To be honest, since people’s asset sizes differ, security solutions really need to be assessed separately. For my part, when I don’t have much money on hand, a hardware wallet feels like overkill—if it gets lost, then it’s not a big deal. I’d rather just leave it on an exchange for convenience. But once I have a bit of savings, I start thinking about things like multisig and social recovery.

Honestly, I’m not sure which approach is best for you. A hardware wallet is solid, but once you lose one, it’s gone. Multisig is secure, but it’s a hassle to operate, and it can easily get stuck if one of the signers is unavailable. Social recovery sounds great, but who can guarantee that your “friends” won’t drop the ball at the critical moment? Lately, that public chain upgrade has been causing panic, and everyone is wondering whether ecosystem projects might run off. Don’t mess around with migrations and end up confusing yourself at a time like this.

In any case, first figure out how much actual money you have, then decide. If your assets are small, go for convenience; if your assets are large, don’t complain about the trouble. But don’t follow the crowd—don’t see someone else setting up multisig and copy it blindly, or you’ll end up not even being sure who’s really in control of the funds.