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.
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
