2026-01-16 22:35:07

Your crypto assets aren't truly yours unless you can defend them. That's the whole philosophy behind self-custody—if you can't control it, prove it's legitimate, or protect it from threats, then in what sense do you really own it? This is why decentralized wallets and personal key management matter so much in the blockchain world.

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HypotheticalLiquidator

· 01-19 06:30

Isn't self-custody just moving the risk from the exchange to yourself? It sounds wonderful, but 99% of people can't manage their private keys properly, and that's the real systemic risk.

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StableGeniusDegen

· 01-18 12:27

You're not wrong; taking care of yourself is the key, otherwise you're just gambling on whether the exchange will run away, haha.

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BearHugger

· 01-18 09:33

That's exactly what I've been emphasizing... If the coins aren't in your own wallet, it really means you don't have them.

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GhostWalletSleuth

· 01-17 18:41

Basically, holding coins on an exchange is like not holding any coins at all. I am the master of my private keys.

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PonziWhisperer

· 01-16 23:04

Nah, that's why I never use exchange wallets. I really can't handle the psychological burden of playing with them.

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GateUser-e19e9c10

· 01-16 23:04

Basically, it's "not your keys, not your crypto." I’ve heard this many times. But how many people actually keep their wallets securely on their own?

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RektHunter

· 01-16 23:01

Damn, this is the real truth. After so many exchange collapses, people still keep their coins there? Keep your keys yourself—that's the bottom line.

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BlockchainBouncer

· 01-16 22:53

Self-custody is really just a false proposition; no matter how eloquently it's put, it can't change the reality of a wallet being hacked, haha.

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ETHReserveBank

· 01-16 22:51

This is exactly what I've been saying all along: self-custody is not an option, it's a necessity. Otherwise, what's the difference between that and just keeping your coins on an exchange?

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ChainSpy

· 01-16 22:42

No way, that's just being polite. Most people still use centralized exchanges because they're too lazy...

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