If you solder something, you really need something like this. Soldering is very easy. I hate to think back to my earlier build of various home made terminals which nonetheless required all sorts of cumbersome maneuvers involving a hot soldering iron, solder and two hot components or wires I wanted to solder together. The little tool works great. The wrist joints are detachable and attached with magnets; and the base itself is a magnet that can be used to attach to a frame or nearby metal object when working away from your desk or bench.
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