What is the most effective method for accumulating a significant amount of sats before transferring them to cold storage?
#AskNostr
#Bitcoin
Discussion
Ayy man i am accumulating em in coinos, the methods to how i get zaps can be summed up as 'glorified begging'.
I suppose this does not answer your question some one qualified will answer i too wanna know😛
Its kind of leaving them on an exchange. I wonder if there is a good none custodial option that saves a lot of tx cost.
Just trust the exchange for a bit only. Or better yet open your own costodial shit, you earn too in the process🤔.
If its not big amounts custodians are good.
Sure, probably the easiest solution.
To open a custodial wallet? You gonna? If you earn and be a mogul of zaps just zap me too.
P2P platforms - my fave is nostr:npub15369wu3wzzar5fclhecyqfv683x69n6nhlg7rxqnsg2dydgxflpq3apswl but there are others like Hodlhodl, Bisq, Robosats, Mostro etc. check out https://kycnot.me for other suggestions on how to stack kyc-free sats…
Thanks!
Not to forget Vexl. It’s real P2P. 😎
nostr:npub1mftv2j67vayavkks8rqev3u8jjhefe86tf80msstfxvpunk9vmps6prkl3
If you have any doubts about how to store your purchases in small quantities, I leave them on the Exchange while they are less than $1000. Above $1000 I transfer them to a lightning wallet. Above $5000 I transfer them to a cold wallet.