Recently, with all the talk about expected interest rate cuts and the US dollar index, risk assets have started moving together—up and down in lockstep—and the mood in the group chat has been swept along with it too. Instead, I’ve thought through “how to keep myself safe.”

Put simply: my assets aren’t that big yet—just one or two chains to manage, everywhere I go. A hardware wallet is enough. Don’t complain about the hassle; the truth is, if you ever lose your seed phrase, you’ll understand. If the amount is larger, or if you’ll need to manage money together with other people, multi-signature is more reassuring. But the process is really tedious: when you’re out, you have to wait for everyone to sign, and if you get in a hurry, you’ll end up cursing.

As for social recovery, I think it’s suitable for people who are afraid of making mistakes—like accidentally tapping the wrong thing—or who have poor memory. But you really need to think carefully about who to choose as your recovery. Even friends can turn on you…

Anyway, this is what I’m using right now: a hot wallet for my small daily money, and for bigger amounts, a hardware wallet plus a small amount of multi-signature—so I’ll stick with this for now.