Recently, I keep seeing people tying ETF fund flows, U.S. stock market risk appetite, and crypto market ups and downs together in their interpretation. I basically don’t chase explanations like that anymore… Anyway, there’s too much short-term noise, and what I can control is still: “Don’t lose your crypto, and don’t blow yourself up.”

When my asset size wasn’t big back then, a hardware wallet was enough. The key is not to be lazy with backups—don’t take photos of your seed phrase, and don’t casually leave things lying around at home. When the money grows a bit and you start feeling a little “can't sleep,” multi-signature becomes more appealing. Especially when you know you’re the type to impulsively act on your impulses—making transfers more troublesome is actually a form of protection. As for social recovery, I think it fits scenarios where you’re afraid of “people are gone / all devices are lost,” but the prerequisite is that you pick people you can trust. Otherwise, it’s basically just sharing the risk among a few “human factors.”

For me now: small hot wallets for pocket change, large cold storage plus multi-signature. If the process is slower, then it’s slower—at least the capital curve won’t drop straight to zero from a single mistake. That’s it for now.