Subnostr

Maria2000 1y ago

#asknostr

I'm looking for different options to stack sats, add some privacy, and be relatively secure. I watched a video by blockstream that shows how to move sats from exchange over lightning, do a swap into liquid using Boltz, then wait to accumulate a bigger amt, then finally into cold storage onchain. I dont see much talk about liquid here on nostr. Is there something more i should research or consider about using liquid and boltz swap? I guess i'm hesitant to have too many sats at a time sitting in lightning, and i recently had issues with Mutiny wallet.

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Discussion

Lighthouse 1y ago

Liquid is okay,

aqua wallet does the liquid swaps for you through boltz

It's pretty simple to use, might be what you're looking for

Lighthouse 1y ago

Also mutiny sukkdikk I uninstalled it

Hazey 1y ago

Ironically, liquid has serious liquidity issues. Often you can't swap in/out due to no liquidity.

Maria2000 1y ago

Ahh, ok . I'll do some more digging.

V3spering 1y ago

Super curious about this topic too.

The Bullish ₿itcoiner 1y ago

Can you post the link to that video? I’d like to take a look at it.

I created this clip a while back where nostr:npub1e0z776cpe0gllgktjk54fuzv8pdfxmq6smsmh8xd7t8s7n474n9smk0txy and nostr:npub1e25gxea3f4sf088j8ppdy5mg5eyuvv74dh5dz3s97sasjfuna3tqukzf0u (I think) mentioned Liquid. Sounds similar to what you’re trying to do.

https://m.primal.net/JCKp.mov

Maria2000 1y ago

Sure.

nostr:nevent1qqsxpxhlezcgwjn0mtan634w48ruldnkyx3yvw0ft6h66e9mpsxnslgpzemhxue69uhkyetkduhxummnw3erztnrdakj7q3qjg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksxpqqqqqqzzq9482

Dr. Fernando Morales 1y ago

I've been doing this for some time and have had no problems. I was using Sideswap (app) for this but currently using Aqua.

Maria2000 1y ago

Thank you for the feedback.

Beneath The Ink 1y ago

If you are planning on saving a significant amount in bitcoin I would suggest a cold storage wallet like trezor or cold card. Buy the wallet direct from the manufacturer, don't try to get a cheaper option, that might be compromised.

Once you have that set up continue DCA or your current stacking method on your preferred exchange (ideally one without super high fees) theres a super good intro to this on r/bitcoin on reddit.

Lightning and any other layer 2 should be for small transaction and amounts.

Certainly not the only way to do it, but its the safest. I had bitcoin in celsius when it collapsed and lost a good bit until earlier this year when I was able to get some back through PayPal.

TheGrinder 1y ago

Imo if you feel like you're having too much money on LN, move it to the main-net and be done with it. The stacking and hodl should be on the main net.

Maria2000 1y ago

I do keep my hodl on chain, just thought i might improve privacy a bit more.

TheGrinder 1y ago

new addresses, never seen by an exchange, and DIY coinjoin is all you need. I only use L2's for fun. Like zapping.

Maria2000 1y ago

Do you have to run a node to do your own coin join? I'm not too techy.

TheGrinder 1y ago

You don't need to "run" the node (permanently) but yes you should use BitcoinQT. Coin-control is built into Bitcoin, by design. Here's a link to a three video tutorial Fractal Encrypt made a few years ago.

https://www.youtube.com/watch?v=GGZpm7ZSakk&ab_channel=FractalEncrypt

Maria2000 1y ago

Thank you, i'll def look at this.

TheGrinder 1y ago

Pleasure. sounds more complicated than it is 😉