Oddbean new post about | logout
 I’m afraid to send my BTC to my hardware wallet and then lose it. 
 Fear is normal, what conditions what cause you to lose it? 
 Idk, is small. Life happens… what could happen if have a it an online wallet not an exchange? Like blockstream green for example 
 On exchange you have limits and a chance of rugpull. With your own keys you are in control, that's what being a bitcoiner is all about  
 Make backups 😉 
 How? 
 Send a test-transaction with a low amount first, and the some bigger ones. As long as the UTXO’(transactions) are bigger then 1.000.000 sats/bits You will be just fine. 
 I BELIEVE YOU CAN PLAY AROUND WITH SPARROW WALLET (AND OTHERS) ON A TEST NET - THIS MEANS IT'S NOT REAL COINS, BUT ALL THE PROCESSES ARE THE SAME AND YOU CAN PLAY AROUND MOVING COINS TO YOUR WALLET