Don't know how to control multiple address and use for various purposes.


Again, what i want to do is receive maybe 50 dollars worth of btc or ltc in a complete separate wallet...where i would use it to buy few things online.  Thus i want it completely separate from my nano ledger.  Only have btc and bch on nano ledger so don't want to receive 50 dollar worth of btc from a website... then send 5 dollar worth of btc to someone and then if they check the transaction history, it could link to old addresses which contains btc.


But since i have no ltc installed on my nano ledger... do that instead?  However... could that person i send 5 dollar worth of ltc to... see how much ltc i have in the future if i buy more ltc?  So because of that, i want like an ltc wallet on my windows pc or ios phone.  So electrum ltc or trustwallet?  Had ltc electrum installed a while back but no more and that would require me to verify it and all that.  Again, this ltc or btc wallet would not contain more than 50 dollars at most.  its a spending wallet for buying things online.

Can use nano ledger wallet or electrum or maybe electrum ltc but need to download and verify electrum ltc so kind of don't want to do that.


Want to send about 5 dollars worth to someone.  Have windows pc, iphone etc.


Do you recommend just install ltc app on nano ledger since i have no ltc there?  Thing is i want to make sure it is private where the person i send any coin to... whether btc or ltc... can't check the transaction history.  What would you suggest then?  Trust wallet on iphone?  Again it won't be more than 50 dollars worth of ltc or btc or bch that i want to keep in this wallet.  its meant to buy some things online.

Am confused about this whole situation here.  Haven't many stablecoins dropped below their peg?  What was the big thing about TERRA USD?  Was it because it dropped so much?  The same thing happened with waves and USDN and it dropped similar to TERRA USD and then went back up to 90% + etc.  How come there wasn't that much talk about USDN compared to TERRA USD?



Also, wasn't it pretty obvious that TERRA USD was eventually going to go back to its peg of a dollar?  When i saw it went to 0.70, i thought... isn't it a no brainer to buy TERRA USD because it eventually will get back to at least 0.95 or so?  Someone did mention the upside was you make max 30 percent but you could lose the whole amount.  But isn't this little risk?



Also i read tons of people on twitter talking about this such as they lost 30% of their life savings and many were immediately selling their TERRA USD correct so they wouldn't lose more?  What i don't understand here is... why are these people so freaked out?  Did they literally had all their live savings in TERRA USD the stablecoin?  But what about Terra coin?  isn't it obvious TERRA USD stablecoin was going to go back to its peg or close to it later on?



it was mentioned they sold a ton of btc in order to try to get TERRA USD back to its peg.  So if they did that, isn't it obvious worrying about TERRA USD Peg isn't that big of a concern?  Still confused why so many people were freaking out over this.  So why do many people have so much in TERRA USD then?  Heard about anchor staking and they give like 19.5% but is that owning TERRA USD the stablecoin... and earning that amount of interest similar to like how people own GUSD and earn GUSD on gemini?  if that is the case, then i would understand why so many people would own a stablecoin like TERRA USD.  Or is that anchor interest just having TERRA coin and not stable coin?  Because you would earn interest but its not stablecoin interest.



Even saw on the terra reddit, there was a suicide hotline link shown.  i am still confused why so many people were freaking out?  Again i don't know much about crypto terms such as these sites liquidating shares and things like that but when it was mentioned they were going to sell billion dollars worth of btc to get ust back to its peg, why are people then concerned?  its not like hey ust is keep going down and the company is doing nothing at all to fix the issue? 



Also saw someone on twitter mention, if terra luna goes down in price, btc and all the other coins will go down but that is the only way to get TERRA USD pegged back.  Can someone explain this or why?  They then said if terra luna goes up in price, then the stablecoin TERRA USD would drop so it's a lose lose situation.  is that statement true and can others elaborate on this?  So if you own both TERRA USD and terra luna, what do you want to happen?  Don't you want terra luna to drop a lot so the TERRA USD to peg back to a dollar... then when bull market again, terra luna go up?  Could both TERRA USD and terra go to zero? 



