Replying to Avatar JCT

If your only option is hot wallet, then even though it’s relatively safe, don’t have more than you are comfortable loosing.

Question… why would you even want to change a cold storage address even if it’s on steel plank? Assuming you would have it in a safe locked up.
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yort 2y ago

ahhh i think you might have misunderstood me a bit

hot wallet would be temporary storage only (a sparrow wallet) where funds are hopefully mixed prior to being sent to cold

cold storage wouldn’t have a seed phrase that‘s changing (just normal receive address change for privacy)

and cold seed would be backed up in all the proper ways

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