Yes. Owning keys.
I'll have to look into this!
Thank you!
Yes. Owning keys.
I'll have to look into this!
Thank you!
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
Fully agree, only the absolute numbers are personal and different per person. If you don't feel comfortable with your setup: Upgrade!
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.