I'd say an amount you're not comfortable with losing randomly overnight

just keep in mind phoenix wallet app (a self custodial lightning wallet app that acts as a lightning node on your phone) requires a minimum of 10k sats to first topup the wallet with and 3k sats will be deducted from that

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but that isn’t cold storage ?

/phoenix

self-custodial =/= cold storage

self-custody can be both hot and cold

or*