So let say TERRA USD went to 0.  What would have happened?  All the cryptos would have dropped even more correct?  But are there people that put a ton of their savings in UST or Luna?  The way you see people responses on twitter on this, you feel as if all their savings was on it.  Now would this situation been the same or worst if say this happened to GUSD or USDT or USDC?  im aware UST is a top ten crypto but i couldn't believe why there was so much talk about this.  Were people that owned LUNA much more concerned than those that owned UST?  Assuming one person owned USD while another owned UST.  if you owned UST... the stablecoin should eventually get back to its peg.  LUNA... after a while should go back to its normal prices when bull market right?  So why so much talk about this?

So if that is the case, then how are you getting much privacy then even when you generate a new receiving address everytime you receive btc or ltc?



So basically you need to make sure if you are planning to send btc or ltc from your nano ledger to someone else... make sure you receive enough btc or ltc first before you send them the btc or ltc... otherwise the person you are sending btc or ltc would know how much you have?  Or make sure your last receiving transaction before this, is enough to cover the amount you want to send?



So say someone has 1 BTC in their nano ledger s.  But now they want to send just 5 dollars worth of btc to someone else.  Then by sending 5 dollars worth of btc to someone... the receiver would somehow see the sender owns x amount of btc?  Thus that person could have 1 BTC in their nano ledger but it could be across say 5 or even 50 addresses?  So how would that person prevent himself to get exposed if he want to send 5 dollars worth of btc?  Request like 6 dollars worth of btc from a site to a new address... then send 5 dollars worth of btc to that person... so when they do that... the 5 dollars worth of btc will be coming from the new address so the receiver would only see small amount worth of btc?  



But does nano ledger always deduct btc from the last receiving address?  You say most likely but that isn't always?  Do remember electrum you could see how much btc are in each individual address... don't see that with nano ledger s.



So if someone wants to do small transactions when buying things online and don't want their nano ledger btc balance exposed, what would you suggest them to do?  Use a mobile wallet on the phone or download another software wallet on your pc like exodus or electrum and use that for small amounts?



Or use another crypto like LTC on nano ledger as that would be okay if you don't keep much a balance on it?  But what if in the future you get more LTC?  There is essentially the same risk if you make future payments and that person could check your history?  Thing here is i mean you are sending crypto to like a person and not exchange... so you don't know that much about them etc.  Not like an exchange where they have so many customers, they are looking at you etc.

Confused about this whole situation here.  Haven't many stablecoins dropped below their peg?  What was the big thing about TERRA USD?  Was it because it dropped so much?  The same thing happened with waves and USDN and it dropped similar to TERRA USD and then went back up to 90% + etc.  How come there wasn't that much talk about USDN compared to TERRA USD?



Also, wasn't it pretty obvious that TERRA USD was eventually going to go back to its peg of a dollar?  When i saw it went to 0.70, i thought... isn't it a no brainer to buy TERRA USD because it eventually will get back to at least 0.95 or so?  Someone did mention the upside was you make max 30 percent but you could lose the whole amount.  But isn't this little risk?



Also i read tons of people on twitter talking about this such as they lost 30% of their life savings and many were immediately selling their TERRA USD correct so they wouldn't lose more?  What i don't understand here is... why are these people so freaked out?  Did they literally had all their live savings in TERRA USD the stablecoin?  But what about Terra coin?  isn't it obvious TERRA USD stablecoin was going to go back to its peg or close to it later on? 



it was mentioned they sold a ton of btc in order to try to get TERRA USD back to its peg.  So if they did that, isn't it obvious worrying about TERRA USD Peg isn't that big of a concern?  Still confused why so many people were freaking out over this.  So why do many people have so much in TERRA USD then?  Heard about anchor staking and they give like 19.5% but is that owning TERRA USD the stablecoin... and earning that amount of interest similar to like how people own GUSD and earn GUSD on gemini?  if that is the case, then i would understand why so many people would own a stablecoin like TERRA USD.  Or is that anchor interest just having TERRA coin and not stable coin?



