31 sats \ 2 replies \ @doubleplusgood23 19 Apr 2022 freebie \ on: Daily discussion thread
Hello, I’m new here! I’m planning on investing a portion of my money into Bitcoin. I’d like this to be a long term investment and want to do it “the right way” first. I’ve asked this in a Bitcoin chat and this is my current refined list:
  1. Purchase a Cold Card.
  2. Host a personal Bitcoin node (Umbrel?)
  3. Buy Bitcoin with Bisq on TAILS via a Postal Mail Order.
  4. Do a Coinjoin on the purchased Bitcoin (considering an XMR tumbler instead?)
  5. Verify everything works by re-using seed and adding a small amount of BTC to the wallet.
  6. Use a metal seed plate and backup the Cold Card seed. (Using a 25th word for seed).
  7. Have a view-only wallet on any internet connected devices, using Tor to connect to the node. (Bluewallet, Electrum.)
  8. Stretch goal: Host my own Lightning Node. (Umbrel?) Not sure I’ll have the liquidity… Anything I’m doing terribly wrong? Thanks for any help!
write
preview
260 sats \ 1 reply \ @k00b 20 Apr 2022
That's a pretty great list! Looks good to me. You're doing a lot of these things "the right way." Let us know how it goes!
reply
10 sats \ 0 replies \ @doubleplusgood23 20 Apr 2022
Wow, thanks for replying k00b!
I will indeed!
reply