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How much is too much to hold on a hot wallet?

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by COINS NEWS 103 Views

How much is too much to hold on a hot wallet?

By now most people on this sub have heard about the Atomic wallet issues and people losing everything they held on the wallet.

See the image below for the five largest individual losses of the Atomic wallet hack

https://preview.redd.it/jmj7y5x6t04b1.png?601&format=png&auto=webp&s=7f6e158fe045f65e5f72e92f290f8ee443f583d5

  1. $3,614,064
  2. $2,727,540
  3. $1,381,004
  4. $1,281,420
  5. $292,286

These are extremely large amounts and with most hardware wallets priced at around $100 it doesn't make much sense to keep this amount on a hot wallet.

Many people don't seem to know the difference between both from reading some of the tweets posted which could be a reason why they held so much in the wallet.

https://preview.redd.it/jptno2rav04b1.jpg?1284&format=pjpg&auto=webp&s=86b16cf1a2f3c60fbe0f180296f3997149069ffc

So after reading on the amount some people are losing it got me curious what everybody on this sub thinks should be the limit to hold on a hot wallet?

submitted by /u/Odlavso
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