WJF3
March 29, 2022, 12:54am
1
I know this is a matter of opinion, not really an issue to solve or a fact to provide;
What should a typical ratio be of your Cold Storage BTC vs BTC Designated for your Node?
10 / 90?
25 / 75?
33 / 66?
50 / 50?
66 / 33?
75 / 25?
Is it upsurd to “lock up” more than half of your assets in LND channels?
What % would be deemed as ‘optimal’ or at least suggested?
A node wallet is a cache wallet, not a hodl wallet. Is more like a “commercial bank”.
Read more here
Ok, well, we already have some BTC in our wallets. It is time to know how to protect them well, and here we will present some basic procedures.
TO REMEMBER
NOT YOUR KEYS – NOT YOUR BITCOINS . Yes, custody of your keys (seeds) is the most important aspect for Bitcoin owners. So please, DO NOT use “banks for your BTC”. In Bitcoinlandia YOU are your own bank. Custodial BTC wallets is what exactly can kill Bitcoin - losing control of your own money is going back to fiat money and fractional reserv…
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