⚡️ Rebalance Your Bitcoin Lightning Network Node Like a PRO

Rebalancing channels on your Bitcoin lightning node is one of the least understood and most frustrating parts of running your very own lightning node. On the one hand, if you don't have the right liquidity and the right liquidity, specifically moving in the right direction at the right time, then you are missing out on powerful sources of income by routing transactions.

And yet, on the other hand, Balancing channels can be incredibly expensive, incredibly time consuming and incredibly frustrating with so many failed routes. But what if I told you that this isn't how the pros do it? That there's actually a way to have all of this done intelligently and automatically by a smart piece of software... That knows how to calculate profits, how to find the best routes and automatically rebalances your channels based on a set of rules that you specify? Well stick around. Because in this video, I'm not only going to explain what rebalancing is and how it works, but also how you can do it like a pro.

🎥 VIDEO SECTIONS 🎥
🟧 Introduction 00:00
🟧 What is "rebalancing" and how does it work? 01:17
🟧 Why would you pay to rebalance channels? 04:43
🟧 How most people rebalance channels (and why it sucks) 06:29
🟧 How the PRO's rebalance channels 08:26
🟧 How to install Rebalance-LND on Umbrel, mynode, or raspiblitz (some errors, see full guide below for a better explanation) 10:55
🟧 Tutorial & Demonstration: How to use rebalance LND on your Bitcoin node 12:58
🟧 Why this is so genius 20:19
🟧 Warnings & Caveats 22:11
🟧 How to automate it so your Bitcoin Lightning Node balances itself 26:00

⚡️ RESOURCES MENTIONED IN THIS EPISODE: ⚡️
🟧 Rebalance-LND by Carsten Otto https://github.com/C-Otto/rebalance-lnd
🟧 A full installation guide/tutorial (someone wrote this after this video was recorded!): https://yalls.org/articles/97d67df1-d...
🟧 Carsten's website (make sure to tip him via keysend!) https://c-otto.de
🟧 https://Crontab.guru
🟧 My previous video on advanced Lightning Tools    • ⚡️ Run Your Bitcoin Lightning Network...  

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