Even saw on the terra reddit, there was a suicide hotline link shown.  i am still confused why so many people were freaking out?  Again i don't know much about crypto terms such as these sites liquidating shares and things like that but when it was mentioned they were going to sell billion dollars worth of btc to get ust back to its peg, why are people then concerned?  its not like hey ust is keep going down and the company is doing nothing at all to fix the issue?



So let say TERRA USD went to 0.  What would have happened?  All the cryptos would have dropped even more correct?  But are there people that put a ton of their savings in UST or Luna?  The way you see people responses on twitter on this, you feel as if all their savings was on it.  Now would this situation been the same or worst if say this happened to GUSD or USDT or USDC?  im aware UST is a top ten crypto but i couldn't believe why there was so much talk about this.  Were people that owned LUNA much more concerned than those that owned UST?  Assuming one person owned USD while another owned UST.  if you owned UST... the stablecoin should eventually get back to its peg.  LUNA... after a while should go back to its normal prices when bull market right?  So why so much talk about this?

What of these coins has went to exactly zero?  Many of those altcoins i recall from a while back is low or has went to very low prices but i don't recall many going to zero.


Can you give examples of altcoins that never recovered from the bear market?  Example i remember two coins called wagerr and coss which were talked about a long time ago... and even now... as low as the price is... as long as you didn't buy it at the high marks, you could probably still get those coin prices up?

if there are inputs, wouldn't that mean it gets linked and the receiver could see a lot more than i want them?


Say someone bought 50 ltc.  Then bought another 5 ltc.  Now they going to send 6 ltc to someone.  Wouldn't the receiving person or site see the inputs and see... hey so this person received 50 ltc previously somewhere?  But had they sent max 5 ltc including fees... then the receiving person cannot see the 50 ltc address?

Any privacy issue with my nano ledger s though that way sending btc?



Going to get tiny amount of LTC... think between 25 and 50 dollars from a site.  They do not charge any fees at all.  Reason is because they are a gambling site and they charge no fees at all.  Don't believe they allow a 5 dollar withdraw and minimum is at least 25 or 50 dollars.



After i receive the LTC, i will do a 5 dollar LTC transfer to someone because i want to order something.  Then probably make few more 5 dollar LTC purchases later on.  So based on that, i want to know what is the best way for me to save on transaction costs.  Or should i just use btc to order something and pay the sending fees that way?  The reason why i want to use LTC is because if i use btc to pay that person or site, couldn't they see my transaction history of my btc from my nano ledger s?  Thus i want to stay more anonymous... so i figure since if i pay them with LTC, well that wallet would have at most 50 dollars and if they want to check my wallet history later on, well it won't have much there.  Does that make sense?  So since i use a nano ledger s for btc, wouldn't there be some privacy issues because if i send say 5 dollars worth of btc... they could see... hey my previous receiving transaction was say me receiving around 2000 usd worth of btc?



Now i do use a new receiving address each time i receive btc... so would privacy and transaction history be visible to the person i would send btc to?  Now if this is a new btc wallet on say electrum for example... and say i receive 50 dollars worth of btc... then send 5 dollars to the other person, well i don't care much because they could see i only had one transaction and its 50 dollars only.  Thus i want to show the wallet i send btc or ltc from is like from an everyday spending wallet... as oppose to holding wallet.  So thoughts on this?



So i want to not only save money on sending costs... but i want privacy.  i want to either send btc or ltc from an address where if you check the history, you don't see more than say 50 dollars total going through that address.  But ltc seem to be always cheap as a penny.



What should i do here?  Don't mind even a mobile wallet on my iphone for this as i want the wallet that im sending from to be like a spending wallet.

Going to get tiny amount of LTC... think between 25 and 50 dollars from a site.  They do not charge any fees at all.  Reason is because they are a gambling site and they charge no fees at all.  Don't believe they allow a 5 dollar withdraw and minimum is at least 25 or 50 dollars.



