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Replying to Avatar Oshi (推し)

A lot of new Bitcoiners get overwhelmed by all the options for securing their coins.

I get it - there’s so much talk about nodes, multisig, hardware wallets… it can feel like you have to do everything at once.

But here’s the thing: you’re already getting SHA-256 encryption - military-grade security - just by using #Bitcoin.

You don’t need to run your own node right away. You don’t need a multisig setup from the start.

The worst thing you can do is leave your coins sitting on an exchange and not take any action.

Don’t overcomplicate it at first.

Move a small amount onto a simple hot wallet to get started. When you’re ready, get a hardware wallet - that’s the moment you really commit to taking ownership of your coins and seed phrase.

Keep it simple.

The important thing is to take that first step toward self-custody.

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kidwarp 6mo ago

A lot got fucked up when "nodes" stopped being an application on your computer… much less the vast majority will never actually need to run one…

Multi sig is only really needed for large stacks…

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Oshi (推し) 6mo ago

What’s considered a large stack?

a0
Devil 6mo ago

https://video.nostr.build/6df4006b4c042ee977ae17286463c06aef0d26f6f0f766cd68454b5eff16e548.mp4

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kidwarp 6mo ago

That depends on the user…

IMHO… if you have hundreds/thousands of bitcoin in a single addy…

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