Recently, I see everyone rushing around testing network points and guessing whether the mainnet will issue tokens. I instead pulled out my "key system" again to check it... Honestly, no matter how diligent you are in farming, if you lose your private key, it's all reset.

My current approach is somewhat conservative: small amounts in hot wallets are used freely, but for anything meant to stay long-term, I use hardware wallets, at least separating signing from the computer or phone to reduce the chance of slips. For assets that go higher, I trust multi-signature more—don't put your entire life on a single seed phrase—but the execution details are quite annoying: how to choose signers, who goes offline, who can step in, think it through carefully before doing it, or you'll get stuck when you need money urgently.

I've always been a bit conflicted about social recovery; it solves the problem of "I forgot / I died," but it also introduces new risks of "friends / guardians causing trouble." Anyway, my only standard is: drawdowns are not just about net value; a security incident's drawdown is -100%. That's how I see it for now.