Over the past two days, I’ve again been seeing new L1/L2 incentives to pull TVL. Old users are rushing in while complaining, “mine, sell.” In plain terms, no matter how diligently you keep harvesting the “easy money,” if your wallet security gets wrecked even once, it all goes back to zero… I’ve been up on my night shift, watching the fee rates until dawn, and somehow I’m even more afraid of these kind of basic, low-level mistakes.



If your asset size is smaller, just handle it yourself: a hardware wallet is enough—don’t get lazy and toss your seed phrase into a cloud drive. For a medium-sized portfolio—starting to partner up with others or participate in projects with split accounting—multi-signature is more solid: it’s a hassle, but it can prevent slip-ups and single points of failure. And if you’re the kind of person who forgets easily, and you’re also worried that one day your hardware will be lost: social recovery is quite suitable, but you need to choose trustworthy “contacts,” otherwise you’re just outsourcing the risk to other people.

Anyway, this is what I do now: I keep only the hot wallet for trading—if I lose it, I’ll just treat it as tuition for learning. The bulk stays offline, with separate backups—I’d rather be slower. We’ll chat again next time.
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