Rule of thumb is, custodial wallets like WOS for laughs and giggles (less than $10).
A non custodial LN like Phoenix or Breez for less than $100 worth of #sats.
A non custodial on-chain (Layer 1) like BlueWallet for more than $100 worth.
A cold hardware wallet like Jade for more than $1k.
A multisig cold wallet (more than one hardware wallet) for $10k worth of #Bitcoin
Fully agree, only the absolute numbers are personal and different per person. If you don't feel comfortable with your setup: Upgrade!
Orange pilled a co-worker today! Shared your rule of thumb on wallet types and use. Thanks for posting!
He's going with #Strike app, DCA purchase's, then move to cold wallet storage. Showed him no-KYC on ramp options, but he decided to go with KYC route for now.
