Lately I've been struggling with the wallet issue again... Hardware wallets, to put it simply, are "I keep the keys myself," suitable for those who don't transfer often and hold a large proportion of assets, but don't overestimate your memory—lose the seed phrase and it's really gone. Multi-signature is more like "split the permissions," and once the funds grow larger, I feel more secure, especially for long-term positions. The downside is obvious: it's cumbersome to operate, and it's easy to get stuck if you need to use money temporarily. Social recovery sounds very friendly, but I always think a layer deeper: can I really trust these "friends/devices/services," or will it end up being an entry point for social engineering?

By the way, I want to complain that recently, on-chain data tools and tagging systems have been criticized for being laggy and misleading, and I agree... So when it comes to wallet security, I now prefer to design for the "worst-case scenario": assume tags are inaccurate, assume I might slip up, assume someone is watching you. Anyway, my own standard is: first, minimize the risk of loss (losing coins), then consider convenience.