Replying to Avatar Secretary Janet Yellen

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
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Abe 2y ago

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.

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