The thing you are forgetting is the lindy effect of your hardware device. The longer you have a hardware device, the less likely it could be compromised and you could lost your funds.
If you decide to change wallets, you have a risk that your new device is compromised or a technical risk that you fuck something up. Also,never send all your funds at once on a new wallet. You need to send the funds gradually over multiple months or even years.
And OBVISOULY UTXO PER UTXO. NEVer mix your utxos
Login to reply
Replies (3)
What happenes to Luke?
From what I heard Luke was using his own custom made wallet that was not even offline because he did not trust coldcard or other wallet providers.
I would not compare that to having a cold card
But what even is the “Lindy effect”? 🤷🏻♀️ I need to know.
Also, self custody was the biggest barrier to my going all in. Just reading through that made my chest tight. 😓