Recently, I saw a bunch of people using ETF fund flows and U.S. stock market risk appetite to explain crypto price swings, as if there were some kind of universal equation that governs everything... Fine, anyway, when the market gets fired up, the first people to get wrecked are still the ones who didn’t manage their private keys properly. With small assets—just treat it like pocket money—then a hardware wallet is enough. Don’t make it overly complicated; the more complicated it is, the higher the chance you’ll end up messing it up and losing it yourself in the future. When the money starts to feel restless and you can’t get any peace, set up multi-signature—at least don’t let one accidental slip, or one compromise, instantly wipe everything out to zero. The downside is also very real: you need trustworthy people or devices to spread risk, otherwise it’s basically just you directing your own show.

As for social recovery, I think it fits lazy people who are also afraid of death—on the condition that the “friends” you choose aren’t more enthusiastic than hackers. And let me rant about my partner for a second: when I tell them about multi-signature, their first reaction is, “So you want to find two people to spend money together?”... I really have nothing left to say.