I've mentioned this before and I'll say it again—self-custody might not be the move for everyone. Yeah, I know that sounds like heresy in the crypto world, where holding your own keys is supposed to be gospel. But let's be real: most of us got into this space to actually profit, not to lose everything to a hack or end up in serious trouble.



There's this fundamental tension nobody wants to talk about. The whole point of crypto is supposed to be financial sovereignty and cutting out the middleman. That's the dream. But in practice? Self-custody comes with real risks—technical mistakes, security slips, social engineering attacks. One wrong move and your funds vanish. That's not theoretical either.

So here's the uncomfortable truth: for a lot of people, keeping assets on a reputable exchange or using institutional custody solutions makes way more sense than playing security expert. It's not pure decentralization, sure. But it's also not getting rugged or compromised. Sometimes the pragmatic choice beats the ideological one.
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MEV_Whisperervip
· 4h ago
That's right, idealism often easily backfires in reality. Exchange custody isn't as glamorous, but at least you sleep soundly.
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LiquidityWitchvip
· 12-15 09:56
Honestly, this hits the nail on the head. Self-custody sounds very advanced, but in reality? Most people just want to make money and avoid losing it. Self-custody can indeed make a person financially independent, but only if you are a security expert. Most people are not. A phishing link or a private key leak, and it's all over. This is not theory, but a harsh reality. So instead of pretending to be a big shot and managing your wallet yourself only to get completely robbed, it's better to keep it on a reputable exchange. After all, it's not always a black-and-white issue. Living to make money is much more meaningful than clinging to idealism.
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CascadingDipBuyervip
· 12-15 09:51
To be honest, this guy spoke what most people are thinking. Managing your own keys sounds impressive, but you only realize how painful it is when you lose them. I don't have the ability to manage private keys well, so it's better to leave it to the big platforms for peace of mind. Anyway, the leading exchanges are quite secure now, much smarter than me haha. That's why I'm still bottom fishing on exchanges—no need to make it so complicated... A compromise plan is actually quite appealing; there's no need to torment yourself.
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CafeMinorvip
· 12-15 09:49
It's a bit heart-wrenching but it's the truth. Self-custody is really not suitable for everyone.
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