While commuting, I saw someone talking about "extreme funding rates, whether it's a reversal or just more bubble squeezing," and my first reaction wasn't about the direction... It was: if you get wiped out or experience a sharp surge, who has control of your account permissions and private keys? Basically, first figure out if you can "survive and get off the train."

If your assets are still small and mainly managed by yourself, a hardware wallet is quite sufficient—it's a bit troublesome but reliable; if the amount grows and you need to frequently cross-chain or do DeFi, relying on just a hardware wallet is actually quite fragile—one slip-up and your mentality could explode. For teams, couples, or partnerships, multi-signature acts more like a "brake"—no one should impulsively go all-in in a panic. As for social recovery, I think it's suitable for those who are afraid of losing their seed phrase and don't want to entrust their life to an exchange, but the premise is that you choose truly trustworthy "friends"... Anyway, I will layer my assets based on size—small amounts in hot wallets, with permissions divided for cold storage—so that if the market goes crazy, I won't send myself off first.