In crypto, there's only one golden rule: if you don't hold your private keys, you don't truly own your coins.



Centralized exchanges serve their purpose—they're built for trading, making markets liquid and transactions instant. But when it comes to storing your assets long-term? That's where hardware wallets and cold storage step in.

The landscape is shifting. AI-powered hacks are getting smarter, exchange vulnerabilities surface without warning, and volatility can wipe out poorly secured positions overnight. The uncomfortable truth is this: your security is nobody's responsibility but your own.

If you're serious about protecting your crypto holdings, the path is clear. Move assets to cold storage. Back up your seed phrase in secure, offline locations. Treat your private keys like they're worth their weight in gold—because they literally are.

Your exchange account? Use it to trade. Your hardware wallet? That's your vault.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
NFTPessimistvip
· 01-11 11:16
No kidding, the exchange has collapsed so many times, and people are still leaving their coins there to sleep? Truly…
View OriginalReply0
DeFiChefvip
· 01-11 10:37
That's correct, but the reality is that most people simply can't do it... Storing coins in a cold wallet is so troublesome, and you have to keep the seed phrase safe. If you're not careful, you'll lose it, which is even worse.
View OriginalReply0
AlphaWhisperervip
· 01-10 02:11
That's true, but in reality, not many people actually do it; most are just too lazy to bother.
View OriginalReply0
MemecoinTradervip
· 01-09 16:01
ngl the "not your keys not your coins" psyops has achieved peak memetic velocity... but the real alpha? watching people panic-move to cold storage right after exchange FUD drops. that's the sentiment arbitrage play rn
Reply0
SmartContractPhobiavip
· 01-09 15:56
You're right, exchanges are just for quick in and out. If you really want to sleep peacefully, you need to manage your private keys properly.
View OriginalReply0
FalseProfitProphetvip
· 01-09 15:53
Once again, it's the same old tired argument—hardware wallets are hyped up excessively... But in the end, most people are just too lazy to bother, and many end up getting phished because they didn't take precautions.
View OriginalReply0
FlashLoanLordvip
· 01-09 15:51
Exactly right, only your own money is truly money. Exchanges have failed so many times, yet people still keep long-term assets there... Never mind, I won't say more.
View OriginalReply0
RugDocDetectivevip
· 01-09 15:49
Not your keys, not your coins... I've heard this phrase too many times, but indeed no one can argue against it.
View OriginalReply0
GateUser-e51e87c7vip
· 01-09 15:37
To be honest, after being hacked by exchanges too many times, I'm really scared now. Hardware wallets are truly the only way out, right?
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)