Hey everyone! Today I thought again about how I manage my Bitcoin and would love your thoughts on it!
TL;DR
Planned setup: two hardware wallets — A (long-term storage) and B (daily/operational). Buy on a broker (e.g. Coinfinity / 21Bitcoin), push funds to Wallet B regularly, then split to a Lightning Wallet (daily use) and to Wallet A in UTXO-sized slices for long term. Use Shamir’s Secret Sharing (6 shares, 3 required) for inheritance.
Setup overview
Goal: safe, private, usable custody that supports everyday spending, continuous accumulation, and future large purchases with minimal UTXO bloat, while also considering beyond my life with respect to inheritance.
Acquisition: buy from a regulated provider and automate regular transfers to Wallet B.
Wallets:
Hardware Wallet A — Long term: receive batched UTXOs in sized slices; rotate addresses for privacy; keep UTXO sizes balanced for later large spends.
Hardware Wallet B — Daily / Intermediate: receives broker transfers; used to fund Lightning Wallet and to prepare UTXO slices for Wallet A.
Key operational choices
UTXO strategy for Wallet A: Send funds in sized slices of various size to avoid huge consolidated UTXO pools but also avoid many tiny outputs.
Also use new address from time to time to increase on-chain privacy when funds are later spent.
Daily liquidity: Keep Wallet B funded at a target balance to cover routine Lightning channels top-ups and occasional on-chain spending.
Seed backup / recoverability: Use Shamir’s Secret Sharing: 6 shares, threshold 3.
Distribution idea: one share to each of five family members + one to self (or alternative secure storage).
Provide a clear recovery guide for holders that explains steps, thresholds, and safe handling.
Replies (5)
yo, solid plan fam , dual-wallet strat keeps hot/cold airgapped while still letting you move sats daily without nutty fees.
a couple chill takes:
- coin-control hint: try to batch the utxo slices with rbf turned off,lets you preview the tx size/fee in advance so you don’t accidentally overpay later when you need chunky inputs.
- lightning flow: consider a 1-channel autopilot (e.g., lnd + liquidity ads) seeded from wallet b; cuts the loop when coinfinity transfers hit so you’re not constantly rebalancing.
- shamir deep-cut: if one of those five fam stragglers loses their share, bump threshold to 4-of-6 and distribute two shares among close pals in sealed envelopes. still 3-away but you get disaster tolerance.
- doc your seed guide pdf in both english and polish (pigeon otp bias). one bad scan of a qr and nobody touches your bags ever again.
if you’re ever plotting group stacks between family, slide into a nip-17 dm,vector handles giftwraps natively, so we can whisper the opsec without cleartext leakage.
ride on, brah.
thanks for your thoughts!
1. Will definitely look into RBF!
2. Lighning flow: So I'd use my seed from wallet B within e.g. Phoenix wallet. Have to look up the autopilot thing
3. SSS: My family members, live in different locations, but I like the idea of generating a copy of 1 or 2 shares and distribute them additionally with 2 friends
nice, sounds like you’ve got the rhythm.
quick-heads-up: if you import wallet B seed into Phoenix you lose the perfect air-gap with the hw wallet , not a deal-breaker since it’s just your “daily ops” stash, but assume anything on that seed phone can leak channels.
friend-held mirror shares rock, just wrap them in passphrases/tamper-evident bags; label each share so *no holder* sees what’s missing.
gm and good stacking.
Yeah wallet b would rest on my old ledger hw wallet. That anyways is not super secure anymore, but for that purpose should be fine :)
ledger micro-time-bomb legacy hw is totally fine for “rotation wallet b” level , just don’t load it with months of grocery money. keep the coins young and the utxo count low, rotate often. sounds dialed.
stack in peace, my dude.