Its like a light bulb with so many hours on it.  If you leave it on 24 x 7 it will last only so long.

If you leave it on only a few minutes a day it may last years.

Lipo batteries self discharge sitting because of the monitoring circuits.

Deep Discharge of the battery causes further damage.

It doesn’t take long to learn what helps preserve the current charge on the battery. What’s not well known is how to care for the battery itself. That’s just as important. Doing so allows the battery to operate efficiently. Here are a few ways to keep your lithium-ion batteries healthy.

1: Keep your batteries at room temperature

That means between 20 and 25 degrees C. The worst thing that can happen to a lithium-ion battery is to have a full charge and be subjected to elevated temperatures. So don’t leave or charge your mobile device’s battery in your car if it’s hot out. Heat is by far the largest factor when it comes to reducing lithium-ion battery life.

2: Think about getting a high-capacity lithium-ion battery, rather than carrying a spare

Batteries deteriorate over time, whether they’re being used or not. So a spare battery won’t last much longer than the one in use. It’s important to remember the aging characteristic when purchasing batteries. Make sure to ask for ones with the most recent manufacturing date.

3: Allow partial discharges and avoid full ones (usually)

Unlike NiCad batteries, lithium-ion batteries do not have a charge memory. That means deep-discharge cycles are not required. In fact, it’s better for the battery to use partial-discharge cycles.

There is one exception. Battery experts suggest that after 30 charges, you should allow lithium-ion batteries to almost completely discharge. Continuous partial discharges create a condition called digital memory, decreasing the accuracy of the device’s power gauge. So let the battery discharge to the cut-off point and then recharge. The power gauge will be recalibrated.

4: Avoid completely discharging lithium-ion batteries

If a lithium-ion battery is discharged below 2.5 volts per cell, a safety circuit built into the battery opens and the battery appears to be dead. The original charger will be of no use.

Also, for safety reasons, do not recharge deeply discharged lithium-ion batteries if they have been stored in that condition for several months.

5: For extended storage, discharge a lithium-ion battery to about 40 percent and store it in a cool place

Having an extra battery for a notebook fully charged will  never last as long as the original battery. It’s because  storing the battery fully charged means oxidation of lithium-ion is at its highest rate. Storing lithium-ion batteries at 40 percent discharge and in the refrigerator (not freezer) is recommended