Hi TKay,

I downloaded the LND lightning node. I believe I need to fund it with some BTC and open a channel. How much BTC should I allocate to the node and what channel should I open?

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That is awesome! Please make sure you wrote down your seed phrase and have everything secure.

You are correct, first thing is to fund the on-chain wallet. This depends on what is your goal of this wallet?

If you just need a wallet, for small purchases i think 500k-2m is a reasonable. just remember that you need to have a little bit more in the on-chain wallet than you intend to have in the lightning channel.

If you use Telegram, I suggest you find Nodstrich nostr:npub1hxfkcs9gvtm49702rmwn2aeuvhkd2w6f0svm4sl84g8glhzx5u9srk5p6t and join. I can help you there and many others can provide even better insights.

Thanks. I downloaded Telegram and sent a request to join The Nodestrich group.