My roommate asked why I bought another hardware wallet. I said I’d let my partner use the previous one as a USB drive, and there was still 0.3 ETH in it that I hadn’t transferred out. She took it to store her graduation thesis. Anyway, I’m using a tiered setup now: I keep the assets I use day to day on exchanges with take-profit and stop-loss orders set, then shut everything down. Only the big money goes into cold wallets. But I tried multisig once—of the three devices, two were in my possession, so it was basically no different from not having multisig at all… Social recovery sounds great, but in practice, the people you trust either don’t understand it or can’t be bothered to help. Social mining has been pretty hot lately, but, to put it bluntly, isn’t it just the old attention-monetization model in a new wrapper? The early birds get the meat, while the latecomers get the soup—and there might still be hooks in it. I can’t be bothered to research it; once I set my orders, I don’t even look at them. The anxiety is someone else’s problem.

The harshest truth in crypto: what determines whether you live or die is not your understanding, but your position size. BTC crashed from 87000 to 80400 before bouncing back to 82500, while ETH fell from 2777 to 2405 before recovering. The price is still the same, but some people broke even while others were wiped out. The difference lies in position size. Long liquidations accounted for 94%, as late long positions were cleared out in one-sided liquidations. In the same market move, spot traders may have only seen their profits retrace, while futures traders had their accounts wiped out. They got the direction right but the position size wrong, with the same outcome. The first lesson of a trading system has never been “Can I get it right?” but “If I’m wrong, can I still survive?” ‍#BTC #ETH #ZEC

BlockBeats data: Over the past 7 days, only five public blockchains generated more than $1 million in fee revenue. Solana ranked first with $7.01 million, followed by Tron ($5.55 million), Ethereum ($4.42 million), BNB Chain ($3.98 million), and Bitcoin ($1.71 million).