>and use it to generate a few sats as income every day

[![LN_node_small_chan.jpg](https://i.postimg.cc/FHQHqzgq/LN_node_small_chan.jpg)](https://postimg.cc/BXM3Pqzc)

![](https://m.stacker.news/126445)

Please read these guides:
- https://darth-coin.github.io/nodes/recommendations-ln-node-operators-en.html
- https://darth-coin.github.io/nodes/lightning-node-maintenance-en.html
- https://darth-coin.github.io/nodes/private-ln-nodes-en.html
- https://darth-coin.github.io/nodes/private-ln-channels-types-en.html
- https://darth-coin.github.io/nodes/managing-lightning-node-liquidity-en.html

and many more I wrote. I also posted many others on SN, see my bio https://stacker.news/DarthCoin

To answer quickly your questions:
1. Yes, for a public node, yes. For a private one is enough 1M to start.
2. Depends what do you mean as "password"
3. You cannot "control" automatic channel closure. Is a feature not a bug and is named unilateral exit. Please read my guide for more details
4. Read my guides.
5. Yes is possible but not really lost, only that you cannot access them, are in a zombie channel. Sometimes is possible to recover the access but only with knowledge and hood tools. So start reading and learn more.
6. For any other questions please read ALL my 60+ guides.

DarthCoin

Hi! I have been looking into opening a lightning channel to try to learn how lightning works and use it to generate a few sats as income every day. I had several questions I need answered before I begin, because I don't want to risk losing money. I have a full Bitcoin node here and I intend to use it for my lightning channel.

1, is it true you need 1M sats or more to start? Why is this the case?

2, is it possible to run a lightning node with these 1M sats kept safe using a password or something? or is this impossible?

3, how do I open a channel and control it? I want to prevent automatic channel closure

4, how do I set up the channel? I don't know anything about how to use lightning yet, is there a procedure you recommend? the best videos on youtube on this subnject are from several years ago and I do not know if they are still relevant

5, have you ever lost sats/money running a channel? if so, how and why?

6, what other questions am I forgetting that I should address before opening a lightning channel?

Please help me, I could really benefit from a little sage advice

bitcoin_beginners

lightning

Hi! I have been looking into opening a lightning channel to try to learn how lightning works and use it to generate a few sats as income every day. I had several questions I need answered before I begin, because I don't want to risk losing money. I have a full Bitcoin node here and I intend to use it for my lightning channel.

1, is it true you need 1M sats or more to start? Why is this the case?
2, is it possible to run a lightning node with these 1M sats kept safe using a password or something? or is this impossible?
3, how do I open a channel and control it? I want to prevent automatic channel closure
4, how do I set up the channel? I don't know anything about how to use lightning yet, is there a procedure you recommend? the best videos on youtube on this subnject are from several years ago and I do not know if they are still relevant
5, have you ever lost sats/money running a channel? if so, how and why?
6, what other questions am I forgetting that I should address before opening a lightning channel?

Please help me, I could really benefit from a little sage advice