After i receive the LTC, i will do a 5 dollar LTC transfer to someone because i want to order something.  Then probably make few more 5 dollar LTC purchases later on.  So based on that, i want to know what is the best way for me to save on transaction costs.  Or should i just use btc to order something and pay the sending fees that way?  The reason why i want to use LTC is because if i use btc to pay that person or site, couldn't they see my transaction history of my btc from my nano ledger s?  Thus i want to stay more anonymous... so i figure since if i pay them with LTC, well that wallet would have at most 50 dollars and if they want to check my wallet history later on, well it won't have much there.  Does that make sense?  So since i use a nano ledger s for btc, wouldn't there be some privacy issues because if i send say 5 dollars worth of btc... they could see... hey my previous receiving transaction was say me receiving around 2000 usd worth of btc?



Now i do use a new receiving address each time i receive btc... so would privacy and transaction history be visible to the person i would send btc to?  Now if this is a new btc wallet on say electrum for example... and say i receive 50 dollars worth of btc... then send 5 dollars to the other person, well i don't care much because they could see i only had one transaction and its 50 dollars only.  Thus i want to show the wallet i send btc or ltc from is like from an everyday spending wallet... as oppose to holding wallet.  So thoughts on this?



So i want to not only save money on sending costs... but i want privacy.  i want to either send btc or ltc from an address where if you check the history, you don't see more than say 50 dollars total going through that address.  But ltc seem to be always cheap as a penny.



What should i do here?  Don't mind even a mobile wallet on my iphone for this as i want the wallet that im sending from to be like a spending wallet.

Thanks for the response.  Well i know from previously... there are usually two firmware updates a year on average with the nano ledger.  i update ledger live usually a few days or week after there is an update as i don't want to do the update immediately in case of bug or issue etc. 



But i rarely every look at my apps installed and see if there is an update.  So basically each time i get ready to do a firmware update twice a year... i then look at my apps installed and they always are few versions behind.  So i estimate btc, bch apps usually have an update every one or two months or so.  But i don't pay attention or even look at it until i have to do a firmware update.  Since any transactions i do with the older btc, bch app apps doesn't seem to have an issue.  So most people here don't update their apps or check it like with ledger live updates?



Didn't think about firmware update taking more space where one of your coin apps get removed and not reinstalled because of lack of space.  Anyone had this happened?  Previous firmware updates has made many apps kb to be different correct from previous firmware?  So how much kb should you have left on your nano ledger s before you do an app update?  For example say you have around have 30 kb space remaining at the moment on your nano ledger s.  Would it be a bad idea in general to install enough apps where your nano ledger would show you have all the kb used up and 0 kb free?  Should you always leave say 2 kb free just in case?  Whether its in general or before a firmware update?  is it possible how some people say their nano ledger just suddenly reset... could this be a reason?  Do people here have their nano ledger completely full where there no kb space remaining at all?



Before you do any installed apps updates,  it show the new app version number for those coin apps.  But it still tells you how much kb it will use right?  So you can make sure you have enough space?  So shows 2gb currently used for your bch app... the new bch app update shows also 2kb... then it is exactly that right?  Thus it isn't l ike say 2.1 kb where now you might not have enough space?



Also when you do firmware update, does it tell you how much kb you need free on your nano ledger s before you do it?

With the second long number you posted... is that the total amount of addresses for the 12 word seed phrase?  If so, that is a lot.


What about how many total seed phrases for a 24 word seed?


Well the other thing is this.  When you look at how many possible seed phrases there are, aren't there going to be lot of seed phrases where some people will not use if say they see repeated words?  Example its been mentioned some people seed phrases could contain the same word twice.  Now imagine their seed phrase contain the same word say 6 times... surely someone might later choose another seed phrase later on if they are bothered by this? 

When was the last time it was inversely correlated? 

How do you counter it then? 


Do you ignore coins you never heard of in your wallet that is an airdrop?

Should just use the nano ledger then for ltc?

LN i assume is lightning network.  Don't have clue about this.  But if i were to send btc from nano ledger and its in segwit... that is okay?


