Recently, I saw everyone arguing about whether NFT royalties should be collected or not. Basically, it's about the creator's income versus secondary liquidity clashing... As I watch the drama unfold, I think: no matter which side you're on, whether the money is in your hands is the fundamental issue.

My current approach is a bit of a "patchwork mindset": if the assets are small and only occasionally minting or trading, a hardware wallet plus multiple addresses is enough—more trouble but reliable; once the amount grows to a certain level, I start to worry that "one signature can decide life or death," so I prefer multi-signature setups, at least if I slip up once, I won't lose everything; I also consider social recovery, but it's more like a patch I put on myself—suitable for those who frequently switch devices and are afraid of losing seed phrases, but the social/trust costs need to be carefully considered.

Anyway, don't start by pursuing the most powerful setup; fix small issues first, and just block the easiest ways to lose coins.