I don’t recommend using Lightning wallets (they’re all hot wallets, custodial or not) for any long-term HODL amounts.
I run a node, so I don’t need to rely on them, but Wallet of Satoshi (npub1hcw…h9rq) provides a great entry-level service that we are stress-testing with our #zapathons, and I still like it because it’s fast and easy.
You could look into Phoenix, which gives you more control over the Lightning channels and still gives you custody of your sats.
Depending on what you consider an amount worth keeping, I’d suggest moving anything that you don’t plan to spend (or risk) in a hot wallet to an on-chain address where only you hold the private keys.
daniel / The Daniel ⚡️ and 84 sats
npub1ae…q4nwx
2023-05-03 12:36:58
in reply to nevent1q…whxh
Author Public Key
npub1aeh2zw4elewy5682lxc6xnlqzjnxksq303gwu2npfaxd49vmde6qcq4nwxPublished at
2023-05-03 12:36:58Event JSON
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"pubkey": "ee6ea13ab9fe5c4a68eaf9b1a34fe014a66b40117c50ee2a614f4cda959b6e74",
"created_at": 1683117418,
"kind": 1,
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"content": "I don’t recommend using Lightning wallets (they’re all hot wallets, custodial or not) for any long-term HODL amounts.\n\nI run a node, so I don’t need to rely on them, but #[4] provides a great entry-level service that we are stress-testing with our #zapathons, and I still like it because it’s fast and easy.\n\nYou could look into Phoenix, which gives you more control over the Lightning channels and still gives you custody of your sats. \n\nDepending on what you consider an amount worth keeping, I’d suggest moving anything that you don’t plan to spend (or risk) in a hot wallet to an on-chain address where only you hold the private keys. ",
"sig": "b0bf3dd306ab86942726f135efe6f3cd93d7862a7db894304dc05bda4037e30973553d33466dfa7907c64ad97e991849fe6ba2b303b4070d046cd9496a9a6d3e"
}