Your friends who keep all their crypto sitting on a centralized exchange might want to reconsider that strategy. Here's the thing—CEX wallets are convenient, sure, but they're not actually yours in the truest sense. You don't control the private keys, which means you're trusting the platform with your assets. That's fine for active trading, but hodling everything there? That's a different animal. Consider splitting your holdings: keep what you actively trade on the exchange, but move a meaningful portion to self-custody. Hardware wallets, cold storage—whatever fits your comfort level. The whole point of crypto is financial sovereignty. Why surrender that?
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SelfRugger
· 12-22 00:54
Staying idle on the exchange is just betting that it won't collapse, that's really not smart.
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DaoTherapy
· 12-22 00:48
The coins that are sitting idle on the exchange really need to be moved; the risk is too great.
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AirdropHunterXM
· 12-22 00:47
ngl putting all your coins on an exchange is really a gambler's mentality... once it crashes, you'll lose everything.
Your friends who keep all their crypto sitting on a centralized exchange might want to reconsider that strategy. Here's the thing—CEX wallets are convenient, sure, but they're not actually yours in the truest sense. You don't control the private keys, which means you're trusting the platform with your assets. That's fine for active trading, but hodling everything there? That's a different animal. Consider splitting your holdings: keep what you actively trade on the exchange, but move a meaningful portion to self-custody. Hardware wallets, cold storage—whatever fits your comfort level. The whole point of crypto is financial sovereignty. Why surrender that?