Are all your eggs in one basket 🧺 ? \ stacker news ~bitcoin

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179 sats \ 12 comments \ @BitcoinIsTheFuture 31 Mar bitcoin_beginners

Ok so it’s Easter time so time to reflect on how many eggs you have in one basket? No I’m not the Fed and I’m not curious on how much of your wealth is in Bitcoin. I’m curious of what percent of your sat stack you have in what baskets and why? For example, what percent is on an exchange, lightning, liquid, cold storage.

For me I have 9% on exchanges(was an idiot and staked sats on Gemini Earn and haven’t seen them in a few years) others I’m waiting on a larger UTXO, 1% on Lightning, 90% in cold storage.

Would be curious to learn from the rest on you on your egg (sats) baskets and why!

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813 sats \ 1 reply \ @siggy47 31 Mar

Despite your impressive smoke screen, you have still earned a ... Nice try, fed.

1 sat \ 0 replies \ @BitcoinIsTheFuture OP 31 Mar

lol, just curious to learn from this willing to share.

10 sats \ 3 replies \ @030e0dca83 31 Mar

300k sats on lightning to orange pill people around me. That's it. Everyone on the planet deserve their 300k sats

3 sats \ 0 replies \ @BitcoinIsTheFuture OP 31 Mar

Awesome love this thanks!

3 sats \ 1 reply \ @oliverweiss 31 Mar

If everyone, then it has to be less than 300k, or?

0 sats \ 0 replies \ @030e0dca83 1 Apr

If more precisely it's 260k but I ceiling rounded it

171 sats \ 5 replies \ @DarthCoin 31 Mar

I've sent you several times this guide. I think you didn't read it. So I will send it again until you will get it: https://darth-coin.github.io/beginner/be-your-own-bank-en.html

TLDR:

3 levels stashing: HODL, cache, spending (LN)
many wallets with multiple UTXOs
multiple wallet apps, with multiple amounts.

20 sats \ 0 replies \ @BitcoinIsTheFuture OP 31 Mar

Yup I’ve read and go back on these, thanks! As we’ve discussed most of my stash is HODL’D. I have two custodial Lightning wallets, but with your guidance finally set up my first non- custodial Lightning wallet (Phoenix) last month! I really like your idea to set up others depending on needs and use cases. I will likely branch out after using Phoenix more.

0 sats \ 3 replies \ @Fabs 31 Mar

All in one UTXO you say?

0 sats \ 2 replies \ @BitcoinIsTheFuture OP 31 Mar

I’m just condescend 50 small UTXOs into one on chain. I’ll be sending over in larger chunks going forward. So I’ll still have multiple but more usable

5 sats \ 1 reply \ @Fabs 31 Mar

👍 and 👍.

0 sats \ 0 replies \ @BitcoinIsTheFuture OP 31 Mar

Yeah it all depends on ones use cases