47 sats \ 3 replies \ @j7hB75 8 Sep \ on: Stacker Saloon
Question
I use Strike for DCA. When I accumulate a certain amount of sats I send them directly to cold storage for no fee. This is a nice perk of Strike.
However, is it better to send sats to a lightning wallet that offers submarine swaps before transferring to cold storage?
Current:
Strike -> Cold Storage
Proposed:
Strike -> Lightning Wallet -> Submarine Swap -> Cold Storage
It’s more private, yes
And you can use any lightning wallet because you can use services like boltz.exchange
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darthcoin recommends inserting a "cache" step between swap & cold storage. i think it's a good idea, in the long run. in light of ever-expanding attack vectors, the trick is figuring out a great cold-storage do-not-touch do-not-worry setup, so some of the wallets that i used to consider cold, i now consider cache.
as far as stacking is concerned, i do not "buy bitcoin" but make instant payments, or even more simply put i "use bitcoin" for whatever necessary.
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Start reading more:
- https://darth-coin.github.io/beginner/getting-started-stack-sats-en.html
- https://darth-coin.github.io/beginner/be-your-own-bank-en.html
- https://darth-coin.github.io/beginner/bitcoin-hodler-guide-en.html
- https://darthcoin.substack.com/p/lightning-network-submarine-swaps
- https://darthcoin.substack.com/p/private-lightning-nodes
- https://darthcoin.substack.com/p/lightning-cleaning-machine
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