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they open channel with you with YY sats capacity for defined time period.
Why just for a defined time period? I though keeping a public channel open for as much time as possible helps increase trust within the network peers. Is that not true then? Does it works different for private channels?
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sorry for later response, yes I am running full btc node with lnd.
there are several options to open channel. you can use LSP - buy a channel, e.g. you pay XX sats to LSP and they open channel with you with YY sats capacity for defined time period. OR you can open channel with your sats with olympus by zeus [1] , megalithic.me
for beginning open private channel, that means that channel is not publicly visible and will be used only by you.
[1] https://amboss.space/node/031b301307574bbe9b9ac7b79cbe1700e31e544513eae0b5d7497483083f99e581