21 sats \ 0 replies \ @BTCLNAT 27 Oct \ on: Questions about your cold wallets rotation bitcoin_beginners
These questions, from my point of view, are aimed at those who have large stashes thinking about the convenience of having good practices, and for those of us who don't even have a place to fall dead, thinking about how to have good practices in the future and how to help others to have good practices.
In my case, I have learned that we should have several wallets, those for holding, caching and spending, that is Lightning.
In the holding wallet, they have advised me that never everything should be in the same place, a single attack leaves you without funds.
The use of cold wallets to some degree simplifies the issue of custody outside the network, but there is the issue of the HWW software.
I like the use of Just Look, it is not so complicated, I do not need great technical knowledge and very low costs, because if I have a mobile phone and a computer, I have the issue resolved. Also, with the WO wallet I already check the balance of the wallet that is offline and I have the deposit addresses, so there is no need to touch the internet with the private key.
As for moving from one address to another, I have to learn about its usefulness.
It is very important to have UTXOs of different sizes and to identify those that have CEX marks and those that I obtained from P2P.