I'm an evangelist for self custody - taking your crypto off of exchanges and other platforms and keeping it on a hardware wallet that only you can access. There are so many risks to trusting your crypto to someone else, even a big company with a good reputation. Unless you're day trading, there is no reason to keep your assets exposed and in someone else's hands.
Here are just a few reasons why 2023 should be the year you finally take control of your crypto security.
1. FTX and SBF
If the golden boy of the crypto world can turn out to be a (supposed) fraud, then who can you trust? I'm sure there are plenty of honest and reliable people running exchanges and defi outfits, but how do you figure out which ones? Why should you have to even try?
2. Defi still feels too good to be true
I get it. You want to earn crazy returns by staking your crypto. You want to mint the hottest new NFT. But is it really worth it? Do you want to turn a quick buck in a high risk venture, or HODL to find out if this thing is really heading to the moon? If you're in it for the long haul, hold your own coin.
3. It's Easier than Ever
More and more hardware wallets are coming on the market, and the top firms are coming out with great new features and customer support. If you've been hesitant to buy one in the past, 2023 is your year.
Check out the hardware I'm using in 2023.
If you're still not sure, let me help. Grab some time on my calendar, and I can walk you through the steps of better securing your digital assets. Don't wait for another sledgehammer like FTX to take you out.