Well i want to know if it make sense to get LTC instead if i would send LTC to someone and don't want to pay a lot on fees.

Got those fee numbers from another site.


okay so btc sending fees right now are very low if you choose low or medium priority.  How do you check what was the low/medium/high sending fees previously like say hours earlier or week earlier.  Can you check that with mempool or its always a current sending fee now?


What exactly do you click on to check current BCH and LTC sending fees?  So basically from highest to lowest in fees... its always BTC, LTC and then BCH?  LTC seem to always be few cents from what i recall?  But BCH is at most one cent always?  So if you were to send small amounts to someone... say 5 dollars or less, it makes sense to use BCH or LTC usually?  Because even as low as the BTC sending fee is now... normally its bit higher? 

Say you want to send a small amount of crypto say 5 dollars usd worth... with the lowest fee possible... how much is it terms of usd wise to send


BTC
BCH
LTC


at the moment?



What site do you check?  Saw one site that shows sending these are the average fees.  Accurate?


BTC  0.000058 BTC ($1.81)

BCH  0.000018 BCH ($0.0042)

LTC  0.00018 LTC ($0.014)



Know you can adjust the sending fees on nano ledger for sending btc such as for low, medium or high.  But if you were to send BCH or LTC, what would you input for the sending fee?  Does the lowest fee you put still fast for BCH and LTC?  Always heard LTC is very fast.  Because if that is the case, why would anyone use BTC to send 5 dollars to someone or a site if they can use BCH or LTC and pay a penny?

Say you want to send a small amount of crypto say 5 dollars usd worth... with the lowest fee possible... how much is it terms of usd wise to send


BTC
BCH
LTC


at the moment?



What site do you check?  Saw one site that shows sending these are the average fees.  Accurate?


BTC  0.000058 BTC ($1.81)

BCH  0.000018 BCH ($0.0042)

LTC  0.00018 LTC ($0.014)



Know you can adjust the sending fees on nano ledger for sending btc such as for low, medium or high.  But if you were to send BCH or LTC, what would you input for the sending fee?  Does the lowest fee you put still fast for BCH and LTC?  Always heard LTC is very fast.  Because if that is the case, why would anyone use BTC to send 5 dollars to someone or a site if they can use BCH or LTC and pay a penny?

Do you take Neteller USD (non us gambling funds) for crypto or paypal or wire transfer/us banks?

Mentioned that i usually update my ledger live usually a few days or a week or more after a new ledger live update to see if there are bugs or issues like that before updating ledger live.



Believe on average, i update the firmware of nano ledger twice a year since on average that seem to be how many times there is a firmware update... usually twice a year.  So each time that happens, i then check my apps installed and update those as well.  For example btc, bch and btg wallets when i check the apps installs, would show im running an older app.  So during the year when i use it few times, i rarely even check if any of my installed apps need updating and there doesn't seem to be issue sending or receiving btc even if im using an older version app of btc.  Anyone here like this or do all you people usually check every few weeks or so if your installed apps are up to date.  But when you do a firmware update, does it automatically update your installed apps or you have to still do it manually yourself?  Don't remember what happened last time when i did the firmware update.



Now the thing is i do not connect my nano ledger s that much to my laptop unless i am planning to send or receive.  Now i recently connected my nano ledger s to my laptop because i wanted to request btc from a site.  Got a receiving address and then copied it to the site for them to send the btc to.  Then when i went to my apps installed... btc, bch, etc... notice im using an older version of all the apps.  That is not surprising as i know each app has an update every month or two correct?  Anyone know how often btc and bch app have new versions?  Now my question is... there is no issue of me updating all my install apps on my nano ledger right now correct?  Reason is because since i requested btc from a site to the btc receiving address i got from ledger live... and will be waiting for the btc to hit my wallet, this will take a while as that site is slow with withdraws... there is no issue with me updating my btc, bch apps now right?  Or should i wait until the btc hit my wallet first and then install updates for all my installed apps on nano ledger?