating a valid but incorrect address from a typo is about 1 in 4.3 billion.

You can read more about it here: https://en.bitcoin.it/wiki/Address#What.27s_in_an_address

[squatter]

Waiting for the mining process is always the absolute worst. Everytime I convince myself I've put the address in wrong and fucked myself... only to wait 30 minutes and find out its fine.

What do you guys do while you wait? Yoga? Help me.

When I'm making a high value transfer -- to an exchange, for example -- I use Electrum. On the "preview transaction" screen, nothing can be changed, so you can't make additional typos. I copy the output address from that screen, then use Ctrl+F to verify in browser that the address matches exactly. Then I broadcast the transaction.

Otherwise, I just depend on Bitcoin's Base58Check mechanism and double check the first few and last few characters of the address:

Relevant info: bitcoin addresses are base58check encoded, so the last few characters of an address are deterministically generated, using the beginning of the address as input. Altering just one character at the beginning (or end) of an address will make the checksum invalid. So an attack which alters just one character of an address will not work (even if this sort of attack didn't steal funds, an attacker could force you to burn funds otherwise).

[imstillthebest]

when i was a newb on the btc scene yes or if when im about to use a new wallet yes im anxious about doing a transaction but as soon as i succesfully send one , it makes me confident the next time i use the wallet  .

its normal if the btc takes time to arrive because the btc network is always overloaded but its also dependent on the fee that you choose  or the priority of the transaction  .  and like everyone else , i also check the transaction on the blockchain but some wallets dont records it  , this makes me worried sometimes  .

[dimastegar]

No need to panic. Simply check your Bitcoin wallet address through the Bitcoin Blockchain Explorer. And the system will automatically provide details about all transactions in the wallet. Delivery between personal wallets does not require a long time. In contrast to transactions between personal wallet to wallet exchanger, which usually takes half an hour to confirm the balance.

[TimeBits]

Waiting for the mining process is always the absolute worst. Everytime I convince myself I've put the address in wrong and fucked myself... only to wait 30 minutes and find out its fine.

What do you guys do while you wait? Yoga? Help me.

I do, I legit like 10x check even sending .001 btc.

The copy pasta hack got me once, never again. It sucks when the guy on the other side has the copy and pasta hack because they assume you ripped them off.

[pixie85]

You get this anxiety because you don't trust the system. Do you also get the same anxiety when you send fiat money to someone? It's natural to be frightened especially when sending a lot of money but you should feel the same with fiat and crypto.

I feel a a little bit of it but not because it is cryptocurrency but because it's something I've worked for and I don't want to lose it.

[hatshepsut93]

Recently I just transferred some coins between my wallets or received only incoming transactions, and I just wait to get a notification about pending transaction, which happens as soon as a transaction is broadcasted to the network. After that I close the wallet and simply don't care when it will confirm - in 10 minutes or 10 hours. I'll just check that everything is ok later. You need to be careful with BTC and verifying addresses before making a transaction is a must, but don't let it stress you so much.

[rdluffy]

When I use to tranfers high amounts of BTC, I always be a little worried, check the adresses twice, check the internet, check the websites 

I think it's normal for us

[Fundamentals Of]

You don't actually have to wait for the transfer to be completed before you will know that you got it right. The transaction, even before it is fully confirmed, is already available at the pending deposit of the receiving address. So as soon as you can see it there, you may now focus more on your yoga.   And it will help you feel at ease if you check the transaction several times before finally clicking on the final button. You don't even have to wait with anxiety if you do that.

[Herbert2020]

your anxiety doesn't make any sense to me!
you don't have to wait to know if the address was correct or not. when you past it in your wallet to pay to, first you check if it was pasted correctly by simply checking a couple of characters from the start and the end. then you only let the wallet check the validity of the address (encoding and checksum) and do the rest.
as soon as you click send and the transaction is sent to the bitcoin network, you are done. there is no reason to wait 30 minutes for 3 confirmation to be sure if it was  correct or not!

[Coyster]

It's really nothing to be scared of, though while sending coins i'm always vigilant or rather very careful, it's not like the chances of making mistakes are high, but just to eliminate totally a possible chance of it happening.

When you copy the address and paste, just make sure you check the address properly as there are scammers who use malwares to steal info from phone/laptop keyboards, so it's always good to be careful, not scared.

[adaseb]

I actually used to do this back in the day and depending on the amount I still might do it.

First I send a small amount, and wait for the transaction to arrive wherever it was sent. If it arrives successfuly then I simply resend to the exact same address as before. This way if there is some clipboard virus or if I make a mistake and copy a BCH address instead of a BTC address then the loss is small.

However lately I tend not to do this because of BTC transaction fees, I rather not waste $5 or so per transaction so I just double check my addresses multiple times. Back in the day sending transactions was almost free so you could easily send BTC back and forth and not worry.

[acroman08]

at first, yes, but after I have done atleast several dozen of transactions before I know it the anxiety is gone.
Even though the anxiety is gone I always double check everything to make sure everything is okay on my end
and not end up sending it to another account.