John Martinez on Nostr: If you are planning on saving a significant amount in bitcoin I would suggest a cold ...
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.
Published at
2024-06-29 17:19:56Event JSON
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"content": "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.\n\nOnce 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.\n\nLightning and any other layer 2 should be for small transaction and amounts. \n\nCertainly 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. \n\n",
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