@adrienne
Related
When doing risk assessment, there are 2 things to consider
Likelihood of loss - chance of something catastrophic happening
Impact of loss - how critical would the loss be
Storing all your funds in a single cold wallet has low likelihood of loss but such a high impact of loss that you shouldn’t ever do it
Using a hot wallet for all your transactions has a higher likelihood of eventual loss, but if you only keep small amount of funds in it, the impact is low so maybe you’re fine with it
0 reply
0 recast
6 reactions