Recently, we've been talking about interest rate cut expectations and the US dollar index. It feels like risk assets are sometimes rising together and sometimes falling together... The more this happens, the more you should not just focus on prices. First, figure out the "custody cost." If the assets are small (like just a few thousand dollars), I think a hardware wallet is enough. Don't make trading too complicated, or else each multi-signature transaction will cost more gas/signature time, and the hidden costs will still eat into your profits. For medium-sized assets that are frequently interacted with in DeFi, multi-signature is worth it: it's not just about being "safer," but about reducing the risk of a single point of failure wiping out your principal. When it comes to managing with family or partners, or if you're worried about losing seed phrases, social recovery is pretty attractive. But the premise is that you trust those few people, and you should practice the recovery process in advance. Otherwise, when something really happens, you'll be even more panicked. For now, I'll go ahead and revoke old authorizations on my frequently used addresses to prevent any mysterious withdrawals someday.

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