Replying to Avatar SLCW

Do you move your sats to your on-chain wallet once you accumulate a certain amount? Or do you just keep your lightning sats seperate from your long-term savings? I move my lightning sats to my on-chain hot wallet when I reach a predetermined amount, and I move BTC from my hot wallet to cold storage when the hot wallet reaches a certain amount. This method has worked out really well for me in maintaining an active spending wallet, while also continuously increasing my long-term stack. #bitcoin
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₿itcoin₿iz⚡ 1y ago

Yeah. I buy in small quantities by doing DCA in P2P LN. Sending to hot LN custodial wallet. I accumulate an adequate amount and send to non-custodial LN wallet (Zeus - Phoenix) and then using Boltz send to Hardware Wallet

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SLCW 1y ago

I'm somewhat similar. My DCA purchases go to my Nunchuk wallet, and when a certain threshold is reached, coins are transferred to my offline, watch-only wallet. I make seperate, occasional purchases of lightning sats which go to my Minibits wallet for use in zaps and small-value purchases. Sats I earn through zaps and thrifting & flipping also go to the Minibits Wallet. When the Minibits Wallet reaches a certain threshold, I'll transfer the sats to my Nunchuk wallet, where they sit until it's time to transfer them to the offline wallet. This process has been very helpful in maintaining liquidity, and automatically saving.