It is cool, can i set gap limit to 1000?
The maximum value seems to be 999. While it might work fairly well right now, you might experience long sync times when Ledger servers are overloaded. It usually happens when the Bitcoin price rapidly changes.
Personally, I don't think you should do those things.
The security of your coins is based in your seed phrase. If you need extra security, add a mnemonic phrase or even a hidden second wallet (
https://support.ledger.com/hc/en-us/articles/115005214529-Advanced-passphrase-security?docs=true)
You can add a secondary wallet, with an additional PIN (2 PIN in the same device, with 2 different wallets sharing the same seed, but one of them with a passphrase).
Adding 1000+ address to the gap limit will potentially lead to fund losses when recovering in another wallet/software/etc. This is an experimental feature of Ledger Live. There is a big warning in the screen saying "use them at your own risk"
These are experimental features we provide on an "as is" basis for our tech savvy community to test. They may change, break or be removed at any time. By enabling them, you agree to use them at your own risk.
What I want to point out is: your funds will not be safer by adding 1000+ gap limit. They will probably be more unsafe. The correct way to add an additional security is to add a passphrase.